'O' level couple
Husband, 54, semi-retired due to health reasons.
Wife, 49, small biz owner, income around 60-80k pa
Condo 1.1m fully pd up
car loan 25k (decided not to pay up as there is no incentive)
Cash savings 700k in FD
Alt investments 400k
Stocks 200k
CPF OA/SA 100k, medisave, 80k
3 children in Sec & uni.
Our income has depreciated sharply from $250kpa to current $80k pa, due to poor market sentiments and hb poor health.
Is it a good time to pick up blue chips? Any recommendations pl.
Any gd advice to increase our passive income?
Thanks.