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Thread: Whats your net worth
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Old 13-02-2011, 10:19 PM
mugster mugster is offline
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Originally Posted by 3838 View Post
38yrs old, wife and 1 girl

Combined Cash: 768K
Combined CPF: 29K (OA), 84.5K (SA)

Current value of flat: 550K
Outstanding House Loan:145K (only debt)
Stock: 4.5K
Combined Insurance current value: 103.3K

Total Networth: $1.394M

My annual total income: $100K (not so secure)
Wife annual total income: $50K

How could I grow from passive income?
Not looking to invest on prty as price is too high and need to pay 40% downpayment.
Non-risk taker in investment but willing to consider valuable blue chip stock as long term.

Aim to achieve $2M cash while still living in current HDB.

Thankful for valuable advise.
Congrats for being able to accumulate so much cash. To grow it you probably need to learn how to put the money to work harder for you. For example, just put your 750K cash into citibank stock. You can buy me coffee in some years time when you hit $2M
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