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Old 11-12-2012, 08:06 PM
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50K in dividends (assuming extremely fantastic 10% returns) implies minimum 500K in shares?
With that amount of money in shares it could have been leveraged up to buy a 2.5M house.

I'm cash-negligible.... somehow when i save up enough I'll put it into property and start from nearly zero cash again.

Wonder how other people get to the perfect state of both cash rich and asset rich? Can share?

My passive income (from rental) >3K a mth. But after factoring the agent fees, maintenance, monthly loan repayments, tax, it goes back to net zero. So I feel no different from before, am living no better, though my taxable income looks high .... wondering if this is the right way to do things. My salary is very average.
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