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What to do with 500K?
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des_khor
Supreme |
22-Jul-2009 00:48
Yells: "Tell me who is the God or MFT from this forum??" |
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Buy in penny and quickily sell all once appreciate in price. | ||||
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AK_Francis
Supreme |
22-Jul-2009 00:36
Yells: "Happy go lucky, cheers." |
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yah, life is short. better get yourself relax and enjoy for your remaining life span, since had struggled for yrs, for ALL. ha ha, asking AK whether u r happy on your current retirement's life. Hmm, sweet n sour loh, mostly got wat I wished n dreamed to hv, colourfull one, though kena burnt in stock market, boh bian one. Lose less, considered win loh. Admires those got young shoot n moving forward happily, in abroad. But remember to salute Spore flag when 9 Aug comes, at any situation, taboo. |
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Juzztrade
Veteran |
21-Jul-2009 23:54
Yells: "Techincal and long term investor" |
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Ya hor, my colleague had asked for golden hand-shake last year, now happily settled in Zhuhai and refused to come back. Now living in a Condo, married a young girl and also employ a maid. |
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smartrader
Elite |
21-Jul-2009 23:26
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Life only starts at 50 for a person with riches. Find a soulmate and not sex-mate. | ||||
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petertan4949
Senior |
21-Jul-2009 22:48
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i ever think of it, but i think, i am already over the hill at 50, i dont want to spoilt other future just to solve my lonliness. to solve this i volunteer in temple activities . i do regret not giving enough time to courtship, except on my business. My business keep me busy 7 days a week, till late into the evening. Just you see,my business is related to 80 community centre and club out of 108 community club we have in Singapore. Just this alone is hell. and i have yet to count condo, private estate. etc. i dont have time till now. i have sold 70% of my business to my 2 partner, right now, i just do some surveying, that all.very free. life is too late ,for me.
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iPunter
Supreme |
21-Jul-2009 22:30
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Get a pure, unspoilt and deserving Viet girl who has no idea of gold-digging... And live a simple life of happiness... |
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dealer0168
Elite |
21-Jul-2009 22:14
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Oic, understood. But enjoy yr life while u invest also. We must make our life to this world a worthwhile one...............Cheers.
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petertan4949
Senior |
21-Jul-2009 22:09
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you are absolutely right, but if i got more money, charity benefit, as i will all to them. i am an orphan. i dont like my relative either. that money got to be in some place, right?
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dealer0168
Elite |
21-Jul-2009 21:55
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Actually should go enjoy with your money u have. Earn too much money, in the end we can't bring it down........ (u understand what i say). Live happy while we can, enjoy while we can. Still can divest some for investment if u want also lah. Don't everytime thk of making lots lots money. Cheer pals. |
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ShareJunky
Member |
21-Jul-2009 21:52
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If you are already financially sound, go for the holiday(s) you had always wanted to ... life is for living... Otherwise, check out a dozen financial planners ... anlyse your current positions, needs, wants etc... see who recommends the plans with your best interest. . watch out for those who are just trying to squeeze max commissions from you..
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smartrader
Elite |
21-Jul-2009 21:34
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Is the 500K in addition to your existing investment portfolio ? And you have sufficient cash to last till 62 yrs old. If yes, then safeguard it and enjoy doing what you are doing now. How to safeguard ? (1) Voluntary top-up cash into CPF account - max all your ord, special and medisave. Higher interest in fixed deposits. (2) Put some in TLC that are proxy to Singapore's future and give good dividends- eg.SPH, SIA, Singtel, Kep Corp, Capitalands, DBS - 10 lots for each counter and you are almost done with 500K
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wongmx6
Veteran |
21-Jul-2009 21:24
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Buy a condo then rent out my HDB Flat. | ||||
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TradeChancellor
Veteran |
21-Jul-2009 20:14
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i think can buy/convert some cash into gold, safest "currency" during uncertain times (though i'm not vested in gold at this moment). any comments? | ||||
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Andrew
Master |
21-Jul-2009 20:09
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Don't worry, the moment you deposit it into your bank account, RM will call you laa.... | ||||
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lucky168
Veteran |
21-Jul-2009 19:48
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you are really one lucky guy to retire & have $500k at this phase of the century! make good use! |
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AndyFu
Member |
21-Jul-2009 19:39
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500k in today term is really not much. And a preson who is greed is good, there will be competition among each other. Wat to invest is really your call cause it really your hard earn money. The question is can you affort to lose this 500k? If Yes, now is the time to buy and dont time the market so far I have not corss a person can correctly time the market. Good Luck.
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TradeChancellor
Veteran |
21-Jul-2009 19:18
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i diversify a bit, but not 500k, 10% of that.... 1) water/env - hyflux 2) medical/pharma - raffles medical and sihuan 3) finance - DBS (i prefer UOB but price was a bit high when i wanted to buy) 4) got some reits too just my opinion, since u have a bit more $, maybe can buy some aussie $ (i didnt buy yet cause no $ nw), reason is i think it will rise in value as it follows closely to gold? my mum saved some aussie $ as there is 2% savings interest, better than singapore banks 0.25% |
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petertan4949
Senior |
21-Jul-2009 18:48
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hi , thanks alot but is number 2 workable? If informatic join lehman brosther, then i join who? old folk home? maybe i put 50k here, i like your number one, but not all on suntec, no doubt suntec is ok, but diversify is still expert advise. i thank you for your post.
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dealer0168
Elite |
21-Jul-2009 18:44
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Go for landbanking also can......... | ||||
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petertan4949
Senior |
21-Jul-2009 18:42
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no i am not a teacher, i am a partner in a business, the money is from insurance. i choose to retire at 47,3 yrs ago, as i start work when i was 13. really, dont say i am young, if we do a Michael Jackson, then that is. never too young to dies. life is short. i was thinking everyday looking at stock,it is sickening, maybe one more run , i will sell everything to the market and do something different, maybe do some charity work, or religious study. i dont mind to tell you true that i am very greedy actually, i am single and i have will all to charity,
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