100 habits to follow to leave a fulfilling life before turning 50

100 Habits to Follow for a Fulfilling Life Before Turning 50

Life is a beautiful, unpredictable journey, and the best way to truly make the most of it is by developing habits that nurture your mind, body, and soul. Whether you're looking to experience more joy, achieve your dreams, or simply live a life full of purpose, adopting certain habits can significantly enhance your overall well-being. Here's a list of 100 habits you can start cultivating today to leave a fulfilling life before turning 50.

1. Prioritize Self-Care

Establish a daily skincare routine to maintain healthy skin.
Get enough sleep — aim for 7-9 hours a night to rejuvenate your body and mind.
Drink plenty of water to stay hydrated and energized throughout the day.
Practice mindfulness meditation daily to clear your mind and reduce stress.
Treat yourself to occasional massages or spa days for relaxation.
Take time for a hobby that brings you joy, whether it's painting, reading, or playing music.
Set boundaries to ensure you’re not overextending yourself emotionally or physically.
Embrace rest days without feeling guilty for taking a break.
Invest in your mental health — seek therapy or counseling when needed.
Celebrate small victories and acknowledge your accomplishments regularly.

2. Embrace Physical Fitness

Make regular exercise a part of your routine — aim for at least 30 minutes a day.
Try different forms of exercise — yoga, pilates, weight training, running, cycling, or swimming.
Stretch regularly to keep your body flexible and reduce stress.
Take daily walks to clear your mind and stay active.
Engage in outdoor activities like hiking or sports for a fun workout.
Prioritize a balanced diet with a variety of fruits, vegetables, and whole foods.
Incorporate strength training to improve bone health and muscle tone.
Find an accountability partner to make fitness more enjoyable.
Dance for fun — it's a great cardio workout!
Track your physical progress and set goals to keep improving.

3. Cultivate Healthy Relationships

Surround yourself with positive, supportive people who uplift you.
Learn to communicate effectively in relationships — practice active listening.
Express gratitude regularly to the people who matter to you.
Make time for family — even small moments of connection matter.
Forgive quickly and let go of grudges.
Show appreciation for your partner with simple gestures like writing notes or planning date nights.
Practice empathy by trying to understand the emotions of others.
Make time for friends and schedule regular catch-ups.
Create meaningful traditions with loved ones.
Let go of toxic relationships and set healthy boundaries.

4. Personal Growth and Learning

Read every day — aim for at least 30 minutes, and diversify your reading material.
Take up a new skill every year — whether it’s cooking, photography, or a musical instrument.
Set a yearly learning goal — attend workshops or enroll in online courses.
Practice gratitude by journaling every morning or night.
Challenge your comfort zone by trying new things outside of your routine.
Keep a personal journal to document your thoughts, dreams, and challenges.
Listen to podcasts or audiobooks to absorb new knowledge while commuting.
Seek mentors who can provide guidance in areas of your life.
Set long-term goals and break them down into achievable steps.
Reflect on your achievements at the end of each year.

5. Financial Habits for Success

Start saving early for retirement — the earlier, the better.
Track your spending to understand where your money is going.
Create a budget and stick to it to keep your finances in check.
Invest in your future through stocks, real estate, or a diversified portfolio.
Pay off debt as quickly as possible to reduce financial stress.
Live below your means and avoid unnecessary luxury purchases.
Build an emergency fund to cover at least 3-6 months of expenses.
Automate savings to make sure you’re consistently putting money away.
Negotiate bills and expenses to save money wherever possible.
Give back — set aside a portion of your income for charity or causes you care about.

6. Nurture Your Passion and Creativity

Make time for creative hobbies such as painting, writing, or crafting.
Pursue a passion project — something that excites and fulfills you outside of work.
Set creative goals — whether it’s writing a book or completing a photography portfolio.
Learn to let go of perfection and embrace creativity without self-criticism.
Participate in challenges like NaNoWriMo (National Novel Writing Month) or Inktober.
Surround yourself with inspiration by visiting art galleries or watching documentaries.
Experiment with different art forms to discover new interests.
Join a creative community or group to stay motivated and share ideas.
Create something every week — no matter how small.
Learn to appreciate the process of creation, not just the finished product.

7. Work and Career Fulfillment

Set clear professional goals and measure your progress regularly.
Embrace challenges and opportunities for growth in your career.
Network with people in your field to open up new career possibilities.
Seek feedback from peers and supervisors to improve your performance.
Work smarter, not harder — prioritize tasks that bring the most value.
Maintain a work-life balance by setting boundaries and taking breaks.
Find a mentor in your industry to provide career guidance.
Celebrate career milestones and acknowledge your professional achievements.
Stay curious and keep learning about your field, even after years in the industry.
Take regular breaks during work to avoid burnout and maintain productivity.

8. Travel and Adventure

Explore a new country every year to broaden your perspective.
Take short weekend trips to nearby cities or towns for a quick getaway.
Try a solo travel adventure to discover more about yourself.
Go on a digital detox trip, where you leave your devices behind and embrace nature.
Create a travel bucket list and work on crossing it off.
Make time for spontaneous adventures without a strict itinerary.
Visit historical sites to learn about different cultures and their legacies.
Travel with loved ones to create unforgettable memories together.
Embrace local food during your travels and try new dishes.
Take a scenic road trip — it’s a perfect way to explore and relax at your own pace.

