Back in 2005 or 2006, one or two short years when I was starting out digesting all these information on investing, I encounter a forum member.

He shared with us some of his background, financial situation, family make-up and some of his lifestyle choices.

What I distinctly remember was that his spouse and himself was 38 years old and he had a portfolio of $638,000. He drives and lives in a HDB flat.

Now back then, I thought its incredibly humbling that someone who has such a high net worth would choose to live in a HDB flat, when he could have been more socially mobile and moved up to a condominium.

One of the reasons I came to that conclusion is that not many people around me discussed about how much wealth they had.  Due to that, $638,000 to a fresh university graduate sounds like a lot of …