Econhealth got privatised. More cash for future investment

 Dear all, 

 Last week, Econhealth was privatized and all shareholders are given the option between cash redemption  (default option) and the parent company + cash redemption. I am vested in the share. In the end, I choose the default cash option. 

The money was already into my bank account. I am thinking what I should do with the money. It is not a lot but it help me to improve my fixed income dividends by investing into income funds. I remember there is a Malay saying that goes" Accumulate little by little, eventually you will have a mountain."  

 I spend a few hours yesterday trying to project my investment return with a few possible scenarios. I am truly pleased that no matter which scenario I placed myself in, I would still be able to retire with a comfortable amount of passive income at the age of 55 if the fixed income continue to do well in the next 10 years. The scenario set may not be perfect but that is the best I would be able to do for the moment.

What remain is to stick to the plan, stay invested and let time do its work.

 P.s. Not a financial advice. Please treat this as the rambling of an middle age uncle.  

Comments

Popular posts from this blog

Inclusive Career Fair 2025

My 45th birthday and an update on my monthly individend.

Happy 2025 and a new road ahead