What is the best way to grow your net worth? - 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




What is the best way to grow your net worth?

Reply
 
Thread Tools
  #1 (permalink)  
Old 28-05-2012, 02:53 PM
Verified Member
 
Join Date: May 2012
Posts: 15
jason78 is on a distinguished road
Post What is the best way to grow your net worth?

Any ideas? Many people have become richer after buying properties and some may have owned multiple properties in their portfolio. I havent seen any growth like the property market which is fueled by rather strong demand.









New property launches:
www.propertylaunch.org

Reply With Quote
  #2 (permalink)  
Old 26-08-2012, 10:34 PM
Unregistered
Guest
 
Posts: n/a
Default

not true bro.. should it even crash so badly.. you value of property goes down.. but you can still rent out the property. thats the difference between properties in comparision to stocks. although you can say stocks give u dividends. but well no where as good normally as a yield in investment in property ,espeically for Singapores case, whereby demand is always strong for property, and furthermore, of these demands, they are very rich pple from China , Indo and other places of the world, well even should prices shoot up 30% , they will still continue to buy that property and relocate here. and lets say should the property market crash ,and drop 30% instead, these pple will know its sooo cheap.. they will buy 2 units instead of 1 ... Bad economy will impact their confidence and financial position, but we can never underestimate the background and money of these pple.. I have many contacts with real estate agents so I think i managed to get some so called "insider info".. Property is much safer , lower risk.. and with the ability to rent it out .. its the deal man .

Reply With Quote
  #3 (permalink)  
Old 27-08-2012, 04:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
not true bro.. should it even crash so badly.. you value of property goes down.. but you can still rent out the property. thats the difference between properties in comparision to stocks. although you can say stocks give u dividends. but well no where as good normally as a yield in investment in property ,espeically for Singapores case, whereby demand is always strong for property, and furthermore, of these demands, they are very rich pple from China , Indo and other places of the world, well even should prices shoot up 30% , they will still continue to buy that property and relocate here. and lets say should the property market crash ,and drop 30% instead, these pple will know its sooo cheap.. they will buy 2 units instead of 1 ... Bad economy will impact their confidence and financial position, but we can never underestimate the background and money of these pple.. I have many contacts with real estate agents so I think i managed to get some so called "insider info".. Property is much safer , lower risk.. and with the ability to rent it out .. its the deal man .
It depends. Most people buy properties with borrowed funds and is highly leveraged. In other words, the worst case is not losing your full investment; it is getting into negative equity where your property is worth less than your debt (bank loan). Therefore it is more risky than stocks if you buy your property at a high and with borrowed funds.

Reply With Quote
  #4 (permalink)  
Old 30-08-2012, 05:46 AM
Senior Member
 
Join Date: May 2012
Posts: 70
Sam Adams is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
not true bro.. should it even crash so badly.. you value of property goes down.. but you can still rent out the property. thats the difference between properties in comparision to stocks. although you can say stocks give u dividends. but well no where as good normally as a yield in investment in property ,espeically for Singapores case, whereby demand is always strong for property, and furthermore, of these demands, they are very rich pple from China , Indo and other places of the world, well even should prices shoot up 30% , they will still continue to buy that property and relocate here. and lets say should the property market crash ,and drop 30% instead, these pple will know its sooo cheap.. they will buy 2 units instead of 1 ... Bad economy will impact their confidence and financial position, but we can never underestimate the background and money of these pple.. I have many contacts with real estate agents so I think i managed to get some so called "insider info".. Property is much safer , lower risk.. and with the ability to rent it out .. its the deal man .
Have you modeled the scenario? I don't think you have... sounds like you're just pulling **** out of your ass.
Reply With Quote
  #5 (permalink)  
Old 30-08-2012, 10:00 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Sam Adams View Post
Have you modeled the scenario? I don't think you have... sounds like you're just pulling **** out of your ass.
I bet you must have modelled him pulling **** out of his ass in your mind
Reply With Quote
  #6 (permalink)  
Old 31-08-2012, 03:59 PM
Qaz Qaz is offline
Senior Member
 
Join Date: Jun 2009
Posts: 44
Qaz is on a distinguished road
Default

buy stocks lah... train urself to find good fundemantal stocks for long term and learn technical analysis for short term play..

