10 THOUSAND DOLLARS!!!
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I would say INCOME shares is a good investment. At an average ROI of 5.3% per annum (based on previous 5 yrs dividends payout), and with no admin or sales charges, its a good bet. That's close to 500 bucks per yr (for a 10k application), more than enough to change your handphone every year!!
Now who says there's no high returns and low risk investment...and it comes @ no cost?
Do note of iots criteria though:
Criteria
All Policyholders of NTUC Income are entitled to apply for shares if at the date of application the policyholder:
is a S'pore citizen or a resident of S'pore
is 18 years of age
has fully paid the first year's premium
Check it out @ http://incnet.income.com.sg/uishare/main.aspx -
Once again, I've proven my gambling formula is paying off dividends and I'm looking at the end product. 1k investment, 2k returns in one season. Take the 1k to spend, 1k return to bank, 1k as credits. Now with the credits, I can roll in 1k returns, 1k additional credits.
Thus 2 to the power of zero x 2 to the number of seasons (years) = how much credits and returns i'm getting.
The only problem is that I don't have enough to support a bigger formula.
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This thread is in the Sunday Times.
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use $1000 buy some ingredient and spices, pracise frying some kway teow for 2-3 months and try to come out with some unique good tasting kway teow tat look like it is fried kway teow. Use the rest of the money to start hawking. Name your store Old Houguang/Redhill Fried Tway Teow, even though houguang or redhill has no famous fried kway teow store. Try to ask some TV crew or news crew to eat there so they u get famous instantly. If u really get little customer, pay some people to queue up in front of your store to act as though u got a lot of customers. Make sure your store is self service and when u cook, cook real painfully slow so tat the customers r waiting and a queue can form.
If u do it well, u might become a millionaire and owned several stores when u reach age 50. -
U give me the ten grand then i show uOriginally posted by Thailand_Hero:As a singaporean. If you had 10 thousand dollars. how can you best utilise it to reap maximum returns?
Pls everyone put your ideas here and lets see which is the best!! -
This is the best answer so far ! A1Originally posted by Goondu74:U give me the ten grand then i show u 
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damn if you formula is so shiok...i think you better teach me too...and let me call you teacherOriginally posted by Nelstar:Once again, I've proven my gambling formula is paying off dividends and I'm looking at the end product. 1k investment, 2k returns in one season. Take the 1k to spend, 1k return to bank, 1k as credits. Now with the credits, I can roll in 1k returns, 1k additional credits.
Thus 2 to the power of zero x 2 to the number of seasons (years) = how much credits and returns i'm getting.
The only problem is that I don't have enough to support a bigger formula. -
So easy, become Ah Long lor, 10k x 20% interest 1 month, where to find such good interest rate. But after loaning the 10k pls find some cash to buy pig head hor?
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All the money bet on Arsenal win, let say the odd for arsenal to win is $1.40 (against those struggling team n home ground advantage). Ten thousand bet will get back $14000. Tats mean $4000 within 90 min!!!Originally posted by Thailand_Hero:As a singaporean. If you had 10 thousand dollars. how can you best utilise it to reap maximum returns?
Pls everyone put your ideas here and lets see which is the best!!