An honorable member of the Coffee Shop Has Just Posted the Following:
What do you think is the best option for this 35-year-old single with $310,000? (Don't ask how did he has this $310,000)
He is currently single and has $310,000 in his bank account but he has no house. He is single with no extra family burden to feed too.
Do you chaps think it is best he
1) go buy a resale 3-rm flat as a single. ( he cannot apply for the 2-rm BTO)
2) don't buy flat 1st and use his $310,000 to buy stocks and hold for a period of time 1st. (A financial planner actually recommend him to be daring and buy stocks with his $300K but he is extremely hesistant on this becos it is a very risky gamble that can go badly wrong although if hit the right stocks at the right time, the financial planner said $310K can become double to $600K within 1 year too.)
3)Frankly he is currently very depressed in spore too, do you think he should take his $310,000 and go to some overseas Asian country to live for a period of time 1st?
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21-11-2013, 02:30 PM
What do you think is the best option for this 35-year-old Single with $310,000?
