Thursday, August 02, 2007

Woot! One Million Singapore Dollars


misti tagged me with this meme. She gave me S$1 000 000 and asked me how I would spend it.

Woot! First thing, go online book airtickets, book hotels! hahahaha ..... I'm tempted to spend it on travelling around the world and meet my blogger friends!

One million Singapore dollars isn't a lot of money these days. The hot property boom in Singapore has caused the prices of property to soar like an eagle! Even condominiums are hitting the million dollar mark. Why would anyone want to buy a S$5 million condo? Too much money, don't know where to spend it? *scratch my head*

Since I already have a house, I might buy a commercial shop unit and rent it out. The rest of the money will be used to make me more moola!

The stock market has been on a roll these few months. Although there was a huge correction on NYSE and the regional stock markets this week, I believe Singapore's economy is fundamentally safe. I would make use of the lower stock prices to buy some more shares. Blue chips.

Not one to squander money away, investing it is the best way to go.


69 comments:

  1. Yay...you and I think alike jek..investment..yes..
    But you are right la..1 million isn't exactly a lot these days..haihs...

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  2. eastcoastlife,
    If you have one million singapore dollars, give me $5k for me to spend lah. I want I want! hahahaha!

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  3. With 1m, I'll treat eastcoastlife to the most expensive meal she has ever had.

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  4. Poke poke ...save a couple hundreds dollar to buy me a fountain

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  5. I wish you more millions... ;)

    Glad to know you are alright... last nite, I very kan cheong...

    ps: Still hopping around?

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  6. ECL, I just hop from Judy's site. Her post also the same about the million dollars. Hers is in hokkien version... LOL :)

    I think we can only dream of this money loh... who dun want... I also want !!

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  7. Yep, investiment is the way to go! Let the money grows and grows. Hehehehe

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  8. eve,
    Investment is the way to go. Money makes money. There is risk, but no risk no gain.

    The value of our money is getting smaller hor....

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  9. iz reloaded,
    awwwww...... such a sweet boy! Thanks.

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  10. yenjai,
    hehehe.... I'm still waiting for you to pick your fountain!

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  11. My angel!
    Thanks for your concern. I don't have your email and hp number. Can email me?

    Still hopping. boing boing.....

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  12. Janice,
    Yeah, I read Judy's Hokkien version too.

    Don't dream about it, set out to get it!

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  13. Brennan,
    Hi Handsome! Yeah, I'm Evil! hahahahaha....

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  14. Hi Doreen!
    Every end of the month, nothing beats the joy of watching our money grow! hehehe...

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  15. yes, me me me!! put me on your list of blogger friends to visit... whee!

    after you've made your money "work" for you first la... ;-)

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  16. ehon,
    Yes! Buy good fengshui shops to rent! Sit down, shake leg, collect money! hehehe...

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  17. May,
    You are definitely on my list of blogger friends to visit lah! Make sure your steps are slip-free wor! hahaha....

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  18. ah, clever investing! knew you will come up with something good! hope your leg much better now.

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  19. nice to meet you :-)
    nice blog.

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  20. nice to meet you ..nice blog ah..
    long time no go singapore ..want to eat bah kut teh

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  21. A wise choice to invest. But, spend a little on chocolate.

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  22. Hi misti.
    My foot's better.

    It's only two of my investing ideas, cannot let out too much money-making secrets. hahaha.....

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  23. earn extra cash from home,
    Thanks for the visit. Come lah, come eat Singapore bak kut teh! hehe...

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  24. Teacher Dave,
    Oh yes! I forgot to get myself some chocolates! ^-^

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  25. I think a donation to the "Tommy Fund" would be nice (-:

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  26. ecl, wahahaha, you really want to 'ew sei kai' as in the Hokkien song hor.

    Come and take me to ew sei kai with you lah. :)

    You not going to share with your blogger friends ah? Kekekek. How much Jaymes get huh? Aiyoh, I got some more many keipoh questions but better not ask lah. :)

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  27. Tom,
    There's no free lunch in this world. I need sometime in return. heh heh heh....

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  28. Judy,
    Let's go 'ew sei kai' lor!

    What kaypoh questions you want to ask? Let horse come over! hehehe....

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  29. Meh ... I would have taken the S$1 million dollar and immediately become a billionair in Indonesia. Ha ha ha. Oh Oh ... forget about the gigantic mansion in Indonesia with secruity guards and driver and lots of helpers ... I would buy a nice little house in Mauritius by the beach and just relax there.

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  30. East Coast Life

    Good morning [it is 0730 on the West Coast of the United States]and thanks for dropping by my boring blog. I left you a reply to your question on my blog. Have a fine SINGAPORE evening!

    v/r tlrb

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  31. Investment is a good strategy. :)

    Have you ever thought about investing in a school that teaches double bass to people? Emily would be keen to start a school to teach young children double basses.

    Pardon me...I am getting obsessed with the instrument.

    Saw that your foot is feeling better. May you heal fully soon.

