Invest
Setting aside a war chest of $500,000
By Singapore Blue Chips  •  April 11, 2020

It feels good to be able to work from home. 
Bloomberg terminal at finger tips with Netflix at the background.

The recent bear market provides a good opportunity for long term investors. I would gradually deploy the funds over the course of possibly 6 months to 1 year. It is hard to see where the bottom is. On one hand, the bulls are saying the Trillion dollars worth of stimulus will find its way to financial markets and raise the value of stocks. The bears are saying the recession will be worse than GFC and it doesn’t make sense for the market to just drop 20%.

I don’t know.
Buy when there are dips. My war chest are placed in HL bank @ 1.98% and Maybank @ 1.75%. I believe this 2 banks offer the highest no lock in rates. 


Singapore Blue Chips Investments...
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By Singapore Blue Chips
I am an ordinary Singaporean guy in my early thirties who is passionate about investing since 2003. I live in a 4 room HDB flat and like many Singaporeans, dream of becoming a millionaire. Currently I am an ordinary worker and have just completed my Masters. I aspire to build up a portfolio of 1 million dollars and derive a yearly recurring dividend income of 6% by 35. The only way to achieve this aim is to work hard and invest prudently. I invest in a variety of instruments such as unit trusts, stocks, REITS and foreign currencies mainly Australian dollars options.
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