i chanced upon this website from a URL referral from another website. find it interesting and hence i leave this comment here.
me 37 working, wife 38 housewife, 3 kids
cash: 3.1 million
stocks: 679k
cpf: 320k
condo: NONE
hdb: bought in 1996 when earning <5k salary, left 78k
hdb 16yr of loan
cars: 2x >3Litres conti cars
now, before anyone say this is bullsh1t, i will tell you the way to go.
NEVER buy into the singaporean dream of condo and property, its heavily manupilated by the govt, the small market and its developers. stocks are liquid enough and good when everyone is in fear. how to see this? when you see people dumping their fancy properties and ferraris at firesale price. BUY! i admit i am not an expert, but i use a 8 mth lead moving averages of indices to all sgp asset prices. it worked the last 2 recession. however, i must also admit that now, with massive dollar printing all over the world, holding cash now is worrisome too but i will still NOT buy singapore properties no matter what. stay in
HDB, take hdbloan of 2.6% if your salary level permits. earn enough $ and relax out of the rat race like me. i am taking 20k salary per month now with minimum 2month AWS until the day i decide to quit going to office.
live long and prosper. good luck.