How much are you earning per annum?

Nothing beats a bloody company stock award.

A university friend of mine has been relocated to US for his work, company granted him a couple million stock grant.

US benefits
- Housing
- chaffeur
- stock grant
- huge pay


Still no girlfriend yet, he can get any girl he wants.

He goes to orchard and walks like a boss when he meets with us!!!!

You are doing very well bro. Not many people your age have paid off their condo mortgage. There are those in their forties who just got their EC and they are still on 80% loan! Can be as much as $800k mortgage! If their EC cost $1m, since they can take 80% loan, they would borrow $800k. And their home equity would only be $200k. If they have some savings and CPF, the most they have is $300k and so their net worth is only $500k. In comparison, your net worth is a HUGE $1.9m!

Originally Posted by Unregistered

47, $120k pa. Wife, 40, $50k pa. Our home is a 3 bedroom condo in the OCR, worth $1.4m, totally paid up. One teenage son. We own a 5 year old car, paid up. Our total cash and CPF savings $500k. Total net worth $1.9m.

We hope to retire when we reach 65 years old. By then, our son should be married and living in his BTO flat. We can then buy a small studio condo. We aim to have $1.5m worth of investments to give us a 4% dividend yield or $60k pa. Our CPF Life will give us $3k pm or $36k pa. Our passive income will be $96k pa. We don't need our son to give any allowance, if he does it will be a bonus. We don't think we will need a maid but we will still have a small car for the two of us to do marketing.

Originally Posted by Unregistered

COE poised to drop this time round as the global stock market goes for correction..... it's the start of the downtrend... Huat ah.

Bro, looks like COE will drop this Dec 2nd bidding. Things look very quiet today.

Originally Posted by Unregistered

Bro, looks like COE will drop this Dec 2nd bidding. Things look very quiet today.

The fun starts today from 3.30 pm onwards.

Cat A will likely cross $70k

Cat B will likely cross $78k

Enjoy the fun!!!

Originally Posted by Unregistered

The fun starts today from 3.30 pm onwards.

Cat A will likely cross $70k

Cat B will likely cross $78k

Enjoy the fun!!!

You are a genius! Really starts at 3:30pm!!

will today create history for a freakish result??

sianz.... wait long long for COE to crash....

Cat A is consolidating, this will be the last chance to get a new car before prices move higher in Jan 2015 as people will be buying for the CNY

Dont ever dream it will go to $30k unless there is a global crisis bigger than the 2008 crisis

In 2015 & 2016, 100,000 car owners each year will need to change to new cars. The demand for new cars will shoot up.

Originally Posted by Unregistered

Cat A is consolidating, this will be the last chance to get a new car before prices move higher in Jan 2015 as people will be buying for the CNY

Dont ever dream it will go to $30k unless there is a global crisis bigger than the 2008 crisis

In 2015 & 2016, 100,000 car owners each year will need to change to new cars. The demand for new cars will shoot up.

you are off in your prediction this round.

Cat A did not break $70k
Cat B did not break $78k

it consolidating, but it will move in a downward trend ....

Originally Posted by Unregistered

you are off in your prediction this round.

Cat A did not break $70k
Cat B did not break $78k

it consolidating, but it will move in a downward trend ....

You don't know the difference between consolidation and trend. We are still in an uptrend, the uptrend needs a breather before moving higher again.