put it simply as an example, $1 stocks, move 1-2 cents everyday already can make 1-2% less brokerage abit.. just make 1% a week means 52% a year liao.. achieve quarter of that many of us happy liao
Reply With Quote

  #7 (permalink)  
Old 01-09-2012, 11:59 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Qaz View Post
buy stocks lah... train urself to find good fundemantal stocks for long term and learn technical analysis for short term play..

put it simply as an example, $1 stocks, move 1-2 cents everyday already can make 1-2% less brokerage abit.. just make 1% a week means 52% a year liao.. achieve quarter of that many of us happy liao
so easy ah? short term trading is very much like gambling. how much have you made already? the fact that you are still surfing this forum speaks much about your income level (not to mention the things you posted in other threads...)
Reply With Quote
  #8 (permalink)  
Old 02-09-2012, 07:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
so easy ah? short term trading is very much like gambling. how much have you made already? the fact that you are still surfing this forum speaks much about your income level (not to mention the things you posted in other threads...)
buy gold lah, juz kept buying!
Reply With Quote
  #9 (permalink)  
Old 02-09-2012, 09:26 PM
Unregistered
Guest
 
Posts: n/a
Default

1. Be lucky.
2. Get lucky.
...
...
10. Pray hard.
11. Marry into a rich family.
...
...
50. Study hard (the only thing you can control).
51. Lose money initially.

In terms of asset classes, depends on the times. They said US stocks outperform in the long run, but during the last 30 years, government bonds actually outperformed, meaning taking all those so called risks does not always pay.
Reply With Quote
  #10 (permalink)  
Old 03-09-2012, 12:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Yes, i agree Singapore's property (not in Europe and US) is the best way to grow your wealth.

I have been investing in Singapore properties for the past 20 years, now sitting on a gold mine. all fully paid and gives me a rental income of $20K a month.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

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
Whats your net worth Avatar Investments and Net Worth 2958 08-03-2024 01:08 AM
Calculate Net Worth and Benchmark It Salary.sg Investments and Net Worth 16 23-09-2023 10:41 PM
Getting MBA worth? dun_waste_time Education and Personal Growth 151 07-04-2022 05:42 PM
How to grow fast in Supply Chain / Logistics? mcpng Income and Jobs 0 31-08-2010 07:08 PM
legal profession not worth it? alarme Income and Jobs 3 05-04-2010 03:35 PM

» 30 Recent Threads
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,983 Replies, 1,080,472 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,891 Replies, 4,715,350 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
812 Replies, 384,447 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,877 Replies, 5,085,513 Views
ST Electronics ( 1 2 3... Last Page)
3,806 Replies, 1,572,123 Views
GovTech ( 1 2 3... Last Page)
5,648 Replies, 2,272,689 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,615 Replies, 2,376,773 Views
Career as Teacher ( 1 2 3... Last Page)
11,159 Replies, 6,824,450 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,145 Replies, 3,789,638 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 450,370 Views
Compare civil service salary ( 1 2 3... Last Page)
16,423 Replies, 12,576,858 Views
Lawyer Salary ( 1 2 3... Last Page)
21,125 Replies, 10,445,949 Views
DBS ACE Programme ( 1 2 3... Last Page)
162 Replies, 82,468 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,499 Replies, 1,398,917 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 392,059 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,339 Replies, 3,453,438 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,344 Replies, 1,161,652 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
736 Replies, 410,713 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,273 Views
Work culture in CPF board ( 1 2 3... Last Page)
34 Replies, 77,595 Views
Work culture in IHiS ( 1 2 3... Last Page)
722 Replies, 552,410 Views
Private Banking Salaries ( 1 2 3... Last Page)
83 Replies, 138,701 Views
NUS (National University of... ( 1 2 3... Last Page)
322 Replies, 326,257 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
761 Replies, 422,341 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
415 Replies, 500,084 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,280 Replies, 634,668 Views
NCS Tech Graduate Programme or...
4 Replies, 528 Views
Work in SMU ( 1 2)
12 Replies, 4,884 Views
ST Engineering Land Systems ( 1 2 3)
24 Replies, 11,757 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,486 Replies, 804,230 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:42 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2