with inflation @ 4%.... why not invest some amount in safer, defensive blue chip counters?
violinist Wrote:with inflation @ 4%.... why not invest some amount in safer, defensive blue chip counters?
There was a stated requirement that "minimally the principal shd be guaranteed."
Therefore investment in stocks is out of the question.
DOG san, nice to see you again in this new forum.
Uncle koh is back, registered yesterday...but will be less properties talk from me, hehe.
Nowadays, beri busy 2 projects on-hand , itchy backside take up better offer now headache liao...everyday reach home worn-out liao.
How the market? understand year end might have a rally, becos of GE... my guess.
Koh San, welcome.
Missed your posts....
Wow... new job ah.... kanna headhunted?
My plan is a simple one -to replace my active income with passive one
Yeo san, thanks ...wow yr guess very 'chun'
Yar lor, kenna called back by my ex-boss....but the job very demanding, still in real estate field but more to project works.
Actually i can retire and lay back with my passive rental income, but end of the day I find income from salary and with the savings at the right time invest in properties. This is still the safest and fastest path to financial freedom.
Oh, 1 good new for me, my fresh graduate son at last got a job in 1 of the biggest local bank, a great relief for me....cheers
Wow... Uncle Koh, you are the inspiration for the younger generation. If your son has served NS and gone through a min 3 years university education, you should be around 50 years old.
You are still working hard and keep your knowledge relevant to the world although you can basically live off the passive income.
Congratulation to you for both your new career and your son's job!
(16-10-2010, 08:32 AM)yeokiwi Wrote: [ -> ]Wow... Uncle Koh, you are the inspiration for the younger generation. If your son has served NS and gone through a min 3 years university education, you should be around 50 years old.
You are still working hard and keep your knowledge relevant to the world although you can basically live off the passive income.
Congratulation to you for both your new career and your son's job!
Haha, I had thought the nickname "Koh_52" gave an indication as to his age.
Jokes aside, yes he is an inspiration indeed. I hope I can say the same when I hit 50+ too!
Welcome back Koh.
Koh! I need your property expertise! heh. Buy my Flat now or later. Prices keep on going higher.
Anyway, welcome back Koh. One of the interesting people to read.
Hmmm..... I wonder where Contrarian is. He gives pretty good comments as well.