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

Sunday 4 January 2009

Property Investing - doing the Math (Part 3)

I have sensed that some of those superfriends are getting ready to invest in property. I presume investing in Sinagpore 99 years Leasehold property as investing in Freehold property would need huge capital and highly leveraged.

What is 99 years Leasehold?
A leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord. Leasehold is a form of property tenure where one party buys the right to occupy land or a building for a given length of time i.e. 99 years.

What work against an investor?
Time decay. Yes, time decay works against any investor (value investing).The property will likely to go through a few property cycles, finally, the full impact of Time Decay will be signicifantly felt in the last cycle and will be rapidly priced in and its value will plummet without no futher recovery i.e. approaching End of Life.

Is putting money in 99 years Leasehold property Investment or Speculation?

I think Investing is the most abusive word used by Investors in Singapore 99 years Leasehold property.(You should never ever think you are an investor if what you are doing is in fact speculation)

Leasehold property is good for living and for those who could afford a luxury living. By all means, live well, enjoy it, and spent your natural wealth in your lifetime. Never heard of anyone who has successfuly bring their wealth with them after their lifetime, most likely their wealth will be stolen or lost after sometime.

So are you still INVESTING OR SPECULATING? Leave it for you to answer truthfully. Alternatively, loading property counters bringing you nearer to INVESTING as there is no TIME DECAY element. Cheers!
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