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"Buy properties with little cash? It's too good to be true." - Straits Times (8 Nov 2020)


noobcarbuyer
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2 hours ago, Ginyu said:

Oi those in bermudas, flippers and singlet  attire easily hold at least 7 digits liquidity. Ever witness one, was behind him at the atm,  he forgot to take the receipt, so i kapo and see omg 7 digits balance.  Those wear branded from top to bottom , all bought on credit🤣

You took my receipt? 😜

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46 minutes ago, Ginyu said:

The poor want the whole world to know they are "rich" while the rich own self know can liao🤣

The lich scared the whole world esp iras know they lich... 

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58 minutes ago, Volvobrick said:

The lich scared the whole world esp iras know they lich... 

That’s why the CMs put the tax before the purchases instead of after. They used to focus tax on the after purchase.

And now it is very progressive in tax quantum as well.

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37 minutes ago, Throttle2 said:

So who has 7 digit pure liquidity aka cash on hand, no debt in here? 

Kee chiu!!!

muayhaha

1,000,001 also 7 figure (easily get with one enbloc sale). 9,999,999 also 7 figure. 10 time difference leh!

 

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56 minutes ago, Throttle2 said:

So who has 7 digit pure liquidity aka cash on hand, no debt in here? 

Kee chiu!!!

muayhaha

Waiting patiently for it to materialize then can proudly kee chiu🤣

 

 

enbloc.jpg

Edited by Ginyu
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12 minutes ago, Hubwee said:

aiyo .. .needs enbloc then can see small 7 digits liquidity still wants to post and haolian here ....  

It's one valid and good strategy to store liquidity. 

Proof of the pudding, not really haolian.

What if it is 8 or 9 figure?

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1 hour ago, Volvobrick said:

1,000,001 also 7 figure (easily get with one enbloc sale). 9,999,999 also 7 figure. 10 time difference leh!

 

Yeah sure,  so who has got 7 figure cash sitting in there bank account today? Not talking short term transitional waiting to buy a roof over the head. But pure spare liquidity?  
who who who? Kee chiu Lah!

Muayhahahahaha

 

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1 hour ago, Ginyu said:

Waiting patiently for it to materialize then can proudly kee chiu🤣

 

 

enbloc.jpg

Then not counted lor.....since still have to wait ....looks like MCF not very power leh.  Only got toa pow sian....

muayhaha

Edited by Throttle2
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Not born with silver spoon is not a crime.

Not high income is not a crime.

一步一脚印,别管他人冷言冷语,踏出和创造出自己的幸福,

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35 minutes ago, Showster said:

Not born with silver spoon is not a crime.

Not high income is not a crime.

一步一脚印,别管他人冷言冷语,踏出和创造出自己的幸福,

😁😎

add on to the list


Not buying more properties is not a crime

Not being in debt is not a crime

Not born into poverty is not a crime

Not having low income is not a crime

 

 

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2 hours ago, Showster said:

It's one valid and good strategy to store liquidity. 

erm... an illiquid asset to store liquidity is oxymoronic 

how can it then be even considered a strategy in the first place?

😬😅

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3 minutes ago, Enye said:

erm... an illiquid asset to store liquidity is oxymoronic 

how can it then be even considered a strategy in the first place?

😬😅

it is leh ... everyone staying in Pinnacle, Cityview and Dawson are considered millionaires when sell ... lol

Edited by Wt_know
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52 minutes ago, Wt_know said:

it is leh ... everyone staying in Pinnacle, Cityview and Dawson are considered millionaires when sell ... lol

No sell no counted, wait sell first then say.  And one million dollars or so doesnt really make a true millionaire lah....hee hee.

at least $5mil minimum otherwise better siam...... Singaporeans so rich, half the population should have min $5mil networth right?

 

You see below, just a senior manager, a few years of bonus is almost a million dollars already... 

https://www.todayonline.com/singapore/senior-manager-didnt-declare-s900000-bonus-income-now-pay-more-s200000-penalties

Edited by Throttle2
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48 minutes ago, Enye said:

erm... an illiquid asset to store liquidity is oxymoronic 

how can it then be even considered a strategy in the first place?

😬😅

No wonder, you are known as The Sifu.   Pei fu pei fu.

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11 minutes ago, Throttle2 said:

No sell no counted, wait sell first then say.  And one million dollars or so doesnt really make a true millionaire lah....hee hee.

at least $5mil minimum otherwise better siam...... Singaporeans so rich, half the population should have min $5mil networth right?

 

You see below, just a senior manager, a few years of bonus is almost a million dollars already... 

https://www.todayonline.com/singapore/senior-manager-didnt-declare-s900000-bonus-income-now-pay-more-s200000-penalties

wah ... $630K bonus for 2 years

i cant even dream about it

887B8484-A279-4D27-AFA1-3C32B1564595.jpeg

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