Comments on: Number of Millionaires up 15.3%

By: Curious

Curious — Thu, 03 Jul 2008 09:51:54 +0000

Hello admin, do you know if the 77,000 HNW includes non resident singapore or they apply to singapore citizens and PR only?

By: Waverley

Waverley — Mon, 30 Jun 2008 05:39:42 +0000

Of interest will be to know where they invest the rest of the 56%.

By: residence not include

residence not include — Mon, 30 Jun 2008 01:07:17 +0000

Investment props are included, but the residential prop is not.

By: Collin

Collin — Sun, 29 Jun 2008 01:43:04 +0000

I would think properties is included.

By: Careerwork

Careerwork — Sun, 29 Jun 2008 00:19:11 +0000

For this statistics, is the net worth based on the difference between the assets and liabilities? So can the properties be included in this computation ? Some of my colleagues said no.

By: Wealth Journey

Wealth Journey — Sat, 28 Jun 2008 15:37:41 +0000

Yes. for most HNW, the number 1 priority is wealth preservation not rapid accumulation.

It is harder to face the lost of your wealth than to see any significant gain in it.