9. Mindfulness and Spirituality

Practice daily gratitude by acknowledging things you’re thankful for.
Meditate every day — even for just 5 minutes to quiet your mind.
Engage in acts of kindness — whether it's helping someone or donating to charity.
Spend time in nature to reconnect with yourself and the environment.
Embrace silence by spending time alone without distractions or noise.
Practice positive affirmations to boost your self-confidence and mindset.
Do yoga to maintain mental clarity and physical flexibility.
Set intentions every morning for a focused, purposeful day.
Read spiritual texts or listen to teachings that resonate with you.
Engage in regular self-reflection to understand your deeper desires and purpose.

10. Lifelong Learning and Legacy

Create a personal library filled with books on topics you’re passionate about.
Take courses to keep your mind sharp and continue learning throughout life.
Write down your life lessons to share with others or future generations.
Document your life journey through journaling, blogging, or a video diary.
Teach someone a new skill or mentor them in an area of your expertise.
Pass down family traditions and memories to the younger generation.
Leave a legacy by contributing to causes or charities that reflect your values.
Cultivate a spirit of curiosity — always ask questions and explore new ideas.
Stay open to change and embrace opportunities to grow.
Reflect on your life regularly to ensure you’re living according to your values and passions.

Conclusion

Living a fulfilling life before turning 50 is all about creating a balanced routine, investing in your well-being, and continuously growing. By incorporating these habits into your daily life, you can embrace life’s challenges with resilience, stay mentally and physically healthy, nurture your relationships, and leave a positive mark on the world. Start with a few habits that resonate with you and slowly build upon them. The journey to fulfillment begins with a single step, and the best time to start is right now!

Which habits are you most excited to incorporate into your life?

0 Bucket List Things to Do in Singapore, Malaysia, and Indonesia (with Estimated Duration for Each)

If you're looking to explore Southeast Asia, Singapore, Malaysia, and Indonesia offer an incredible variety of experiences that will make for an unforgettable adventure. Whether you're into nature, culture, or thrill-seeking, here's a diverse list of things to do across these countries, along with estimated durations for each activity.

Singapore

Marina Bay Sands SkyPark – Visit the iconic observation deck with a panoramic view of the city.
Duration: 1-2 hours
Gardens by the Bay – Explore the Supertree Grove, Flower Dome, and Cloud Forest.
Duration: 2-4 hours
Sentosa Island – Visit attractions like Universal Studios, S.E.A. Aquarium, and Adventure Cove Waterpark.
Duration: Full day (6-8 hours)
Chinatown Heritage Centre – Immerse in the history of Singapore’s Chinatown.
Duration: 1-2 hours
Singapore Zoo and Night Safari – A world-renowned zoo and an exciting nocturnal safari.
Duration: Full day (6-8 hours)
Clarke Quay – Enjoy the nightlife with bars and restaurants along the river.
Duration: 3-4 hours
Singapore Flyer – Take a ride on one of the world’s largest observation wheels.
Duration: 30 minutes – 1 hour
Little India – Wander through colorful streets filled with culture, food, and shopping.
Duration: 2-3 hours
Merlion Park – Snap a photo with the iconic Merlion statue.
Duration: 30 minutes – 1 hour
Singapore Botanic Gardens – Take a relaxing stroll through a UNESCO World Heritage site.
Duration: 2-3 hours
Hawker Centres – Taste authentic Singaporean dishes like Hainanese chicken rice, laksa, and satay.
Duration: 1-2 hours
Fort Canning Park – Explore historical sites and enjoy the lush greenery.
Duration: 1-2 hours
East Coast Park – Enjoy cycling, rollerblading, or beach activities.
Duration: 2-4 hours
Kampong Glam – Visit the Sultan Mosque, shop at Haji Lane, and enjoy Middle Eastern cuisine.
Duration: 2-3 hours
Raffles Hotel – Experience a colonial-style afternoon tea at the famous hotel.
Duration: 2 hours
Jurong Bird Park – See one of the largest collections of birds in the world.
Duration: 3-4 hours
Singapore Art Museum (SAM) – Explore contemporary Southeast Asian art.
Duration: 1-2 hours
Singapore Science Centre – Engage with interactive exhibits and enjoy the Omni-Theatre.
Duration: 2-3 hours
Lazarus Island – Take a boat trip to this serene and quiet island for a relaxing day.
Duration: Full day (6-8 hours)
Singapore River Cruise – Explore Singapore's historic river on a traditional bumboat.
Duration: 1 hour

