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

Sunday, 5 August 2018

Counting The Cost Of University Education at SUTD (9)


Read? Counting The Cost Of University Education at SUTD (8)


 Year 1 to 3 (Apr 16 to Mar 19)

 As of today update, 5 Aug 2018

 Tuition fees and all living and studying expenses

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

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

 3. Year 1 to 3 as of 5 Aug 2018
Total cost for three children at 5 Aug 2018 = $141K!

 That is passive income @ 5% yield of $7K per year.



Posted by Createwealth8888 at 21:13
Labels:

3 comments:

  1. Spur5 August 2018 at 22:23:00 GMT+8

    $200 per month allowance from each kid = $7,200 per year passive income. :) LOL

    ReplyDelete
    Replies
    1. Createwealth88886 August 2018 at 09:26:00 GMT+8

      Monthly allowance is mom's passive income. :-(

      Delete
    2. Henry7 August 2018 at 10:44:00 GMT+8

      I doubt $200 monthly allowance is enough especially if the student stays in hall where all 3 meals are consumed outside home. Or takes both lunch and dinner on campus due to study and project work. Not sure, just curious and planning.

      Delete

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails