Quote:
Originally Posted by Unregistered
Couple age 48 & 53 (non grads), 3 kids age 15, 18, 22.
Both Small biz owners
average combined annual income $180k
Combined savings $1M (need $300K for kids local U expenses)
SG/US Stocks/unit trusts $450K
CPF $120K
Condo $1.1M fully paid upp
5-yr old MPV car value $90K, loan $40k, intend to pay up
soon
Our stocks are not giving us good dividends.
Intend to invest more on local blue chips and/or a 2nd
property - is it a good time? Or should we hold and
wait....?
Thank you for all experts' advice.
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if youa re looking for income, can consider telco or reits. i am invested in reits mainly ($250K)
as for 2nd property, can wait a while more but the objective should be capital gain not income.
what kind of small business if you don't mind sharing? i'm 38 and married with 3 kids, wouldn't mind working towards setting up a small business like yourself