00577 [It Is Not Too Late to Invest in Your Sixties or Seventies: From 17 Times Annual Expenses and Pre-Retirement Credit Loans to QQQI Asset Allocation]

Number: 00577

Published: 2026-08-08

Pages: 31

Source filename: 00577【六、七十歲投資也不遲！從17倍年開銷、退休前信貸到QQQI資產配置】日期：2026年8月8日簡報資料.pdf

Original file: Open file

Previous presentation: 00576 [Waiting Is Not a Strategy; Buying and Holding for the Long Term Is the True Path to Investing!]

Document Text

New Content on CLEC168.COM

Existing videos now include AI-refined video content.
A new tool organizes QQQ's annual gains and losses: https://clec168.com/qqq-returns

How to View Bilibili Columns

Because many people are unfamiliar with Bilibili's column feature, they have been unable to view the teacher's posts normally. These instructions explain where to find them.
On a PC, open the home page. The first row is the column section, where the teacher's latest posts can be viewed directly.
On a phone, Bilibili fixes the first home-page tab. The second tab is the post column. You can also select submissions and find the column below. The text is preserved except for sensitive terms.

00577 Figure 4-1: Bilibili column page on a phone

CLEC168 Investment and Wealth Management Bilibili Channel

The channel has been established and includes all videos, articles, and James Talks: https://space.bilibili.com/473957263

00577 Figure 6-1: CLEC168 Investment and Wealth Management Bilibili channel home page

Over the Long Term, the Market Only Rises

Clubhouse, Easy Talk on Investing

CLEC (California Life Enrichment Club) Investment and Wealth Management Channel

August 8, 2026

X Platform, Video No. 00577

Buy Investable Money Immediately at the Market Price and Never Sell

Buy investable money immediately at the market price and never sell! Once you have bought, go to sleep.

Which word do you not understand?

Stop asking whether it is all right to buy this way or whether to buy in batches.

And do not say that you want to wait for a decline before buying. You are not God!

Waiting is the dumbest strategy!

Cancel and Surrender Every Insurance Policy Immediately, and Invest the Money Yourself

Cancel and surrender every insurance policy immediately, and invest the money yourself. Your assets will grow by four zeros over your lifetime. You take back 100,000 and it will become one billion over a lifetime! You can grow it into one billion or tens of billions yourself. Why let it rot at an insurance company?
Stop asking about policy loans! Do not borrow against an insurance policy. Doing so makes poverty even worse!
No insurance, no insurance, no insurance! Stay away from insurance and from friends who work as insurance brokers.
If you have insurance, immediately go to a nearby service counter and cancel it. There is no need to become entangled with your insurance broker!

You Do Not Need to Know Much About Investing; Do Not Ask the Following

Do not ask about individual stocks or other instruments I have not mentioned.
Do not ask when to buy or when to sell.
Do not ask when the market will fall or when it will rise.
Do not ask whether it will keep falling or how far it will fall.
Do not ask whether it will keep rising or how far it will rise.
Investing is not better because you understand more. If you have money, buy and never sell. That is the key point.

Latest Videos, Posts, and Website News

For the latest videos, posts, and news, visit X (Twitter): https://x.com/clec168
Watch the latest videos directly on clec168.com: https://clec168.com/video
The latest CLEC Investment and Wealth Management website collects information from multiple CLEC platforms: https://clec168.com
CLEC168 Investment and Wealth Management Bilibili channel: https://space.bilibili.com/473957263

Presentation Handouts and Teaching Materials

The files are divided into two folders, "Presentation Handouts" and "Teaching Materials." View and download access is open to students who have the link.
Short URL: http://u.pc.cd/Mx3italK
Same location: https://u.pcloud.link/publink/show?code=Mx3italK
"Presentation Handouts" short link: https://pse.is/9cal8k
"Presentation Handouts" long link: https://u.pcloud.link/publink/show?code=kZHbTr5ZoHoc9XwCqkXalpr17rjG2keBGvBX
"Teaching Materials" short link: https://pse.is/9cal8x
"Teaching Materials" long link: https://u.pcloud.link/publink/show?code=kZQbTr5ZE2GWjjajXERLzYfWVMTIPQccDmRy
No registration is required. Friends in mainland China can download normally as well.

