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

Saturday 19 December 2015

FD Interest Rate Is Rising!


Renewal of battalion in the War Chest

This morning, one battalion was renewed at HL Finance @ 1.86% with one free gift.

Battalion has been renewed at rising rate i.e. 1.35%, 1.80% and now 1.86%



 


3 comments:

  1. Finally!

    Mom would be happier next year.

    Every year, I'll accompany her to renew her fixed deposits and collect the interests.

    I'll tease her, after minus the taxi-fares and makan, there's really not much left :(

    If 1 year fixed deposit can get close to CPF 2.5% interest I'll be happy oredi :)

    ReplyDelete
    Replies
    1. Battalion OC also happy as no need to think so hard how to deploy troop.

      Delete
    2. 13 months FD. If no war till 2017, then I will receive cash flow in Jan 2017 as passive income. :-)

      Delete

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