Quote:
Originally Posted by Unregistered
Male, 48, retired. Passive income S$82k pa from dividends. Lives in a condo in Bukit Timah. No debt. Spends time as a volunteer in overseas missions with a global charitable organisation to feed the poor. My life feels great now. Feeling very fulfilled, realised how lucky I am. I think I am among the top richest 1% of the world's population. I feel sinful if I don't do something to help the world's poor. The poor in our blessed country is nothing compared to those in parts of Asia, Latin America and Africa. My net worth can feed thousands of these destitutes.
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thanks for sharing. if your dividend yield is 4%, it means you have about $2m in your stock investments. assuming you have another $3m of assets outside of stocks, you have a total net worth of $5m. does that put you among the "top richest 1%"?