Life's good in GP land. Was a full time locum before when I earned more but I realise one thing. My networth only goes up exponentially with our (me and hubby) property investments. Earning a Dr's salary is good only for leveraging and getting loans with banks for property investments. Only used to save S$30k a year from salary, now less probably less from salary but same if count in stock returns.

But property is where the real money is. We just sold our freehold condo to buy a freehold terrace at S$600k below valuation. Better still, today just found out neighbouring sold for much higher. If we sell at their buying psf, already made S$1 mil plus and we haven't even exercise our option yet.

Banks loan u higher if u can showfunds which is what we r doing. Though not supposed to use the showfunds towards payment of the property but the bankers all close one eye.

So while u guys earn a stable high salary, use it well to leverage on property loans.

With Population White Paper of 6.9 mil by 2030 and limited land, freehold landed property will outperform. Sg already attracting record number of millionaires.

We previously had another freehold terrace which we sold to a Pinoy New citizen and now r selling our condo to a China PR HDB upgrader. So this is one great plus about having rich foreigners become PRs and NC.

Used to oppose PAP's foreign worker policy but now I see it's benefits.