Originally Posted by Unregistered (Post 5288)

Me+wife 36, about 1.5m+0.5m

here are my two cents worth:

- those good teachers who are sad should not be sad, it's what you do with your life...you can go teach chinese in a UK public school and get paid 3 times more, but that means moving/leaving all your life behind, is that what you want? will it make you happy?

- I used to earn/spend like no 2moro, guess i was younger then, so people earning 10k and driving lexus def possible, i used to earn 15k and blow 15k a month, yes it was a great life (but not as good as some of my friends who earn 15k and blow 20k...)

- i guess when i got older (and wiser) i earn 20k and blow 'only' 5k...and now my credit card bill doesnt even get past 1k...! how life changes! and I feel equally happy...

- those who take some risks get rewarded...if you worry all the time if you buy some stocks/property it will go down etc. then you're never going to get rich. My bro, 5 years older, does that and has stashed hard earned salary in HSBC for 20 years eanring 2% p.a.. I am now double his networth. He is certianly more frugal than me too. The difference is I invest 50% of what i save over 10-15 years on stocks, funds, property, trades, business etc etc..

anyway, more important to find happiness in life..it's worth a lot more, we all only get 1 life each!

Originally Posted by Unregistered (Post 5303)

I was 33 and had $2.2 mil cash excluding residence, after working for 6 years. But now it is still the same. I had a problem growing money the last 2 years n was a failure. Lost in all the investments i made.

Now figuring out how much is enough to stop working, n start doing things i really like. I am thinkg 4 mil for a simple life, except with non stop travel round the world.

Figured i can continue working n be much much richer, but i work 15 hrs a day. I have no life. And life is short, I wouldn't know when i will get cancer, that is the day I will regret if I continue working n working..... very sad

Originally Posted by Unregistered (Post 5247)

Why do you find it hard to believe? It just means they don't save a lot!

I know of a single who drives Audi A8 and lives in a prime condo studio. He doesn't save a lot and believes strongly in "living for today". If you question his extravagance, he'll ask you back: why save so much when you can't bring it with you when you die, and it could be tomorrow that you die.

Originally Posted by Unregistered (Post 5289)

50 yrs
cash $6.2 mil
stocks $600k
cpf $450k
1 property in malaysia fully paid, value ?? M$1.5 mil

Staying in bungalow - loan 8.6mil

networth $0

Originally Posted by Unregistered (Post 5317)

For someone who saved 8.6m, your math sure is bad. Your networth is not $0. All our assets can pay off your loan so your asset is your bungalow. Say its worth $15m, then your net worth is $15m

Originally Posted by Unregistered (Post 5316)

if you read properly, I do not think they are bragging.