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Where does the money come from??? (2)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  November 18, 2018
Saturday, 7 July 2012 Read? Where does the money come from??? Most investors will love yield! Most investors will want passive income stream! Monthly passive income is the BEST!!!! So what happen? In some overseas property investment, investors are guaranteed rental income for three years. Guaranteed for three years!!!! But, where does the money come from??? Remember this Chinese's proverb Yang mao chu zai yang sheng shang : Sheep's wool comes off the sheep's back.
Hmm .. now really happened in JB
A group of 116 people - mostly Singaporeans - who bought serviced apartments in a waterfront development at Johor's Puteri Harbour are claiming that they have had their fingers burnt in a buy-and-leaseback scheme. They are accusing a company linked to the developer of giving "unreasonably and inconceivably negligible" rental returns after the first two years of guaranteed returns in a 10-year contract. This began in March 2015 and they got at least five per cent a year. But when the guarantee period expired in February 2017, the returns plunged ...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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