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Where would you invest your money at 25?

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  #31 (permalink)  
Old 25-01-2021, 12:32 PM
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Originally Posted by Unregistered View Post
Why broke?
Juat take the 30k stock and bonds to fully pay off your student loan first. Then you are debt free. Its easier to build wealth if you are debt free. For starters it gives you a choice to choose a job that you want to do rather than a job that pays the most but one that you know will make you miserable juat because you have to pay your loans.
Agree...Dave Ramsey would scream in that guy's ear if he heard how crazily that guy us mismanaging his money.

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Old 27-01-2021, 02:43 PM
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Unhappy Advise on how to reach financial freedom

I am currently 27 YO, earning $3.5k/month (before CPF deduction). Started working since I was 21 when I first graduated with a diploma. I saved really hard for my part time degree and fully paid off 20k of it, which I finally attained in end 2019.

Have a 4-room BTO coming in 2022 Q3. Wedding in Jan 2022.

Cash Savings: 60k
Investments (SGX): 28k (just started in 2020)
CPF OA: 58k

I want to reach financial freedom ASAP as I am dreading every single day of work. I hate my job so much and I just think of quitting everyday.

Please advise on better ways to grow my money and how do I reach financial freedom?

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