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10-01-2013, 05:44 PM
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ntsGastArches
Quote:
Originally Posted by Unregistered
1k/mth needs about 1m. Is that very out of this world?
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Haha, the two posts; this one and the previous questioning the possibility of earning 1K/mth bank interest -- this is a classic manifestation of wealth divide. The guy on the wrong side of the wealth divide just could not imagine / believe people can earn such interests from the banks.
Like someone once said The rich gets richer, the poor gets clueless.
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10-01-2013, 07:31 PM
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age 36, married. i work as a Manager (IT), wife not working now
our modest passive income:
interest : around $350 per month ($580K in savings account)
dividends : around $750 per month ($160K in reits)
money market account: around $50 per month ($35K in account)
total passive income: $1150 per month
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10-01-2013, 09:30 PM
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iphone apps - $3k
websites - $3k
dividends - $500 (market value of shares $300k)
interests - $500 (about $500k in lousy time deposits)
net income from rental - $1k
job - $30k (together with wife)
not getting rich any time soon.
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10-01-2013, 09:36 PM
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Working in the logistics line and 39 this year...
stocks and reits = $3900 per month
interest from banks and bonds = $1100 per month
rent from HDB = $2400 per month
annutities = $900 per month
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10-01-2013, 11:25 PM
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You have a lot of cash. too much? I.e. $740k. Can easily down a pty? Me, small stand-by cash left after downing and staying in private. Passive: $2,500 from HDB. full-stop.
Quote:
Originally Posted by conservative investor
age 36, married. i work as a Manager (IT), wife not working now
our modest passive income:
interest : around $350 per month ($580K in savings account)
dividends : around $750 per month ($160K in reits)
money market account: around $50 per month ($35K in account)
total passive income: $1150 per month
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11-01-2013, 12:22 AM
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Quote:
Originally Posted by Unregistered
Rental income $16k
FD interest $1.2k
Dividends $4k
36 years old, banker
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rich! give others a chance please.
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11-01-2013, 02:36 AM
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Quote:
Originally Posted by Unregistered
You have a lot of cash. too much? I.e. $740k. Can easily down a pty? Me, small stand-by cash left after downing and staying in private. Passive: $2,500 from HDB. full-stop.
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i already have a double-storey freehold terrace (for own stay, not to rent out). not keen on adding an investment property now as the ones which i am interested in are quite expensive.
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