Quote from newwurldmn:
If you aren't sure or emotionally comfortable managing that size of money, you will have problems. 15MM is different from 150k and is also different from 150MM. Each order of magnitude is an adjustment and can be very costly if you don't already have a plan.
These comments don't really inspire confidence.
Yes that is why it has to be progressive. Before i touch, have access, or rather, utilise the entire 100% cash, i would hv been already comfortable with say 250k, for a year. Till all 100% or 150% margin is used up.
Then i shall look for the next 750k which shld be ready by then. IMO, the killer is the 1m to 12m mark, due to the higher amt. Which means i might need to dig into the korea, JP, HK, markets.