Invest
When Your Bank RM Called??? (6)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  December 27, 2020
Read? When Your Bank RM Called??? (5) Sillyinvestor 26 December 2020 at 11:29:00 GMT+8 Hmm CW, You haven answer Hyom or I could not fathom enough. Any impact if interest rate raises? Is 10 years and is a long time Reply Delete
Doing some Maths to keep his mind functioning! LOL! RM's illustration is based on projected income @ 4.75% return on top of guaranteed fixed monthly income and projected bonus. Projected 4.75% return by RM may be too juicy so Uncle8888 used 3.25% to do his Maths! Actually; the real investment gains from this Premium Financing plan will depend on how well Uncle8888 invests this free up $144K which was previously locked up as Cash asset under AUM in the Bank earning low interests. Time for him to power up! LOL!...
Read the full article
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!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance