How much savings do you have? - Page 130 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




How much savings do you have?

Reply
 
Thread Tools
  #1291 (permalink)  
Old 22-10-2019, 12:24 AM
Unregistered
Guest
 
Posts: n/a
Default

combined. early 40s.

cash $2.1M
stocks $3.3M
bonds $1.2M
real estate (2 condos, 1 shop house, 1 office, 1 retail) $10M
other illiquid investments (private equity, wine, watches) $5M
crypto currencies $500k



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #1292 (permalink)  
Old 26-10-2019, 07:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
thatís quite impressive.

Reply With Quote
  #1293 (permalink)  
Old 03-11-2019, 10:50 AM
Unregistered
Guest
 
Posts: n/a
Default

I am 24 y/o fresh grad just started working recently. I have 10k as emergency fund in dbs multiplier account., 2k for normal savings account (for spending). Planning to just channel 33% of my monthly pay into savings/emergency, 66% of my monthly salary into reits. Anyone thinks its a good idea?

Reply With Quote
  #1294 (permalink)  
Old 04-11-2019, 07:12 PM
Super Member
 
Join Date: Aug 2010
Posts: 335
lazyplane is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
I am 24 y/o fresh grad just started working recently. I have 10k as emergency fund in dbs multiplier account., 2k for normal savings account (for spending). Planning to just channel 33% of my monthly pay into savings/emergency, 66% of my monthly salary into reits. Anyone thinks its a good idea?
Portfolio concept wise - ok. U should add CPF contribution as well then u can see that your portfolio is probably balanced. 50% savings / 50% REIT&Equity

I will also time the injection into REITs and equity.
There are those that say you cannot time the market. Well, but i cant stand to see losses so i only enter when i am more confident the direction is right. Otherwise, any stupid robot also can invest.
U also need to keep balancing the portfolio every 6 -12 months. ie if you did not execute any trades in 6 months due to conservative behaviour, then inject some at the 6/12 month mark and rebalance REITs with growth stock when the market is on the uptrend. Current market sentiment is very down so growth stocks are all taking a beating.

Whatever i dont inject goes into war chest that will be deployed when i view the timing is right.
Reply With Quote
  #1295 (permalink)  
Old 04-11-2019, 08:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
combined. early 40s.

cash $2.1M
stocks $3.3M
bonds $1.2M
real estate (2 condos, 1 shop house, 1 office, 1 retail) $10M
other illiquid investments (private equity, wine, watches) $5M
crypto currencies $500k
this is quite impressive. what do you do for a living.
Reply With Quote
  #1296 (permalink)  
Old 07-11-2019, 12:59 AM
Unregistered
Guest
 
Posts: n/a
Default

44 & 49 yo

Cash : 700k
CPF : 680k (OA + SA)
No investments
1 condo (460k o/s loan) and 1 hdb (fully paid)
1 car

Posibble to retire ?
Reply With Quote

  #1297 (permalink)  
Old 08-11-2019, 10:40 AM
Unregistered
Guest
 
Posts: n/a
Default

Can retire if you deploy your cash for safe investment.

HDB rental should be easily $2-$2.5K/mth.
CPF interest: $24-28K/year

My networth and age is similar to yours except only have one HDB living in it.


Quote:
Originally Posted by Unregistered View Post
44 & 49 yo

Cash : 700k
CPF : 680k (OA + SA)
No investments
1 condo (460k o/s loan) and 1 hdb (fully paid)
1 car

Posibble to retire ?
Reply With Quote
  #1298 (permalink)  
Old 24-11-2019, 10:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
44 & 49 yo

Cash : 700k
CPF : 680k (OA + SA)
No investments
1 condo (460k o/s loan) and 1 hdb (fully paid)
1 car

Posibble to retire ?
48 & 49 yo
Cash & stocks $1.5 M
CPF $600 k
1 paid condo and 1 BUC (1.3 M o/s)
1 paid car

We intend to work till 55 which should end up with both condo fully paid while cash/stocks/cpf continue to grow.
Reply With Quote
  #1299 (permalink)  
Old 07-12-2019, 07:56 PM
Unregistered
Guest
 
Posts: n/a
Default

29

Cash 85k
CPF 120k (incl SRS)
Equity 33k
1 paid up Korean car
Living w parents but view to moving out 1-2 yrs
Reply With Quote
  #1300 (permalink)  
Old 07-12-2019, 09:12 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
29

Cash 85k
CPF 120k (incl SRS)
Equity 33k
1 paid up Korean car
Living w parents but view to moving out 1-2 yrs
30

Cash 125k
CPF 320k
SRS 30k
Equity 232k
Bonds 103k
1 paid up Korean car
Living w parents as well but plan on moving out soon. Either rent or purchase a property.
Reply With Quote
Reply

Bookmarks

Tags
condo, cpf, house, retirement, savings, shares, stocks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Not enough savings for retirement Salary.sg Investments and Net Worth 0 14-05-2007 07:59 PM

» 30 Recent Threads
Compare civil service salary ( 1 2 3... Last Page)
12,544 Replies, 7,322,500 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
339 Replies, 149,791 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,650 Replies, 4,341,295 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,044 Replies, 2,513,312 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,577 Replies, 1,263,426 Views
Lawyer Salary ( 1 2 3... Last Page)
13,615 Replies, 4,572,408 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,020 Replies, 735,807 Views
Career as Teacher ( 1 2 3... Last Page)
3,994 Replies, 2,487,738 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
613 Replies, 94,865 Views
IMDA (under MCI) ( 1 2 3... Last Page)
110 Replies, 56,310 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,512 Replies, 727,969 Views
High Finance Thread ( 1 2 3... Last Page)
298 Replies, 98,510 Views
ST Electronics ( 1 2 3... Last Page)
2,329 Replies, 567,084 Views
Perm to contract, increase > 2k... ( 1 2 3... Last Page)
30 Replies, 3,702 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,266 Replies, 638,908 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,722 Replies, 1,401,906 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
81 Replies, 23,450 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,843 Replies, 605,000 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
81 Replies, 69,592 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,093 Replies, 1,308,785 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,905 Replies, 1,738,250 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
229 Replies, 106,178 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
31 Replies, 32,785 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
469 Replies, 270,001 Views
UOB Management Associate Program ( 1 2 3... Last Page)
434 Replies, 271,538 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
62 Replies, 34,149 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
734 Replies, 195,447 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
299 Replies, 90,815 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,001 Replies, 516,660 Views
JTC (Jurong Town Corporation) ( 1 2 3... Last Page)
30 Replies, 38,458 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:25 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2