Yes. You are correct. In investment, there is always an element of luck. Before making 1 million, I have already some success in reaching 500k. I picked seemingly extremely undervalued stocks that paid hefty dividends (the dividends come from organic growth of the companies) and just hold until they get recognised. My stocks are not restricted to those listed in
SGX but all over the world. You have guessed correctly, the latest breakthrough success come from the 2008 meltdown and I am able to to make some.
My present job is the kind that some of you have been grumbling about in this forum, 5k-and-stuck-there the kind of engineering job. I am a flexible person. My lifestyle can change according to situation but I am not attached to extravagant luxuries. I do dream of a better house but am not a fan of owning car.