Yeah, I find it difficult to stomach my Meta shares volatility.
Such a pity, if u can afford private freehold landed should have gone for it earlier. Would have much increased yr networth.
What is AMD? Good to be able to identify growth stocks early on. But we still find property easier and less risky than stocks. But we do buy some stocks too just that don't dare to buy too much. Unlike property, if at good price, we will pay.
To be fair, sg property price increase in recent year was between 2008 - 2013, then stagnant or went down for quite a long while, then 2020 to 2023 increase again.
It is SRX valuation.
Actually I don’t keep looking at the scoreboard like what you did for property investment.
Yeah maybe. Then out of the S$1.6 mil we made maybe minus S$100k. Don't think we paid more than that. It is still a substantial gain. Makes up half my networth.
Does the 1.6 million gain includes your current paper gain? Means the condo that you currently live in?
Yes cause I include residence as part of my networth. Which should be the case. Imagine if a GCB owner doesn't count his residence.
Leverage for properties doesn’t come cheap anymore starting mid 2022. I hope I can survive this high interest rate era.
From equity?
You mentioned you had only 200 k cash and minimum CPF coz you work as locum most of your career life.
My total cpf about S$440k and our outstanding loan is S$320k which we will pay up once lockin period is up this Oct. So we escape the high interest rates.
Okay.
JB equity about S$200k. Cpf is approx figure like the S$200k is approx. Slightly more.
Jb property din really appreciate. I just assume it can be sold at 1 M ringgit, then divide by 3.33 then divide by 2
Bank valuation is more than that. Highest went up to rm1.5 mil. With RTS up by 2026, rental and valuation should rise. Just like with population white paper of 6.9 mil, Sg property should rise in valuation.
