 |
|
19-04-2010, 05:26 PM
|
|
|
He spent most of his money on his terrace house.
Age: 32
Annual Income: 65k (inclu. AWS and bonus)
Cash: 12k
Investment (UT + stocks): 108k Cash; 59k CPF
Others (Endowment + Bank investment plan): 54k potentially in another 10yrs time
Property: HDB EA flat (worth ~480k now; 220k loan to HDB)
Car: still owe bank ~15k (to date, the scrap value is 10k)
Do you think I'm a loser? I have been working for almost 9yrs and due to last year's financial crisis, I was retrenched and switched job with 10% paycut.
Now, when I compare with my peers (same batch from uni), I'm earning less than them. But I'm not too sure on the comparison in terms of net worth...
|
19-04-2010, 06:48 PM
|
|
|
Quote:
Originally Posted by Unregistered
He spent most of his money on his terrace house.
Age: 32
Annual Income: 65k (inclu. AWS and bonus)
Cash: 12k
Investment (UT + stocks): 108k Cash; 59k CPF
Others (Endowment + Bank investment plan): 54k potentially in another 10yrs time
Property: HDB EA flat (worth ~480k now; 220k loan to HDB)
Car: still owe bank ~15k (to date, the scrap value is 10k)
Do you think I'm a loser? I have been working for almost 9yrs and due to last year's financial crisis, I was retrenched and switched job with 10% paycut.
Now, when I compare with my peers (same batch from uni), I'm earning less than them. But I'm not too sure on the comparison in terms of net worth... |
Are the above numbers combined with spouse? If not, do you own 100% of the EA flat's net value?
|
19-04-2010, 11:57 PM
|
|
|
Quote:
Originally Posted by Unregistered
Are the above numbers combined with spouse? If not, do you own 100% of the EA flat's net value?
|
The above numbers are my own, w/o spouse. Except for the EA whereby me and my spouse co-owned the unit. We share the loan equally as well.
|
20-04-2010, 02:11 PM
|
|
|
Quote:
Originally Posted by Unregistered
The above numbers are my own, w/o spouse. Except for the EA whereby me and my spouse co-owned the unit. We share the loan equally as well.
|
The numbers are pretty decent, considering you are not a very high income earner. My net worth is about 650k. Combined with spouse, it will be 1.3m. We are 35-36 years old. Our combined income is about 220k.
|
08-05-2010, 01:38 PM
|
|
|
Age 27
Stocks: 80K cash CPF 12K
Remaining in CPF OA: 25K
Debts: 0
Cash: 4K
I am not sure how I am doing but looking at all the rest here, it seems that I am just average
|
01-06-2010, 07:45 PM
|
|
|
me age 39
5 room HDB fully paid $400k
cash 10k
cpf 0k
scooter worth $100
monthly income $4k
|
02-06-2010, 12:57 AM
|
|
|
38 from india, in sales, 10 yrs in sg
cash 1.05mill; cpf 0.2mill
renting (but thinking of buying)
how does this compare ?
|
02-06-2010, 12:01 PM
|
|
|
Quote:
Originally Posted by Unregistered
38 from india, in sales, 10 yrs in sg
cash 1.05mill; cpf 0.2mill
renting (but thinking of buying)
how does this compare ? |
30 from india, in sales, 3 yrs in sg
cash 2.5mill; cpf 0.6mill
own a condo(1.5mil)
you FAIL!
|
02-06-2010, 01:36 PM
|
|
|
ever poorer man
When I was 35, I had 60kS$, about 120kcpf, 15kS$ shares. one fully paid flat which should not count. I consider myself near poverty level.
I took one huge bet and went to China. doing quite okay now, but never too late.
|
02-06-2010, 03:14 PM
|
|
|
Quote:
Originally Posted by Unregistered
When I was 35, I had 60kS$, about 120kcpf, 15kS$ shares. one fully paid flat which should not count. I consider myself near poverty level.
I took one huge bet and went to China. doing quite okay now, but never too late.
|
u paid ur flat and still have 120k cpf? y so little cash if u earn so much? a financial retard like u can do ok in china? of coz u can be damn lucky, but u wont always be, so dont give wrong advice to others.
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
