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How much savings do you have?
Let's compare cash savings and stocks. Reason for the inclusion of the latter is that it is highly liquid.
As we all know, such savings come in handy during times of crisis, whether it's to tide over a job loss or to buy things on the cheap. |
me and my wife, both mid-thirties:
600k cash 200k singapore shares |
Me & wife (mid-thirties)
750K Cash 100K Shares Stays in HDB (fully paid) with a Japanese Car (fully paid) |
Combined
Cash S$250K Stocks S$300K |
age 42.
excluding wife. cash/cash equivalent - 750 US$ car fully paid, 2 properties, fully paid. |
combined with my wife around SGD 1M in cash/liquid assets.
also own a freehold terrace house near marine parade. mid-30s. |
Single
Early 30s Cash 410K Stocks 830K |
Combined
Me 34 wife 31 1 fully paid shophouse Toa Payoh 2 80% paid condo units in Novena Cash close to 1 million Stocks and bonds 300k |
Me & Wife
Cash: $200K Stocks: $100K |
Wife and me 30 this year
$250k cash $150k unit trust $100k stocks Another Aussie $ structure deposit of A$70k 1 jap car fully paid and hdb half paid |
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