What is your retirement plan?

[Nemesis Alien]

New flat is millions

Not BTO meh there? Looks like lea.

[encourageSome1]

We are all literally one heart beat away from death.  Every times your heart relaxes there is no guarantee it will contract again

I buy dividend shares.  I do think growth shares are good but I have a habit of panic selling

I think 🤔 cos of inflation, long term planning n investment is necessity in e event we want to retire / stop income producing work entirely ...
But shares as any other investment need to jaga e company fundamentals and say 2-4 times a year check in on their financial reports .. I think putting into etf / mf then lesser monitoring but as with anyth worthwhile.. hv to check in 1-2 times a year

Since I don't monitor so I don't know they up or down and hence don't feel any sentiments abt those I place into investment

[encourageSome1]

Do you dare to buy something that might give you 100% returns a year?  But obviously it's risky and the value of investment might drop so your dividends are to cover that and of cos dividends are never guaranteed

100% returns sound like retail markup

But risk high unless u ownself running e retail biz and knows e ropes of it ..

I thk in investment.. it's ok to earn little or lesser but not so ok to lose more than 20% esp if the pie isn't big to begin with and it's all from own hard earn money

Usu cost
Example
eg 10.00 retail 30.00
Gross profit 20.00
Fixed costs -10.00 per unit
Net profit =10.00 ==100%

[encourageSome1]

https://www.yieldmaxetfs.com/our-etfs/

Need only a few hundred dollars to get a meaningful monthly dividend (maybe $10 after the withholding tax).

But heard it's really risky but I still nibble into it

So buyer beware.  I am not asking you to buy this.  Just stating this exists.

If it's too too too attractive.. need to check whether u can really withdraw when u need to... Paper profit 99% doesn't mean 99% earning when u withdraw

[encourageSome1]

most comfortable retirement plans are utilizing hdb for rental income and moving to a third world country to take advantage of our exchange rate

    

Own country ownself cannot remain when in one's old age .. a bit saddening

[nyvrem]

I think 🤔 cos of inflation, long term planning n investment is necessity in e event we want to retire / stop income producing work entirely ...
But shares as any other investment need to jaga e company fundamentals and say 2-4 times a year check in on their financial reports .. I think putting into etf / mf then lesser monitoring but as with anyth worthwhile.. hv to check in 1-2 times a year

Since I don't monitor so I don't know they up or down and hence don't feel any sentiments abt those I place into investment

i dont like piak stocks / etf - IMO its just pure gambling

im very into ppty because even if rental tanks later on, u will always have a roof over ur head and can just rent out 1 room

its like a backup with a backup plan.

[nyvrem]

Not BTO meh there? Looks like lea.

tiagong that river bank area jin dirty

[Philipkee]

If it's too too too attractive.. need to check whether u can really withdraw when u need to... Paper profit 99% doesn't mean 99% earning when u withdraw

I manage to withdraw the dividends.  If you are saying selling, so far no issues but I have not sold the yieldmax or most of dividend shares cos I just withdraw the dividends.  But yea, I have done it

[Nemesis Alien]

tiagong that river bank area jin dirty

Yah ah gui friends all there, but it seems they cant come ashore. SO as long as you dont do something stupid like throw stone in seems ok.

[encourageSome1]

I manage to withdraw the dividends.  If you are saying selling, so far no issues but I have not sold the yieldmax or most of dividend shares cos I just withdraw the dividends.  But yea, I have done it

That s gd 👍.. investment or returns wise "A Bird in the Hand is Worth Two in the Bush"

[ace]

Mine?
Work, work and work

[default]

100% buy crypto better but must be able to stomach the risk... buy when it drops a lot then wait

[nyvrem]

u missed the crypto boat 1.5 years ago ba

1.5 years ago i kept saying all in crypto, everytime kenna slammed

    

[encourageSome1]

tiagong that river bank area jin dirty

Shared water ways mybfd.... Our country own ppl usu don't litter de

[encourageSome1]

Yah ah gui friends all there, but it seems they cant come ashore. SO as long as you dont do something stupid like throw stone in seems ok.

huhhhh ? Whenever got stones n a moving water Eg reservoir i d sure go n throw 1-3 stones ... siiiiiliaolor