How to generate monthly $1k using $300K

chootchiew

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Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?

Apply for legal money Lender license. Think one or two month, can hit target liaoz. No need wait one year. 3-4%.
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?

You can consider the preference shares of ocbc at about 5% per year or DBS at 4.75. I think is pretty safe.
 
Apply for legal money Lender license. Think one or two month, can hit target liaoz. No need wait one year. 3-4%.

legal money lending need to apply, pay fees, maybe also need undertable $, plus open shop rental etc, end up left not much money to lend.
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?

Open a car rental company, buy cars/vans/pickups with 1-2 years life remaining before scraping and you are in business.
 
You can consider the preference shares of ocbc at about 5% per year or DBS at 4.75. I think is pretty safe.

the preference shares you mentioned is ocbc will help us to invest in other companys shares or the ocbc shares itself ?
 
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Open a car rental company, buy cars/vans/pickups with 1-2 years life remaining before scraping and you are in business.

$300k is too little to do car renting business. Paying rental of shop left not much to purchase the vehicles, maybe 2-3 fleet max.
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?

Loiter outside casinos for losers or get your runners to do it.
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?



there's one REIT that's based on electric power supplied to S'pore............6% a year before tax............price is 1 dollar plus.........

definitely safer than property REITs.............of course in recession, power use will drop and dividend will drop........
 
Can anyone advise how to invest $300K to generate about $1k monthly , which is my monthly expense. Which investment can have a safe 3-4% returns ?

come, come. park that 300K with me and i can pass you that 1K/month :):):)
 
come, come. park that 300K with me and i can pass you that 1K/month :):):)

Can ,but I when want back my $300k anytime when in need. If you refuse to pay me back, I will not hesitate to chop you into 300 parts becos the $300K is more important than my own life :) deal ?
 
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there's one REIT that's based on electric power supplied to S'pore............6% a year before tax............price is 1 dollar plus.........

definitely safer than property REITs.............of course in recession, power use will drop and dividend will drop........
OK, will research in this. thanks
 
wah... put inside fix D rates also not so high loh. how can any time want it back? :D:D:D

well, we can workout a maturity date , if I need it back before maturity, I will need to compensate some from the principal amount. Else you can chop me too :)
 
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