Is 200k a lot in Singapore
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I belive than many people in Singapore has 200k so I would like to know how many people agree that having 200k is nothing in Singapore
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buy one car then finish liao lor........
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200k is only a 3 room HDB flat.
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yesh, it's nth.
my papa oso say.
got illness, 200k gone le.
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depends on how you live your life..
but now with everything increasing, I doubt 200k is enough..
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cash or paper assets?
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hmmm
get a bond that pays 5% p.a., and get about $833.33 a month
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i think buy a lorry cannot last you more than 2yrs
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*Opens pocket n points in*
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At my current stage, I'd say it's quite a sum.
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take 10 years to save up that amount.... If u are really niao.....
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Originally posted by Genomes:
I belive than many people in Singapore has 200k so I would like to know how many people agree that having 200k is nothing in Singapore
200K...about 1 pigeon hole in Jurong West.
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not many ppl in s'pore have 200k cash....
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200K is nothing in itself... 1mil also can be nothing in itself...
Must make the money work then can talk... 200k is a good start...
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many ppl in singapore earned more than 1 million in their lifetime
but they spend almost all
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Originally posted by eagle:
many ppl in singapore earned more than 1 million in their lifetime
but they spend almost all
if working class double income family confirm earn 1mil b4.btw bond in SG dun haf 5% la.
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Originally posted by dcx:
not many ppl in s'pore have 200k cash....
x2.
many people don't even have 100k cash, or maybe even 50k also no have.
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Originally posted by motoway:
if working class double income family confirm earn 1mil b4.btw bond in SG dun haf 5% la.
got la...
250k one i know got. It is more of capital preservation, guaranteed returns of at least 5.28% (not compounded, and you get a little interest payout every 6 months). And if bond price increase, you earn more. I know someone who bought it, so I can confirm.
100k got one more, supposed to return 125k at one go at the end of 5 years, but I haven't confirm exactly what it is and how it works... After exams then I go look at it.
There are very 'safe' stocks that pays 5% to 6% dividends yearly too ;) All these I will be looking into more details right after exams too...
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bond leh. U toking bout gahman bond rite.
Gahman bond not so much. Corp bond more la.
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Originally posted by eagle:
many ppl in singapore earned more than 1 million in their lifetime
but they spend almost all
yes. totally agreed. It's not really the earning, it's more of "keeping your wealth".ATMs, all around, easy to draw and spend money. How many people actually deposit back the cash into their account if they accidentally draw out more?
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Originally posted by motoway:
bond leh. U toking bout gahman bond rite.
Gahman bond not so much. Corp bond more la.
corporate bond by suntec city
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Originally posted by airgrinder:
yes. totally agreed. It's not really the earning, it's more of "keeping your wealth".ATMs, all around, easy to draw and spend money. How many people actually deposit back the cash into their account if they accidentally draw out more?
Then the next step after learning how to spend less than income is how to better make use of this saved money, and make it work for you. This I trying to learn at the moment...
There are quite a number of forumers in this forum who can do it very well, so can attempt to learn their strategies. In addition, I'm trying to read Money Mind forum (hwz) and Market Talk (cna forum) to see what pple think and say... There's a great deal of knowledge to be picked up in this area... Might need 1 or 2 years...
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200k NOT ALOT ?! how many of u here actually have 200k here to say 200k not alot.
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200k is nothing now as there are many millionaire around.
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Not enought to buy Merc SLK, model 200k.