When we, the most savvy Financial Bloggers or Retail Investors are GONE!
What can happen to our assets?
How to protect our human asset value and financial assets value?
How many financial and investment bloggers talk about it?
Wealth = Asset Value + Cash flow
Asset Value = Human Asset Value + Financial Assets value.
For our human asset value, we can use life insurance to protect it.
But, for our financial assets especially our investment portfolio, our powerful investing strategies, our most savvy investing Mind; seriously have we, the most savvy investment and financial bloggers think about it?
Can our dependents or next-of-kin safely take over and protect our financial assets and continue to generate that kind of cash flow without some active portfolio management when we are GONE?
Can they?
For the past few years, Uncle8888 has been thinking very hard.
Have you started thinking?
Haha..i've been thinking of tt too. Once one has a system n a clear way to create, maintain n increase net worth, create a system to continue this is not too difficult.
ReplyDeleteone way is to create a trust.
That time I was asking around for Trust. Minimum $5m to start off :-(
Deleteeducate your children teach them
ReplyDeletegive they a 'pouch' 紧拿 and only open when their lives are in danger haha
Wusha? Cannot remember which show? Got 5 'pouch' 紧拿
DeleteSo many? I thought 1 only hehe
DeleteI am a big believer in placing comments on blogs and forums to inform the blog writers know that they have added something useful to the world wide web! Holborn Assets
ReplyDeleteWhen my wife reaches 55 this Dec, I will nominate CPF money to beneficiary's CPF and then she can do monthly withdrawal for living expenses
ReplyDeleteWhen I am gone!
ReplyDeleteRemember my wife is housewife with very little CPF OA. When I am gone, her RA and MA will be full till whatever max.
ReplyDeleteya. 65 onwards
ReplyDelete