The risk of getting a big loan to fund retirement
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Early last year, if someone said investing in the aviation industry could produce huge profits, few people would have doubted such an assessment, but the Covid-19 pandemic has shown that trouble can happen any time, says the writer.
ST PHOTO: JASON QUAH
Want a passive income of more than $1 million by making a relatively low cash investment of less than $200,000? Roll right up, have we got a deal for you.
You can supposedly achieve this dream retirement plan by using other people's money such as a bank loan of about $500,000.
