CashFlow Investing is based on the Concept by Mr Robert Kiyosaki, where the Strategies/Mindset of Investing formulated Primarily for Cashflow collection, Secondarily for Capital Gains.

I see it as a business model similar to "Insurance", "Vehicle Rental", "Property Rental". Where you manage/own assets which generates Cashflow Income on a consistent, shorter term, manageable, predictable & acceptable basis.

It is not a Get-Rich Quick, One-Time jackpot kind of strategies where you can retire quickly, but a consistent system which I use personally which will & can replace your working Income over time, leading to Retirement.

Caution - Formulated Systematically to lead to Retirement in 8 years.

Thursday, November 21, 2013

FUNDING REQUEST (18/11/2013)

Hi Guys,

Prior to this Challenge, I've taken a personal loan from the bank (no specific company/brand), in this case I took from Maybank, SGD $6000, dated 14/11/2013, 0% interest for 6mths, one-time processing fees of 1.48%. Re-Payment will be at SGD $250 mthly for 6mths, will do a rollover at the end of 6mth for the remaining amount using another facility.

Funds approved on 18/11/2013, into my local bank account on 19/11/2013. Remittance at DBS Bank dated 21/11/2013, funds into trading account on the same day before midnight.

Funds Received into trading account.

*Refer to disclaimer

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