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!
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2 hours ago
CW,
ReplyDelete1st 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!?
Once cross 2.5% must invest like 4M65. LoL
DeleteUncle8888,
ReplyDeletePray 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.