22-07-2012, 03:02 PM
yes, 100k pa includes bonus, working OT & weekends.
My initial target was to accumulate abt $2mil before retirement so as to achieve passive income of abt 100k pa, but the stress is getting too much so i compromise by make do w 50k pa passive income.
well, travelled almost the whole of australia, the major cities of china, & southeast asia countries.
there is no fix formuale, tink we all kenna brainwash by our education system to tink there is a model answer to all qns, haha.
u can go broke investing in blue chips & also be rich investing in junk stocks. i invest mainly in second-liners & penny stocks.
My initial target was to accumulate abt $2mil before retirement so as to achieve passive income of abt 100k pa, but the stress is getting too much so i compromise by make do w 50k pa passive income.
well, travelled almost the whole of australia, the major cities of china, & southeast asia countries.
there is no fix formuale, tink we all kenna brainwash by our education system to tink there is a model answer to all qns, haha.
u can go broke investing in blue chips & also be rich investing in junk stocks. i invest mainly in second-liners & penny stocks.
(21-07-2012, 08:37 AM)pianist Wrote:(21-07-2012, 01:52 AM)funman168 Wrote: I only enjoy the $100k pa pay for abt 2 yrs only, haha.hi funman thanks for sharing. i have realli learnt quite a bit. just for wondering if the 100k pa check include all in bonus/entitilements, and does it take a toll on the health? during the retirement, where did u go for holidaying? and for the 'auto-pilot cruise' period after taking off(buy) and before landing(sell), what are the notable company fundamentals that triggered your decision? i recently entered into territory of paycheck in comfortable excess of 100k as well..a bit scared actually..because high pay = no time + stress + no smiling face ;p
Actually, I only start to seriously invest & accumulate wealth after 30 yrs old.
I used to spurge all my winnings & income on sports car, holidaying & partying.
Having high pay does nt default meant that u will be rich.
If u gd in investment, ur nett worth can easily outbeat ur richer high income friends after sm years.