1 Million SGD - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




1 Million SGD

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 02-08-2011, 09:40 AM
Junior Member
 
Join Date: Aug 2011
Posts: 5
jwow2828 is on a distinguished road
Default 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.

Reply With Quote
  #2 (permalink)  
Old 02-08-2011, 11:45 AM
Verified Member
 
Join Date: Aug 2010
Posts: 18
dellysunny is on a distinguished road
Default

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.

Reply With Quote
  #3 (permalink)  
Old 02-08-2011, 12:00 PM
Junior Member
 
Join Date: Aug 2011
Posts: 5
jwow2828 is on a distinguished road
Default

Quote:
Originally Posted by dellysunny View Post
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.

Reply With Quote
  #4 (permalink)  
Old 02-08-2011, 05:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by jwow2828 View Post
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.
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.
Reply With Quote
  #5 (permalink)  
Old 04-08-2011, 01:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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
Reply With Quote
  #6 (permalink)  
Old 04-08-2011, 01:54 PM
Junior Member
 
Join Date: Aug 2011
Posts: 5
jwow2828 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
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.
thanks for the advice!

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

  #7 (permalink)  
Old 04-08-2011, 06:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by jwow2828 View Post
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%?
Reply With Quote
  #8 (permalink)  
Old 04-08-2011, 07:04 PM
Unregistered
Guest
 
Posts: n/a
Default

here's the link:

Standard Chartered Bank
Reply With Quote
  #9 (permalink)  
Old 05-08-2011, 10:52 AM
Senior Member
 
Join Date: Jul 2011
Posts: 77
Liverpool is on a distinguished road
Default

Quote:
Originally Posted by jwow2828 View Post
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.
how can u just suddenly came to a sum of 1 mil? care to share?
Reply With Quote
  #10 (permalink)  
Old 05-08-2011, 11:27 AM
Unregistered
Guest
 
Posts: n/a
Default

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

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Million Dollar Civil Servant Censured in Parliament Salary.sg Investments and Net Worth 19 16-08-2009 04:00 PM
More in Million-Dollar Club Salary.sg Income and Jobs 5 11-03-2009 01:04 AM
Case Study 2 - How Engineer made Half Million Salary.sg Investments and Net Worth 4 10-02-2008 11:38 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
2,833 Replies, 1,706,005 Views
Compare civil service salary ( 1 2 3... Last Page)
10,583 Replies, 5,810,153 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,383 Replies, 953,232 Views
Lawyer Salary ( 1 2 3... Last Page)
8,989 Replies, 2,925,158 Views
What is typical RSU and sign on?
5 Replies, 382 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,012 Replies, 794,451 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,527 Replies, 1,075,050 Views
Engineering role in a GLC
0 Replies, 44 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,000 Replies, 3,807,542 Views
Roles in accenture singapore ( 1 2 3... Last Page)
404 Replies, 262,679 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
731 Replies, 363,277 Views
Advisable to volunteer to be...
2 Replies, 943 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
213 Replies, 100,417 Views
Big Four Promotion/Bonus/Incr... ( 1 2 3)
28 Replies, 5,609 Views
Passive income ideas? ( 1 2 3)
23 Replies, 16,647 Views
Anyone applied to MTI before as... ( 1 2 3)
23 Replies, 1,797 Views
Dsta ( 1 2 3... Last Page)
825 Replies, 560,470 Views
Ntu sociology degree ( 1 2 3... Last Page)
59 Replies, 48,369 Views
How much to ask for starting pay... ( 1 2 3... Last Page)
87 Replies, 7,728 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
219 Replies, 130,056 Views
How to properly manage the income?
4 Replies, 309 Views
ST Electronics ( 1 2 3... Last Page)
782 Replies, 237,081 Views
How much does a nurse earn ? ( 1 2)
11 Replies, 20,672 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
122 Replies, 29,325 Views
MFA- Foreign Service... ( 1 2)
19 Replies, 2,706 Views
DBS Strategic Advisory
0 Replies, 127 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
641 Replies, 467,402 Views
How to know you are not fit for...
6 Replies, 804 Views
Software developers salary outlier ( 1 2)
11 Replies, 2,086 Views
anyone working at NCS ? ( 1 2 3... Last Page)
415 Replies, 306,726 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:32 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2