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Old 01-08-2010, 12:44 AM
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Originally Posted by twentysix View Post
Before I begin I'll like to disclaim that I am not here to brag (but if I do sound braggy I'm probably just a little proud of myself) and all info entered here are genuine.

I am 26 single and am currently receiving income (stable now) of e-Commerce businesses of $23K/month. I had about $250K cash which I recently invested in a brick-and-motar business generating $10K profits per month (little you might think but the cash turned into assets). I work only about 1 hour/day overseeing operations as I have 3 staffs working for me.

I live with my family in a 4-rm HDB and drives a normal car. I had been full-time employed for the past 7 years, last drawing $45K/annum in IT (without Degree) which I have quit.

I co-own the HDB, but let's just ignore the HDB and my miserable $30K CPF-OA. I do not have much debts. My current net worth should be about $300K excluding the HDB and CPF.

With stable income of about $30K/month with little work to do, I am at a loss. I am too free everyday and I don't feel like I have much goals now that I have met mine and am contented. I am not very keen in nice cars but I do want to get a landed property (in the next property slum), but then I declare too little for a bank to loan me the money. I yearn to own a yacht but I am not THERE yet.

I have thoughts of getting a job overseas (e.g. US, Taiwan) to get a life experience with working overseas, doing something I like without minding the salary, but being a 26-year-old Asian without a Degree probably isn't an attractive choice to employers.

Successful ones, please share with me how you would carry on with my life from here if you were me.


PS: I'm doing my part-time direct Masters course already, in case you wonder why do I not spend the time and money to obtain one.
wow, you are in an enviable position. i'm 33 and have to slog 5 days a week to make 13K per month. anyway, my advise for you: in the accumulation area, funnel your profits into expanding your businesses as well as save and invest carefully while the sun shines, e.g. stable stocks with decent divident yields like singpost. at the same time, consider giving back to society actively such as sharing your knowledge or skills.
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