Market Volatility Has Nothing to Do with Me

Market volatility has nothing to do with me!
International affairs have nothing to do with me!
Market analysis has nothing to do with me!
Financial statements have nothing to do with me!
Economic conditions have nothing to do with me!
Everything has nothing to do with me!
Ignore the market's noise and fluctuations. Peace of mind.

00577 Figure 14-1: Peace-of-mind illustration

Disclaimer

Since July 2023, we have begun the process of canceling the company registration and nonprofit organization status of "CLEC Education Institute" and have changed all names to "CLEC Investment and Wealth Management Channel," formerly "CLEC Investment and Wealth Management Education Institute." We will still use CLEC. Please remember that anyone other than James Chen himself is unrelated to us, and do not be deceived.

Our videos and related content are for educational purposes only and are not operated for profit. We do not have any discussion groups or communities. If anyone invites you to join one, beware of fraud.

For more than twenty years, we have devoted ourselves to volunteer teaching and have never profited from it. Do not trust any paid investment advice. Although advertisements may appear on YouTube videos, we cannot control them and do not profit from them.

All information we provide is based only on personal experience and is not advice from a professional Certified Financial Advisor/Planner. Investment decisions should be based on personal research and should not rely solely on video content.

Investing is high risk and may cause substantial losses. If you cannot tolerate a loss of more than 10% in the short term or a decline of more than 20% over several years, you are advised not to invest. Protect your cash flow and fully understand our investment philosophy before acting. Invest cautiously and take responsibility for every decision.

Investors Are Always Extremely Optimistic

Investors are always extremely optimistic!

Investors always face the sunshine!

The market will ultimately rise!

Investing requires patience!

Wealth is worth waiting for!

Follow, comment, tap the heart, and share.
Remember to give Apple Podcast five stars.
Subscribe to receive real-time market updates.

The Market Keeps Rising Forever

The market keeps rising forever and only rises, never falls.

Beware of Fraud

Beware of people impersonating us! We do not have a WhatsApp account, will not invite you into a group, do not provide individual-stock investments, and will not alert you to trade entry or exit points. Beware of fraud!

Every Asset Allocation Should Be Designed to Last a Lifetime

If you still have employment income, you naturally do not need to draw on investment assets. Once the investment period exceeds 15 years, the risk of permanent asset impairment falls substantially.
Even if you begin investing at age 65, you can reduce the risk of investing a lump sum at a market peak by continuously investing monthly income left over after pension needs instead of investing everything at once.
A lump sum invested at a market peak may take a long time to recover after a severe decline. Someone who invests monthly can buy relatively inexpensive assets during volatility and declines. Therefore, even when starting in one's sixties or seventies, continuously investing surplus monthly income and holding for more than five years substantially lowers the chance of a loss.
Someone already retired in their sixties or seventies who plans to invest a lump sum must use asset allocation. With an appropriate allocation and a reasonable withdrawal rate, retirement assets may still last a lifetime without excessive concern about a prolonged market decline.

Finding Mainland Chinese Exchange-Traded Nasdaq-100 Funds

Examples include 513100, 513300, 513110, 159632, 159501, 159513, 159660, 513390, and 513870. Jisilu allows direct comparisons of each fund's premium rate and trading volume, making it more practical than simply viewing prices.
Another option is Eastmoney's exchange-traded fund NAV data, which is more comprehensive. Jisilu is more convenient for filtering and comparing Nasdaq ETFs.
161130 and 160213 are exchange-traded LOFs, not ETFs. To compile all exchange-traded Nasdaq-100 funds, review ETFs and LOFs together but label the categories separately.

00577 Figure 22-1: Comparison of ETF and LOF trading mechanisms

Nasdaq-100 Fund Examples

ETFs: 513100 Cathay Nasdaq-100 ETF, 513300 ChinaAMC Nasdaq-100 ETF, 513110 Huatai-PineBridge Nasdaq-100 ETF, 159632 HuaAn Nasdaq-100 ETF, and 159501 Harvest Nasdaq-100 ETF.
LOFs: 161130 E Fund Nasdaq-100 LOF and 160213 Cathay Nasdaq-100 LOF.
Although 161130 and 160213 can both be traded like stocks in a brokerage account, they are LOFs rather than ETFs.
When buying a Nasdaq-100 fund for the long term through a brokerage account, the practical experience is very similar: enter the ticker and buy directly.

