*Important: If you want to get the MOST out of your understanding of the Cashflow Game, please play the Cashflow Game at least once or twice before looking at this Decipher of Cashflow Game Cards Series*
The second card of this series that we are going to decipher is the card attached below…
The obvious question to ask is whether this is a good or bad opportunity? In the Cashflow Game, it really depends on which occupation are you and which stage of the rat race are you at. Due to the fact that there is only ONE market card that sells that piece of land and the opportunity is one of the most expensive deal in the Cashflow Game, it may n ot be the best deal you should be looking into. Of course, if you have lots of spare cash and you don’t mind hope and pray, you can consider the deal. I have personally once bought the opportunity from some other player, before even I finished writing, someone took the market card to sell the land *lucky* Hence, please have a financial plan once you know what occupation you are . This will give you clarity of what opportunities to tap on.
Today’s Sunday Times, Ms Lorna Tan discussed about Land Banking. Like in the Cashflow Game itself, not everyone is suitable for Land Banking. Investors most of the time have to wait more than 5 years. And recently, there was some woes happening around Land Banking with Land International (Far East) (closed due to insolvency) asking investors to invest into protected land and Profitable Group not giving any returns to their investors. However, investors have too benefited from Land Banking. I personally known Land Banking investors managed to get a ROI of 20% to 24% p.a. from land bought from Walton International.
To summarize, if your Written Financial Plan doesn’t include Land Banking at the moment, please stick to the plan and don’t be swayed by the sales pitch by Land Banking Consultants. That is why having the “RIGHT” team of advisers is very important. In Cashflow Warrior, we strongly advocate the whole team of advisers must believe in the Cashflow Concept, so that the person is advised by all with the same objective resulting Financial Freedom will be achieved faster 
Max Tay
Cashflow Game Singapore
Dear all,
This article is a summarized of today’s Sunday Times me & my money. Today Ms Lorna Tan interviewed Mr Anthony Ow, Executive Director of Insurance and Financial Practitioners Association of Singapore (Ifpas).
Family: Wife, Ms Mosy Tang, 62 retired and 2 children, Yvonne, 36 and Ian, 31.
Background: Accountant obtained from Association of International Accountant, MBA from Brunei University. GM at Novartis Nutrition Singapore, Director and Group GM at MediaStream & Executive Director @ Ifpas
Spending Habits: In his old days, he saved at least 60% of his monthly pay and almost all of his annual bonus.
Insurance Portfolio: $1million Personal Accident and critical illness cover of $100K *His only regret is he didn’t buy enough insurance* and whole life of $100K.
Investment Portfolio: Getting income streams from E, B and I. Inclusive of Paper Assets & Properties. Prefers buy and hold strategy.
Values: Frugal and believes in Education.
Max Tay
http://www.CashFlowGame.com.sg
