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As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Sunday, 13 November 2016

The Tale Of Three Old Men In The Same Office Space (True Story)


Read? The Tale Of Three Old Men In The Same Office Space (True Story)


This longitudinal study confirmed Uncle8888's observation in his ex office space. Many seniors in their 50s and 60s are depending on their residentail home as retirement cash flow for years to come. 

 There will massive selling of HDB flats and many more HDB landlords offering lower and lower rental as these retirees don't have any choice.




Posted by Createwealth8888 at 08:14
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2 comments:

  1. Singapore Man of Leisure13 November 2016 at 11:29:00 GMT+8

    CW,

    That's why mr Pinky spent one national day rally explaining to white little lambs how to monetise their HDB asset for their old age retirement!?

    You know, renting out 1 spare room, downgrading to smaller flat, HDB lease buy-back; etc.

    I thought that was funny weird - although if I think about it further - its a bit sad...


    ReplyDelete
  2. temperament14 November 2016 at 10:15:00 GMT+8

    HDB lease buy-back has a lot of terms and restrictions.

    i think lease buy-back only up to 4-room flat only.

    What happens if you are still alive after end of lease?

    ReplyDelete

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