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Whats your net worth

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  #31 (permalink)  
Old 05-02-2010, 11:59 PM
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Quote:
How about you start the ball rolling on the boldfaced part.
I think its pretty obvious that I accumulated my networth through savings. I mentioned 370k ( cpf, savings, cash). Savings and cash are the same, guess I was not thinking right when I post.

I am surprise that somebody would be interested to know how to accumulate 370k in 10 years. I believe any middle income who can save part of their income regularly can accumulate that amount in 10 years. But thanks for asking.



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  #32 (permalink)  
Old 06-02-2010, 07:30 AM
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I am 40.
Cash about 400K, CPF 150K, stock 100K.
No loan, small private worth about 600K with wife.
Looks like i am falling behind the curve.
Damn xian.

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  #33 (permalink)  
Old 06-02-2010, 08:55 AM
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Originally Posted by Unregistered View Post
Currently 37 and have been working since 24.

1st job ~ 25K annual
5th job (current) about 320k

Currently have cash $1m, stocks $50k, 1st property ~$2.5M (loan $1.6M), 2nd property ~$2M (loan $1M).
quite impressive.

im also 37 and recently only made a breakthru in my salary after i started my own business.

myself - cash $750k , property 1m ( fully paid with cpf and cash) , stocks 250k.

can i know whats yr occupation?

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  #34 (permalink)  
Old 06-02-2010, 02:44 PM
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Originally Posted by Unregistered View Post
quite impressive.

im also 37 and recently only made a breakthru in my salary after i started my own business.

myself - cash $750k , property 1m ( fully paid with cpf and cash) , stocks 250k.

can i know whats yr occupation?
Care to share what made you take the step toward entrepreneurship? Did you start with an idea or take over an existing business?

Thanks for sharing.
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  #35 (permalink)  
Old 07-02-2010, 03:32 AM
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27 cpf 50k, cash 75k, stocks 25k...n property yet and single...
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  #36 (permalink)  
Old 07-02-2010, 11:10 AM
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Originally Posted by Unregistered View Post
quite impressive.

im also 37 and recently only made a breakthru in my salary after i started my own business.

myself - cash $750k , property 1m ( fully paid with cpf and cash) , stocks 250k.

can i know whats yr occupation?
My occupation is nothing impressive. Just middle management in IT line. Salary is also about average in that line.

What matters most, as others pointed out here is the courage to risk some of your money and let it work for you. Not a new principle just need to act on it. Many are also asking for the magic formula or investment. I don't think there's one that works for everyone. You'll just have to try and figure out for yourself
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  #37 (permalink)  
Old 07-02-2010, 12:34 PM
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Originally Posted by Unregistered View Post
My occupation is nothing impressive. Just middle management in IT line. Salary is also about average in that line.

What matters most, as others pointed out here is the courage to risk some of your money and let it work for you. Not a new principle just need to act on it. Many are also asking for the magic formula or investment. I don't think there's one that works for everyone. You'll just have to try and figure out for yourself
If you're the one who's now 37y.o. earning 320k in your 5th job, I would say that kind of pay is NOT "about average" as you said.

Your job may not be "impressive", but your pay certainly is. Cheers!
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  #38 (permalink)  
Old 07-02-2010, 09:18 PM
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both 35-year-old teachers, 800k combined net worth.
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  #39 (permalink)  
Old 10-02-2010, 03:33 PM
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Both teachers?Really impressive for one relatively young.Do u include CPF monies and primary residence as well?
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  #40 (permalink)  
Old 10-02-2010, 05:26 PM
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Both teachers?Really impressive for one relatively young.Do u include CPF monies and primary residence as well?
CPF is included, but not primary residence. What's yours?
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