Aiming for that magical million
A Singapore household earning $10,000 monthly could accumulate $1 million in 10-30 years, says CAI HAOXIANG
'HONEY', says the brave husband or wife one night. "I've been thinking about becoming a millionaire."
"Huh, just buy the $10 million Toto Hongbao draw next week, lor," comes the uncomprehending reply.
"No, no, I'm serious. I don't want to waste money on Toto anymore, not with my lousy bonus. I'm stressed about working so hard in this city. I'm tired of thinking we'll go nowhere with our financial lives. And I think a million dollars is a nice, round number - big enough to mean something. Of course, life is not about the money. But we can still do a lot of things with it. After all, ai bia jia eh yia (those who fight can win). And we can do this together. So shall we?"
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Cordlife substantial shareholders lay out separate plans to address issues after AGM
Hot stock: Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation offer at S$25.60 per share
OCBC Q1 profit rises 5% to S$1.98 billion
Brokers’ take: Analysts positive on Aims Apac Reit’s prospects; trim targets on lower earnings estimates
Singapore stocks open lower on Thursday; STI down 0.3%
ARA H-Trust to sell 2 Hyatt House hotels for US$31 million