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-   -   Whats your net worth (https://forums.salary.sg/investments-net-worth/817-whats-your-net-worth.html)

Unregistered 19-03-2010 09:48 AM

Quote:

Originally Posted by Unregistered (Post 5476)
Don't be stupid Claire.
Being in private banking doesn't mean he's a guru.
Listening to his advice is like listening to anal-lysts.

You guys are freaking stupid.. no wonder I'm in the top 1% of Singapore income tax bracket while you guys make up the 99% .. Gosh..

Who knows, Ben may have some valuable info to share.

Nobody said hes the guru, not even Claire. Seems like you are the only one who have that impression. And being such a high earner and you are lurking here? Its pretty obvious now who is THE stupid one.

Quote:

Originally Posted by Unregistered
the way i look at it, if you have nothing better to say, don't post, least you embarrass yourself.

Now beat it.

Claire 19-03-2010 12:09 PM

Quote:

Originally Posted by Unregistered (Post 5476)
Don't be stupid Claire.
Being in private banking doesn't mean he's a guru.
Listening to his advice is like listening to anal-lysts.

You guys are freaking stupid.. no wonder I'm in the top 1% of Singapore income tax bracket while you guys make up the 99% .. Gosh..

So do you have anything intelligent to share, smart ass(hole)? Guess not!

Unregistered 19-03-2010 10:48 PM

Zzzz... Sorry to break your fragile little ego. I'm outta here. Out of boredom some days, I just find it fun to troll around and annoyed a bunch of losers :)

dad 20-03-2010 12:50 AM

Quote:

Originally Posted by Unregistered (Post 5489)
Zzzz... Sorry to break your fragile little ego. I'm outta here. Out of boredom some days, I just find it fun to troll around and annoyed a bunch of losers :)

everybody knows your the same retard who troll, nobody is annoyed by your nonsense posts, they just want to thrash you, ya get lost, run away like a battered dog, thats what you do best anyway, i bet your the only one who is banging your balls all along...pathetic...

Unregistered 24-03-2010 08:13 PM

****ing stupid forum n waste of time to read. discussions are not constructive at all....

green pea 25-03-2010 02:22 PM

green pea NW
 
1st I'd like to thank those who took the time to share. I feel that most, if not all answers are actual.

Frankly, I find it inspiring and it's good to have something to look up to.

as for mine,

age 35
NW 835K SGD

I find my NW growth rate lagging due to risk averse tendencies. ROE is consistently in the single digit range.

Bee 31-03-2010 03:34 PM

Comparing myself with all of you out there, I am so embarass to declare my net worth.

But anyway, here it is;
31 year old female, married
5-rm HDB valued at S$440,000 (sharing with hubby, fully paid)
1.5L Car (fully paid)
CPF - $0 (used up to clear HDB mortgage)
Savings (cash and stocks) - S$50,000
No outstanding loans or debts

I used to have much more savings but my savings were almost wiped out to pay for my wedding, honeymoon, car, house renovation, furnitures etc etc about 1 year ago. I also have to give parents.

I am currently saving up from scratch at a rate of S$2800 per month consistently in the form of cash, insurance and unit trust/shares. I am not sure when I can achieve what you guys out there have achieved. I am feeling so sad now.

Based on my current networth (if any) and savings, please advise me if I can ever dream of a retirement at all. Thanks.
:o

Unregistered 31-03-2010 05:08 PM

Quote:

Originally Posted by Bee (Post 5586)
Comparing myself with all of you out there, I am so embarass to declare my net worth.

But anyway, here it is;
31 year old female, married
5-rm HDB valued at S$440,000 (sharing with hubby, fully paid)
1.5L Car (fully paid)
CPF - $0 (used up to clear HDB mortgage)
Savings (cash and stocks) - S$50,000
No outstanding loans or debts

I used to have much more savings but my savings were almost wiped out to pay for my wedding, honeymoon, car, house renovation, furnitures etc etc about 1 year ago. I also have to give parents.

I am currently saving up from scratch at a rate of S$2800 per month consistently in the form of cash, insurance and unit trust/shares. I am not sure when I can achieve what you guys out there have achieved. I am feeling so sad now.

Based on my current networth (if any) and savings, please advise me if I can ever dream of a retirement at all. Thanks.
:o

You should not have paid up your HDB flat. Mortgage debt is one of the best debts out there, especially in Singapore where HDB/CPF charges you only 2.6% (ok, banks charge lower now, but you can't be sure a few years later). The HPIS insurance is also an extremely low cost insurance - in the unfortunate event of a death, the surviving spouse gets the flat for "free", i.e. the remaining debt is written off.

However, you can always upgrade to a bigger flat or condo, and take on a mortgage.

Bee 31-03-2010 05:36 PM

I was actually thinking that if I were to pay up all my HDB mortgage as soon as I can, I can then allow my CPF money to grow from then on.

Another question:
1) Is it advisable to sell off my current HDB unit and buy another HDB unit from the resale market? In this way, I will be able to get some cash from the transaction (current unit bought at $220K and now worth $440K)
2) Is it advisable to keep the current unit and instead, buy another condo for investment?

In either case, I think that my CPF would be wiped out right??

Unregistered 31-03-2010 08:51 PM

Quote:

Originally Posted by green pea (Post 5534)
1st I'd like to thank those who took the time to share. I feel that most, if not all answers are actual.

Frankly, I find it inspiring and it's good to have something to look up to.

as for mine,

age 35
NW 835K SGD

I find my NW growth rate lagging due to risk averse tendencies. ROE is consistently in the single digit range.


43, married. (Combined Nett Asset Value as follows)

Cash - S$800K

Stock - S$1.5m

Properties (2 apartments + 1 landed) = S$8.7m ((2.5m + 7m + 7.5m)(value today) - (0.4m + 3.1m + 4.8m)(outstanding loan))

Not including CPF and insurance monies.


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