- Assume the free cash amount to be SGD8m (without paying down the mortgage under 2 below).
- Landed FH houses and not rented out. Thinking of selling one of them and swap into an orchard road condo and then incur a mortgage of SGD4.5m. And so keep one fully paid landed house. Hoping to work for another 2-3 years and make use of “leverage”. Make sense to do this?
I’ve been getting some pretty interesting questions on how to invest in today’s investment climate.
Here’s one of them:
Dear FH:
Been following you and read your articles with interest.
I am aged 50 plus and thinking about how to set up a portfolio to generate net cash of SGD30k.
My wife and I don’t live in SG at the moment.
We own properties in SG which are all not income generating at the moment.
Wanted to get your thoughts on the right way and fuss free to generate the desired return in a consistent way as we age.
