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What is the best way to grow your net worth?

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  #1 (permalink)  
Old 28-05-2012, 02:53 PM
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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.









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Old 26-08-2012, 10:34 PM
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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 .

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Old 27-08-2012, 04:25 PM
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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.

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Old 30-08-2012, 05:46 AM
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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.
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Old 30-08-2012, 10:00 AM
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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
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Old 31-08-2012, 03:59 PM
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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
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Old 01-09-2012, 11:59 AM
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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...)


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Old 02-09-2012, 07:35 PM
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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!
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Old 02-09-2012, 09:26 PM
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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.


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Old 03-09-2012, 12:04 PM
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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.
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