Money Sense


Sunday, September 2, 2007

Working Lifespan

A normal Singaporean has only 35 years of "working life" in average (Assuming started working at the age of 20 and retires at 55). Take this golden opportunity to accumulate your wealth of savings.
1) Make full use of your CPF (Use it as housing loan etc)
2) Increase your resources that will yield you your well-deserved paychecks!

Resources including:
1) Premium insurances (This had got to start very young because the costs will increase with your age)
2) Property investments
3) Stock investments
4) Unit Trusts/ Fixed Deposits
5) Bonds
and the list goes on...