Quote:
Originally Posted by chubbybastard
For me turning 45 this year. Single and lonely. Already planning for retirement since been jobless for the past 1.5 years. Have a 4 room HDB almost fully paid and about $140k cash and stocks. Actually have more but spent a significant part of it on my "encounter" with my teerak BKK
My plan is rent out my 4 room hdb and move to JB. I think 4 room can fetch $2.8k-$3k p.m.? That would give me about MYR10k p.m. Can pay for my daily expenses + rent. Extra $140k turn to ringgit is myr500k put in FD can yield another maybe myr1.5k p.m interest ba. total income myr 11k p.m. Is this enough? I think its enough for single or maybe 2 person - if i find a jhb to "live in" with me?  what do you guys think? |
I wouldn't put $140k into MYR fixed D. MYR will continue depreciate.
I would still keep bulk of the cash and investment in SGD, and change to MYR on monthly basis or as and when you need cash