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

Tuesday, 5 July 2022

Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income??? (3)

Read? Leveraged Annuity Plan As Additional Source Of Mini/Nano Retirement Income??? (2)

Loan rate is rising so banks should be making more money. No?

Rising fast and soon it will overtake CPF OA 2.5% rate!



Posted by Createwealth8888 at 12:03

3 comments:

  1. Singapore Man of Leisure6 July 2022 at 16:31:00 GMT+8

    CW,

    1st year you make, this year you probably no make no loss.

    Next year is your moment of truth!

    If recession and Fed starts cutting, you heng ah!

    But stagflation, and the Fed keeps hiking....

    All this is not important.

    Its what you have been doing with the "loan" from this leveraged annuity plan!

    You better make some capital gains!

    If not, how are you any different from those who use margin on dividend stocks!?


    ReplyDelete
  2. Spur8 July 2022 at 13:20:00 GMT+8

    Uncle8888,

    Pray that 13 July US CPI report comes in much lower than expected lol!

    Fed is hoping for the "stag" without the "flation".

    Recessions & some deflation is good for retirees, whereas some inflation is good for active salary workers.

    As in most things in life, extremes aren't good, in this case hyperinflation or massive deflation.

    ReplyDelete

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