Category: Singaporean Stocks Investor

10.5% yield but must take a 200% loan.

Reader says…

I have some money in bank and my Relationship Manager is pushing me to buy unit trusts with leveraged.

Recommend me to take 100% loan so the yield will be higher from 5% to 8%.

I could also take a 200% loan to get 10.5% yield….

CPF SA time and income lost due to peer pressure.

Definition of “peer pressure”:

A feeling that one must do the same things as other people of one’s age and social group in order to be liked or respected by them.

(Source: Merriam Webster Dictionary)

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