2 in 3 Singaporeans save no more than 20% of monthly salary

[corydorus]

I saved about 60%-70% of my pay each year and is not hard at all. Maybe i am quite used to it already as i seldom party and spoil for holidays. Due to early effort i manage to amass sufficient capital for DIY investment now. In addition to that, my investment gains are 6 Figure range so this helps a bit.

For 2012 onwards, my future earning will be more focus on improving my lifestyle. May end up with 40% saving rate instead.

Hi Corydorus,

Your comments got me interested and was wondering that, if your investment gains are 6 figure which means you get minimum of 100,000 dollar.

Would you mind sharing whats your invested capital to get gains of 100,000 dollars?

Also are they paper gains ( unrealized) or realized gains ( cash in the bank).

Thank you for sharing.

I do not differentiate them so is total. Not recognizing unrealized loss as losses is cheating.

Is hard to estimate but prior to 2011, is 15% XIRR for the past 5 years.

Cory

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Jared, as i always said, nothings beat a proper career for layman. Saving is important so are investment but certainly not the nirvana.

Cory