Hi guys, wanna seek all your views on what isnthe best waynto grow your money for the benefit of younger forummers here....
Let say someone managed to save 100k and wants to grow it to 2m in 10-20 years what advice will you give?
Hi guys, wanna seek all your views on what isnthe best waynto grow your money for the benefit of younger forummers here....
Let say someone managed to save 100k and wants to grow it to 2m in 10-20 years what advice will you give?
pay $100 and you will find out soon.
Ask to mr. B lolOriginally Posted by CCR
Mr B said don't buy now, so how to grow?Originally Posted by heroes
To be realistic, think this target is a tad too difficult.Originally Posted by CCR
Imo, A more sustainable return is 3-5% long term (10-20yrs)
with relatively low risk.
don't shoot me ok
Use your 100k to buy China property since like Basic said, already down 30-50%
Ride at your own risk !!!
Mr B say bullish on stock market in the short term, but must pm him personally ..., cos he scared kena slam by forumers...
can also try 4D, Toto.... if you have that correct 8-Digit for your birth date or superb fengshui at home...
may be can also try MBS & RWS if you are good at con-ing people....
if everyone else is losing and you didn't, nett result is you grow lor.Originally Posted by buttercarp
Put in cpf until u die lor
Oh missed the part about 10-20 yrs. if cpf need 77yrs @4%pa
1.2 to the power of 15 = 15.41
which means you need 20% yearly gain consistently for 15yrs to get 2m
if invested in property
S$100K can only be enough for a 500K MM.... so you have to hope for your MM shooting 5x to 2.5mil in 15yr time to make 2mil, excluding rental income. (trade/flipping properties should give you higher chance)...
A much safer way to achieve 2mil...=> buy warren buffett's berkshire... S$100K can still get 1 share now...
convert to rupiah then u have 2 BILLION....
Truth: 100k capital too low
Ride at your own risk !!!
20x returns within 20 years. For that kind of growth, you'll have to look into emerging markets.
Agreed. And the expected rate of return too high to be achieved without considerable risk. Anyone trying to sell you a get-rich-quick investment with that rate of return should be viewed with great scepticism.Originally Posted by phantom_opera
Perhaps you can instead invest in furthering your studies to get a better paid job that would generate more capital for you.
100k to 800k still possile, buy some instrument with 10% yield and compound for 20yrs : )
Even that would be considered a "good" investment return already!Originally Posted by Allthepies
hi, can give some examples.Originally Posted by Allthepies
Don't worry, no obligations.
won't hold u responsible.
As of today, OLAM has a bond traded yielding more than 9%. in USD though. Do you dare ?
buy blue chips / reits / bank preference shares when STI hit its next low (~2000?), the yield will be pretty fantastic.Originally Posted by jeaprp
don't dare, hahaOriginally Posted by amk
where got low-risk, high-return deals one....
If have, I also wan.
Thanks, will take note when STI is 2000pts.Originally Posted by Allthepies
Huat ah
Last edited by jeaprp; 16-11-11 at 13:12.
So I think the only way is thru property?
Buy HDB, wait 5 years, make 200k, then buy private property and wait 5 years and make another 500k. Then wait for 3 years for market to correct then by another property and keep for 5 years and make another 700k?
Total = 1.4m and its 18 years in total?
Sounds possible?
deposit your $$$ in Argentina banks @16% PA
i heard greek banks at 50% PA...Originally Posted by gap969
if property so good no need to work...remember its all about timing...you go in wrong time cry until no more tears....Originally Posted by CCR
Highest return rates in shortest time possible at two locations in Singapore. One at Marina Bay, the other at Sentosa.
The question is, can you stomach the risk?
Can you explain more? Why is the risk highest there?Originally Posted by masterkey