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01-02-2011, 05:01 PM
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Age 40
Cash - 350k
Stocks - 230k
Car in Australia, house in Australia, Japan
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01-02-2011, 05:06 PM
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Please lar, you people here really know how to tua pao xian. All say easily net worth got at least 500k to 1+million before 40 years old. My toes are laughing lar. If you say you mid 30s @ 35 years old, for guys only work around 10 years after graduation, come & talk cock you got 500k in cash stocks property!? You need to save minimum 50k per year nia, I think most of you don’t even have take home pay of 50k per year after working 10 years
And dun need to come up with the usual BS of being a market wizard or property flipper. This kind I hear everyday from people who during lunch claim they financial tyco, then after lunch go back tio gan by boss just to make that miserable 4k per month -__-
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02-02-2011, 12:00 AM
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Quote:
Originally Posted by Unregistered
Please lar, you people here really know how to tua pao xian. All say easily net worth got at least 500k to 1+million before 40 years old. My toes are laughing lar. If you say you mid 30s @ 35 years old, for guys only work around 10 years after graduation, come & talk cock you got 500k in cash stocks property!? You need to save minimum 50k per year nia, I think most of you don’t even have take home pay of 50k per year after working 10 years
And dun need to come up with the usual BS of being a market wizard or property flipper. This kind I hear everyday from people who during lunch claim they financial tyco, then after lunch go back tio gan by boss just to make that miserable 4k per month -__-
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Haha nice one. But unfortunately you are the one who gets laughed at eventually. You should stick to EDMW.
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02-02-2011, 08:37 AM
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Ok, this is mine and its the honest truth.
Me - 31 yr old
wife - 29 yrs old
cash - 40k
stock - 0k
car - worth 90k now - 50k of loan left
condo - worth 1.2 mil...700k of loan left
commercial property - worth 300k - 200k of loan left
is this stupid? with so little cash
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02-02-2011, 08:58 AM
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Wow how did you manage to get a commercial property at 300K?
Mine (honest truth)
Age: 31(me)/28(wife)
Cash: 25K
Stocks: 50K
Condo: Worth 900K (loan left 500K)
Condo: Worth 1.1 M (loan left 800K)
Easy to save for down payment before start of cool down measures. I save around 50K every year ever since graduation.
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02-02-2011, 09:21 AM
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Quote:
Originally Posted by Unregisteredtounreg
Wow how did you manage to get a commercial property at 300K?
Mine (honest truth)
Age: 31(me)/28(wife)
Cash: 25K
Stocks: 50K
Condo: Worth 900K (loan left 500K)
Condo: Worth 1.1 M (loan left 800K)
Easy to save for down payment before start of cool down measures. I save around 50K every year ever since graduation.
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there are... office spaces (1000 sq ft) at launch prices from developers
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02-02-2011, 09:54 AM
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Quote:
Originally Posted by Unregisteredtounreg
Easy to save for down payment before start of cool down measures. I save around 50K every year ever since graduation.
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You another super tua kang one. To save 50k once you graduate means 4.2k per month, add back another $900 on CPF and that means you need to make 5.1k on your first job even if you don't spend a single cent.
Even if I assume you some super saver who save 70% of your salary on your first year of work, it will mean that your first year job after graduation is $7300 per month! Thanks for the laughs...
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02-02-2011, 10:04 AM
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I am more a unit trust guy.
Not married at 33
Cash 180k
Unit trust, fund, ilp combine: 550k
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02-02-2011, 10:06 AM
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Thanks unregistered, it looks like the commercial property markets are overheating but still worth a look.
earn more, save more, what's the big deal? You are pathetic! Hahahahaa
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