Singapore Saving Bonds (SSB)
Asked by Anonymous
Asked on 25 May 2018
Certainty vs Uncertainty
Instead of hoping to strike it rich with your $100k, you can focus on allowing your $100k to work for you and gives you an income.
Just using $10k for an example,
If your mobile bill is $50 per month and that is $600 per year.
A 6% dividend yield vehicle with $10k, will generate $600 which covers ur mobile bill expense.
You still got $90k left to work for you.
At the same time, you get to save more and enjoy life a little bit better too.
Hope my reply helps.
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Firstly, you are in very good shape financially and I would like to applaud you on this!
If you are uncomfortable to reveal more on a public platform and wish to discuss further privately, feel free to drop me an email at [email protected]
That's a very good investment portfolio and savings set aside. You can consider pumping more into Singapore Savings Bonds and venture in P2P lending as well as it offers pretty attractive returns (higher risk too)
Keep pumping in what you're in now except for crypto. For crypto either you wait got it to sky rocket again or if fear it'll drop further, best to minimise lost when selling it. Also keep a emergency savings to rely on when needed. Have a warchest ready to pumped in more when the stock is low.