I have visited the Casino. My first experience! Never been to Genting or Macau.
Blew $100 to enter, and blew another $100 to realize I am part of the 90% of the statistics who lose at gambling. Blew another $50+ on trying to win the $6mn and $10mn TOTO draws during the CNY period.
Looks like I have to keep my resignation letter and shelf my 'retirement' plans. I planned so nicely what I would do if I had struck $2mn!!! Dump $1.3mn in a nice condo and rent it out. $30k get a 2nd hand car (no investment value), $70k give family n friends, and $600k put in Suntec Reit stock. Dividends are about 10% per year based on current market value and 2009 dividends. That's a handsome $60k a year, rental collection of $40k (rental yield at 3,1%) a year --> $100k a year! Judging by my lifestyle, I can comfortably retire! haha Wishful thinking!~
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