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

Wednesday, 1 December 2010

Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (6)

Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (5)

Yesterday, I casually asked a colleague when is he getting his CPF and what is his investment plan?

He told me he got it 3 months ago and also attended CPF Talk on Investing Options for Reaching 55. He told me he has no any other investment plan except to leave it in CPF to service his housing loan - another 11 years to go!!!

I guess he must have upgraded his home at least once. Probably, he is like many other CPF members who are thinking of using their residential home as assets for retirement. What will happen when eventually this fairly large group of residential home property investors start cashing out their older HDB flats. I believe that people around my age groups are from babies-boom era, right?

Will HDB Resale properties crash in 10-15 years time?

No comments:

Post a Comment

Related Posts with Thumbnails