Malaysia

Petronas Towers, Kuala Lumpur – Visit the world's tallest twin towers for stunning views.
Duration: 2 hours
Batu Caves – Climb the 272 steps to reach the cave temples.
Duration: 2-3 hours
George Town, Penang – Wander through the UNESCO World Heritage site filled with street art and history.
Duration: Half-day (4-5 hours)
Langkawi Sky Bridge – Experience a thrilling walk on the curved suspension bridge with spectacular views.
Duration: 1-2 hours
Cameron Highlands – Explore the tea plantations, strawberry farms, and cool mountain air.
Duration: Full day (6-8 hours)
Perhentian Islands – Relax on the pristine beaches and go snorkeling or diving.
Duration: 2-3 days
Taman Negara National Park – Embark on a jungle trek, visit Orang Asli villages, and take a canopy walk.
Duration: 2-3 days
Merdeka Square, Kuala Lumpur – Visit the historical heart of Malaysia with colonial architecture.
Duration: 1-2 hours
Malacca (Melaka) – Visit historical sites, such as the A Famosa fort and Jonker Street.
Duration: 1-2 days
Kuala Lumpur Bird Park – Walk through the world’s largest covered bird park.
Duration: 2-3 hours
Borneo (Sabah) – Go hiking in Kinabalu National Park or explore the wildlife in the rainforest.
Duration: 3-4 days
Kuala Lumpur National Mosque (Masjid Negara) – Experience the beauty of Islamic architecture.
Duration: 1 hour
Kinabalu Mountain – Go trekking up Malaysia's highest peak.
Duration: 2-3 days
Langkawi Underwater World – Visit the aquarium and see marine life up close.
Duration: 2-3 hours
Sungai Lembing – Visit the old mining town and go on an epic sunrise hike.
Duration: 1-2 days
Taman Negara Jungle Cruise – Take a boat ride through the river in one of the oldest rainforests.
Duration: 2-3 hours
Redang Island – Snorkel in crystal-clear waters and relax on white sandy beaches.
Duration: 2-3 days
Putrajaya – Visit the administrative capital, known for its stunning architecture and lakes.
Duration: 2-3 hours
Kuala Terengganu – Visit beautiful beaches, the Tengku Tengah Zaharah Mosque, and the Terengganu State Museum.
Duration: 1-2 days
Desaru Coast – Enjoy a beach getaway with resorts, waterparks, and nature.
Duration: 1-2 days

Indonesia

Bali – Explore the temples, beaches, rice terraces, and waterfalls of this popular island.
Duration: 3-5 days
Mount Bromo – Hike to witness the stunning sunrise over the volcanic landscape.
Duration: 1-2 days
Komodo Island – See the world-famous Komodo dragons in their natural habitat.
Duration: 2-3 days
Ubud, Bali – Visit the Sacred Monkey Forest, art galleries, and local markets.
Duration: 1-2 days
Gili Islands – Snorkel, dive, and relax on these pristine tropical islands.
Duration: 2-3 days
Borobudur Temple – Visit the world’s largest Buddhist temple in central Java.
Duration: 3-4 hours
Mount Rinjani, Lombok – Trek up one of Indonesia’s highest volcanoes.
Duration: 3-4 days
Prambanan Temple – Explore the Hindu temple complex in Java, a UNESCO World Heritage site.
Duration: 2-3 hours
Lake Toba – Visit the world’s largest volcanic lake in Sumatra.
Duration: 2-3 days
Jakarta – Discover the capital's bustling markets, museums, and cultural sites.
Duration: 1-2 days
Kuta Beach, Bali – Surf, relax, and enjoy the vibrant beach scene.
Duration: 2-4 hours
Nusa Penida – Explore the dramatic cliffs, crystal-clear waters, and beaches of this island.
Duration: 1-2 days
Tana Toraja – Experience the unique culture and funeral traditions of the Torajan people.
Duration: 2-3 days
Bali’s Tegenungan Waterfall – Hike and swim at one of Bali’s beautiful waterfalls.
Duration: 2-3 hours
Bromo-Tengger-Semeru National Park – Explore Indonesia’s stunning volcanic region.
Duration: 2-3 days
Bali’s Sacred Water Temple (Tirta Empul) – Take part in the holy water purification ritual.
Duration: 2 hours
Flores Island – Explore traditional villages, pristine beaches, and Komodo National Park.
Duration: 3-5 days
Bandung – Explore the natural beauty, tea plantations, and volcanoes near the city.
Duration: 1-2 days
Yogyakarta – Explore the cultural heart of Java, including markets, temples, and street food.
Duration: 2-3 days
Dieng Plateau – Visit the volcanic plateau filled with ancient temples, lakes, and geothermal activity.
Duration: 1-2 days

This is just the beginning! Southeast Asia is brimming with more adventures, from cultural experiences to adrenaline-pumping activities. What is the next item you're planning to check off from the list?

S&P 500 Bloodbath: What Singaporean Investors Should Know and Do Now

The U.S. stock market, particularly the S&P 500, just experienced a sharp and painful drop—what many are calling a “bloodbath.” Over a few trading sessions, the index shed hundreds of points, dragging global markets down with it. For Singaporean investors, especially those with exposure to U.S. equities through ETFs or brokerages like Tiger Brokers, Moomoo, or IBKR, the red across portfolios is hard to miss.

So, what exactly happened? Should we be worried? And most importantly—what should we do during this period of uncertainty?

Let’s break down the causes, implications, and how Singapore-based investors can respond smartly and confidently.

🌍 What Happened in the U.S. Market?

The S&P 500 dropped significantly due to a combination of factors:

1. Persistent Inflation and Sticky Interest Rates

The U.S. Federal Reserve signaled that it may keep interest rates higher for longer as inflation remains sticky. This hawkish stance makes investors nervous because high rates:

Increase borrowing costs for companies
Reduce consumer spending
Lower the present value of future earnings (especially for tech and growth stocks)

2. Bond Yields Surging

The 10-year U.S. Treasury yield shot past 4.5%, making fixed-income investments more attractive and prompting a shift away from equities. Rising yields often precede slowdowns or recessions.

3. Geopolitical Risk

Conflicts in the Middle East, tensions in Ukraine, and ongoing friction between the U.S. and China add pressure to the markets. Investors are reducing risk exposure amid global uncertainty.

