[QUOTE=UnregisteredGuess my new plan by 45 years now would be:
1. Reach SGD5mil in liquid asssets,
2. Generate $15K/month passive income
3. Find a new job
4. Pay off debt on investment property
5. Maybe, just maybe buy a new car (had always been eyeing the Maserati grand turismo or quattroporte)
John[/QUOTE]
Well, when you reach your goal of accumulating S$5 mil in liquid assets, generating $15k per month should be a cinch as its only 3.6% returns. Put it into any portfolio comprising high dividend paying blue chip or REIT and you would exceed that. Even property rentals at current prices would yield you 3.5% returns in a low rental yield market like Singapore.
Aim for 10% pa returns. That way, even if you fall short, you have a big buffer. For me, my objective is a minimum of 5% pa returns whilst my aim is to try hitting 10% pa.
Last edited by whizzard; 09-08-2010 at 02:33 AM.
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