Today's INVEST section in The Sunday Times profiled Mr. Tan Kang Hua, a 27 year old engineer and avid investor who has had more hits than misses in his journey as an investor.
It was reported that Mr. Tan often dresses shabbily as he does not want to flash his wealth.
I guess he does not want to attract any attention. I can empathise with this.
However, accepting an interview by our national newspaper and having photos of him and his family published in full color must attract quite a bit of attention.
Now, everyone who knows him and even people who didn't would know about him and his wealth.
Curious why he would want to do this.
It was also revealed that his best investment to date was the first property he owned which was a 3 bedroom condo he bought in 2010 when he was 24 and still in university.
He sold it off last year for a profit of $300,000 which translates to a ROI of 200%.
Curious how did he manage to get a loan to buy a 3 bedroom condo when he was still in university.
I wonder if Mr. Tan Kang Hua is a reader of ASSI and if he could help satisfy my curiosity.
Failing this, could anyone help to answer these questions?
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1. Retiring a millionaire is not a dream.
2. Making your first million dollars in real estate investment.
3. Excuse me, are you an investor?