4. Earnings Season Nerves

U.S. corporate earnings season has been mixed. While some companies are beating estimates, others—especially in tech and retail—are falling short, sparking sell-offs in major sectors.

🇸🇬 Why This Matters to Singaporean Investors

As a global financial hub, Singapore is deeply tied to international markets. Our CPF Investment Scheme (CPFIS), Robo-advisors (like Endowus or Syfe), and REIT portfolios often include U.S. equities or ETFs like the S&P 500 (SPY, VOO) and Nasdaq-100 (QQQ).

If you’re holding these:

You’ve likely seen some paper losses recently.
You might be wondering if you should sell or hold.
You may also be comparing it to the safer returns of Singapore Savings Bonds (SSBs) or fixed deposits, which are now yielding 3–3.4% annually.

But market corrections, though painful, are not new—and not always bad.

📈 Corrections Are Normal (Even Healthy)

Historically, the S&P 500 sees a 10% correction every 12–18 months. It’s part of the natural cycle of the market.

Over the long term, markets trend upward. Since 2000, the S&P 500 has powered through:

The dot-com crash
2008 Global Financial Crisis
COVID-19 pandemic

And despite those events, it has generated annualised returns of around 7–10% over time—much higher than most fixed income options.

🧠 What Should Singapore Investors Do?

Here’s a game plan tailored for retail investors in Singapore—whether you’re investing through cash, SRS, or CPF.

1. Don’t Panic and Dump Everything

Selling in a panic often locks in your losses and causes regret when markets rebound. If you’re investing for long-term goals like retirement, property down payments, or children’s education, keep a cool head.

💬 “Time in the market is more important than timing the market.”
— Proven wisdom, especially relevant now.

2. Check Your Investment Horizon

Ask yourself:

Are you investing for the next 1 year or the next 10?
Can you stomach volatility in exchange for future growth?

If your goal is 5–10 years away, short-term dips shouldn’t bother you. For example, a 35-year-old investing for retirement at 65 can afford to ride out volatility.

3. Continue Dollar-Cost Averaging (DCA)

If you’re doing monthly DCA into ETFs like:

SPY / VOO (S&P 500)
QQQ (Nasdaq)
IWDA / VWRA (global exposure)

… then stick with it. You’re now buying shares at a discount. This reduces your average cost per unit over time—a proven strategy for building wealth steadily.

4. Diversify Beyond the U.S.

Singaporean investors often concentrate too heavily on U.S. tech. Use this time to diversify:

SGX-listed REITs like CapitaLand Ascendas REIT, Mapletree Logistics Trust
Global ETFs with Asia/Europe exposure
Dividend stocks in the U.S. and Singapore
Bond ETFs or SSBs for capital preservation

You don’t need to abandon U.S. equities—just balance your portfolio better.

5. Review Your CPF & SRS Portfolios

If you’ve used SRS to invest in index funds or REITs, remember:

These are long-term tax-deferred investments.
Don’t panic sell based on short-term dips.

If you’re investing your CPF OA in equities, make sure the risk is aligned with your age and retirement plans. Consider a mix of:

Endowus Flagship CPF Portfolios
LionGlobal Infinity 500 (CPFIS-approved S&P 500 tracker)
Conservative bond funds for older investors

6. Park Emergency Funds in SSBs or T-Bills

While markets are volatile, it’s smart to park short-term cash in safe instruments like:

Singapore Savings Bonds (SSBs) – Now yielding ~3.3% over 10 years
6-month T-bills – Yielding ~3.7–4.0%
High-interest savings accounts – With Singlife, UOB One, or OCBC 360

But don’t confuse emergency savings with long-term investing. They serve different purposes.

7. Consider “Barbell” Strategy

One smart approach during uncertainty:

Core holdings: Broad-based ETFs and dividend-paying blue chips
Tactical bets: Small positions in growth stocks or sector plays (e.g., energy, AI, green tech)
Defensive buffer: Cash, bonds, and REITs with stable yields

This gives you upside potential while managing downside risk.

✨ Final Thoughts: Stay Calm, Stay Invested

The current market drop feels scary—but remember: every crisis has eventually passed. The best investors don’t react emotionally. They observe, learn, and take advantage of market inefficiencies.

For Singaporean investors, this is a time to:

Revisit your strategy
Stay diversified
Continue investing systematically
Focus on long-term goals like financial freedom or early retirement

Corrections test your discipline, but they also offer opportunity.

🧘‍♂️ “The stock market is a device for transferring money from the impatient to the patient.”
— Warren Buffett

S&P 500 Bloodbath: What Just Happened and What Investors Should Do Now

In a matter of days, the mood on Wall Street shifted from optimism to panic. The S&P 500, widely seen as the benchmark for U.S. equities, suffered a sharp and sudden decline, wiping out billions in market value and shaking investor confidence across the globe. Terms like “bloodbath” and “market carnage” are now dominating headlines.

But what’s behind this dramatic drop—and more importantly, what should you do as an investor navigating these uncertain waters?

Let’s unpack what happened, why it matters, and how you can respond with clarity and discipline instead of fear.

📉 What Triggered the S&P 500 Sell-Off?

