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.
Tuesday, November 24, 2015
Updates (24/11/2015) - 3rd Withdrawal
I've made a withdrawal yesterday, amount withdrawn is USD $630.00 (Fees - USD$30 + S$10) nett amount to be received in SG Bank account will be S$878.43
The amount will be used to pay the Maybank Loan taken for the additional funds added into the account on 23rd Oct 2015.
Funds received in my Singapore Local account: