Singapore Saving Bonds (SSB)
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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I believe you are still in your early 20s. i would recomend you to invest more in equities as they can provide a higher return over a long period. i would not recommend crypto as there are just too many unknown factors affecting the price and we are still not so sure how it works.
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.
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