Quote:
Originally Posted by Unregistered
Wish you the best.
Personally, I do not count my HDB and its loan in my net worth. In fact, I only closely track cash + shares. I would include investment property too, but I don't have one yet.
I'm 36, wife 35. Cash + shares = 800k
Hope to hit 1m in another 2 years. |
800k is nothing to shout about. we know it looks good to some people, but (no offense) compared to many others, it's really nothing.
we made 100k from a condo investment (co-invested with a close relative), another 200k from shares which we bought 2 years ago when very few people were buying. all these profits have been realized. still keeping some shares now, worth about 200k.
the remaining 500k is through sheer disciplined saving. we've been working for more than 10 years, with above average salaries (definitely not "high earners" though). i don't think it's hard to save an average of 50k a year over 10+ years. we lead a normal
hdb life, with a jap MPV and 2 kids and parents both sides to support.
i hope the seniors here who have achieved so much more can share how they did it.
-d