Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Don’t do everything for me

Read? Don’t do everything for me Singapore Man of Leisure18 June 2017 at 11:24 CW, Don’t want! I prefer to have intellectually stimulating conversations with you – don’t agree never mind! Even better!!!  Pokes are more fun when the gloves are off ;) Let continue with top up your children’s CPF SA …. Don’t do everything for me! Ah Pa or Ah Ma. Don’t leh! Every year you top up your CPF SA and claim tax relief and bom pi pi on your tax saving! So shiok! Double your income; but no double your income tax. Bom pi pi! Then...

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Hey! Do You Have Any Loved Ones???

Read? Hey! Are You Married With Kids? If you still have loved ones with you; then securing your financial journey to your retirement endpoint is NOT as simple as you may have thought about it. When something bad or critical happened to our beloved ones; we may immediately change our mind on the original intent of our money! Read? That’s what an Emergency fund is for! Real People. Real Shifting of Money...

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How Much Money Is Enough For Our Retirement???

Read? The Impact of Guaranteed Income and Dynamic Withdrawals on Safe Initial Withdrawal Rates Walau! Those experts are making retirement planning so complicated and full of formula and probabilities. So far Uncle8888 has find this model for retirement planning easier to plan and understand. Less Analyzing. More Retiring – CW8888 Read? Romance of retirement very much alive The way Uncle8888 plans for his own retirement to build sustainable retirement income for life is … Step 1 : Know your past annual household expenses. The longer historical data will be more useful and practical guide to forecast how much money is enough...

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No Blog Post On Investing??? (2)

Read? No Blog Post On Investing??? Read? Barbell strategy (2) In the market; there is No Free Lunch! Someone else in the market must lose their hard earned saving from their salaries to provides lunches to other players in the market! Read? Investing Made Simple by Uncle8888 (6) 37. All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out. – Peter Lynch Based on Uncle8888’s past investment records; it looked like Barbell strategy and it is still better for him to continue...

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No Blog Post On Investing???

Uncle8888’s Three Taps solution model to build sustainable retirement income for life in his financial independence phase is quite different from commonly adopted definition of financial independence when their investment income exceeding annual household expenses. Investment portfolio is their key component of cash flow; but not for him. His key component for cash flow lies with the strength of his Tap 1. Different stroke for different folks! With his Tap 1 future cash flow capacity already covering 100% of total future household expenses till 2038; so he doesn’t have that sense of urgency now to increase the cash flow capacity...

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Leverage With Margin Account??? (2)

Read? Leverage With Margin Account??? Long long ago; in the famous CBox; Uncle88888 came to know one guy going around forums and cboxes boasting about his leverage return on his bond trading like you didn’t leverage on low interest rate you are dumb! Not sure now what happened to his bond trading and his leveraged gains? Our OWN Money and Other People Money? How do some people think about Return On Capital? Actually it is Return on Own Capital All cases have $50K as Capital Investor A invested all $50K @ 5% yield and received $2.5K investment income. ROC or Return...

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You Love Your Job But Your Company Doesn’t!!!

Uncle8888 was busy looking out for stalls that have queue and see what are they selling  at food centre; and suddenly he heard someone calling out loud his IC Name. Walau! Nowadays; he often hears people calling him Uncle, Jacob or Uncle Jacob; but calling by IC name is getting uncommon. Uncle8888 has even changed his Whatapps profile to replace his previous working name. He went over to chat with his two ex-ex-ex colleagues who are about his same age group in their 60s. Later; he came to know both of them have been retrenched as their department was...

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Is Your JOB a Necessary Evil?

Read? Climbing your investing or corporate ladder? (4) If you are not the Red Man soon your Game will be over!   It is JOB and not work; and especially as employee! As self-employed; you can’t hate your job; otherwise you should have already quit long ago. As employee; it is ALL about climbing corporate ladder or pyramid; but few employees can actually and continuously climb the corporate ladder or pyramid to the upper layer. In your late 40s or 50s and you are stuck at that position for more than 10 years without yearly pay increase other than some...

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Cash Is Rotting As War Chest!

Let see what will happen to CW8888’s Investment Portfolio XIRR on 31 Dec 2020 20 Years XO Grade XIRR. Don’t laugh hor! XIRR over 20 years (1 Jan 2000 to 31 Dec 2020) will fall to about 5.4% From now till 31 Dec 2020 if Uncle8888 can successfully deploy his current level of war chest for 100% net gains on war chest ONLY in the next Bear to Bull; his XIRR on 31 Dec 2020 will improve to 8.2% over 20...

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Counting The Cost Of University Education at SUTD (5)

Read? Counting The Cost Of University Education at SUTD (4) Year 1 & 2 (Apr 16 to Jun 17) Read? Funding Your Child’s University in the Future? (2) Total as of Jun 2017 = $125K of potential war chest  for investing @ 5% yield to receive $6,250 yearly passive income. For those who likes to think that children eat money!...

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This Is Not A Dream! It May Be Possible!!!

Read? Get Rich Fast Vehicles – A Trip Down Memory Lane Quote : “I do once think of earning a lot of side income from stocks, but never rich. Lol…” Many of us can achieve it over 20 to 40 years of war chest from our earned income to invest for dividend growth stocks through short-term trading and long-term investing. Your foundation for this investing strategy is from your earned income and saving; and your eyes wide open and learned from past mistakes and losses; and to avoid making those same...

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Hey! Not All Self-Employed (Own Boss) Can Suka Suka!

Read? Why Do You NEED To Work HARD??? (2) Met this taxi driver neighbor while walking to the lift and had a short conversation. Neighbour: You good life. Walk here. Walk there. CW: Okay lah. Neighbour: Why you want to retire? You can work till 65. Right? Your Manager pay not bad. Why retire? CW: Bo pian. I have to retire! I can’t tell Boss that I want to work less hours and want to work part-time. No such thing! Neighbour: I also want to retire. CW: You no need to retire. You suka suka can park your taxi and...

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Why Do You NEED To Work HARD???

1. I haven’t reach financial independence! 2. I need MORE money to pay for increasing household expenses for growing up children 3. I need MORE money to save and invest In the same office; we can see some working very hard and some slacking obviously. The funny thing is that some of these slackers were previously working very hard. How come like that? Real Manager. Real Slacker. This ex colleague kept complaining to Uncle8888 about this slacker in his team and Uncle8888 replied to him. Either you sack him or live with it as he doesn’t need the job...

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Seriously How To Avoid Being Fooled By These Scams, "Gurus" or Trainers

How can you probably see it and then seriously avoid it? It is never what you see; what you read and what you will get it! It is the HOW! When you see MAIN marketing statement or headline where it emphasizes …  (1) From humble background; Poor to Rich from self discovery of secret formula (2) Losing so much and then discover secret sauce to become rich (3) Show you lots of profits made but not showing past years of evidence of proof with audited statements of investment gains from the market. (One late “Guru” in Sinagpore had been...

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Fact or Fiction : The key is to make your money on the buy, not the sell

Read? Renting a home can be a savvy decision Quote : “I looked to investment guru Robert Kiyosaki’s Rich Dad Poor Dad blog, in which he wrote: “Repeat after me, your house is not an asset.” His line of thinking is that it matters little how much a property appreciates in price. What matters more is “whether it provides cash flow every month”. “The key is to make your money on the buy, not the sell,” he said, so that one does not have to worry about whether the asset value goes up. Cash flow from a house would therefore...

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