How to Accumulate 1 Million SGD: Wealth Building Tips & Strategies

Welcome to Coffee Tea Money Talk! 🎥 In this episode, host Estelle is joined by Kieran, Lenin, and Ben to discuss how to accumulate 1 million SGD in the Singapore context.

Key Highlights:

Rule of 72: Understanding how this rule can help you estimate the time needed to double your money.
Investment Strategies: Exploring fixed income, investment funds, and the importance of knowing your risk appetite.
Dollar Cost Averaging (DCA): How investing consistently over time can mitigate risks and help achieve long-term goals.
Balancing Risk: Insights on balancing safe and risky investments based on personal preferences and financial goals.
Real-Life Examples: Guests share their personal investment journeys, including US equities, tech stocks, and conservative saving plans.
Long-Term Planning: The importance of looking beyond 10 years and diversifying investments to manage money effectively.
Join us for an engaging discussion filled with practical tips and advice on building wealth and achieving financial security.

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#WealthBuilding #FinancialPlanning #Investing #SingaporeFinance #RuleOf72 #DollarCostAveraging #InvestmentTips #FinancialSecurity #CoffeeTeaMoneyTalk #LongTermInvesting #RiskManagement

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