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.

thanks for the advice, dellysunny.

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.

Besides property (which is sky high now), consider buying some high dividend stocks like Starhub, which easily gives >5% dividend year after year. Leave some cash in 1% interest savings account, so you can exploit investment opportunities when the crash comes.

can consider buying overseas properties or singapore commercial property

thanks for the advice!

my banker is only giving me around 0.8%. may i know which bank is offering 1% for savings account?

stanchart e$aver linked to a CDA account earns 1%. you must have a Child Development Account (CDA) with the bank.

which bank gives 0.8%?

here's the link:

Standard Chartered Bank

how can u just suddenly came to a sum of 1 mil? care to share?

likely toto or inheritance. possibly property speculation (eg buy last year sell this year).

i suggest you save up money and invest in blue chip stocks once the bloodshed is over in the next couple of months.

Saving in safe haven currency (and SGD is one) is ok except for the possibility of competitive devaluation. The Swiss just joined the bandwagon. You can consider Gold/Silver or other commodities.

Stanchart CDA now gives only 0.5%. I'm thinking of shifting my money out.

Which banks currently gives the highest deposit rate?

Also in a similar situation. Parents transferred a terrace house to me. If I am planning to get married, how do I structure to keep the house seperate from my marital assets? (such that in situation of divorce, won't get clawed by wife?)

I love my fiance but since life is so unpredictable, you will never know right?

My parents told me that unless there is a way of seperate my wealth, they will keep the assets in their name.

I am reallly hoping to get the house transferred to my name so I can sell it. My aim is to split the house up into 2-3 condos and live off the rent (so that I don't need to work anymore)

Advice appreciated. Don't want to go to a law firm at this stage because fiance may get very upset.

I am just checking my options .. and don't want to "da chao jing she" at this stage..

Depends on what kind of returns u want and how much risk u can take and time frame.

1) Min risk - Put in SG govt bonds 10 year. I think yield 2+%.

2) MIn risk but may need money - Short term SG bonds expiring in next 1-3 years. Yield will be about 1+%. Please choose investment grade - A rating.

3) Med risk, min 5 years horizon - Investment grade bonds with leverage or property like previous posters suggested. Can prob get 3-4%. For Bonds, leverage it at 50%.

Get a private bank. Tell them you got more where it came from and want to start with 1M SGD first. Reason is for low bond commissions.

4) HIgh risk, min 5year horizon. Hold in cash, wait for a major correction and load up on blue chips to $700-800K. Keep 200K in ccase you are wrong and market crash some more. Buy again.

Good luck! My 2 cents and it is what i would do. Please do you rown research!

Thanks Greypiggi for all the suggestions!

I've decided to go with something similar to option 4 at the moment. Probably hold cash and buy on dips esp blue chips, reits and STI ETF.

I posted the above question. The answer can be found here:
https://forums.salary.sg/investments-...ave-money.html

CIMB StarSaver gives 0.8% but you have to put in additional $500 (or more) every month.

Hello Sir/Madam
 

Let me introduce myself first: -

Mr. Prem Prathap
Associated with LCI Investments Ltd and working as Senior Investment Manager
Our Parent Company is Land Corp International Ltd (Head Office at Spain)

Singapore Office
#19-99
8 EU Tong Sen Street
The Central Office 1
Singapore - 059818

We have very attractive international real estate investment opportunities with high ROI.

You can do your investments part by part or in full scale or any ways you want, depending on your comfort level and it would be absolutely delightful to have a detail meeting with you, explaining and taking you through all these opportunities.

You can visit our website and also if you can give me your E-Mail address and the contact number, I would be able to pass on more information on this and even schedule a meeting with you for more passing more information.

Or you can contact me @ +65-85153091

Thanking You
Warm Regards

Premdeep Prathap

Go and read up about creating a trust.
Finally, if all else fails, sign a pre-nuptial if you really that worried.
Explain to wife this house belongs to family and must be so regardless of change in status. Some royal/nobel folks in other countries have done similiar structures.

If u are worried about your fiance at this stage, and if your fiance would get angry with u for geting a pre-nuptial, are u sure that your fiance is not in it for the $?

What a joke, one little terrace house from the parent need to do so much drama like set up trust, pre-nup agreement?

I suggest you get a good mentor and learn how to invest properly before putting your cash down anywhere at all. E.g. My fellow forex trading students earned from -2.4% to 250% for 2011 but that does not mean forex trading is for everyone, it helped that we have a good mentor.

Actually, the riskless way to make money from forex trading is to mentor others.

In a class of students, there will always be a handful who will make good money in the first few months. You have to get their testimonials, take pictures, and advertise aggressively to get more students. Rinse and repeat.

I want to start forex training.

That guy Clemen Chiang made millions from running options trading training, and it seems idiots are born every minute. Now the trend is forex trading, so there's opportunity here, but learning from Clemen Chiang's case, it's better not to over-promise the results.

What I'll probbaly do is to study how the "top" forex trainers do their business and copy what they do. It's good money! And quite easy too. But the initial outlay can be high. You need to rent a posh office and training room, and advertise aggressively in the papers.

Does anyone want to invest?

I am target to reach 1 million in 3 years time trading forex.

My Forex Journey to One Million Dollar

The plan is to earn 30% profit every month, and compounding for 36 months.

Lets Go!!

Joker. You're just like those uncles who think they have special "money management" skills to make consistent profits playing big-small in casinos.

If it's so easy, Lehman won't go bankrupt. They still failed despite having the smartest brains and the best systems.

The best way to make money in forex is to teach a bunch of idiots your "secrets of trading".

You are looser,

I didn't said it will be easy, you are one of those who gave up


My Forex Journey to One Million Dollar