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, September 5, 2019

Closure of Charles Schwab SG Office (end of 2019)

Hi Guys,

Its been more than 10 years I've been a customer of Charles Schwab Singapore (previously known as OptionsXpress Singapore).

I've been using this platform for my US Stock/options investing over years, now its time to switch to another Financial Institution Platform.

Attached information regards to its closure for your reference. By end of 2019 Singapore account holders have to close/liquidate positions as they are unable to port our account to US head office due to local monetary authorities  regulations.

I'll continue till November, then liquidate my account and make my withdrawals. I'll be switching to Ameritrade. But my blog will continue under a fresh new account and record.

I'll capture my last summary and post it on my blog on end 2019.

 



Links: https://www.channelnewsasia.com/news/business/charles-schwab-to-close-singapore-office-11875640



Posted by at No comments:
Labels: , , , ,
Subscribe to: Posts (Atom)