Whats your net worth

Originally Posted by mid 30s couple

... not sure if buying a landed house was a good choice though, as a cheaper condo would have freed up more cash to use for investments..

If you think you're a good investor, condo is better.

Originally Posted by Unregistered

Age:53
Occupation: single income in stockbroking
Property: $6.6m (3 properties, one houses parents, other is rented)
Stocks & Unit Trusts: $5.1m
CPF: $1.5m
Cash: $300K
Other Assets: A few cars
Loans: $3m (both property and margin financing)
Income: $450K (salary plus bonus - used to be higher when I worked harder) & $350K of passive income from rental, interest & dividends

We did gain $800K from sale of 1 property a few years ago, otherwise all of the value of the financial investments was through earning, saving and investing.

Well done. More monies in stocks than property. Most Singaporeans are house rich and/or CPF rich with little monies in stocks.

Age: 54
Occupation: Single income in IT industry
Property: $5.5 mil (4 properties)
Loan: $1.5 mil
Stocks & Unit Trusts: $9 mil
CPF/Cash: $1 mil
Income: $270K (salary plus bonus)
Passive Income: $135K (rental, interest and dividends)

Originally Posted by Fifties

Well done. More monies in stocks than property. Most Singaporeans are house rich and/or CPF rich with little monies in stocks.

Age: 54
Occupation: Single income in IT industry
Property: $5.5 mil (4 properties)
Loan: $1.5 mil
Stocks & Unit Trusts: $9 mil
CPF/Cash: $1 mil
Income: $270K (salary plus bonus)
Passive Income: $135K (rental, interest and dividends)

What's the key to your success?

Originally Posted by mid 30s couple

our assets:

cash: S$700K
stocks: S$120K
property: terrace house S$2.3M with 800K loan

i guess we are doing above average for a graduate couple with 2 kids? 40% of our net worth was built from savings, the rest from property and stocks investing

not sure if buying a landed house was a good choice though, as a cheaper condo would have freed up more cash to use for investments..

Do not worry.

Buying a landed property is the best decision you have ever made.

(I qualify that by saying it needs to be either Freehold or 999. If it's 99yr landed though, the above comment does not apply)

Landed segment will be the only one immune from the shitloads of condos/ btos/ ecs/ mms and whatnots that will be flooding the market in time to come.

In 10 years, your property should be easily double the current value.

PS i'm not a property agent.

Originally Posted by Fifties

Well done. More monies in stocks than property. Most Singaporeans are house rich and/or CPF rich with little monies in stocks.

Age: 54
Occupation: Single income in IT industry
Property: $5.5 mil (4 properties)
Loan: $1.5 mil
Stocks & Unit Trusts: $9 mil
CPF/Cash: $1 mil
Income: $270K (salary plus bonus)
Passive Income: $135K (rental, interest and dividends)

I think this is ******** because if you have 5.5m in properties and 9m in unit trusts, it implies a yield of only 135/14500 = 0.93%

Originally Posted by Unregistered

I think this is ******** because if you have 5.5m in properties and 9m in unit trusts, it implies a yield of only 135/14500 = 0.93%

Good Spot! Yah. With $9m stock & unit trust, only $135K passive income?

Originally Posted by Unregistered

Good Spot! Yah. With $9m stock & unit trust, only $135K passive income?

Maybe he meant per month?

Originally Posted by Unregistered

I think this is ******** because if you have 5.5m in properties and 9m in unit trusts, it implies a yield of only 135/14500 = 0.93%

it's an honest mistake, either you forgot one zero or he meant by month.
Let's move on.....

Originally Posted by Unregistered

Do not worry.

Buying a landed property is the best decision you have ever made.

(I qualify that by saying it needs to be either Freehold or 999. If it's 99yr landed though, the above comment does not apply)

Landed segment will be the only one immune from the shitloads of condos/ btos/ ecs/ mms and whatnots that will be flooding the market in time to come.

In 10 years, your property should be easily double the current value.

PS i'm not a property agent.

Yes it is freehold in d15. I dont think will double in 10 years, but 50% increase is quite possible.

Originally Posted by Mid 30s couple

Yes it is freehold in d15. I dont think will double in 10 years, but 50% increase is quite possible.

IF you're only looking at 50%...at the rate of current inflation, you're not making any money, just hedging against inflation.