Quote:
Originally Posted by Unregistered
Good for you! You're still young, so you can recycle your money and leverage. Even if you bomb out, you still have the time to start again. No risk, no gain.
I bought my landed in 2006 for $1.6M. Its now worth over $4M. In fact, I am able to borrow money from it from DBS at cost+1% on the property and invest it at a much higher yield. It gives me a comfortable income stream, while I live in it for doing nothing. Life could not be better.
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Cool. Same here too. Thanks to the pro-rich governments around the world with their loose monetary policies!
We the rich get richer. I sometimes pity the poor and the middle, but this is life. They still get a small chance though. Just don't revolt like in the mid east. Haha.