Simple! Uncle8888 shows this chart on How to do it by compounding
Now, you may like to check with your parents, grand-parents, relatives, friends, colleagues, or your fellow cyber retail white hair or dyed hair folks and then do a count on the percentage of those folks you have polled have made it to $1M from $200K capital through compounding return.
Uncle8888 also believe many serious retail investors will have at least $200K capital over time.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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