| | Do a simple calculation now in the context of Hong Kong.
If you have 1M, and the average return let say its 5%, (if you buy HSBC then it's more than this, and gives 4 times a year), so every year you have 50K as interests, divided by 12, so you have 4K to spend every month. Obviously this is NOT enough even provided you have a shelter, a place to stay (you may have it in TinShuiWai, or in some of the Islands, which costs less than 1M to own a flat).
So how about 2M? For a single person, you have more than 8K to spend as daily expenditure, it should be enough I think. With 3M or 4M for a couple, not too bad.
Then of course, it doesn't mean you life is like the oldies who spend their retirement in public parks watching other playing chess. I can still teach a few classes, but only for the high end, over 1k/h will be entertained...
Then I can do lots of meaning and interesting things, and I don't have to do lots of things I don't want and I don't enjoy, typically thouse things like "bend your waist (body) just for 50 kg rice, or for 50k money?)...
i enjoy reading, i'll read all the recommended articles in my previous master programmes, really lots of them!!!
i enjoy playing sports activities, let me do more of them to keep myself healthy
i enjoy playing piano and want to learn more music instruments, let's do it!
i want to learn painting and drawing,
i want to travel around china and the world
....
..
.
a rather long list of things I can do, before the realization of this daydreaming, I must earn more money and a flat first... doing whatever bending my waist whatever angles i am asked to do... |
| | Posted 3/27/2008 4:33 PM - 12 Views - 0 eProps - 0 comments
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