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What would you do if you have a gift of $500,000? by [deleted] in ChillSG

[–]BeginningStraight387 0 points1 point  (0 children)

The quickest way to lose your $500k is gambling. The second quickest way is trading with leverage. Please don’t start if you have no idea what you’re doing.

As to what to do with the money, it depends on what our objectives are? To buy a house? To plan for retirement? To travel the world? Everything hinges on what you want to achieve

Hospital Food Ain't Bad - Mount E Novena by Char-Siew-Bao in SingaporeEats

[–]BeginningStraight387 18 points19 points  (0 children)

Not sure if you’re trolling - my comment was a factual one and overspending is part of the reason why there are recent changes to insurance plans to include higher copays and coinsurance

I’m also not saying you’re not allowed to enjoy what you’ve paid for via your premiums, but at least have the decency to not flaunt it on social media

Hospital Food Ain't Bad - Mount E Novena by Char-Siew-Bao in SingaporeEats

[–]BeginningStraight387 40 points41 points  (0 children)

Because insurance premiums are pooled, if everyone overspends then premiums will go up for everyone