Money and Me: Sold your property? What should you do with the money?  

 

Selling your property could leave you with hundreds of thousands of dollars, but how much of that money is actually yours to use? After repaying your mortgage, refunding CPF savings and covering selling costs, what's the smartest way to manage the proceeds? Should you buy another property, invest in stocks or bonds, pay off debts or set aside money for retirement? Lance Alexander speaks with Grace Tay, Associate Director, Finexis Advisory to explore how Singapore homeowners can make the most of their property sale proceeds, with practical examples and common financial mistakes to avoid.