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How Would You Plan S$10 Million If You Win TOTO in Singapore?
@Tiger_SG:
Singapore's TOTO lottery has gone three consecutive rounds without a jackpot winner, pushing the prize pool up to S$10 million. To win this jackpot, long lines formed early outside. Back in March this year, someone placed just a S$1 bet and ended up sharing a S$13.4 million prize with two others, sparking widespread envy. On April 28, the TOTO draw revealed a first prize of S$12,929,450, which was again shared between two winners. What can you do with S$10 million in Singapore? You could use the money to significantly improve your quality of life. House, car, education and better life… Examples: First, you can spend S$2 million for a better condominium Second, S$1 million can get you a $Tesla Motors(TSLA)$ along with the Certificate of Entitlement (COE) Third, how about enrolling your child in a prestigious school like Singapore American School (SAS), which costs S$586,000 from Grade 1 to high school graduation Fourth, use a portion for diversified investments, such as life insurance, bonds, hedge funds, or REITs Lastly, spend a few hundred thousand for a better lifestyle: hire a top-tier domestic helper, travel overseas, buy designer clothing, or luxury goods $Hermes International SA(HESAF)$ If you lack investment experience, simply putting 1 million in a savings account or fixed deposits and living off the interest could be enough for daily expenses Questions to discuss: How would you choose to allocate S$10 million if you won the TOTO jackpot? Does this kind of sudden wealth truly lead to a better life, or are there hidden risks without proper financial planning? Join our topic and post directly: How Would You Plan S$10 Million If You Win TOTO in Singapore? or leave your comments to win tiger coins~ A tool to boost your purchasing power and trading ideas with CashBoost! Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
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.
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