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Old 12-05-2018, 10:40 AM
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My wife and I are 31 and 34 respectively, both local graduates.
Been working for the past 8+, close to 9 years now, in private sector.
We're a small family of 3 (with a newborn).

Combined work income on an annual basis is around $340-350k. We expect this to continue to rise as our careers continue to progress.
We have a 5 room flat which was bought when we just graduated. It is worth around $500k now (bought it at around $400k). We're still servicing the bank loan with our CPF. Not paying it off as the money in CPF earns a higher interest than the bank loan interest rate.
Drives a continental SUV, minimum loan still outstanding - took the minimum and shortest possible loan when we bought the car.
We are quite heavily vested in equity (~$500k or so, returning anywhere between 4-8% dividend yields for the past few years and also experiencing capital appreciation).
We typically keep about 2/3 of our annual income as cash and inject the excess into more equity.
We also own an industrial property worth around $1m, getting monthly rental income to offset the bank loan installments, maintenance fees, property tax etc (barely).

Our investment strategy is to have more exposure to equity which is higher risk when we're in our 30s and slowly shift our portfolio towards a less aggressive one (more fixed income/bonds) as we go into our 40s.

How does this compare and for those who have been there and done that, what would be your advice for us moving forward?
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