How Much Savings Will Bring Me Inner Peace?

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸMoney to me is only a means to live a wonderful, fulfilling life.  It is not the Be All and End All.   Inner Peace to me means living a life that is filled with lots of love, good health and happiness.   I only need enough money to be able to live life to the fullest, travel and create memories that will last a lifetime. 

How much savings is enough?  A million dollars is my target.  I hope to achieve this through investing in dividend stocks, bonds and CPF Life which is Singapore's Government Annuity Scheme.   

My favourite dividend stocks are the Singapore Banks - $DBS GROUP HOLDINGS LTD(D05.SI)$  $OVERSEA-CHINESE BANKING CORP(O39.SI)$  $UNITED OVERSEAS BANK LIMITED(U11.SI)$  and SReits like $CapLand IntCom T(C38U.SI)$  $CapLand Ascendas REIT(A17U.SI)$  

Dividends in Singapore are not taxable and so are savings in banks.  I also like to buy short term Singapore Treasury Bills to supplement my dividend income. 

I do keep some funds for emergency expenses and for medical expenses too.  But I am thankful that I fully owned my home without any mortgage.   I am also very grateful that I have a loving family too.  

Life is an adventure to me, the world is an oyster waiting to be discovered.  The Best is Yet To Be! 

@MillionaireTiger  @TigerStars  @Tiger_comments  @TigerClub  @Tiger_SG  



# How Much Savings Will Bring You Inner Peace?

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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  • Barcode
    ยท04-08
    TOP
    Great goal and solid investments! You are very fortunate that you arenโ€™t taxed on dividends and they are like savings! We get tax to the max on dividends in NZ! Wishing you all the very best on achieving your goal and may there be many more cruises on your horizon!
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    • Barcode:ย 
      Definitely and not only for dividends ๐Ÿ˜‰
      04-08
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    • koolgal:ย 
      Thanks for your support and encouragement ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-08
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    • koolgal:ย 
      Yes very lucky to be in Singapore ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-08
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  • Asphen
    ยท04-07
    TOP
    the first million will make the next million or millions easier. the rolling effect will come in. all the best.
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    • AsphenReplying tokoolgal:ย 
      ๐Ÿ˜‰
      04-07
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    • koolgal:ย 
      May you blessed by the Multiplier Effect too. ๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-07
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    • koolgal:ย 
      Thanks for sharing ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-07
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  • SteveWatson
    ยท04-07
    TOP
    Owning your home outright and having a loving family are also huge blessings.
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    • koolgal:ย 
      I am indeed blessed ๐Ÿ™
      04-07
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    • koolgal:ย 
      Yes I agree with you. ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-07
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  • Taurus Pink
    ยท04-06
    TOP
    [ๅพ—ๆ„] [ๅพ—ๆ„] [ๅพ—ๆ„]
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    • koolgal:ย 
      Happy Sunday ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-07
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    • koolgal:ย 
      Thanks ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-07
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  • Ah_Meng
    ยท04-06
    Dividends, annuity, mortgage free, money just keeps rolling in, why do you need $1M? As long as those rolling in money is substantial enough to give you what you seek, that is good enough... life seems good to you. Continue to live that wonderful and blissful life... [Cool]
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    • Ah_MengReplying tokoolgal:ย 
      Yup, I know... enjoy your weekend as well
      04-06
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    • koolgal:ย 
      Have a wonderful weekend ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-06
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    • koolgal:ย 
      Thanks for sharing your valuable insights ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-06
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  • ZEROHERO
    ยท04-05
    Wishing you good health, great wealth and everything in between ๐Ÿฅ‚
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    • koolgal:ย 
      May you be equally blessed too ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-05
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    • koolgal:ย 
      Many thanks ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-05
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  • ็ฅๆ—ฉๆ—ฅๅฎž็Žฐๆขฆๆƒณ
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  • Weiming
    ยท04-08
    So your 1m target include cpf as well?
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  • CMLeong
    ยท04-06
    ้€ฑๆœซๆ„‰ๅฟซ
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    • koolgal:ย 
      Best of luck ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ€๐Ÿ€๐Ÿ€
      04-06
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    • koolgal:ย 
      Hope you achieve your goals too. ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ
      04-06
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    • koolgal:ย 
      Thanks my friend ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-06
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  • zuma
    ยท04-05
    thx
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    • koolgal:ย 
      Happy weekend ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
      04-05
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    • koolgal:ย 
      Have a beautiful Friday evening ๐ŸŒƒ๐ŸŒƒ๐ŸŒƒ
      04-05
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    • koolgal:ย 
      My pleasure ๐Ÿ˜๐Ÿ˜๐Ÿ˜
      04-05
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