tag:blogger.com,1999:blog-25714039.post115103491786108882..comments2023-10-26T00:17:28.411+08:00Comments on A Private Portfolio: Getting to Ultra HNWI statustraineeinvestorhttp://www.blogger.com/profile/05179861120801348035noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-25714039.post-28812844329315822442010-10-09T07:00:32.205+08:002010-10-09T07:00:32.205+08:00I came to know some HNWI as I mostly deal with bos...I came to know some HNWI as I mostly deal with bosses. <br /><br />They really can roll their money faster than you can imagine. Real property remain their favorite past time and fixed deposit. No wonder all around the world property price up like no body business.Anonymoushttps://www.blogger.com/profile/08296562141090614081noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-23208398189859090602008-05-07T19:22:00.000+08:002008-05-07T19:22:00.000+08:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-25714039.post-69170134036656026192007-03-14T05:52:00.000+08:002007-03-14T05:52:00.000+08:00while the stock market only returns 8-10% in the l...while the stock market only returns 8-10% in the long term, HNWIs usually figure out a way to get much higher returns with leverage.<BR/>I have personally gotten 1400% returns (75k profit on a 5k investment over 18 months). No doubt, its not easy to scale these numbers, but getting 18-24% return while difficult is not impossible.<BR/><BR/>at 24% return, you're making 30million in under 30years (starting with a 100k)Adventures In Money Makinghttps://www.blogger.com/profile/13626547145630159461noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-1157514082335450702006-09-06T11:41:00.000+08:002006-09-06T11:41:00.000+08:00I think a combination of income from employment, b...I think a combination of income from employment, business ventures and investment returns can possibly launch one into the ultra HNWI status. <BR/><BR/>Your assessment of a 33 years period for 11% return on investment of 1 million to become an uHNWI is sobering.<BR/><BR/>I see that you are heavily invested in the real estate market. Given the high potential for a housing crash, do you think it is too risky?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-25714039.post-1151918688674956092006-07-03T17:24:00.000+08:002006-07-03T17:24:00.000+08:00Given that most students emerge from university wi...Given that most students emerge from university with debt, the reality is that by starting to put money aside for their education and retirement from birth gives them more than a 21 year head start. But definitely, the benefits of an extra 21 years of compound returns would be amazing. The only thing I would worry about is that it may take away some of the children's motivation if they know that their future is taken care of.<BR/><BR/>As long as we are both working, our savings are going towards our general investments which can be used for any purpose (retirement, children's education etc) as and when we wish. It gives us maximum flexibility (unlike the US tax considerations are negligible for us in Hong Kong). Once we are closer to retirement we will revisit and see if a designated account may be a better option.traineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-1151305865036312542006-06-26T15:11:00.000+08:002006-06-26T15:11:00.000+08:00the inheritence model might work bettter for the c...the inheritence model might work bettter for the children of savers that don't make it into the hnwi catetory.<BR/><BR/>i for one am not only putting money away for my children's future schooling, but also in their retirement accounts.<BR/><BR/>imagine how helpful an additional 21 years would be to your retirement investments?<BR/><BR/>regards,<BR/>makingourwaymakingourwayhttps://www.blogger.com/profile/13748811641577990850noreply@blogger.com