1 Million SGD
I've recently come into a sum of 1 mil SGD.
Seeking help from any gurus here on ideas on how to invest it. I'm aiming for capital protection and recurrent income. Thanks for any advice in advance. |
buy 1 studio condo with full cash, and the other 2rm/3rm condos with 20% downpayments, rent them out and you should be more or less secured with your investment.
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definitely still considering property purchase, but due to the 40%LTV that means a higher quantum for investment (as i have other property loans) and the 4 yr SSD is very put-offing. plus Singapore residential property looks very expensive now. |
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can consider buying overseas properties or singapore commercial property |
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my banker is only giving me around 0.8%. may i know which bank is offering 1% for savings account? |
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which bank gives 0.8%? |
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likely toto or inheritance. possibly property speculation (eg buy last year sell this year).
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