Originally Posted by
Babyjet_dododo
What 3 bedroom in TC are you referring too? It must be the 3 bed/one bath. As the H/A apartments are still valued at about $10M. Repayments will still set you back about $35000 per month.
The pension is woefully low. To the point that if one retires in Hong Kong, 10 years of pension money will last them 2 years at best.
The fact that you :
1) immediately choose a more expensive house
2) believe any pension on the planet is good for retirement after 10 years of contributions
The above shows a huge issue and a complete misunderstanding on how investing works. You need to look at contributions / growth over the long term and see what the graph does. This notion of "I want to work for CX or any airline for 10 years and retire on a 100m yacht with $10m in the bank is madness"
Investing is a slow game, not a get rich quick scheme.