Would you lump all your money into a GCB or buy several condos to earn you passive incomes? Engineers will spread their "eggs" into several investment baskets and earn passive income at the same time.
Engineers are also pragmatic people, seldom giving in to ostentatious showing. Most drive the humble Camry or Honda Accords, because to them, reliability beats a showy car that cannot finish a journey. And that's not because they cannot afford the lifestyle. It's just that they have better things to spend their money on.
Now you know why you never heard of engineers buying GCBs.
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Originally Posted by Unregistered
That's true. I have never heard of engineers (the salaried worker type) buying GCBs. Only those engineers who are brave enough to start their own company and eventually do well can afford GCBs.
Those salaried type engineers cannot afford GCBs. The most they can afford are cheap condos (below $2m) and cheap landed properties (below $3m). GCBs are definitely beyond their reach (above $10m).
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