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19-03-2010, 12:09 PM
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Quote:
Originally Posted by Unregistered
Don't be stupid Claire.
Being in private banking doesn't mean he's a guru.
Listening to his advice is like listening to anal-lysts.
You guys are freaking stupid.. no wonder I'm in the top 1% of Singapore income tax bracket while you guys make up the 99% .. Gosh..
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So do you have anything intelligent to share, smart ass(hole)? Guess not!
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19-03-2010, 10:48 PM
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Zzzz... Sorry to break your fragile little ego. I'm outta here. Out of boredom some days, I just find it fun to troll around and annoyed a bunch of losers
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20-03-2010, 12:50 AM
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Quote:
Originally Posted by Unregistered
Zzzz... Sorry to break your fragile little ego. I'm outta here. Out of boredom some days, I just find it fun to troll around and annoyed a bunch of losers
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everybody knows your the same retard who troll, nobody is annoyed by your nonsense posts, they just want to thrash you, ya get lost, run away like a battered dog, thats what you do best anyway, i bet your the only one who is banging your balls all along...pathetic...
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24-03-2010, 08:13 PM
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****ing stupid forum n waste of time to read. discussions are not constructive at all....
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25-03-2010, 02:22 PM
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green pea NW
1st I'd like to thank those who took the time to share. I feel that most, if not all answers are actual.
Frankly, I find it inspiring and it's good to have something to look up to.
as for mine,
age 35
NW 835K SGD
I find my NW growth rate lagging due to risk averse tendencies. ROE is consistently in the single digit range.
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31-03-2010, 03:34 PM
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Junior Member
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Join Date: Mar 2010
Posts: 2
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Comparing myself with all of you out there, I am so embarass to declare my net worth.
But anyway, here it is;
31 year old female, married
5-rm HDB valued at S$440,000 (sharing with hubby, fully paid)
1.5L Car (fully paid)
CPF - $0 (used up to clear HDB mortgage)
Savings (cash and stocks) - S$50,000
No outstanding loans or debts
I used to have much more savings but my savings were almost wiped out to pay for my wedding, honeymoon, car, house renovation, furnitures etc etc about 1 year ago. I also have to give parents.
I am currently saving up from scratch at a rate of S$2800 per month consistently in the form of cash, insurance and unit trust/shares. I am not sure when I can achieve what you guys out there have achieved. I am feeling so sad now.
Based on my current networth (if any) and savings, please advise me if I can ever dream of a retirement at all. Thanks.
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31-03-2010, 05:08 PM
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Quote:
Originally Posted by Bee
Comparing myself with all of you out there, I am so embarass to declare my net worth.
But anyway, here it is;
31 year old female, married
5-rm HDB valued at S$440,000 (sharing with hubby, fully paid)
1.5L Car (fully paid)
CPF - $0 (used up to clear HDB mortgage)
Savings (cash and stocks) - S$50,000
No outstanding loans or debts
I used to have much more savings but my savings were almost wiped out to pay for my wedding, honeymoon, car, house renovation, furnitures etc etc about 1 year ago. I also have to give parents.
I am currently saving up from scratch at a rate of S$2800 per month consistently in the form of cash, insurance and unit trust/shares. I am not sure when I can achieve what you guys out there have achieved. I am feeling so sad now.
Based on my current networth (if any) and savings, please advise me if I can ever dream of a retirement at all. Thanks.
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You should not have paid up your HDB flat. Mortgage debt is one of the best debts out there, especially in Singapore where HDB/ CPF charges you only 2.6% (ok, banks charge lower now, but you can't be sure a few years later). The HPIS insurance is also an extremely low cost insurance - in the unfortunate event of a death, the surviving spouse gets the flat for "free", i.e. the remaining debt is written off.
However, you can always upgrade to a bigger flat or condo, and take on a mortgage.
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31-03-2010, 05:36 PM
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Junior Member
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Join Date: Mar 2010
Posts: 2
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I was actually thinking that if I were to pay up all my HDB mortgage as soon as I can, I can then allow my CPF money to grow from then on.
Another question:
1) Is it advisable to sell off my current HDB unit and buy another HDB unit from the resale market? In this way, I will be able to get some cash from the transaction (current unit bought at $220K and now worth $440K)
2) Is it advisable to keep the current unit and instead, buy another condo for investment?
In either case, I think that my CPF would be wiped out right??
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31-03-2010, 08:51 PM
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Quote:
Originally Posted by green pea
1st I'd like to thank those who took the time to share. I feel that most, if not all answers are actual.
Frankly, I find it inspiring and it's good to have something to look up to.
as for mine,
age 35
NW 835K SGD
I find my NW growth rate lagging due to risk averse tendencies. ROE is consistently in the single digit range.
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43, married. (Combined Nett Asset Value as follows)
Cash - S$800K
Stock - S$1.5m
Properties (2 apartments + 1 landed) = S$8.7m ((2.5m + 7m + 7.5m)(value today) - (0.4m + 3.1m + 4.8m)(outstanding loan))
Not including CPF and insurance monies.
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