Market corrections are rarely driven by a single factor. Instead, they tend to be the result of multiple negative catalysts converging at once. Here’s a breakdown of the key factors fueling the recent S&P 500 decline:

1. Sticky Inflation and Interest Rate Jitters

Despite earlier hopes that inflation was cooling, recent data showed that core inflation remains stubbornly high, prompting fears that the U.S. Federal Reserve may keep interest rates elevated for longer than expected—or even raise them further.

Higher interest rates reduce the attractiveness of equities (especially growth stocks) and increase the cost of borrowing for businesses and consumers. This is bad news for corporate earnings and overall economic growth.

2. Geopolitical Tensions

From conflicts in the Middle East to ongoing concerns around China and Taiwan, geopolitical instability adds a layer of risk that spooks investors. Uncertainty around global supply chains, oil prices, and defense spending are weighing on investor sentiment.

3. Tech Stock Reversal

For much of the past year, tech giants like Apple, Nvidia, and Microsoft were propping up the market. But in recent weeks, tech stocks have taken a hit, with investors rotating out of expensive valuations and into safer assets like bonds and gold. As the biggest names in the S&P 500 fall, so does the index.

4. Bond Market Volatility

The U.S. 10-year Treasury yield surged past key resistance levels, signaling trouble. Rising yields make bonds more attractive relative to stocks and signal tighter financial conditions. This often precedes a slowdown in the economy.

5. Earnings Disappointments

While some companies beat earnings expectations, others—including key consumer discretionary and industrial firms—missed the mark. With recession fears resurfacing, the market is re-pricing stocks to reflect lower growth potential.

💡 Why This Isn’t the End of the World

While the drop may feel alarming, it’s essential to put things into context.

Corrections are normal. Historically, the S&P 500 experiences a 10% correction once every 12–18 months. It’s part of the market’s natural rhythm.
The long-term trend remains upward. Despite past crashes—the dot-com bust, the 2008 financial crisis, and the 2020 COVID meltdown—the market has always recovered and reached new highs.
Short-term volatility ≠ long-term failure. Panic selling in downturns often leads to missed recoveries. Staying invested is one of the most powerful strategies over time.

👥 What Should Investors Do Now?

Market downturns are where real investors are made. Here’s a smart game plan to navigate this uncertainty:

1. Don’t Panic—Zoom Out

When prices are falling fast, your instinct might be to sell everything. But this often locks in losses. Instead, take a breath and look at the long-term chart of the S&P 500. Even with bear markets, the long-term trajectory has always been up.

📊 Fun Fact: If you invested $10,000 in the S&P 500 in 2000 and held through the dot-com crash, GFC, and COVID crash, your portfolio would still have grown significantly by 2024.

2. Revisit Your Investment Strategy

Ask yourself:

What’s my time horizon? If you don’t need the money for 5–10 years, short-term dips are just noise.
Am I diversified enough? Ensure your portfolio isn't overly concentrated in volatile sectors.
Is my risk tolerance aligned with my portfolio? If you're losing sleep, it might be time to adjust your allocation.

Consider balancing growth stocks with value, dividends, or defensive sectors like utilities and healthcare.

3. Build a Watchlist and Go Bargain Hunting

Bear markets often create buying opportunities. Look at quality companies with strong balance sheets, steady cash flow, and durable competitive advantages. These businesses tend to rebound faster when the market turns.

Some investors adopt a dollar-cost averaging (DCA) strategy—investing a fixed amount regularly regardless of market conditions. This can help you avoid trying to “time the bottom.”

4. Keep Some Cash Dry

While staying invested is key, having some cash on hand allows you to:

Handle emergencies without selling at a loss
Take advantage of dips by buying quality assets at a discount

Aim for 3–6 months of expenses in an emergency fund, and if possible, set aside a portion for opportunistic investments.

5. Tune Out the Noise, But Stay Informed

Financial media often amplifies fear during market crashes. Stay informed—but don’t let headlines dictate your decisions. Focus on:

Economic fundamentals
Corporate earnings trends
Fed policy direction
Long-term market indicators

Avoid making emotionally driven decisions based on day-to-day fluctuations.

6. Consider Defensive Moves—But Stay Invested

If you’re nearing retirement or have low risk tolerance, consider:

Shifting some allocation to dividend-paying stocks
Adding low-volatility ETFs
Increasing bond exposure, now that yields are more attractive

But resist the urge to completely exit the market. Missing the best 10 market days over a decade can dramatically reduce your returns.

🧠 What the Pros Are Saying

Many institutional investors and analysts view this correction as healthy and long overdue after years of cheap money and inflated valuations. They’re not running for the hills—instead, they’re positioning for the long game.

Some smart money strategies include:

Rotating from growth to value
Increasing exposure to international markets
Adding inflation-protected assets like TIPS or commodities

Final Thoughts: Stay the Course

The recent S&P 500 sell-off feels intense—but it’s not unprecedented. Markets move in cycles. Volatility, while unpleasant, is the price investors pay for long-term growth.

Whether this turns into a full-blown bear market or just a passing correction, the best thing you can do is stick to your investment principles, remain diversified, and avoid rash decisions. As Warren Buffett says, “Be fearful when others are greedy and greedy when others are fearful.”

Now’s not the time to panic—it’s the time to plan.

Build a Passive income Portfolio in Singapore as a passion project

How to Build a Passive Income Portfolio in Singapore

Introduction

Building a passive income portfolio in Singapore is a great way to achieve financial independence and ensure a steady cash flow even after retirement. With a well-structured strategy, you can earn consistent income without actively working for it. This guide will help you understand the best passive income options available and how to create a sustainable portfolio tailored to your financial goals.