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  32. Wilfird,
    I go to Indonesia quite frequently. It's not that convenient /accessible for foreigners to emigrate there.

    Mauritius is a cool choice!

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  33. Hi tlrb!
    Thanks for stopping by! And thanks for answering my question.

    Hope you would visit Singapore again. Cheers.

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  34. oceanskies,
    Investors usually want a return on their investment. A music school might still be profitable.

    My foot's getting better. Thanks.

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  35. Wishing you good health meantime.

    I wonder if money can buy good health?

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  36. If I have that money, I'd invest again in real estate.

    Anyway, just like you to know I've done your tag. Thanks! Hope you visit. :)

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  37. eastcoastlife,
    Must call you mummy one meh? Friend cannot give $5k spend spend ah? hahaha!

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  38. Lifting the excerpts from the music video posted in Grandstories' blog - Wei, peng yu eh, li siong ji pa ban, chin chuay ah ah?

    I can only dream of million dollars being burnt for me after I go to "another world".

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  39. It might not be a lot of money, but I'd manage with it for a while!

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  40. Very wise use of the money and very close to what I would do too. Holidays, a shophouse, investments in bluechip stocks (especially with the recent correction) are all in my "get rich quick" horizon.

    Perhaps I would also invest some money in starting a social enterprise in "green activities". Something which I am beginning to feel stronger and stronger for everyday.

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  41. First thing I would do is pay off all my bills (including my mortgage) ... then if anything was left, I would go to Disney World with the Grandkids and invest the rest.

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  42. Hey lady, I'm linking you under my heading "Blogs I torture myself with" that is,if you're not offended?

    Wow, a cool mil. I'm also diligently buying lottery here.

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  43. I have to agree that investing is the best way to go. But a little vacation and some chocolates won't hurt too. :)

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  44. East Coast Life

    In ref to visiting Singapore again, well, it is in my LONG RANGE plans [New Zeland, Hong Kong, Australia, Singapore, and Thailand, all of those are in my long range plans].

    My investments are doing GOOD.

    Well, you take care and INVEST WISELY !!!

    Have a fine SINGAPORE Day.

    v/r tlrb

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  45. oceanskies,
    Money cannot buy good health, but it can get you the best health care! ;P Just look at our leaders.

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  46. Lynn,
    If you have extra money, it's good to invest in real estate. But do your homework. :)

    Thanks for doing my meme. ^-^

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  47. Kok,
    hahaha.... because you are such a good boy and show respect to an elder, give you S$5k as ang-pow lah!

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  48. tigerfish,
    ji ba ban isn't a lot these days hor! Not enough to spend in US.

    By the time you 'go', the ji ba ban also become useless paper! mwahahahaha......

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  49. Captain Picard,
    Oh yes, even though it's not enough, it's better than nothing. :)

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  50. cool insider,
    I'm sure you have lots of tips on the stock market.

    People still require more education on the green issues of our environment. You need a strong heart and a big bank account to start such a social enterprise. :)

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  51. Hi Paul Champagne,
    Going with your grandkids to Disney World seems like an awesome idea! The laughter on the kids' faces, the wonderful memories of the fun you all had, are priceless!

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  52. Jas,
    Is reading my blog a torture? hahaha... I'm honoured. Thanks.

    I heard the prize money of the lottery in Australia is huge. Wish you good luck! ^-^

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  53. Hi eagerblogger,
    Yeah, I should pamper myself, go for a vacation and also get myself some chocolates! hehe....

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  54. tlrb,
    Welcome back! I hope to see you when you come to Singapore then. Wish you more success in your investments. :)

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  55. Lucky no more tags, $1M is really NOTHING nowadays...and even earning that is worst still. It's even taking us longer to pay off our mortgages ...unless we strike LOTTO!

    Best Regards.
    Azrin

    PS: How come U did not look me up when U were in Penang?!

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  56. Hi, Lady! I tout u r interested with penang property? S$1000000, can buy a nice bungalow already! :)

    However, spent it to go round the world. It's a great choice either! :)

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  57. ECL, you are a true blue businesswoman! Only think of growing your wealth :-)

    Way to go! Must learn from you.

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  58. azrin,
    You are in Penang? Now? How come didn't tell me? hehe....

    One million is Nothing? It's something lah! Better than nothing wor. You struck a gold mine, izzit?

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  59. healy,
    Ya, I saw the nice apartments near the beach. I'm calculating.....

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  60. lilMrsT,
    What to do? One million is NOTHING these days! Have to make more.

    To work for money will take a long time to reach my target, so have to make money work.

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  61. Oooo! I so love that picture of Singapore. You are in the company of millions enjoying life! :)

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  62. east meets west kitchen,
    I admit we Singaporeans are living the great life here. It's paradise compared to the war-torn countries.

    I'm blessed. :)

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  63. Invest in stock market is definitely a good idea, since the moolah can grow fast (tentatively) ;)

    ReplyDelete

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