I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 3 September 2015

Self Interest vs. Vested Interest??? (4)


 Read? Self Interest vs. Vested Interest??? (3)

Learn something new from SMOL

3% p.a. yield is not too difficult; but many choose to pay fund managers to take the shits for them. Fund managers are Dung Beetles? They play useful role. :-)


Like it or not. Investing is a Game of Strategy like Chess! 

 Uncle8888 was once a crazy Chinese chess player and probably that is why he also thinks too much in investing.

For low yield like 3% p.a. ; one doesn't need complex strategies to meet this goal over the next 15 to 20 years in the stock market. 

There will be enough opportunities in the market to meet your investing goals at the end of your investing journey. 


Posted by Createwealth8888 at 08:01
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1 comment:

  1. Singapore Man of Leisure3 September 2015 at 09:51:00 GMT+8

    CW,

    You machiam snake or what?

    Anyhow put words into my mouth...

    Dung beetles are those who follow "elephants" and lap up on the trail of dung that's left behind.

    Of course they are useful!

    Just like ants, who do you think does the "recycling" work in nature?


    How on earth Fund Managers now get associated with dung beetles!!!???

    Fund Managers are shepherds.

    If I land owner, I would rather spend my time on wine, women, and song. Outsource the money making work to shepherds ;)

    The problem is that the excellent shepherds only want to work with mega-landowners. Nano-landowners like me they not interested : (


    Chess is good training for investing - it's about pattern recognition :)


    If we just want 3% return and can wait 20 years don't touch our investment, I would have thought our CPF shepherd does a fine job.

    Can use CPF to relocate funds into our place of abode or 2nd investment/rental unit too!

    I know you are more into equities. I lean on properties even though I have no investment/rental units just yet - especially for my old age.

    I've never experienced a property crash of 50% or more in Singapore. Has anyone?

    Can't imagine I 65 or 75 still have to worry about 1997 or 2008 > 50% market crashes...

    Well, that's for "not so young" dung beetles to find out for themselves whether their hearts can take it ;)

    ReplyDelete

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