You are amomg the lucky few who benefited from the enbloc frenzy. You must be grateful and donate your gains to the poor and needy. Don't waste your wealth on wasteful things.
Had you not got the enbloc, you will just be ordinary.
Quote:
Originally Posted by Unregistered
At 42, we had almost zero $ in our CPF OA. Whatever $ we have were in our MA and SA. Cash wise we had about $15k.
Not only that, we were also $400k+ in debt because we were holding onto 2 condos at that time. Our mortgage payment was $60k a year of which $20k+ was due to interest payment.
After one of the condos went enbloc, our finances improved dramatically.
Now, in our 50s, we again have 2 condos, almost $2m in our CPF (combined total of OA, SA, MA and RA), $1m in stocks and $500k in FDs and bonds and $50k cash.
To reward ourselves we have a car each. |