Quote:
Originally Posted by Unregistered
Me & wife, both 35, combine income $260K
Supporting 1 kid & 1 aging parent
5rm HDB & no cars
CPF, cash & stocks around $400K
We lead a simple lifestyle. However i always feel we are too conservative & not brave enough to leverage in property. Hence missing the boat during property boom.
In a year or two we plan to sell the HDB & get 2 condos. One moderate size unit for own stay & another smaller one to rent out. But we'll see how the market goes. |
That's a good plan, but I think you should start saving more. 400k in savings is pretty low for a 260k pa combined income.