The schroder Asian income fund pays about 5% interest per annum. Every month can get interest. How is this avenue for parking idle funds? Is it safe?
|
26 turning 27
11.3k Equities 1.5k Bonds 2.4k Cash Guess I'm seriously behind=( |
40, wife 38
Cash, stocks and other financial assets $1.2M Physical property $2.5M Debt free, annual income $350k |
hubby and I 33 yo with 1 kid.
combined liquid cash savings $200K. Flat loan should finish by this or next year. CPF investment combined 90K. |
Quote:
|
38 yo single, 173k cash+stocks, 200k CPF, HDB flat worth 430k with 97k loan remaining.
So many rich people in this forum.. how did they manage to save up so much money? |
Couple aged 46
Paid up OCR condo and car Cash and stocks $1.5m CPF all accounts $0.8m Hope to work till 55 and get a second property for rental income |
If you're gonna get a property at 55 I am assuming all cash? Why not just buy high yield stocks? at 3% yield (alot less minus prop tax and mcst) its a crappy investment unless you're hoping for capital gains
Quote:
|
Quote:
just thinking to have a mix of portfolio of stocks and property passive incomes |
Wow, this is amazing! I found this old post I wrote in 2011. I was searching for some CPF details using google and they threw up this link.
6 years have gone by, just like that. Just to update. I am still unassuming, still buying our groceries at NTUC, Cold Storage or Sheng Shiong. Still enjoys our regular coffee at the coffee shops. More white hair now. More importantly, both my wife and I are still working. Wealth wise, the last 6 years have been very good to us. We grew it by another $2m. This confirms that we are in the golden period of accelerated savings. And our passive income has also grown steadily the last 6 years to $150k pa. Quote:
|
All times are GMT +8. The time now is 03:53 PM. |
Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2