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登入Is 200k a lot in Singapore
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Originally posted by motoway:
if working class double income family confirm earn 1mil b4.btw bond in SG dun haf 5% la.
got la...
250k one i know got. It is more of capital preservation, guaranteed returns of at least 5.28% (not compounded, and you get a little interest payout every 6 months). And if bond price increase, you earn more. I know someone who bought it, so I can confirm.
100k got one more, supposed to return 125k at one go at the end of 5 years, but I haven't confirm exactly what it is and how it works... After exams then I go look at it.
There are very 'safe' stocks that pays 5% to 6% dividends yearly too ;) All these I will be looking into more details right after exams too...
Edited by eagle 02 May `08, 12:47AM
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Originally posted by eagle:
many ppl in singapore earned more than 1 million in their lifetime
but they spend almost all
yes. totally agreed. It's not really the earning, it's more of "keeping your wealth".ATMs, all around, easy to draw and spend money. How many people actually deposit back the cash into their account if they accidentally draw out more?
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Originally posted by airgrinder:
yes. totally agreed. It's not really the earning, it's more of "keeping your wealth".ATMs, all around, easy to draw and spend money. How many people actually deposit back the cash into their account if they accidentally draw out more?
Then the next step after learning how to spend less than income is how to better make use of this saved money, and make it work for you. This I trying to learn at the moment...
There are quite a number of forumers in this forum who can do it very well, so can attempt to learn their strategies. In addition, I'm trying to read Money Mind forum (hwz) and Market Talk (cna forum) to see what pple think and say... There's a great deal of knowledge to be picked up in this area... Might need 1 or 2 years...
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