1. Understanding Passive Income

Passive income refers to earnings that require minimal effort to maintain. Some of the most popular passive income sources in Singapore include:

Dividend stocks
Real Estate Investment Trusts (REITs)
Bonds and Fixed Deposits
Exchange-Traded Funds (ETFs)
Rental income from property investments
Peer-to-peer lending & alternative investments

To create a diversified passive income portfolio, it’s essential to mix different asset classes based on your risk appetite and financial objectives.

2. Dividend Investing in Singapore

Dividend investing is a popular strategy where investors purchase stocks that pay regular dividends. Here’s how to get started:

Best Dividend Stocks in Singapore

Some well-established dividend-paying stocks on the SGX include:

DBS Group (SGX: D05) – Consistent high dividends from banking.
Singapore Telecommunications (SGX: Z74) – Stable dividends from telecom services.
Keppel Corporation (SGX: BN4) – Reliable dividends from diversified businesses.
ST Engineering (SGX: S63) – Strong payouts from defense and engineering.

How to Choose Dividend Stocks

Look for Dividend Yield (%) – A higher yield means higher returns.
Check Dividend Payout Ratio – Ensure the company can sustain dividends.
Analyze Company’s Financial Health – Stable earnings and revenue growth.
Consider Dividend Growth History – Companies with consistent dividend increases are ideal.

3. Investing in REITs for Passive Income

Real Estate Investment Trusts (REITs) allow you to earn rental income without owning physical properties. Singapore REITs (S-REITs) distribute at least 90% of their income as dividends.

Best Singapore REITs for Passive Income

CapitaLand Integrated Commercial Trust (SGX: C38U) – Retail and office properties.
Mapletree Logistics Trust (SGX: M44U) – Industrial and warehouse properties.
Ascendas REIT (SGX: A17U) – Business parks and data centers.
Frasers Centrepoint Trust (SGX: J69U) – Suburban malls with strong foot traffic.

How to Pick the Right REITs

Check Dividend Yield & Distribution Per Unit (DPU)
Look at Occupancy Rate & Rental Growth
Analyze Gearing Ratio (Debt Levels)
Diversify across different property sectors (retail, commercial, industrial, healthcare, etc.)

4. Fixed Income Investments: Bonds & Fixed Deposits

If you prefer lower-risk passive income, bonds and fixed deposits provide steady interest payouts.

Singapore Savings Bonds (SSB)

Low-risk, government-backed bonds.
Interest rates increase the longer you hold.
Can withdraw anytime without penalties.

Corporate Bonds

Higher returns than government bonds.
Issued by companies like DBS, OCBC, and Singtel.
Consider credit ratings and risk levels.

Fixed Deposits

Guaranteed returns with minimal risk.
Best for short-term savings (6-24 months).
Compare interest rates from banks like DBS, UOB, and OCBC.

5. ETFs for Long-Term Passive Growth

Exchange-Traded Funds (ETFs) offer diversified exposure with minimal effort.

Best ETFs in Singapore

Nikko AM STI ETF (SGX: G3B) – Tracks the Straits Times Index (STI).
Lion-Phillip S-REIT ETF (SGX: CLR) – Focuses on Singapore REITs.
SPDR Gold Shares ETF (SGX: O87) – Invests in physical gold for stability.
Vanguard Total World Stock ETF (VT) – Global equity exposure.

ETFs provide a good mix of capital growth and dividend income, making them ideal for passive investors.

6. Alternative Passive Income Sources

For diversification, consider other passive income options:

Rental Income – Invest in residential or commercial properties.
Peer-to-Peer Lending – Platforms like Funding Societies offer fixed interest returns.
Digital Products & Online Businesses – E-books, courses, affiliate marketing.

7. Portfolio Allocation Strategy

Your portfolio allocation depends on your risk tolerance:

Conservative Investors (Low Risk, Stable Returns)

50% Bonds & Fixed Deposits
30% REITs
20% Dividend Stocks

Balanced Investors (Moderate Risk, Growth & Income)

40% Dividend Stocks
30% REITs
20% Bonds & Fixed Deposits
10% ETFs

Aggressive Investors (High Risk, High Growth)

50% Dividend Stocks
30% REITs
10% ETFs
10% Alternative Investments

Conclusion

Building a passive income portfolio in Singapore requires strategic planning and diversification. By investing in dividend stocks, REITs, bonds, and ETFs, you can create a stable and growing income stream over time. Start small, reinvest your earnings, and adjust your strategy as your financial goals evolve.

🚀 Start your passive income journey today and work towards financial freedom!

Annuity plans complementing CPF Life

Annuity plans are pivotal in ensuring a stable income stream during retirement, complementing Singapore's CPF Life scheme. These plans involve periodic contributions during one's working years, culminating in regular payouts upon retirement. Given the diverse annuity options available in Singapore, it's essential to understand their features and benefits to select one that aligns with individual retirement goals.

Key Features to Consider in Annuity Plans:

Premium Payment Terms: Options range from single premiums to regular contributions over specified periods (e.g., 5, 10, 15, or 20 years).
Income Payout Duration: Plans may offer fixed-term payouts (e.g., 10, 20, or 30 years) or lifetime income streams.
Disability Benefits: Additional support if the policyholder becomes unable to perform certain daily activities.
Unique Features: Some plans provide retrenchment benefits, escalating payouts to counter inflation, or special condition benefits.

