saves $400 per month from the age of 25 to the age of 65 at a
compound interest rate of 4% per annum, you will be a millionaire
at age 65.
So, if one's goal is just to be a millionaire, the goal is
easily achieved.
But if one wants to be a millionaire at the age of 30, one will
need luck, acumen or extreme thriftiness as practised by retarded
moron lor.
Many people buy HDB flats and sell them to make substantial
profits and re-invest the money in private properties at the right
time to become millionaires.
Though many people invest in shares but not many people become
millionaires by making huge profits in shares.
People seem to be making capital gains through real estate
easier than through stocks, like you said. Besides, I can't live
and sleep in stocks.