What he is saying is $2 million though good money, is not enough to do the things that above poster recommend to do & I agree.

For starters to qualify for private banking, the lowest threshold I found so far is US$5m in investible assets, most are US$10m, so no way $2m can get you private banking. And the key thing is investible assets, taking up housing loan does not qualify.

There is no way to do all 3 things - get 2-3 condo, diversify into stocks, qualify for private banking all at once in a meaningful way with just $2m. Of course you can say buy cheapo condos and a few stocks here & there, but I dun think that's what he's saying.

An quite honestly, gearing up significantly for 3 condos is a bad idea, once the property market tanks, game over liao.