Comparative Overview of Three Annuity Plans in Singapore:

Manulife RetireReady Plus (III):
- Premium Payment Options: Single premium or over 5, 10, 15, 20, or 25 years.
- Income Payout Duration: Choices include 5, 10, 15, 20 years, or lifetime payouts.
- Disability Benefits: Provides up to twice the Guaranteed Monthly Income (GMI) if the policyholder cannot perform 3 out of 6 activities of daily living.
- Unique Features: Offers a retrenchment benefit, providing a lump sum payout upon retrenchment to minimize disruptions to retirement goals.
- Payout Illustration: For a 35-year-old opting for a $1,000 GMI over a 20-year payout period, the annual premium is approximately $17,244.
Singlife Flexi Retirement II:
- Premium Payment Options: Single premium or over 5, 10, 15, 20, or 25 years.
- Income Payout Duration: Flexible periods ranging from 5 to 35 years.
- Disability Benefits: Doubles the GMI if the policyholder cannot perform 2 out of 6 activities of daily living.
- Unique Features: Offers competitive premiums with high guaranteed income and flexibility in income payout options.
- Payout Illustration: For a 35-year-old aiming for a $1,000 GMI over a 20-year payout period, the annual premium is approximately $13,184.
NTUC Income Gro Retire Flex Pro:
- Premium Payment Options: Single premium or over 5, 10, 15, 20, 25, 30, or 35 years.
- Income Payout Duration: Options include 10, 20 years, or lifetime payouts.
- Disability Benefits: Provides a premium waiver or 50% of the GMI upon disability.
- Unique Features: Includes a retrenchment benefit, offering a premium waiver for up to six months if the policyholder faces unemployment.
- Payout Illustration: For a 35-year-old seeking a $1,000 GMI over a 20-year payout period, the annual premium is approximately $15,792.

Conclusion:

Selecting the right annuity plan requires careful consideration of one's retirement objectives, financial capacity, and desired income stability. Manulife RetireReady Plus (III) stands out for its comprehensive disability benefits and retrenchment support. Singlife Flexi Retirement II offers flexibility with competitive premiums and high guaranteed income. NTUC Income Gro Retire Flex Pro provides a balance between premium affordability and essential benefits. Prospective policyholders should assess these features in line with their retirement aspirations to ensure financial security in their later years

Example of saving tax

Key Tax-Saving Strategies Based on example of a husband earning $140k and wife earning $60k per annum.

1️⃣ Personal Income Tax Planning

Without Reliefs:

Husband tax (on $140,000) = $10,950
Wife’s tax (on $60,000) = $1,950
Total family tax bill = $12,900

2️⃣ Claiming Child-Related Reliefs

Since you and your wife have 3 children, you can claim:

Qualifying Child Relief (QCR):
- $4,000 × 3 = $12,000 (either parent can claim)
Working Mother’s Child Relief (WMCR) for your wife:
- 1st child: 15% of her income = $9,000
- 2nd child: 20% = $12,000
- 3rd child: 25% = $15,000
- Total WMCR = $36,000
Total Reliefs Claimed (QCR + WMCR) = $48,000

📌 Impact:

Your wife’s taxable income drops from $60,000 to $12,000 → She pays $0 tax!
Your taxable income drops from $140,000 to $128,000 → You save $240 in tax.

3️⃣ CPF Top-Ups for More Tax Savings

If you top up $8,000 to your CPF SA/RA, you get $8,000 tax relief.
If you top up $8,000 to your wife’s CPF SA/RA, you get another $8,000 relief.
Total CPF Top-Up Tax Relief = $16,000.

📌 Impact:

Your taxable income drops from $128,000 to $112,000 → You save $1,840 in tax!

4️⃣ Supplementary Retirement Scheme (SRS) Contributions

If you contribute $15,300 to SRS, you get $15,300 tax relief.

📌 Impact:

Your taxable income drops from $112,000 to $96,700 → You save another $1,400+ in tax.

5️⃣ Parent Relief

If you support your parents (aged >55 & earning <$4,000), you can claim:
- $9,000 per parent (if living with you).
- $5,500 per parent (if not living with you).

📌 Impact:

If you claim $9,000 for one parent, your taxable income drops from $96,700 to $87,700 → You save another $880.

💰 Final Tax Savings Summary

Strategy	Tax Savings ($)
Child Relief (WMCR + QCR)	$2,190
CPF Top-Ups (Self & Spouse)	$1,840
SRS Contribution	$1,400
Parent Relief (One Parent)	$880
Total Savings	$6,310 per year

💡 Your new tax payable: $4,640 (vs. $10,950 before).

💡 Your wife’s new tax payable: $0 (vs. $1,950 before).

🔹 Total Family Tax Savings = $6,310 per year!
🔹 Over 8 years, that’s $50,480 saved! 🎉

Additional tax-savings strategies

Here are additional tax-saving strategies you can use to optimize further:

1️⃣ CPF Top-Ups for Tax Relief

Voluntary CPF Top-Ups (Up to $16,000 tax relief per year)

Self CPF Top-Up: Up to $8,000 tax relief if you voluntarily contribute to your CPF Special Account (SA) or Retirement Account (RA).
Family CPF Top-Up: Another $8,000 relief if you top up your spouse’s, parents’, or siblings’ CPF (if they earn below $4,000 annually).

