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09-05-2015, 04:03 PM
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Just came back from Lengkee showroom
What a crowd. People whipping out cheque books
Looks like COE will continue its rise back to $100k again.
Lucky I book my guaranteed COE at $70k for CatB. What a great deal.
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09-05-2015, 05:46 PM
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Wow!
You are so lucky. May I know how much you pay for your car? How much is your combined household income and net worth?
Quote:
Originally Posted by Unregistered
Just came back from Lengkee showroom
What a crowd. People whipping out cheque books
Looks like COE will continue its rise back to $100k again.
Lucky I book my guaranteed COE at $70k for CatB. What a great deal. |
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09-05-2015, 06:18 PM
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Quote:
Originally Posted by Unregistered
Wow!
You are so lucky. May I know how much you pay for your car? How much is your combined household income and net worth?
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Yes. Indeed feeling lucky.
Bought a Altis. Paid $113k.
My HH income is $120k pa, so it's only 10% of my annual income. Still manageable.
Net worth roughly $1mil. We are in our late 30s.
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09-05-2015, 07:02 PM
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Quote:
Originally Posted by Unregistered
Yes. Indeed feeling lucky.
Bought a Altis. Paid $113k.
My HH income is $120k pa, so it's only 10% of my annual income. Still manageable.
Net worth roughly $1mil. We are in our late 30s.
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That's great! You have done well! With a combined net worth of $1m in your 30s put you among the top 10% of your cohort. 10% of HH income is very manageable as long as you don't have bad habits such as drinking, smoking and gambling.
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09-05-2015, 09:46 PM
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Thanks for sharing. We plan to retire once our kids got married and move to their BTO flats. We aim to get a passive income of $40k pa to retire.
Quote:
Originally Posted by Unregistered
If you have a paid up hdb flat, then your expenses will only be (for two persons)
Food & groceries $1000 pm
Utilities $100 pm
Public transport $100 pm
Holidays (pro rated) $300 pm
Misc $200 pm
Total $1700 pm or $20.4k pm
So, if you have passive income of $30k pa or $2.5k pm, you can retire. |
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09-05-2015, 10:39 PM
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Quote:
Originally Posted by Unregistered
That's great! You have done well! With a combined net worth of $1m in your 30s put you among the top 10% of your cohort. 10% of HH income is very manageable as long as you don't have bad habits such as drinking, smoking and gambling.
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Oooh man you do know that nagging is a bad habit as well.....
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09-05-2015, 11:02 PM
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Quote:
Originally Posted by Unregistered
That's great! You have done well! With a combined net worth of $1m in your 30s put you among the top 10% of your cohort. 10% of HH income is very manageable as long as you don't have bad habits such as drinking, smoking and gambling.
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You forgot "womanising".
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09-05-2015, 11:54 PM
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Quote:
Originally Posted by Unregistered
That's great! You have done well! With a combined net worth of $1m in your 30s put you among the top 10% of your cohort. 10% of HH income is very manageable as long as you don't have bad habits such as drinking, smoking and gambling.
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How you know that is top 10%? From which survey or database?
I am in early 30s, earning >$150k pa and have net worth of $990k. Where am I in my cohort?
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10-05-2015, 10:08 AM
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Don't know whether it's the same guy who booked catB COE at $70k. Just wondering how come this guy replied saying he bought an Altis with it? Altis COE belongs to Cat A right?
Quote:
Originally Posted by Unregistered
Yes. Indeed feeling lucky.
Bought a Altis. Paid $113k.
My HH income is $120k pa, so it's only 10% of my annual income. Still manageable.
Net worth roughly $1mil. We are in our late 30s.
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