Quote:
Originally Posted by Unregistered
Yes I have an engineering degree. Keeping cash to leverage up and buy assets in a downturn to sell at a higher price is my strategy. How else do you think i managed to build up a net asset value of over $2.8M starting with nothing?
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Thanks for enlightenment. I'm still young and do not appreciate these concepts. World for me now is just to avoid debts and minimise interests rates. Seems like there's a way to make debts earn money (like buying property and selling it out higher)
Are you in the sales line? Hard for engineering grads to get a $200,000 base salary at 36. My cousin working as engineer for
SIA Eng is only earning $100k PA, he's 34 now.