📌 Extra Tax Savings:

If you contribute $16,000 annually, your taxable income drops further, saving you another $1,600 to $2,000 per year in taxes.
Over 8 years, this adds up to $12,800 - $16,000 in tax savings.

2️⃣ Supplementary Retirement Scheme (SRS) Contributions

You can contribute up to $15,300 per year (for Singaporeans/PRs) into an SRS account.
Contributions reduce your taxable income immediately.
Money can be withdrawn after age 62, and only 50% is taxable.

📌 Extra Tax Savings:

If you contribute $15,300 per year, you can save an extra $1,500+ per year in taxes.
Over 8 years, this is an additional $12,000+ in tax savings.

3️⃣ Claim All Family-Related Tax Reliefs

Spouse and Parent Reliefs

Spouse Relief: $2,000 (if spouse earns <$4,000).
Handicapped Spouse Relief: $5,500 (if applicable).
Parent Relief: $9,000 (if parents aged >55 & earn <$4,000).
Handicapped Parent Relief: $14,000 (if applicable).

📌 Extra Tax Savings:

If claiming Spouse + Parent Relief, you can reduce taxable income by $11,000 - $16,000, saving $1,100 - $1,600 per year.
Over 8 years, this adds up to $8,800 - $12,800 in tax savings.

4️⃣ Rental Property Tax Deductions

If you own a rental property, you can deduct expenses like:
✅ Mortgage interest
✅ Property tax
✅ Repairs & maintenance
✅ Agent fees

📌 Extra Tax Savings:

If your rental expenses are $10,000 per year, you avoid paying $1,000+ in taxes per year.
Over 8 years, that’s another $8,000+ in tax savings.

💰 Total Additional Tax Savings Over 8 Years

Strategy	Estimated Tax Savings Per Year	8-Year Savings
CPF Top-Ups	$1,600 - $2,000	$12,800 - $16,000
SRS Contributions	$1,500+	$12,000+
Family Reliefs (Spouse & Parents)	$1,100 - $1,600	$8,800 - $12,800
Rental Property Deductions	$1,000+	$8,000+
Total Additional Tax Savings	$5,200+	$41,600+

👉 Grand Total Tax Savings (Including Child Reliefs)
$60,600 + $41,600 = $102,200+ over 8 years! 🎉

An example of a family with 3 children if did not claim reliefs for 8 years with an annual income of $120k, how much will the family save in terms of taxes in Singapore

Let's break this down step by step:

Assumptions:

One parent earns $120,000 per year.
Did not claim any reliefs for the past 8 years.
The family has 3 children.
The mother is working (eligible for Working Mother’s Child Relief (WMCR)).
Reliefs are applied retrospectively for the last 8 years.

Taxable Income Without Reliefs:

Without claiming reliefs, taxable income = $120,000.

Based on Singapore’s personal income tax rates, the annual tax payable would be calculated as:

Chargeable Income ($)	Tax Rate	Tax Payable ($)
First 20,000	0%	0
Next 10,000	2%	200
Next 10,000	3.5%	350
Next 40,000	7%	2,800
Remaining 40,000	11.5%	4,600
Total Tax Payable		$7,950

So, without reliefs, annual tax = $7,950.

Applying Reliefs (Tax Savings)

1. Qualifying Child Relief (QCR)

Each child = $4,000 relief.
3 children = $12,000 relief.

2. Working Mother’s Child Relief (WMCR)

1st child: 15% of income = $18,000
2nd child: 20% of income = $24,000
3rd child: 25% of income = $30,000
Total WMCR = $72,000

3. Earned Income Relief

Assumed working parent gets $1,000.

Total Reliefs Applied

QCR: $12,000
WMCR: $72,000
Earned Income Relief: $1,000
Total Reliefs = $85,000

New Taxable Income

$120,000 – $85,000 = $35,000

Using tax rates:

Chargeable Income ($)	Tax Rate	Tax Payable ($)
First 20,000	0%	0
Next 10,000	2%	200
Remaining 5,000	3.5%	175
Total Tax Payable		$375

Total Tax Savings Per Year

Before reliefs: $7,950
After reliefs: $375
Annual tax savings = $7,575

Tax Savings Over 8 Years

$7,575 × 8 years = $60,600 in tax savings!

Tax reliefs to claim and up to how many years

Filing taxes are easy in Singapore. If you are a salaried worker. Most likely your employer will be included in the IRAS and you need not file for your income and bonuses. It is automatically included in your IRAS filing. However the reliefs are not that straight forward. I have friends who did not apply for the reliefs thinking that it is automatic as well. No they cannot be more wrong. You got to file for your reliefs. If you have children who are still schooling and are not working. Do file to get your reliefs. You will be savings thousands of dollars.

I have a friend who did not file for his child reliefs for 8 years when he was back in Singapore working. He have missed out for the past 8 years. I asked him to book an appointment with IRAS, IRAS did feedback him they can assist him to claim back 4 years. However the other years that he did not claim reliefs, they cannot do anything. I'm puzzled on this as i thought IRAS would have records up to whole life time for people who are working in Singapore. Nevertheless i told my friend to try writing to his MP for help. To see whether MP can help him out there. From my calculations he will be savings $10k - $20k tax as his income is also quite high. Hopefully his MP will be able to help him out. A dollar save is a dollar earn for this economy as cost of living has went up significantly for the past 5 years.