Support all 4 till die why cannot? Don't count kids since if you count kids then it's no longer supporting 4 adults now, is it? It's supporting more than 4 people then.

There was one dude that converted to singaporean and flaunts his wealth like a year ago in /K...
He even show his account has more than sgd 10million...
Do u think he can square off against bapa kasi?

If you're able to do it and if that's what you enjoy and what you want out of life then that is great.

Kenot, I'm pretty sure daddy kasi is richer.

Got politikus backing wei.

That's why I said I'm the wrong person for you to tell that changing lifestyle is hard....so let's agree to disagree and go to sleep.

So daddy kasi got more than rm30 millions in his account?

I don't disagree. I think for many (not all) the lifestyle change is hard, it's obviously not impossible, many people go bankrupt and have to drastically change their lifestyle, life goes on.

Most probably much much more.

That is something.

You are capable to upgrade, and downgrade, accordingly.

Not planning to have kids, then?

Yes. For 4 adults, it is possible.
I agree.

Don't upgrade so much and you won't have much downgrade to do.

Not to say not planning to have kids, it was merely an example of how 10m could support my immediate family of 4 with all our needs only.

Of course if want to consider other family members and future expansion, the number would change.

Look at it another way - if my family had 10m, we would not need to work for ourselves anymore and just need to work for our future kids as opposed to needing to work for ourself AND our future kids.

Hence why it is always always advantageous to be born into a rich family, hence daddy kasi.

Hahaha

Then, again, I agree.
The last sentence especially.

Somehow I have experienced about the same as you.

Now downgrading.
It is hard, initially.
But it is possible.
And not that hard after a while.

Your advice spot on.

Maybe some of my facts too right.

I have more.....

Different people have different opinions on this, but if it were me and I could upgrade, I would do it lol as long as it's within sensible means. There are some odds, but generally the odds are your financial situation won't deteriorate so much that you'd have to severely downgrade.

Better to have loved and lost than never have loved at all? Lol.

Usually upgrades are very gradual too like you go from going to your fav restaurant once a month to 2-3x a month, you upgrade from a 3 series to a 5 series, you move from a 1mil house to a 1.5mil house, you set your budget to 4k for a new PC rather than the 3k budget you had few years ago. After 20 years, you're suddenly at the point where you're going to your fav restaurant once a week, you're driving a 7 series, you stay in a 3.5 mil house and your PC cost 6-7k lol.

Another major factor is inflation, very rough rule of thumb is prices double every 10 years, so the value of your money is cut by half every 10 years. If you have a million now, in 10 years, it would be worth 500k. So with the million you have, you still have to be able to put aside enough as investment to somewhat hedge against inflation so that instead of going from 1mil to 500k, you go from 1mil to maybe 800k instead.

This post has been edited by silic0sis: Apr 6 2017, 01:44 AM

Not ur normal e klass, last I check it's 500k brand new.

That fella might be a real deal tho, furthermore he's quite old.. Already at his 50's

Yeah, but 500k is not that big a deal, like you don't need to make 10mil a year to buy an E class.
I don't really see anything that would suggest he is as rich as some guys are estimating.

This post has been edited by silic0sis: Apr 6 2017, 02:29 AM

Posting in a hypocrite's thread for the lulz