Seeking help with $400,000 inheritance.

Dear AK,

Good day to you.

I was introduced to your blog as my friend highlighted that you are one of the most eminent bloggers online and I am wondering if you have any interest in offering specialized advice for individuals.

I have zero experience in investments except for some ILPs which according to what I have read recently are an absolute mistake. I am in my early 30s and have zero debts with modest savings. However, I recently inherited $400,000. 

An adviser will be compiling a report for me that contains recommended strategies based on data on my finances that I have provided him with. I am wondering if you are keen to also do the same for me.  

I understand that you are always reading up and sharing the good stuff with people and could be very busy. I do not want to impose on you like many other people who could possibly be emailing you for free advice. Hoping that you can be my mentor. 

Sincerely wishing that you can consider helping me. Do tell me if you welcome this idea and we can discuss about remuneration.

Thank you.

Hi,

Welcome to my blog. It is a place where I talk to myself and readers eavesdrop. ;)

I am quite happy to share my experience and what has worked for me. Whether readers do the same is entirely their choice.

I generally shun work as I am enjoying my early retirement.

If you have yet to read this blog, you might want to:
http://singaporeanstocksinvestor.blogspot.sg/2017/01/holistic-approach-to-secure-financial.html

I can be quite repetitive in my blog. I hope you don't get bored.

Best wishes,
AK

Related post:
Why seek help from AK?

Why do I choose to stay in a condo?

This is for readers who do not follow me in Facebook and for those who do not read comments in Facebook.





Reader:
By the way , there is nothing wrong to stay at condo also what ... ( AK also stays at condo ) , so long you can afford it , why not ? 

You work so hard , deserve to upgrade and enjoy also . 

Save tons of money and not using it also can't bring them with you one day . 

So , we don't have to keep comparing la . 

If I can afford GCB , I will go for it too ! Why not ? 😁😁

AK:
I would have bought BTO HDB flat if I had qualified. 

I like good quality subsidised housing from government. 

99 years lease at a discounted price is OK for me.





I thought of buying a resale flat but:

1. I had to wait till I was 35.

2. I was reluctant to pay non-subsidised price for an old flat with about 70 years left to the lease.





In buying a condo, I chose to buy freehold and I chose to buy what was, at that time, the smallest format available. 

I didn't need a bigger unit.

I was lucky that the property price more than doubled from when I bought it. 

I decided to sell it because I thought it became too expensive for me to stay in. 

It felt extravagant.





I was also lucky that smaller format one bedroom condo became quite popular and I was even luckier to find one freehold option that offered great value for money a year after I sold my place. 

My current place is practically free of cost since the capital gain from selling my old place could pay for this in full.

Now, you know why I stay in a condo and why it is a small condo.





Related post:
More passive income than richer friends.