Age 30 .. Appropriate net worth?

Originally Posted by Unregistered

This is a typical profile of a successful 30 year old guy:

1. Married to a beautiful wife with a cute baby.
2. Earns $250k pa.
3. Lives in a condo.
4. Drives a big continental car.
5. Net worth of $3m.

Not easy to achieve though.

If you think this is successful, you're not successful.

Originally Posted by Unregistered

If you think this is successful, you're not successful.

He will understand one day... hopefully

[walnutpaste]

Originally Posted by Unregistered

When I was 30, I earned $60K pa, owned nothing, rented a HUDC flat, had a Mitsubishi Lancer and net worth of about $130K

When I was 40, I earned $210K pa, owned a 3-bedroom condo, had a BMW 316 and net worth of about $1m

At 50, I earned $700K pa, owned a landed property, had a Porsche 911 and net worth of about $4m

Today I have net worth of $12.5m

Point is, things can change dramatically over time. What you have at 30 is little reflection of how things will turn out.

Hi, can you share on what occupation you are in and the investments you did to accumulate such a portfolio?

Thanks.