Thanks for sharing.
I came from a poor family and I know the value of every single cent. I worked hard in school, uni and at work and excelled. I made a lot of money and now a millionaire at the age of 50. I have decided to quit my job to devote full time in doing charity work to feed the poor and needy. It is time for me to give back. With my fortune, I don't have to worry about money as my passive income is a lot to feed my own family.
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Originally Posted by Unregistered
We downgraded from our condo to a flat a few months ago to cash out from the gains we made in our condo. We bought it for $500k in 2001 and sold it for $1.4m. We bought the flat for $450k fully paid up. Now we have cash of $1.6m which we plan to invest in blue chips to get 5% dividend yield or $80k pa. We will retire once our children got married and living in their own BTO flat. With just two retired persons with no debt, we will just need $50k pa.
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