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Old 03-08-2014, 11:09 PM
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Good for you. Can share what you invested in?

We are still holding a chunk of our savings in simple FDs earning meager interests. We are not too comfortable to put add more into our stock holdings which gave us the $40k pa dividend. And our CPF money is also not utilized properly just earning $20k interest at 2.5%.

We are thinking of going into bonds. Any suggestions?

Quote:
Originally Posted by Unregistered View Post
Thanks for sharing. My wife and I both have this ambition not to work our whole lives till 65. When we got married we set our target to be financially independent by the time we hit 50 so that we could retire early. We tried our best and managed to grow our wealth and also our passive income. Today at 54, we have achieved our goal (off by 4 years though). We paid off our penthouse mortgage and cleared our loans. Our portfolio now generates an annual passive income of $145k pa. Our expenses nowadays have stabilised at $90k pa. We will be retiring next year.

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