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I haven't bought before SGS bond (which is guarantee principle at maturity by SG gov) and i wouldn't suggest it over SSB which has guarantee in principle at all times. Gain calculation if its premium about $1 after listing
Hey Josh! I’ve learnt so much from these contents! Anyway I am planning to do some investment for my kids, so curious what advice would you give and whether is it wise to give them a head start. Perhaps, a video on this?
Thank you for the high praise @chengearnsiow6014 Good suggestion! Any one keen on topic how to invest for kids to give them a head start do upvote here. I've a question, what have you tried or any ideas you are leaning towards so far w regards to investing for kids?
I’ve bought CSPX (DCA) for my elder one in a separate account via IBKR. Now that I’ve have my second one, just not sure if i should be doing the same or find some other alternatives.
Buy a free hold landed home? Then do not worry about the lease problem. Actually as think of it, the most expensive is house/car. Once these 2 are settled, all your income now is for daily expenses,which can be quite reasonable. For example, just do a relax job for 5k per month, and that is all you can enjoy, can be a good life.
Actually... not sure why you say 300k for "rainny days" is enough for medical tho... I remember a bill can come to about 120k even after insurance (especially when as we age) , so I think its still good to have a portion, like 1/3 of the 1.5m to the emergency $. The rest of the 1m will be to do investing for dividends Well that is my plan that is... :)
IN almost all circumstances, co-payment w medical insurance is capped per year $3,000 w rider. Of course w panel rules depending on what kind of rider. $120k bill must have had gaps or treatment that is not conventional imo. Hope it clarifies
Never pay up mortgage, it so easy to earn the spread with safe investments. Don’t know what to do with the money? let the money sleep in the FD for awhile.
Hi Josh. Any advice- i just purchased a private property but due to health conditions i don't qualify for mortgage or term life (either heavy loading or rejected)
How about donating a portion of the inheritance to charities? There are many who are much less fortunate. It's also good to spend a portion on education to upgrade ourselves - grow our skills, grow our intelligence, grow our characters - besides growing wealth.
Balaji said 90 days ago he bet that Bitcoin will surely turn into a million which is today even after BlackRock is in. If I have 1.5million I’ll put all in my cpf 😂
If u put all in CPF n if u need money,can you withdraw or u hv to wait till u retire? He didn’t need the money n if he wants to sleep peacefully at night ,go the safest route n put into laddered GIC, divide the $1.5 M equally n invest in a 5 year term. Day on investment, purchase $300K for 1 year, $300K for 2 year, $300K for 3 year, $300K for 4 year n $300K for 5 year. Roll year 1 maturity into another 5 year, so on n on…. It’s boring but it’s safe , other option is to buy blue chip stocks(banks ,reit,telecom , etc etc) n reinvest the dividends.
