If I have 1.5 million.. this is what I will do
1. Go for my long awaited Maldives honeymoon
2. Change my Kia Picanto for a Honda Jazz and pay for it at once in full
3. Pay off all my current 3 installments (CPF, Laptop and KKH)in full
4. Pay off the remaining loan amount for the house in full
5. Buy a condo/HDB in full, which must be in a good popular area so i can rent out to earn rent
6. Top up Gerald baby bonus account to the maximum of SGD6000 which the government will add another SGD6000 to make it a total of SGD12000 and earn the interest for the next few years
7. Buy a few lots of shares for the few good companies who have been giving out good dividends.. that will give me a fair share of dividends each year
That should still leave me with quite a bit to invest into a fixed deposit account... while I continue to work for my daily expenses...but no more fixed expenses because it has all been paid off...
Dreaming...
