Me & My Money

Scaling one impossible peak after another

Motivational speaker and mountaineer David Lim's portfolio comprises roughly 40 per cent property, 40 per cent equities and 20 per cent cash. He gets about 4 to 5 per cent returns on most of his asset classes.
Motivational speaker and mountaineer David Lim's portfolio comprises roughly 40 per cent property, 40 per cent equities and 20 per cent cash. He gets about 4 to 5 per cent returns on most of his asset classes.ST PHOTO: KELVIN CHNG

Local Everest pioneer achieved financial freedom before 50, a goal he set for himself

When motivational speaker and mountaineer David Lim was 42, he set what seemed an impossible goal - financial independence before 50 - yet it became just another peak he managed to scale.

He reached that particular summit five years ago when he turned 49, thanks to his multiple streams of income from business and property and a modest lifestyle.

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A version of this article appeared in the print edition of The Sunday Times on September 23, 2018, with the headline 'Scaling one impossible peak after another'. Print Edition | Subscribe