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Old 10-03-2016, 10:59 AM
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Originally Posted by Unregistered View Post
just to share our financials. both me & wife are mid 40s.
1.own a 3 bedroom condo value at $1.3m. No loan.
2.cpf and cash $1.0m. waiting for property market to crash
3.1 year old luxury car. no loan

i guess we are just middle class
you are upper-middle...

if you are middle class, then what class do you consider those with a 300k-600k HDB with loans, small japanese car with loan, cpf+cash less than 500k? Lower class? How about those living in 3room flats and below? Peasant class? Those ARE THE MIDDLE CLASS and they constitute the majority of the population....not you guys (if you are honest with what you typed. If you consider yourself 'middle class', do you want the government to give you more tax relief and handouts?

You are basically the guy in the show, 'silicon valley', kept calling himself a 'poor peasant' for having only about $100million in asset because his group of circle consisted of only billionaires.

Financial assessment is to be done OBJECTIVELY, not SUBJECTIVELY.
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