Monday 16 June 2014

Project Update: 2/3 There

I've assembled a portfolio that can give me an average of 400k of capital appreciation per annum, of which I can draw out about 200k of equity cash out. I'm also able to collect about 160k of dividends and rental income per annum. Most of which will be used to service my mortgages. But rental income generally rises in line with inflation, while inflation destroys debt.

I hope to be sipping Pina Colada by 2017, which is not far away. My only regret is I could have achieved this in 2011, 6 years earlier because I should have started investing in properties at a much younger age. But it's never too late to enjoy life and give back to society, as long as I maintain good health!

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