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, 23 March 2013

Funding Your Child’s University in the Future? - OMG! It is finally over.



Read? Funding Your Child’s University in the Future? - Updated for fourth year


Ah Ger has already secured a job. She will be starting her work in Jul 13.

OMG! It is finally over.

Tuition fees and all living and studying expenses

Three Year Uni course at NUS for son: $30.6K

Four Year Uni course at SMU for daughter: $61.4K ( including an Overseas Exchange Programme in Paris)

Total for two children = $92K!

Remember that they are young adults so they may incur some additional costs in socialising with friends for entertainment and meals.

As for daughters, they may have extra costs for beauty and skin care products and more clothing need.





Posted by Createwealth8888 at 14:45
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2 comments:

  1. B23 March 2013 at 16:28:00 GMT+8

    I'm going to start saving 100K for my child education based on your figures ;)

    ReplyDelete
  2. RayNg23 March 2013 at 22:10:00 GMT+8

    Congratulation. Now you can retire wuth ease. No more housing issue no more education expense you rock!

    ReplyDelete

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