Originally Posted by Unregistered (Post 57140)

The only way to be rich is to be smart in your investments and never fall in love with your investments. Buy when it is cheap, sell when it is expensive.

I upgraded from a condo to a terrace house in 2006 when the property market was at its lowest point in recent history. I sold it at its peak last year in 2013, made big profit and moved to a new condo. I invested my cash balance and now earning dividends of $80k pa. I am debt free too. Because we are debt free (no more mortgage payments, car loan payments, renovation loan payments, etc), our household expenses is only $90k pa. My wife is still working and earns $120k pa. She is happy with her career.

I am not happy with my work even though I earn $140k pa in salary. I got an offer to work overseas but declined as I don't want my wife the burden of managing our household alone.
I am thinking of retiring from my current job and focus on my investments. With more active investing, I'm confident of making $120k pa. Since we share our household expenses equally, I only need to bear $45k of expenses and I can save and reinvest the surplus.

I think I will send my letter after I get my bonus.

Originally Posted by Unregistered (Post 57168)

So prosperous because of bankers? You know what is the main reason of the prosperity??
What bankers do daily and how does it contribute?

Originally Posted by Unregistered (Post 57171)

Are you an idiot ?
This is exactly what you want to put forward !

Originally Posted by Unregistered (Post 57166)

Why are you replying several times over the same comments...
Don't get so upset... this is the purpose of forum.. sharing opinions..
Unless you are not as successful as you claimed... then there is a reason why you are so pissed when ppl disagree with you..

Originally Posted by Unregistered (Post 57173)

Which industry supporting the finance industry?
Merely selling the financial products?

Ya, like Iceland, all wants to work in bank and this is what happened..
Many European countries are moving towards bankruptcy due to bankers... like you..
Don't understand Supply and Demand..
Just want to earn your commission..

Originally Posted by Unregistered (Post 57175)

Please talk with a lit bit of cow sense.

Originally Posted by Unregistered (Post 57177)

You have no concrete points to support your statements..
Only personal attack and nonsense
May be you are lack of cow sense.. drink more milk please...

Originally Posted by Unregistered (Post 57097)

Nowadays, $5m combined net worth (each $2.5m) is no big deal at all.
Semi-D (fully paid) already worth $3.5m.
Semi-Ds are average type of housing for professionals.
CPF combined, maybe $600k.
Balance for investments, $900k.
$900k investments with 4% yield can only give you $36k pa dividends.
If $10m combined net worth (each $5m), then can be considered rich.
You have $5.9m to invest, gives you $236k pa dividends.

Originally Posted by Unregistered (Post 57185)

This is true. In my bank, the young bosses in their early 40s already have net worth of more than $10m. Their bungalow alone are worth at least $5m. This is not combined net worth. This is their own net worth. You figure out what is their combined net worth with their spouses (who are also investment bankers).

In this forum, an old engineer likes to brag about his combined net worth of $5m.
LOL !!!! Hilarious !!!!!!!

Originally Posted by Unregistered (Post 57185)

This is true. In my bank, the young bosses in their early 40s already have net worth of more than $10m. Their bungalow alone are worth at least $5m. This is not combined net worth. This is their own net worth. You figure out what is their combined net worth with their spouses (who are also investment bankers).

In this forum, an old engineer likes to brag about his combined net worth of $5m.
LOL !!!! Hilarious !!!!!!!