QUOTE(wongmunkeong @ Sep 2 2011, 05:18 PM)
a. younger & dumber days activities
b. divorce.. yeouch! effectively more than 60% gone there due to pay out & rebuilding a new home for myself & my little girl
c. worker ant / lemming
Worried "someone" (no, NOT ah longs - worse) is looking here as i used my real name (and try pressing me for more) , thus, if i may give U an idea (but not exact figures) + percentages of asset allocation
a. My current net worth is less than yours if U keep growing it at such rate until U reach my current age
Assuming U've been in biz for 5 years to create your net worth posted earlier, U'll definitely reach my current net worth by the time you're 38
If U've been in biz for less than 5 years (say 1 to 3), holy smokes - U'll cross my current net worth in about 5 to 6 years.
b. Aim to hit >$3M in real assets (ie. excluding cars, furniture, etc.) by the time i chose to retire - achievable all else being samey samey (ie. markets up/down, no pay increase, no bonus increase, nada).
Lala-land Aim: to hit >$6M and leave at least $3M to charities and family.
c. Asset Allocation held currently.
Pls note that this is NOT my planned allocation - i allocated resources to buy assets via VALUE (buy good Companies' stocks during fear) or PROGRAMMATIC (every quarter using DollarCost + ValueCost averaging) but somehow it's all stuck in bonds & FD since mid 2010
Thank God since now it's a dip - mega sales coming soon.
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If U want more details and discussions (i'm all ears to learn from a biz person's perspective - btw, i'm also in the systems and solutions line BUT auto industry - worker mar), "private message" me
I'm curious....you have no properties in your portfolio, if I followed your posts correctly.... Care to share why?
Sep 7 2011, 01:12 AM

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