11-01-2013 03:23 PM | ||
conservative investor |
Quote:
just like most people we started working with < $1K in bank account and no financial gifts from parents or inheritance. however, we did save hard and instead of stating off with a Hdb like most poeple, we took quite big loans to leverage on property in 2003 and 2009 when not many people buying, and selling off in 2007 and 2011. right now demand for property is strong, so i prefer to stay out. |
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11-01-2013 02:06 PM | ||
Unregistered | Since your wife is not working and you pay isn't super high (I assume), can I say that part of your wealth comes from "old money"? IE, inheritance. | |
11-01-2013 02:36 AM | ||
conservative investor | i already have a double-storey freehold terrace (for own stay, not to rent out). not keen on adding an investment property now as the ones which i am interested in are quite expensive. | |
11-01-2013 12:22 AM | ||
Unregistered | rich! give others a chance please. | |
11-01-2013 12:08 AM | ||
Unregistered |
Rental income $16k FD interest $1.2k Dividends $4k 36 years old, banker |
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10-01-2013 11:25 PM | ||
Unregistered |
You have a lot of cash. too much? I.e. $740k. Can easily down a pty? Me, small stand-by cash left after downing and staying in private. Passive: $2,500 from HDB. full-stop. Quote:
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10-01-2013 09:36 PM | ||
Unregistered |
Working in the logistics line and 39 this year... stocks and reits = $3900 per month interest from banks and bonds = $1100 per month rent from HDB = $2400 per month annutities = $900 per month |
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10-01-2013 09:30 PM | ||
Unregistered |
iphone apps - $3k websites - $3k dividends - $500 (market value of shares $300k) interests - $500 (about $500k in lousy time deposits) net income from rental - $1k job - $30k (together with wife) not getting rich any time soon. |
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10-01-2013 08:08 PM | ||
Unregistered |
Quote:
The above is a good example of a reasonable post. Everything is detailed and makes sense. Most of the other posts are nonsensical. It's nonsense to talk about rental without talking about mortgage payments and vacancy cost etc. Unless payment was all in cash then that's inefficient. Pls share reality, not easily discernible fantasies. |
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10-01-2013 07:31 PM | ||
conservative investor |
age 36, married. i work as a Manager (IT), wife not working now our modest passive income: interest : around $350 per month ($580K in savings account) dividends : around $750 per month ($160K in reits) money market account: around $50 per month ($35K in account) total passive income: $1150 per month |
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