if i have a S$1m in cash
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at least he doesnt have to worry about $$$.
so S$1m might not be a lot ot many, but it is still a hell lot of $$$ to plenty. -
Ya, you gain some, you lose some, I guess.
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keep first, then when the property market crashes, put down payment on some properties.
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concern2:
Ya, you gain some, you lose some, I guess.
absolutely agree. A friend's condo was enbloc and she got about 2m. However, her dh passed away the same time, so the money came in handy for her family future. -
i million could not do much things , seriously.
you cant buy lives back … T_T -
I would still continue my job with the same passion, but may seek to work part-time to pursue other interests.
For the money, 100% will be invested:
10% in commoditities,
50% in stocks and shares
40% as downpayment for private property.
50% of the returns from the investments will be used to improve my family's quality of living, and the other 50% will be reinvested.
The above are just ball-park figures. However, the idea is there.
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I would buy a small property in a good location somewhere for rental. Wait for economic downturn to buy… Or if I have the knowledge and knowhows, invest in other stuff like gold or paintings…too bad I dont know how… heard they have good investment yield too
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Properly see which sector is best to invest first. Invest most of it there, and keep the rest in cash for next sector crash. Yes, the idea is similar to River, but take the time to invest only upon sector crash…
Our style is to invest for passive income, but if too much money then think about store of wealth that historically give some protection against inflation.
Am far from cash-rich
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i will go travel around the world! with global warming and all sorts of 2012 crap on our heels, who knows what will last and what wouldnt! hahas.
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