How to multiply my S$89K ?
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Hi,
I am looking to invest/start a small business with about S$90K.
All serious suggestions will be taken seriously.
(4D, Toto, Punting (Incl Stocks), FD .... not interested)
Thank you.
~ I want my money to grow ! ~ -
put in uob life assurance can get 5% return, but it is long term, cannot touch the money
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bet s-league
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Yeah, bet S$89K the last goal will be scored in injury time. Right?Originally posted by Rock^Star:bet s-league -
you have 89k? so rich!!!!
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man u played draw this morning
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Wah.......so rich!!! All cash ah????
How about third-party money-lender aka loan shark?
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Thanks, how u know the $ is in my backyard and my maid is digging another hole?Originally posted by tt3: -
i think dragg boi got more than that!!!Originally posted by dragg:you have 89k? so rich!!!! -
Doing business with $89k, if that's all u have, is risky. Perhaps u can try investing in stocks and shares BUT u must know what u r doing. If u have no idea what that is, u can always take half of it to start a small shop or something like that.
It's hard to advise something like that over the internet. U got to know wat u want and what u think is gd. -
Bo lah,Originally posted by littlestream:Wah.......so rich!!! All cash ah????
How about third-party money-lender aka loan shark?
Rich = Retire + Funds + Fun.
Rich - Funds - Fun = Retire.
Got it?
I am far far from it. -
Can i retire first, then start work at 40?
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I've already said "Multiply my $", no stocks. If I got good idea, I don't have to ask.Originally posted by Rock^Star:Doing business with $89k, if that's all u have, is risky. Perhaps u can try investing in stocks and shares BUT u must know what u r doing. If u have no idea what that is, u can always take half of it to start a small shop or something like that.
It's hard to advise something like that over the internet. U got to know wat u want and what u think is gd.
If you have a good plan, I can take calculated risk and be a sleeping partner. I don't have to be an ego shouting boss etc.
But only legal business, please.
Thanks! -
Well sorry, not that i have any gd ideas. U seem to have an adverse feeling about stocks. It's not as risky as u think. A lot of things are calculated risks. But if u don;t feel gd about it, then it's alright.
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u noe there's a chinese saying "hao xin you hao bao"
so donate all to charity den maybe in return u heng heng tio toto 4d 1st price -
So, all you can offer/suggest is still stocks?Originally posted by Rock^Star:Well sorry, not that i have any gd ideas. U seem to have an adverse feeling about stocks. It's not as risky as u think. A lot of things are calculated risks. But if u don;t feel gd about it, then it's alright.
How do you know I have adverse feeling about stocks? I said no stocks, because I am already on it (and pretty good!). That's how I get to accumulate the $ due to the recent bull run.
I want something different to generate $, that's all. And wait for the sharp correction etc, then Super Duper Whack with my multiplied $ to move to the next level. I can wait 2 years, 3 years I don't care. -
Alright, gd for u.Originally posted by rojak12:So, all you can offer/suggest is still stocks?
How do you know I have adverse feeling about stocks? I said no stocks, because I am already on it (and pretty good!). That's how I get to accumulate the $ due to the recent bull run.
I want something different to generate $, that's all. And wait for the sharp correction etc, then Super Duper Whack with my multiplied $ to move to the next level. I can wait 2 years, 3 years I don't care.
Put it this way, I can suggest that u go into the foot massage business, internet, fashion business etc but would u? It takes some research and also whether u feel gd abt the idea a not. -
My parents bought a few Rolexes/Philip Patek/Cartier watches about five years ago....I just heard that someone is offering my father for his watches. My father told me that the person is offering him 40% more than his original bought price!
I guess luxury mechanical watch is a good investment for your $90k. -
Thanks! I will consider this as one of the suggestions.Originally posted by libbytan:My parents bought a few Rolexes/Philip Patek/Cartier watches about five years ago....I just heard that someone is offering my father for his watches. My father told me that the person is offering him 40% more than his original bought price!
I guess luxury mechanical watch is a good investment for your $90k. -
Simple... buy real estate lor.... but the return not high if you're looking for fast sell... I guess the more logical would be unit trust.. they are lower risk and quite high return as compared sometime even to shares... if you're risk taker and know what you're doing go for the shares... Finally you would like to invest... and you don't like the ideal of sit at home and wait for money to grow... go for buisnesses... build your own business. But its your success rate very low... I think with your amount unit trust and the amount you earn every year is enough to feed your for a life time... if you're a smart invester... I'm serious... image returns of 20-30% could yield 1++k to 3k a month... just stay home and kel ka can liao...
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I already said that I HAD invested in stocks. I yield-ed 300% to reach S$90K now.Originally posted by banzie:Simple... buy real estate lor.... but the return not high if you're looking for fast sell... I guess the more logical would be unit trust.. they are lower risk and quite high return as compared sometime even to shares... if you're risk taker and know what you're doing go for the shares... Finally you would like to invest... and you don't like the ideal of sit at home and wait for money to grow... go for buisnesses... build your own business. But its your success rate very low... I think with your amount unit trust and the amount you earn every year is enough to feed your for a life time... if you're a smart invester... I'm serious... image returns of 20-30% could yield 1++k to 3k a month... just stay home and kel ka can liao... -
If i were u,i would do some market studies before pluging that $Originally posted by rojak12:Hi,
I am looking to invest/start a small business with about S$90K.
All serious suggestions will be taken seriously.
(4D, Toto, Punting (Incl Stocks), FD .... not interested)
Thank you.
~ I want my money to grow ! ~
well,i think for u,u might want to invest in shares and stocks in developing countries like cambodia or vietnam.
perhaps invest in their utilities board which have been privatised.
espeically vietnam,the country might be poor but there is annual economic growth and the market is not saturated yet,and what i meant by that is as the coutry develops,there will be more affluence and higher energy consumption by their huge population and industrial usages.
in the long run of 10 years,there shld been huge gains! -
dont make me laugh.Originally posted by TehJarVu:i think dragg boi got more than that!!! -
I guess some correction on the stock market maybe approaching... coz I heard many talk abt stocks these few months.. when too many at the same direction, It may not be the same anymore...
The best way to grow $$ to me is building your own business... if u do it well, u can hv your $$ back within 3mths, and the rest are juz bonus... To mention other benefits like passive income, improving pple's standard of living, providing jobs opportunities for pple etc. and many more~ haha
I'm oso looking for other business opportunities...
BTW... I so bad in stocks that i lose 50% of my original capital on penny shares! BUt I'll be back... same... waiting for correction
Damn~!