Salary.sg Forums - View Single Post - Whats your net worth
View Single Post
  #2484 (permalink)  
Old 27-04-2016, 04:28 AM
Finance Controller
Guest
 
Posts: n/a
Question Worth The Wait

Currently valued at 650K F.D and 120K Bonds.

Recently sold investment property due to macro-economic instability, after mortgage is close to 300K net gains.

Lesson learn: My portfolio took a critical hit (mainly cause of one misstep) during the 08 crisis. The core focus as of now is to rebuild my current equity component as well as securing better financing deals - bit.ly/1SIptsR - from banking institutions. I could easily play leverage but again, taking a personal loan is much conservative bet.

A matter of fact is that my networth has declined significantly, can say approximately 15 per cent, which is pretty demoralizing but what to do - didn't really prepare a good warchest. As an old adage goes, opportunity favors the prepared mind but not for my current case. Just hope to turn out better these few years.

Alraon.
Reply With Quote