What advice would you give to a fresh graduate?
 

Many of us here are working professionals. Some successful, some not as much as we aspired ourselves to be. But along the way, I'm sure we have all gained a little bit of wisdom here and there.

What advice would you wish you could give the fresh graduate version of yourself back then, in regards to financial planning in the objective of achieving a sizable amount of investments be it in shares/property/anything else many years later?

If I were your age again, I would accumulate all the working experience needed to run my own business early so that I won't get trapped in the MNC employment life till my 40s.

Stay hungry.. Stay foolish...

As my old man used to say : get as close as you can to the revenue. That holds true no matter what industry you are in. If possible - be the producer (of said money), if not make sure you get close to it!

That's why everybody and his cousin are all now flooding to the financial services sector. Soon this whole world will be full of bankers and traders selling investment derivatives to one another. ... then someone will ask who's going to be the farmer to harvest our vegetables and meat for our consumption?

Just eat your investment lor....

logic fail.

For me, I will say

1) investments - important to learn how to invest at least some of your savings/income if you manage to accumulate some; have some risk appetitie as you are still young and can afford to take on riskier asset classes
2) stay humble and make sure people get on fine with you. Do not step on people's toes or sabotage others to get ahead of your peers; it will come back to haunt you. Integrity and honor in yourself is important as this stays with you for life.
3) plan carefully your finances. every $ saved and invested will go a long way. spurlging on unnecessary things once in a while is OK, but not regularly
4) Re point 3, luxury is debatable, but give your family the best when you start one. e.g. if you can afford a car, get a small one so that your family can move around in some comfort. No need to get those German makes/ lucury models...a simple bread and butter one will suffice. Life in Spore is tough as it is, so some treats in our limited life span (avg lifespan say 65-75?) will do us good.

Don't chase pay.

Better to be worth more than they pay you then paid more than you are worth.

Focus on building up your value and the money will come eventually.

don't listen to such useless advice. picasso and mozart both died as paupers.

you need money to survive in this world. you need money first, before you can embark on the things you like to do. so the best is to strike a balance -- find something you almost enjoy doing but can pay you enough to lead a comfortable life, and then progress from there.

Network like your livelihood depended on it, because it does, especially here..... is the wisest advice i could have ever given myself