How Much Savings Will Bring Me Inner Peace?

koolgal
2024-04-05

🌟🌟🌟Money 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?
The primary reason people work and invest is to accumulate more wealth and have more savings. After all, we cannot work our whole lives, and we need to plan ahead for unforeseen circumstances or our dreams. Some people dream of traveling the world or buying a big house. $100,000, $500,000 or $1,000,000? What's your goal? How much savings can make you feel calm and confident to face life's crises?
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.

Comments

  • Barcode
    2024-04-08
    Barcode
    Great goal and solid investments! You are very fortunate that you aren’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!
    • Barcode: 
      Definitely and not only for dividends 😉
    • koolgal: 
      Thanks for your support and encouragement 🌈🌈🌈
    • koolgal: 
      Yes very lucky to be in Singapore 😍😍😍
  • Asphen
    2024-04-07
    Asphen
    the first million will make the next million or millions easier. the rolling effect will come in. all the best.
    • AsphenReplykoolgal: 
      😉
    • koolgal: 
      May you blessed by the Multiplier Effect too. 😍😍😍🍀🍀🍀🌈🌈🌈
    • koolgal: 
      Thanks for sharing 😍😍😍
    • koolgal: 
      Yes!  It's the Multiplier Effect!
  • SteveWatson
    2024-04-07
    SteveWatson
    Owning your home outright and having a loving family are also huge blessings.
    • koolgal: 
      I am indeed blessed 🙏
    • koolgal: 
      Yes I agree with you. 😍😍😍
  • Taurus Pink
    2024-04-06
    Taurus Pink
    [得意] [得意] [得意]
  • Ah_Meng
    2024-04-06
    Ah_Meng
    股息，年金，免抵押贷款，钱源源不断，为什么你需要100万美元？只要那些滚滚而来的钱足够多，能给你想要的东西，那就足够好了...生活对你来说似乎很好。继续过那种美好幸福的生活...[酷]
    • Ah_MengReplykoolgal: 
      是的，我知道...也祝你周末愉快
    • koolgal: 
      祝你周末愉快，🌈🌈🌈
    • koolgal: 
      谢谢你分享你的宝贵见解，😍😍😍
    • koolgal: 
      有目标是好的，100万只是一个目标。
  • ZEROHERO
    2024-04-05
    ZEROHERO
    Wishing you good health, great wealth and everything in between 🥂
    • koolgal: 
      May you be equally blessed too 🌈🌈🌈
    • koolgal: 
      Many thanks 😍😍😍
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