Being conservative I think I will need >1million to have a sizable monthly dividend amount to sustain my desired future lifestyle. $550k feels quite little for a comfortable retirement
Yes sometimes like it’s hard trying to time a market crash. Like sometimes you just can’t get the lowest and best price but at least can comfort that you got a good price.
I would still prefer to live in a safe country with no racism or other dangerous factor so Singapore still remain my best choice. Other choices would include JB which at least is near Singapore with more singaporean or Thailand
I recommend "The Psychology of Money" by Morgan Housel (2020). It offers timeless lessons about wealth, greed and happiness through engaging stories and making complex financial concepts accessible. The core message is that successful investing is less about what you know and more about how you behave.
Hardest would be policy, as you never know or can never really confirm those in power and what they will do. just see the recent flip flop and drastic policy changes by the US @koolgal @Fenger1188