@N_Heisterhagen BMW have over a dozen competitors who can displace them tomorrow if needed; Mercedes, Audi, Porsche, Lexus just to name a few. There is no moat.
Then there is SpaceX, reusable rockets, starlink satellite, AI, orbital computing.
$BTC Bitcoin is the ultimate binary play: infinity or absolute zero.
Then there's $STRC, capturing the worst of both worlds. Imagine having your upside capped by dividends while still holding the bag on a potential -99% rug. No thanks. ๐
$BTC $STRC
@NoLimitGains 5m networth with a paid off home, and you never have to work again.
At 4% withdrawal rate, that is 200k per year, while the median household income is 80k. If one can't live off 2.5x the median household income, it's a user problem.
@Chicky_Think Add in rental yield for a proper calculation and you'll see Singapore property beats the S&P.
Moreover, buying a BTO is significantly discounted below the benchmark by 25-30%, this will supercharge the returns.
@AaronCQL@Chicky_Think 2M condo at 850sqft is 2352psf. A resale, at that psf is well into the luxury range.
There are plenty of well sized 3 bedder condos in rcr or good ocr locations.
@nara_gunny@Melee1988@MsMelChen kra canal is dead. it's never happening. Thailand is building a land bridge instead. Maritime sector as a whole contributes 7% of Singapore GDP.