Originally Posted by Unregistered

Singapore is a famous playground for the rich. There are so many investment opportunities be it properties, stocks, derivatives, alternatives, online businesses etc. If one has as stable and decent well paying job, it shouldn't be hard to reach at least 1 mil before 40 at all.

The problem is many people are just too lazy too care. They either spend most of their money with little savings or worse still, save money diligently every month but too lazy to even figure out what to do with the savings. Either leave it to rot in the banks or just dump everything to garbage like life insurance, endowments or mutual funds.

Then when they are fired in their 40s and 50s, go around whining about foreigners, "stupid HR/boss", uncaring government and default to another brain dead overwork underpaid option like driving Uber/Grab. Worse still some get jealous and lash out at similar people like them who have succeeded by labeling them as just simply lucky in investment or have rich parents.