Whats your net worth

by the way, issit possible where economy be like back in 2008 -2009? those bad times? will the cycle really go back before? seniors who have been thru numerous investment cycles care to advise? prop price really went up so fast that i really cant afford ):

Originally Posted by Unregistered

age 23

cash: 145k
property: 0. im not married and i cant afford a condo downpayment at all.
stocks: abt 5k. still stuck. i think im a idiot i dont really know whr to invest
work:in real estate business. been working almost 3 years. i make about 100k a year. but im bad at saving. yes im just a very normal agent, not a producer.
cars: 1 kia forte a 2nd hand car.(10 years loan of 41k more to go. 20k downpayment)
CPF: 0 tink only got medisave lol. (self employ)

after reading the posts here, i realised singaporeans all like a loaded ah. or its just dua pao one lol.

Save more. You'll be fine. 100k is no mean feat.

Originally Posted by Unregistered

by the way, issit possible where economy be like back in 2008 -2009? those bad times? will the cycle really go back before? seniors who have been thru numerous investment cycles care to advise? prop price really went up so fast that i really cant afford ):

The next economic crisis will be global and will feel like the end of the world. Forget about housing, you may be eating grass or other people.

Originally Posted by Unregistered

The next economic crisis will be global and will feel like the end of the world. Forget about housing, you may be eating grass or other people.

So bad meh? So people are enjoying the prosperity while it lasts?

I would not put it that way. If you've watched cartoons before, you'll probably remember scenes where the road runner or some other animal walked off the cliff, remained suspended in a while before gravity takes over.

We have walked off that cliff and are currently in the suspension stage.

50, retired

3 private property fully paid, worth $6 mil

$3 mil cash, waiting to buy more properties if market corrects

Originally Posted by Unregistered

50, retired

3 private property fully paid, worth $6 mil

$3 mil cash, waiting to buy more properties if market corrects

good strategy.

No use continuing to bury your head in the sand, the reality is that the weath gap in Singapore is growing. Being on the wrong side of the weath divide can make it hard to believe people can build such wealth in S'pore. The rich gets richer, and the poor get more clueless. Instead of rubbishing the postings, try and discern if there are useful investment tricks to emulate. There are some rags to riches postings here of average S'poreans who worked hard, saved and invested well and now comfortably set for life. It is time to wake up.

Originally Posted by Unregistered

i also want to contribute to the castle building here

age 29

cash: 2.8mil
property: 2 condo valued at $5.8mil, 2 terrace valued at 6.3mil and 1 semi d valued at 11mil
stocks: 4.5mil in stocks, monthly average dividend of 32k
business revenue: 46.2 mil as of last FY
cars: 2 cars valued at 950k collectively
CPF: 1.3mil

happens, but not sure where

Age:18

Occupation: Student

Wealth: 5k Accumulated from Ang Pow money. I've never worked once in my life before.

Am I the only one who had a good laugh reading all the posts here? The next post always gets more interesting(and amusing) than the previous one.