Whats your net worth

Age 24 this year :

CPF : 2.5k
Investment : $0
Cash : $40k

very impressed with you guys here . my target is 1mill net worth by age of 35.

Originally Posted by Unregistered

5.5k combined seems on the low side. are both of you just starting out? when younger, i used to think too how it's even possible to own a car much less a condo with my meagre pay of 3k. but i afforded them anyway and with quite a lot left too (thru prudent investing). my pay is normal. i see teachers driving big cars and live in condos, so i don't think it's the profession. and teaching is a very respectable profession- thanks for nurturing our children! don't worry too much- save up, invest wisely, and you'll do well.

Thanks for the encouragement!Really glad that there are still people out there who appreciate teachers.Nowadays,we rarely get that since we r paid low and get little respect in society.But teachers driving big cars & living in condos?Wow,unless they have parental support.For myself and wifey,we depended verymuch on ourselves to start off our financial journey...no help watsoever.I guess u r doing very well now since u can afford a car & a condo?

wife and myself age 33, cash and condo around 1.7M. Not including our primary residence, a freehold semi d worth around 3M

Originally Posted by thirty three yrs old

wife and myself age 33, cash and condo around 1.7M. Not including our primary residence, a freehold semi d worth around 3M

You're definitely an outlier. Mind sharing what you do for a living?

34 years old.

cash 255k stocks 500k 2nd property 1.2 mil, paid 600k.

I am nothing compared to some of you out there. I need to work harder.

Interesting discussion.

I'm 26, should be one of the youngest. Hope to learn more from all the seniors here.

My net worth

Cash: 30K
Stocks: 30K
CPF: 25K
Property: 550K (400K loan)

I read all the postings and find most of them are very interesting.

I doubt very much the degree of truth.

Originally Posted by Unregistered

You're definitely an outlier. Mind sharing what you do for a living?

Our salaries are nothing much to shout about, combined 300K per year, but we made close to 1M during the 2007 property bull market, and also invested over 1M in some badly beaten down blue chip financial stocks like barclays during the 2009 crash which more than tripled when the markets recovered

Originally Posted by Unregistered

I read all the postings and find most of them are very interesting.

I doubt very much the degree of truth.

Me too, when I was a young punk starting fresh as a 'high paying' engineer who's never heard of the truly high paying jobs and thought livnig in 5rm hdb is already a very prestigious thing. Then I grew up.

Originally Posted by Unregistered

I read all the postings and find most of them are very interesting.

I doubt very much the degree of truth.

One thing that I realise is that EVERY single one of them are doing extremely well and helps me confirm that Singapore does indeed have one of the highest per capita millionaires in the world.At the same time,I feel really low morale cos I am nowhere near any one of them.Is it true that everyone in their 20s and 30s are making so much money out there?