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Old 04-10-2015, 09:12 AM
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What exactly do you respect him for?

He didnt divulge any useful details other than that he is unemployed and managing his "multi-million" (which could be anything from $2m upwards)

In this day and age, $2m doesnt go very far especially when you are 46 and has a long time horizon to live out.

Most of the things he said he was doing eg. buying stocks and holding them, reading reports and attending AGM -- are what many working professionals can also do without quitting their day jobs.

For example what income tax is he paying? What is his passive income? Could be less than $100K pa.

Many other posters here have hit that figure and are still happily working.

Quote:
Originally Posted by Unregistered View Post
Apparently, you're the most successful guy in this forum, given your age and achievements, among us all. I'm inspired by you, even though I'm much older than you. Respect.
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