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Old 02-05-2012, 03:11 PM
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Quote:
Originally Posted by Unregistered View Post
Age:53
Occupation: single income in stockbroking
Property: $6.6m (3 properties, one houses parents, other is rented)
Stocks & Unit Trusts: $5.1m
CPF: $1.5m
Cash: $300K
Other Assets: A few cars
Loans: $3m (both property and margin financing)
Income: $450K (salary plus bonus - used to be higher when I worked harder) & $350K of passive income from rental, interest & dividends

We did gain $800K from sale of 1 property a few years ago, otherwise all of the value of the financial investments was through earning, saving and investing.
$1.5m in cpf, ur rather dumb.


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