Credit Loan and Asset Allocation Example Near Retirement

Someone approaching retirement with stable income and good credit may evaluate applying for a personal credit loan before retirement, but must ensure that sufficient cash flow remains after retirement to repay it.
Assume monthly living expenses of 100,000: 100,000 × 12 months = 1.2 million in annual expenses; 1.2 million × 17 years = 20.4 million. Assets equal to 17 years of expenses, or 17 times annual expenses, are the minimum retirement threshold.

A 1.5 Million Credit Loan Before Retirement

Loan term: 7 years; annual interest rate: 4%; equal principal-and-interest payments: approximately 20,503 per month.
Total available funds after borrowing: 20.4 million + 1.5 million = 21.9 million.

Estimating Cash-Flow Needs Using 12 Years of Expenses

Monthly funding needs during the loan: 100,000 + 20,503 = 120,503.
Estimate cash-flow needs using 12 years of expenses: 120,503 × 12 months × 12 years = 17.352432 million.
Rounded to approximately 17.35 million, this amount could be invested in QQQI through a sub-brokerage arrangement as a retirement cash-flow asset.

QQQI, 00662, and 00865B Asset Allocation

Allocating 12 years of expenses to QQQI provides a safety margin against market declines, distribution volatility, and reduced distributions.
Remaining funds: 21.9 million - 17.35 million = 4.55 million.
70%: 4.55 million × 70% = 3.185 million, invested in 00662, a Nasdaq-100 index ETF.
30%: 4.55 million × 30% = 1.365 million, invested in 00865B, the Cathay U.S. Short-Term Treasury Bond ETF, as the low-volatility allocation.

Simple, Convenient, and Effective

"The reason I have great trouble is that I have a body. When I no longer have a body, what trouble could I have?"
The principle for everything, including investing, is the same: simple, convenient, and effective!
Overly complicated methods are usually not the best solutions!
Poverty and wealth are often separated by only a fine line. Keep investing in a Nasdaq-100 index fund for the long term and move step by step toward wealth!

The Market Rises Every Day; It Is Wonderful and Joyful

The market rises every day. It is wonderful and joyful.

The One-Billion-Dollar Investment Lecture

Published on X by the CLEC Investment and Wealth Management Channel as "The One-Billion-Dollar Investment Lecture."
00694, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 1, May 5, 2026: https://x.com/CLEC168/status/2071329516484796535/video/1?s=66
00695, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 2, May 6, 2026: https://x.com/CLEC168/status/2071585253316313318/video/1?s=66
00696, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 3, May 7, 2026: https://x.com/CLEC168/status/2071585566735700473/video/1?s=66

Number: 00577

Published: 2026-08-08

Pages: 31

Source filename: 00577【六、七十歲投資也不遲！從17倍年開銷、退休前信貸到QQQI資產配置】日期：2026年8月8日簡報資料.pdf

Original file: Open file

Previous presentation: 00576 [Waiting Is Not a Strategy; Buying and Holding for the Long Term Is the True Path to Investing!]

Existing videos now include AI-refined video content.
A new tool organizes QQQ's annual gains and losses: https://clec168.com/qqq-returns

How to View Bilibili Columns

Because many people are unfamiliar with Bilibili's column feature, they have been unable to view the teacher's posts normally. These instructions explain where to find them.
On a PC, open the home page. The first row is the column section, where the teacher's latest posts can be viewed directly.
On a phone, Bilibili fixes the first home-page tab. The second tab is the post column. You can also select submissions and find the column below. The text is preserved except for sensitive terms.

CLEC168 Investment and Wealth Management Bilibili Channel

The channel has been established and includes all videos, articles, and James Talks: https://space.bilibili.com/473957263

Over the Long Term, the Market Only Rises

Clubhouse, Easy Talk on Investing

CLEC (California Life Enrichment Club) Investment and Wealth Management Channel

August 8, 2026

X Platform, Video No. 00577

Buy Investable Money Immediately at the Market Price and Never Sell

Buy investable money immediately at the market price and never sell! Once you have bought, go to sleep.

Which word do you not understand?

