As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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, 8 April 2018

Spending So Much Time On Investing. Worth It Or Not? (2)


Read? Spending So Much Time On Investing. Worth It Or Not?

99 Years Leasehold HDB 4 RM Home in Hougang is going to zero in 68 years!


From PropertyGuru, the last transaction price in his block 

May 2016 4 Room flat , New Generation 1,001 $415,000


His gross profit = $415,000 - $55,000 = $360,000 over 31 years


His CPFIS net refund (net profit) over 18 years (2000 to 2018) is 

$303K.

Home is not an investment property so it doesn't generate cash flow so it will have to depend on capital appreciation before it is too late for 99 years leasehold!




2 comments:

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  2. Hello, nice post. When a man become an old, also retired from jobs then he/she needs to give the property power to his/her sons. I want to read another blog like https://www.londonequityrelease.net, if you have, share.
    Thank you

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