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Old 06-05-2016, 09:34 AM
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working couple age 35, with 2 pre school kids.
half paid condo (1.02mil - 0.48mil), net = 540k
half paid new car, net = 60k
stock investment: 1.1mil
other investment: 162k
cPF combined: 175k
bank deposit: 500k

So total net at ~2.5ml.



Quote:
Originally Posted by Finance Controller View Post
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.
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