Stop asking whether it is all right to buy this way or whether to buy in batches.

And do not say that you want to wait for a decline before buying. You are not God!

Waiting is the dumbest strategy!

Cancel and Surrender Every Insurance Policy Immediately, and Invest the Money Yourself

Cancel and surrender every insurance policy immediately, and invest the money yourself. Your assets will grow by four zeros over your lifetime. You take back 100,000 and it will become one billion over a lifetime! You can grow it into one billion or tens of billions yourself. Why let it rot at an insurance company?
Stop asking about policy loans! Do not borrow against an insurance policy. Doing so makes poverty even worse!
No insurance, no insurance, no insurance! Stay away from insurance and from friends who work as insurance brokers.
If you have insurance, immediately go to a nearby service counter and cancel it. There is no need to become entangled with your insurance broker!

You Do Not Need to Know Much About Investing; Do Not Ask the Following

Do not ask about individual stocks or other instruments I have not mentioned.
Do not ask when to buy or when to sell.
Do not ask when the market will fall or when it will rise.
Do not ask whether it will keep falling or how far it will fall.
Do not ask whether it will keep rising or how far it will rise.
Investing is not better because you understand more. If you have money, buy and never sell. That is the key point.

Latest Videos, Posts, and Website News

For the latest videos, posts, and news, visit X (Twitter): https://x.com/clec168
Watch the latest videos directly on clec168.com: https://clec168.com/video
The latest CLEC Investment and Wealth Management website collects information from multiple CLEC platforms: https://clec168.com
CLEC168 Investment and Wealth Management Bilibili channel: https://space.bilibili.com/473957263

Presentation Handouts and Teaching Materials

The files are divided into two folders, "Presentation Handouts" and "Teaching Materials." View and download access is open to students who have the link.
Short URL: http://u.pc.cd/Mx3italK
Same location: https://u.pcloud.link/publink/show?code=Mx3italK
"Presentation Handouts" short link: https://pse.is/9cal8k
"Presentation Handouts" long link: https://u.pcloud.link/publink/show?code=kZHbTr5ZoHoc9XwCqkXalpr17rjG2keBGvBX
"Teaching Materials" short link: https://pse.is/9cal8x
"Teaching Materials" long link: https://u.pcloud.link/publink/show?code=kZQbTr5ZE2GWjjajXERLzYfWVMTIPQccDmRy
No registration is required. Friends in mainland China can download normally as well.

Market Volatility Has Nothing to Do with Me

Market volatility has nothing to do with me!
International affairs have nothing to do with me!
Market analysis has nothing to do with me!
Financial statements have nothing to do with me!
Economic conditions have nothing to do with me!
Everything has nothing to do with me!
Ignore the market's noise and fluctuations. Peace of mind.

Disclaimer

Investors Are Always Extremely Optimistic

Investors are always extremely optimistic!

Investors always face the sunshine!

The market will ultimately rise!

Investing requires patience!

Wealth is worth waiting for!

Follow, comment, tap the heart, and share.
Remember to give Apple Podcast five stars.
Subscribe to receive real-time market updates.

The Market Keeps Rising Forever

The market keeps rising forever and only rises, never falls.

Beware of Fraud

Every Asset Allocation Should Be Designed to Last a Lifetime

If you still have employment income, you naturally do not need to draw on investment assets. Once the investment period exceeds 15 years, the risk of permanent asset impairment falls substantially.
Even if you begin investing at age 65, you can reduce the risk of investing a lump sum at a market peak by continuously investing monthly income left over after pension needs instead of investing everything at once.
A lump sum invested at a market peak may take a long time to recover after a severe decline. Someone who invests monthly can buy relatively inexpensive assets during volatility and declines. Therefore, even when starting in one's sixties or seventies, continuously investing surplus monthly income and holding for more than five years substantially lowers the chance of a loss.
Someone already retired in their sixties or seventies who plans to invest a lump sum must use asset allocation. With an appropriate allocation and a reasonable withdrawal rate, retirement assets may still last a lifetime without excessive concern about a prolonged market decline.

