Excellent observation. Only the TOP lawyers, bankers and surgeons are the really rich.
Engineers just fantasise to be rich ......
Quote:
Originally Posted by Unregistered
Nowadays, $5m combined net worth (each $2.5m) is no big deal at all.
Semi-D (fully paid) already worth $3.5m.
Semi-Ds are average type of housing for professionals.
CPF combined, maybe $600k.
Balance for investments, $900k.
$900k investments with 4% yield can only give you $36k pa dividends.
If $10m combined net worth (each $5m), then can be considered rich.
You have $5.9m to invest, gives you $236k pa dividends. |