I see. I have somewhat similar plans as you. I am turning 30 soon and looking into getting a private property.

If you're a single working man like me, that's probably the better choice. I looked at my options for HDB and EC, and couldn't find any value in it as a single person.

Road for sale
 

Yes. I prefer to get the private property without have to wait till 35.

Couple here 42 and 40

Cash, unit trusts and stocks $1.2M

Big chunk of net worth in a landed property, $2.7M with $0.7M loan

38 years old married couple with 2 kids: 5 & 9 years old.

- Stock: $500k, generating about 18k dividend yearly
- Cash: $50k
- HDB: $360k (loan: $230k)

tiong banks can pay so well ? omg!

Age 29, single.

Cash savings: 80K
Cash available to use: 3K

Stock: $600
Savings plan: 10k cash value

bro, i'm turning 29 this year as well. however, my savings pale in comparison to you, have about 25k+ or so only


$80k cash savings is alot of money, you can try to explore some options to invest and earn some interests or dividends before you get a girlfriend and settle down...

all the best to you

Thanks for your advice. My goal is to hit savings 100k by Sep 2018 and save at a lower rate.The remaining money will out into unit trusts and dividend stocks.

29 and single
NW of 520K, income per month: 15K, aiming for 1m NW by 34

--

cash: 270K
shares: 80K
real estate assets: 460K
other: 30K

debt (mortgage): -320K

What are you working as to get 15k per month?

I just happened to come across this website. I must say the level of wealth in Singapore is quite staggering ( if what all these posters say ae true). Once converted into RM ( I come from Malaysia), almost everyone is a ringgit millionaire. Amazing.

Come back to this site next year, and you will see some say they have visited the moon!

Age 29 male

Cash savings: 120K

Cooperative stock: $2000
Savings plan: 2k cash value
Physical gold: 2 × 50g gold bar + some other gold jewellery

25yr male. 1500bitcoins

Combined cash and stocks is $4.5 million. Couple in mid 40s. HDB fully paid and one condo with loan of $500k outstanding.

2000 BTC. 20 yr old here.

CPF: $130000+
Bond: $30000
Cash: $80000+
Shares: $200000+
Property: $800000

Mortgage: $500000

Single @ 36

Crazy
 

"""""Combined cash and stocks is $4.5 million. Couple in mid 40s. HDB fully paid and one condo with loan of $500k outstanding."""

Whats the point of so much $$ to stay in A HDB

We’re 36 and 37, married for 12 yrs blessed with 3 kids ages 10, 7, 4


CPF: 200k
Investment: 200k
Bond: 480k
Property: house $4,3 mil & condo $2,6 mil (rented out)

Loan: $1,7 mil & 1,5 mil condo

We own a business and worked very hard, live frugally (takes mrt and bus when we’re not under time constraint), we spend more for family vacation twice a year. Dont have any expensive hobbies either. Eat out once a week. We’re fortunate that we have our parents support us financially when we started out our business.

30 yr old male single
Full time income 60k per annum
Side line hustle 40k per annum
Passive income 12k per annum
Cpf OA 120k
Liquid cash plus investments 400k

Updated status
Cash and cpf 1.09 million, cash in esaver earning interest about $940 per month.
No house, no car, no women,
Riding bicycle to work daily, eat cai png. Live simple

I'm telling you that the methods of teaching of xxx were just awesome. They do step-by-step coaching, along with a clear explanation. Before this, I don't know about market setup/trading. But now after the course, I can do the setup with so much confidence in my hand!.

29yo Male, Single, No property, One car (fully paid)

Global Stocks: $105k
Local Stocks: $40k
Local Bonds: $90k
Cash: $150k
CPF: $304k

Total: $690k

Except for cpf the rest is believable.
Wow u started working at 18 ah with a starting pay of 6k and 5months annual bonus. And got the maximum for cpf contribution year after year.

No .. he has a rich parents that contributed to his wealth. He didnt say he earned it.

Sorry made a small error. See below for the correct breakdown. I lumped my SRS to CPF.

I did start working at 18 and I do OA transfer to SA, top up to SA and MA.

Cheers.

29yo Male, Single, No property, One car (fully paid)

Global Stocks: $105k
Local Stocks: $40k
Local Bonds: $90k
Cash: $150k
CPF: $290k
SRS: $15k

Total: $690k

Me & wife & 小三

Cash 700k
Stocks 500k
Shares 200k

wonder if all these trolls feel good by boasting their fake wealth here, lots of trolls in this forum

27 years old
saving: 4k
OA: 25k
SA: 7K
MA: 7K

Enjoy life too much. dont know the importance of saving when im young.

35 yr old

bank - 95k
cpf - 18k
hdb house - pay monthly mortgage

34 yo

430K all in

HDB flat pay using CPF

I supposed the $430k is your family's networth? Ie your wife and your networth combined?

At least you are aware of the importance of saving at 27, which is still a very young age considering that most male S'poreans enter the workforce at 25. Somemore, starting working life with a student loan hanging around their necks for some of them. Their savings at 27 might be negative!

Enjoy life when young is also not wrong, becos we are only young once - people grow older not younger!

I bought my first car at 27, after working for 2 years and emptied all my savings. The car was a 6 year old car, but it served me for 13 years! I renewed the COE when it was 10 years old.

There are two main ways to grow wealth (dont count inheritance and toto strikes):

1. Save more way. This way requires you to cut back on your lifestyle, save as much of your salary as possible. Dont own car, dont go for long holidays, eat cheaply, dont buy designers clothes, buy BTO etc.. Some people are disciplined enough to live a simple life all their lives. But this is not for me. We work hard because we want a better life for ourselves and family. For me, it is the second way below.

2. Earn more way. We should always aim to increase our income (salary, investment, business etc). This obviously requires more hardwork and time. In my early working life, I also gave tuition in the evenings to earn extra money. My first goal was to own a car, which I achieved after 2 years of work. With the car, I also went for night classes to get a Masters degree. This opened up more options, and I was promoted not long after that. My goals were clear, I wanted to stay in a condo, have a maid, cars, eat in restaurants regularly and long holidays (at least once) annually.

Fast forward to today, we own 2 condos, 2 cars, travel regularly and dine in restaurants regularly as well. Passive income around $180k a year. We are still working.

How old r u, what do you do for work?

Just turned 28

OA 28K
SA 8K
MA 9K

Stocks 40K
Cash 8K

Total 93K

For myself only. Made up of stocks, bonds, cash, FD. Exclude cpf.

25 years old, worked for abt 1 year 8 months

cash - $48k
cpf - $34k

trying to save as much as i can & learning how to invest

28 yo, working for 3+ yrs now

Cash - 32k
Stocks - 43k
FD - 20k
Bonds - 12k
Crypto - 3k

26 YO

Working 3 years now

Cash - 50k
Stocks - 100k
CPF - 60k

30 yr old

Non CPF - 150 - 200k
CPF - 70k