Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth > What is the best way to grow your net worth?

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




Salary.sg Forums

Thread: What is the best way to grow your net worth? Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
04-06-2013 07:43 AM
Unregistered Buying property in Msia is a no no. Political instability, corruption, high crime rate.

Singapore property is still the best, especially condos. 80% of Sporeans live in HDB flat, so many eager to upgrade to posh condos. These people will rush to buy from you. Make sure you jack up your prices.
04-06-2013 06:56 AM
Zhang
Quote:
Originally Posted by Unregistered View Post
I agree with those who say property. I bought my first property 10 years ago with a starting capital of $200K. after buying and selling a few units to date my realized gain is $1.35M and paper gain is $550K. As for stocks i have only earned about $80K as i am not confident to dump in too much capital.
Be careful man. All the property guys are unregistered. May be the same guy for all you know.

My father's property bought in 1979 went up 40x. But do I think the same is going to happen for my time ? I'll be stupid if I do. Different times call for different strategies.

For all those who think property goes up forever, remember Spain (where property went up for almost 30 yrs from mid 80s to mid 2000s) and the US (where there has never been a sustained downturn nationwide until the subprime - so much so that the rating agencies did not model a downturn into their models). In each country, citizens believed that prices will never go down in the long term.

What's more Singapore, where there has been 3 distinct downturns in the last 15 years (1998, 2001, 2009).

Those who do not learn history are doomed to repeat it.

Myself ? I'm putting money in M'sia property (selectively because it has gone up quite a bit as well), and stocks. I would like to put into US property as well, because I think the dynamics are positive, but logistically not easy (those being sold in Singapore are being marketing to Singaporeans, and not Americans for a reason).

Do your own research. Read up. Its your money. Its your life.
03-06-2013 11:00 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Investment and trading in shares

If you are keen or interested to trade, please contact me at [email protected]

Cheers & wishing all a great 2013 ahead!
Hi, emailed u, please assist n thks!
01-04-2013 09:52 PM
Unregistered I agree with those who say property. I bought my first property 10 years ago with a starting capital of $200K. after buying and selling a few units to date my realized gain is $1.35M and paper gain is $550K. As for stocks i have only earned about $80K as i am not confident to dump in too much capital.
01-04-2013 06:24 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
From my many years of investing experience, the best way to grow your wealth in Singapore is by buying Singapore properties. Investing in stocks is my worst experience. I realize that The performance of stocks depends on the companies which are run by people. You have no control on how these people run the company. Some are crooks and some are incompetent. Whereas I have complete control over my properties.

Today after many, many years, I own many properties and their value keeps on appreciating because of Singapore's success as a global, successful city. You should start early and hold on to your properties.

Even though I came from a poor family, Singapore's system has enabled me to be a multi-millionaire today. Thanks to the great government and leaders of our beloved Singapore.
Good for you. Do you think it is still a good time to get into property investment? If so, what would be your picks? 99 yrs versus freehold? Landed versus condo? Which area would be a good bet? Woodlands? Paya Lebar or Geylang?

I have been waiting and waiting, and my million dollar is shrinking and shrinking. Very soon, I might not even be able to buy a resale 5 room HDB.
31-03-2013 09:09 AM
Unregistered From my many years of investing experience, the best way to grow your wealth in Singapore is by buying Singapore properties. Investing in stocks is my worst experience. I realize that The performance of stocks depends on the companies which are run by people. You have no control on how these people run the company. Some are crooks and some are incompetent. Whereas I have complete control over my properties.

Today after many, many years, I own many properties and their value keeps on appreciating because of Singapore's success as a global, successful city. You should start early and hold on to your properties.

Even though I came from a poor family, Singapore's system has enabled me to be a multi-millionaire today. Thanks to the great government and leaders of our beloved Singapore.
31-03-2013 12:31 AM
Unregistered Can someone explain how to invest in stocks?
04-01-2013 12:13 PM
Unregistered Investment and trading in shares

If you are keen or interested to trade, please contact me at [email protected]

Cheers & wishing all a great 2013 ahead!
26-09-2012 11:07 PM
Qaz
Quote:
Originally Posted by Unregistered View Post
so easy ah? short term trading is very much like gambling. how much have you made already? the fact that you are still surfing this forum speaks much about your income level (not to mention the things you posted in other threads...)
if long term, then it'll be called investment.
yeah, I'm into short term, dats y called trading. few hours to 1 mth holding only.. past 2 mths, make about 5%/mth.

I dont earn much, last tax return was abt 100K cos of high bonus.. next one shud be under 90k. btw, wat does income level got to do with sharing ideas on how to make $$??
03-09-2012 12:04 PM
Unregistered Yes, i agree Singapore's property (not in Europe and US) is the best way to grow your wealth.

I have been investing in Singapore properties for the past 20 years, now sitting on a gold mine. all fully paid and gives me a rental income of $20K a month.
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 07:16 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2