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couple (aged 37 and 35) with 3 kids
net worth $2.7M ($0.9M from savings, $1.8M made from buying and selling properties between 2003 and 2011) |
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Currently in the 50s, wife and my combine income is around $700-$750k Per year. Current paid-up residence is worth $4.5M. Have an apartment in D9 collecting $7k rent per month, bought it during the crash at around $1.9M now its valued at $2.8M (outstanding of $620k loan left). Bought an apartment overseas for my kids at $450k, currently valued at $700k. Have $2.8M cash in bank, $250k in bonds (5% yield per year), $300k in stocks (around 12% yield the past two years). Cars are fully paid. Thinking of retiring soon. Was wondering if investing in more stocks and bonds would be a better option or purchasing a 2nd home & use the rental for extra retirement income.
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The only difference if that u are an honest chap while the other person is a Tua Pao Xian. Talk cock only only lah, u think he or she is really so rich meh? They should wake up their idea !!
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Live in a bungalow worth $5m. Cash and stocks $5m. Investment properties $5m. Other investments and assets $5m. |
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