Let’s face it, accumulating wealth must have a perceivable end and that goal when we are still in our teens should have been around a million dollars. Fast forward to our adulthood, some of us might have “made it” through various ways and achieved a million dollars in liquid assets. When that time comes, what would you do with that money? Some of us might ridicule the mere thought of having a million dollars but have we ever considered the actual realities of having a million dollars (SGD/USD)? In this post, I will share my views on this from a perspective of an investor.

A million dollars can generate minimally $40,000 in dividends if you invest it all

It is awesome to have a million dollars working for you throughout the year and generating more than $40,000 for...