Finding Mainland Chinese Exchange-Traded Nasdaq-100 Funds

Examples include 513100, 513300, 513110, 159632, 159501, 159513, 159660, 513390, and 513870. Jisilu allows direct comparisons of each fund's premium rate and trading volume, making it more practical than simply viewing prices.
Another option is Eastmoney's exchange-traded fund NAV data, which is more comprehensive. Jisilu is more convenient for filtering and comparing Nasdaq ETFs.
161130 and 160213 are exchange-traded LOFs, not ETFs. To compile all exchange-traded Nasdaq-100 funds, review ETFs and LOFs together but label the categories separately.

Nasdaq-100 Fund Examples

ETFs: 513100 Cathay Nasdaq-100 ETF, 513300 ChinaAMC Nasdaq-100 ETF, 513110 Huatai-PineBridge Nasdaq-100 ETF, 159632 HuaAn Nasdaq-100 ETF, and 159501 Harvest Nasdaq-100 ETF.
LOFs: 161130 E Fund Nasdaq-100 LOF and 160213 Cathay Nasdaq-100 LOF.
Although 161130 and 160213 can both be traded like stocks in a brokerage account, they are LOFs rather than ETFs.
When buying a Nasdaq-100 fund for the long term through a brokerage account, the practical experience is very similar: enter the ticker and buy directly.

Credit Loan and Asset Allocation Example Near Retirement

Someone approaching retirement with stable income and good credit may evaluate applying for a personal credit loan before retirement, but must ensure that sufficient cash flow remains after retirement to repay it.
Assume monthly living expenses of 100,000: 100,000 × 12 months = 1.2 million in annual expenses; 1.2 million × 17 years = 20.4 million. Assets equal to 17 years of expenses, or 17 times annual expenses, are the minimum retirement threshold.

A 1.5 Million Credit Loan Before Retirement

Loan term: 7 years; annual interest rate: 4%; equal principal-and-interest payments: approximately 20,503 per month.
Total available funds after borrowing: 20.4 million + 1.5 million = 21.9 million.

Estimating Cash-Flow Needs Using 12 Years of Expenses

Monthly funding needs during the loan: 100,000 + 20,503 = 120,503.
Estimate cash-flow needs using 12 years of expenses: 120,503 × 12 months × 12 years = 17.352432 million.
Rounded to approximately 17.35 million, this amount could be invested in QQQI through a sub-brokerage arrangement as a retirement cash-flow asset.

QQQI, 00662, and 00865B Asset Allocation

Allocating 12 years of expenses to QQQI provides a safety margin against market declines, distribution volatility, and reduced distributions.
Remaining funds: 21.9 million - 17.35 million = 4.55 million.
70%: 4.55 million × 70% = 3.185 million, invested in 00662, a Nasdaq-100 index ETF.
30%: 4.55 million × 30% = 1.365 million, invested in 00865B, the Cathay U.S. Short-Term Treasury Bond ETF, as the low-volatility allocation.

Simple, Convenient, and Effective

"The reason I have great trouble is that I have a body. When I no longer have a body, what trouble could I have?"
The principle for everything, including investing, is the same: simple, convenient, and effective!
Overly complicated methods are usually not the best solutions!
Poverty and wealth are often separated by only a fine line. Keep investing in a Nasdaq-100 index fund for the long term and move step by step toward wealth!

The Market Rises Every Day; It Is Wonderful and Joyful

The market rises every day. It is wonderful and joyful.

The One-Billion-Dollar Investment Lecture

Published on X by the CLEC Investment and Wealth Management Channel as "The One-Billion-Dollar Investment Lecture."
00694, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 1, May 5, 2026: https://x.com/CLEC168/status/2071329516484796535/video/1?s=66
00695, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 2, May 6, 2026: https://x.com/CLEC168/status/2071585253316313318/video/1?s=66
00696, Lesson One of Investing in 2026, "The One-Billion-Dollar Investment Lecture," Chapter 3, May 7, 2026: https://x.com/CLEC168/status/2071585566735700473/video/1?s=66

00577 [It Is Not Too Late to Invest in Your Sixties or Seventies: From 17 Times Annual Expenses and Pre-Retirement Credit Loans to QQQI Asset Allocation]

Table of Contents

00577 [It Is Not Too Late to Invest in Your Sixties or Seventies: From 17 Times Annual Expenses and Pre-Retirement Credit Loans to QQQI Asset Allocation]

Table of Contents