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02-06-2010, 06:08 PM
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30 years old
car loan: -90k
car worth: 80k
stocks: 15k
unit trusts: 15k
cash: 40k
cpf: 20k
I'm a poor man.
But this are true figures.
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25-06-2010, 12:17 AM
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Average man
Me 37yo
cash: 400k, cpf 110k
ppty (condo) valued 700k (loan 260k)
Wife cpf 38k
networth: 988k
I think i am average as compared to the rest....
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01-07-2010, 01:22 AM
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Age 26.
80k in stocks
20k in savings
20k - owed by business partnerships
Question: At my age, would you diversify your money this way if you were someone who had not much time to spare? I for one can't spare much time working 84 hours a week!
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01-07-2010, 11:01 PM
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wow, I stopped reading after page 6, cos too demoralising
either their numbers are artificially inflated or everyone is a highflier.
how do they accumulate so much so young?
Certainly makes me sound like an underachiever
started working at 24
(I did not work for 18 months in between)
now 33
total cash, cpf and stocks just slightly over S$205K (current net worth?)
no property, therefore no liability at all
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02-07-2010, 03:10 AM
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Quote:
Originally Posted by Unregistered
wow, I stopped reading after page 6, cos too demoralising
either their numbers are artificially inflated or everyone is a highflier.
how do they accumulate so much so young?
Certainly makes me sound like an underachiever
started working at 24
(I did not work for 18 months in between)
now 33
total cash, cpf and stocks just slightly over S$205K (current net worth?)
no property, therefore no liability at all
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you saved an average of 25k a year. that's pretty impressive if you're an average earner.
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16-08-2010, 10:14 PM
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net worth
both ages 39
ppty condo 900k fully paid
6 year old car,,almost paid
cash in stock 200k
cpf 50k left over from clearing loan
i think considered average...need to accumulate more for a reasonable retirement
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17-08-2010, 01:16 AM
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Quote:
Originally Posted by Unregistered
both ages 39
ppty condo 900k fully paid
6 year old car,,almost paid
cash in stock 200k
cpf 50k left over from clearing loan
i think considered average...need to accumulate more for a reasonable retirement
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That's a combined net worth of around 1.2m, something that most lesser mortals can only dream of. Yet this is also just one-third of some lucky chap's annual pay. It depends on how you want to compare.
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17-08-2010, 06:03 AM
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net worth
nowadays 1.2 m combined is not eve sufficient for a comfortable retirement in stinkapore.... by reading the forum, it seems like there are so many people making tons of cash from property rush...
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17-08-2010, 10:41 AM
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age 37 married with single income
cash 250K
stock ~460k
cpf OA 13k
current HDB ~330K(with 147K loan)
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17-08-2010, 12:36 PM
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Quote:
Originally Posted by Unregistered
age 37 married with single income
cash 250K
stock ~460k
cpf OA 13k
current HDB ~330K(with 147K loan)
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That's an impressive 900k net worth for a single-income family. You shouldn't be frowning.
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