Quote:
Originally Posted by Unregistered
Don'r worry about his asset allocation la. you believe he got 650k in the bank?? you know how much is 650k cash or not? More like he got 650 in his bank, staying in 3 room hdb. tokok forum. |
Yes, it's true. I did it by leveraging up and buying and selling 3 condos between 2003 and 2010. Made around $1.4M. Savings from 12 years of working amounted to another $850K (wife and myself combined). My current terrace house (bought in 2010) has a paper gain of $300K. All in all, that's how we built up a net worth of $2.55M
Our household income is over $200K for the past 4 years.