Business ideas.

[Scrooball (clone)]

That's not true because there are many service based businesses that can cost less than 100k to start up.

In the good old days perhaps when it wasn't that costly

 

[Filloz]

be a PAP candidate
Congrats if you win, lose can get posting some where.

 

[Leongsam]

wld u recommend the porn bizness?

Yes but not if you're operating from Singapore.

 

[Robert Half]

$100k is too little for anything

$100k can be a retirement fund for some people

 

[Robert Half]

Not even enough to buy a horse with potential. And we have yet to factor in all other expenses linked to training a horse.

Even 10 times that amount, best to avoid this business. Owners come & go, Trainers always the winners. Continues to be heavily manipulated.

Nowadays not many people interested in horse racing and paying $6 entrance fee into Turf Club is very expensive

 

[Scrooball (clone)]

Business that tends to do well exploit the fears of Sinkies

For example, fear of their kids going to bad schools = influx of tuition centres and assessment books and enrichment courses

 

[sweetiepie]

KNN $100k is more than enough to setup a onsite secret tunnel dating service KNN bao lai hui KNN

 

[RODYK]

Any other ideas.

 

[AhMeng]

Any other ideas.

If your Special Account is not up to max 171k, use some of the money and top it up. Interest is at 4%, per year. Balance of which do a business which your passion brings you.

 

[sweetiepie]

KNN recap what is a secret tunnel dating service KNN
Members sign up with e.g. $100 member fee and allowed to enter tunnel (upto 3x can be different dates) to look for their love without feeling awkward with rejections KNN successful match need to pay takeaway fee of $500 KNN unsuccessful losers exit the tunnel without being seen by anyone and free to enter again on same day later time or another dates KNN member can see the opposite gender but opposite cannot see them KNN each gender given a permutation i.e. all will be seen by all KNN first selected first serve alogarithm i.e must fast hand or decisive KNN

 

[AhMeng]

If your Special Account is not up to max 171k, use some of the money and top it up. Interest is at 4%, per year. Balance of which do a business which your passion brings you.

Once you max that 171k FRS, every year you earn $6840 interest doing nothing. It's definitely safer than Hyflux rubbish.

Leave it there for 10 years, you earn $68,840 for doing nothing ...

 

[AhMeng]

By the way, FRS will increase every year. So every time you have cash to spare, just top up your Special Account yearly.

FYI...

For those turning 55 in 2018, the Full Retirement Sum is $171,000.

For those turning 55 in 2019, it will be $176,000.

Those who will hit 55 in 2020 will have to set aside at least $181,000.

The figures for the years after 2020 have not been released yet.

But based on current trends, we can estimate that in 20 years’ time, the Full Retirement Sum might be about $280,000.

 

[sweetiepie]

If your Special Account is not up to max 171k, use some of the money and top it up. Interest is at 4%, per year. Balance of which do a business which your passion brings you.

KNN correct KNN sinkie should aim to hit the max sa as young as possible and be always at the frs on every new year day KNN

 

[AhMeng]

Essentially, once you max that 171k now, the interest earned will take care of the yearly increase in FRS sum and you wouldn't have any need to worry in future.

 

[AhMeng]

If I have a wife who isn't working or kids, I will top up max their Special Account with hard cash so that they wouldn't need to worry in future. Too bad I don't. And they don't allow me to put more that the yearly FRS limit in my Special Account.

 

[RODYK]

If your Special Account is not up to max 171k, use some of the money and top it up. Interest is at 4%, per year. Balance of which do a business which your passion brings you.

This what elderly do only.
Have u paid off your housing loan.

 

[AhMeng]

And I can tell you those Oppies leaders who everyday KPKB about CPF like that clown Tan Kin Lian would have done the same thing and of course keep quiet and still fuck the PAP

 

[AhMeng]

This what elderly do only.
Have u paid off your housing loan.

Yep. All paid.

 

[AhMeng]

So my advice is top it up to max now at 171k. Any balance use it for your business passion and only you can know what's your own passion. Nobody will know you better than yourself. It's passion that drive achievements.

 

[sweetiepie]

This what elderly do only.
Have u paid off your housing loan.

KNN sinkie should aim to pay off any housing loan as young as possible and aim for max sa KNN