Michane
12-01
Replying to @DiAngel:good job!! [Bless]//@DiAngel:I always top up $15.3k into my SRS in early January. Thereafter, I will invest in blue-chip stocks. Whenever I received my dividends, I will put on my thinking cap to invest in high risk UTs or into blue-chip stocks. My SRS fund only idles for a few days or a week. [Smile]


In January every year, besides SRS top-up, I also top up my CPF MA and VC3A; and my parents MA/RA for the following year income tax relief.


Then in Dec, after receiving my bonus, individual performance bonus and pay increment, I will sit down and work out how much donation I need to do as to bring down my following years income tax. For the past few years, I donated a month of my pay cheque to 3 of my favourite charities. [Love you][Heart][Love]. I specifically told the organisations not to list my name on their donation board. But singapore children's society always insisted on sending me a certificate. This year I was even invited for their appreciation dinner.


@Wayneqq @1PC @MHh @melson @Michane @rL
Which Stock is Your Retirement Pick?
Some Tigers said: “I’m counting on OCBC for my retirement." There are different choices for Singaporeans. Bank-retirement camp: Holding bank stocks long-term = steady happiness. REIT camp: Relying on cash flow for retirement feels more secure. It’s really about that feeling of “getting paid every year”: CICT, MIT, FLCT, MLT. These can also be bought with CPF or through Endowus, making long-term holding even easier. CPF balances can be used to buy Singapore stocks. Endowus helps with tax savings and gives access to a wider variety of funds! So, which is your retirement stock?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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