16-05-2011, 03:20 PM
(15-04-2011, 08:08 AM)Musicwhiz Wrote: From this exercise, I managed to "free up" about $9,000 of cash from the surrender of the two Life policies, and have put this money to work earning 5-6% yield in equities.
Just another update. The previous figure above was inaccurate. I just completed surrendering all of me and my wife's policies.
In total, the funds we recovered amounted to approximately $13,000 in total. This will form part of my opportunity fund to be deployed when there are suitable investment opportunities, and will be reflected under my CASH balances in my month-end portfolio review.

My Value Investing Blog: http://sgmusicwhiz.blogspot.com/