Quote:
Originally Posted by Unregistered
Hi...I read in the early parts of this thread that with a net worth of about SG$ 500k, the person still considers himself poor?? What's the annual income that you guys consider that is comfortable and what is the net worth that you would consider rich? Thanks...
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for me, 100k income is quite comfortable, 200k more comfortable.
5-10m net investable assets will be good.
with 10m, a mere 3% return will give me 300k, enough to be more than comfortable for me. many stocks and 99-year condos give more than 3% yield.