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 How much is your net worth?, gauging your financial performance.

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gavin_lim
post Sep 13 2009, 02:14 PM

Getting Started
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Junior Member
149 posts

Joined: May 2009
From: KL, PJ


QUOTE(jacboy @ Sep 10 2009, 07:07 PM)
Ladies and Gentlemen, member of the press,

I am new here smile.gif
May I ask you all the following questions. As LYN has very vast pool ppl from all kind of backgrounds, so this is going to be a good pool of
information sharing.

I want to learn if my existing financial status and net worth is healty, lousy, etc.

So I want to share my info and hope you can share your info too. Please follow the format. At the end of the sharing, you can add your comment/advice.
Age: 28
Occupation: Service Engineer
Marital Status: Not Married but got gf.
Asset(s):

House (2 stories)-
RM220k Outstanding Loan: RM 98k  15 years more

Car (Japanese car)-
Market Value: RM 60k Outstanding Loan RM 45k 4 years more
Liability (ies):
Study loan: RM115k -borrowed from my uncle and he say when he need money will ask from me, any moment(cash)!
Parents, sorry ah pa and ah ma to call you all liability smile.gif

Insurance:
Life: RM20k

Investment:
Bond: RM20k
FD: RM 220k

Cash in hand
RM10k
*
Hi:
Just a stupid question here. Does FD means fixed deposit? RM220K, what is the rate bank offer you?


 

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