Personal Finance
The SOS Guide to breaking the lottery curse
By Property Soul  •  February 26, 2019
Last Friday, two lucky winners split the $13.6 million prize money from the Toto Hongbao draw. If you were one of them, what would you do with the $6.8 million windfall? For Singaporeans, we would probably pay off our loans first. Then go buy a nice house and a luxury car. Afterall, we are a car proud and property obsessed country. If we ask people joining the long queue to buy TOTO or Big Sweep what they will do if they strike the jackpot, 9 out of 10 will say that they are going to buy a nice home or a big house. Try asking people outside Asia the same question and 9 out of 10 will say that they are going to take a long vacation to travel around the world. – Property Soul, “Keeping the Singapore property dream alive” What would I do with $6.8 million?...
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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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