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Anonymous

03 Nov 2020

∙

If I have a six digit net worth generating ~30k sgd passive income, would you rent or buy a condo right now?

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Raymond Ng

03 Nov 2020

Director at Katalyst

Rent. U only buy when you project massive growth

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Rudi Tan

02 Nov 2020

But how much is rental and how much is the condo?

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Rupert Chan

02 Nov 2020

30k/mth. That's 360k income per annum. More than enough to buy your own home. And then some.

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Jiayee

02 Nov 2020

Salaryman at some company

What about landed property + car?

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Chan Ze Ming

02 Nov 2020

Accountancy and Finance Student at Nanyang Polytechnic

Hi,

assuming the 30k passive income is stable, I would buy a condo because I know i can cover the m...

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What minimal size would a lump sum need to be in order to generate a stable passive income, and which investment venues/choices would be the best for it?

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