Is 200k a lot in Singapore

• noahnoah

  2 May 08, 10:50

   

  200k is a lot leh

  but if u earning min 20k a month then

  not a lot liao leh

  it all depends how deep is your pocket

  and not CPF

• DriftingGuy

  2 May 08, 10:53

  Going by the rate of 5% inflation (pessimistic), 200k would be worth around 100k in future... and you need 2 million in 10 years time to be considered as a millionaire today

  So you need to invest in something with ROI of at least 5% just to beat inflation

• eagle

  2 May 08, 10:53

  we need deflation

• Combatus

  2 May 08, 10:54

  if u got $200k to spare, pls giv it to me....cos i dont hv.....many tks!

• playboy_1985

  2 May 08, 11:29

  i dun even haf 200k