Whats your net worth

Originally Posted by Unregistered

When I said $1.5m in CPF, it doesn't mean that it's with the CPF board. The special account is maxed out to get the 4% yield, but about 80% of the ordinary account is in a unit trust that yields 1% of NAV per quarter or about 4% per year and gives me equities upside in the long term. Return on my ordinary account has been roughly 6-7% for the past 10 years. I don't use CPF for property because I can borrow USD or SGD for about 0.8-0.9% currently. Interest and dividends on my CPF alone give me about $3,500 per month or about $40-50K per year. I consider myself a conservative but steady investor.

Thanks for sharing, but I don't think I'll ever reach the same level as you. I only have 900k cash + stocks. Any advice for small timer like myself?

property $720K

cash + cpf $150K

50 yrs old

looks like i'm your typical poor guy

[Hermit]

Originally Posted by Unregistered

No need to feel poor. If u have health, love and respect in your family, you are rich. These are things that $$$ cannot buy

Agree with you, mister. After a certain age, health = wealth. I realise that my spending habits are already cast in stone when I reach my 40s. So my health and time with my family is the true wealth that can be enjoyed.

Age 39
Networth $1.2m, excluding property $0.6m.

[Spare_a_dime]

31 yr old, female, pr consultant.
Savings in cash $330K.
Small investment property bought at $320K 4 years back, fully paid. Now worth $750K.
small condo for own stay bought at $650K 4 years back (remaining loan about $300K) now worth $1.3m.
Stocks and shares about $20K
No car

Rental income 5K/month

Give parents and take care of their expenses about 5K/month

Own expenses about 2.5K/month (mostly transport, food and entertainment)
Generally quite frugal with myself

32 yr old single
started work at 28-29yr
bank - 45k
cpf -5k only

savings per month - around 600$

39yo w two kids

Cash: $490K
OA: $31K
SA: $100K
Shares: $16K
Insurance current surrender value: $9K

wife
Cash: $440K
OA: $1.8K
SA: $4K
Shares: $4K
Insurance current surrender value: $141K

5-rm flat: $550K
Flat Outstanding: $133K
Jap Car: Zero Loan

Non-risk taker. Concern about income stability if to invest in property.

Waiting to invest in more shares (max $80K using cash)

Shld I settle outstanding HDB loan n purchase a FH 3rm condo arnd $1.7M?

Not considering Prep Bonds, SD, Unit Trust after reading more.

Appreciate any financial comment.

Originally Posted by Unregistered

39yo w two kids

Cash: $490K
OA: $31K
SA: $100K
Shares: $16K
Insurance current surrender value: $9K

wife
Cash: $440K
OA: $1.8K
SA: $4K
Shares: $4K
Insurance current surrender value: $141K

5-rm flat: $550K
Flat Outstanding: $133K
Jap Car: Zero Loan

Non-risk taker. Concern about income stability if to invest in property.

Waiting to invest in more shares (max $80K using cash)

Shld I settle outstanding HDB loan n purchase a FH 3rm condo arnd $1.7M?

Not considering Prep Bonds, SD, Unit Trust after reading more.

Appreciate any financial comment.

Alternatively, you can also consider keeping the HDB loan but paying 40% deposit for the condo.

[jason78]

Seems like many folks have higher net worth now after investing in properties couple of years ago. What other things do you recon should be part of the portfolio as a way of preserving or growing your wealth?









New property launches:
www.propertylaunch.org

Originally Posted by Unregistered

You the dumb one. CPF makes 4-5% interest and there are ways to utilize it.

you must be a sub-retard, how sure are you to live till the retirement age to use the money? do you even know the conditions in order to utilize it? dont act smart when you know nothing, moron.