I’m a Fch lawyer.

Looking for advise
 

45 y/o, 55k gross per annum
Property equity - a condo ~500k (mortgage outstanding ~650k) installment monthly ~$2.4k (cpf+cash) already own stay 8yrs (will keep staying and service mortgage if capable)
Two kids 12 & 10 yrs
CPF- OA ~5k, SA -70k & MS ~50k
Cash- ~20k
Career- associate technician in o&g
Spouse- 42 y/o no working (~60k cash+cpf)
Household expenses- tight budget
Other debt- nil
Target retirement age - no plan
Target saving plan - no plan
Insurance plan - only family hospitalization plan
Passive income- nil
Bto eligibility - first timer
What will you do to prioritize in accordingly? Had plan to downgrade to a HDB if unable to service condo mortgage or without income to pay monthly mortgage.

By "first timer", do you mean that you have never owned a HDB previously? If so, when you downgrade, you may need to wait 2.5 years before you can BTO.

Free tickets and investment book worth sgd$200
 

For those who know me, I have always emphasized on generating multiple streams of income. I met Sean Seah Ex-CEO of Value Investing College recently and we were talking about building various streams of income.

He mentioned that he is challenging 5 different investors to prove if they can make $10000 in 10 days and they have taken up the challenge and will be sharing in this on 2 Nov in Expo and the entry ticket is US$97.
After some pestering, I managed to secure 30 FREE tickets for my friends and we have 16 tickets left currently.

Besides that, I have asked him to give out this best selling book in Amazon.com call FINANCIAL JOY 2.0 (Retailing for SGD$49.90)

So, please register fast before the FREE ticket and book is fully redeemed. Click the link below here free entry s://10k10days.eventbrite.sg?discount=Ed55

36 yo

Cash - $100k
CPF - $3k
1 fully paid hub
1 condo valued at $1.2m, loan ~$500k
1 car fully paid
2 kids

You sound desperate to give away a wonderful package and idea in achieving a high passive income.

Age: 45
Savings: 1.45mil
Cpf: 500k
Landed bungalow: fully paid
Passive income: 4d and big sweep

Mid 40s female GP locum, married with 2 kids.

Cash : S$85k
Stocks : S$80k
CPF : S$392k
3 bedder freehold condo worth S$1.35 mil at least with S$370 k loan left.
Freehold JB semi D worth S$500k fully paid up.
1 year old Toyota altis car with S$65k loan left

Networth about S$1.2 mil.

Income variable as self employed about S$10k a month

Hubby also income S$10k a month with similar or slightly higher networth.

This forum seem to have attract many dua bao xian AKA big canon... Fort caning canon all also kana shoot down liao.. On the other side it actuslly motivate me to keep going...

Peace out.

Anw im 28 married with 1 kid.

Cash 40k
CPF 20k after bto wipe out.
Investment 25k

Heavily in hdb and car loan debt, another true story from a typical Singaporean.

36yo

Stocks bonds and cash: 480K

Take bus to work daily.

Current passive income at 2K pm. Hope to resign from current stressful job by 40, where I hope I have achieved a passive income of around 3 to 4K pm. Then will apply for a simple and less stressful 8 to 5 admin job at any office. Salary 1.5 to 2K pm those type will do.