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15-06-2016, 03:44 PM
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At 27, you should be focusing on your career and opportunities for growth cos with that comes money in the form of higher salaries etc..
You should focus on making more money rather than how much you have, how much you can save or cut expenses ..that's more for retirees ..IMO
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17-06-2016, 03:38 PM
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Can anyone advice how to become forex trader?
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17-06-2016, 05:11 PM
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Quote:
Originally Posted by Unregistered
Can anyone advice how to become forex trader?
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Just graduated from local uni, owe bank 10k plus, current asset only 20k.
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13-07-2016, 09:46 AM
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I work for 2 years only, and I also save around 40K++ (from employment) with lesser CPF as compared to you. I also spend unnecessary amount of money on misc stuff. But is never to late to change your spending habit. you are around the same age as me, so still got enough time to catch up. You should be able to hit 100K target (most common goal for people under 30) before 30 years old.
jia you!
You can follow me on my blog as I will report my progress in reaching my goal
://jyklmoneyblog.blogspot.sg/
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31-07-2016, 01:22 AM
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125K in liquid assets. Just turned 30 years old.
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31-07-2016, 06:20 PM
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Quote:
Originally Posted by Unregistered
125K in liquid assets. Just turned 30 years old.
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What's your total net worth (yours + wife's)?
What's your assets? HDB flat? Shares? Cash? Etc
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06-08-2016, 04:53 PM
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Quote:
Originally Posted by Unregistered
Many youngsters think that bonds are too slow, so many go into forex trading or trying to flip shares. The vast majority lose money, ending up losing 20-50% in a year. Especially given the recent market conditions.
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Young people under 30 should start to work hard and earn money through their job, rather than trying to make easy money from flipping shares and property investments...
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11-08-2016, 04:18 PM
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yes this is true, but savings and investment is VERY important when you are young.
With the magic of compounding, you are much more likely to have more wealth at a faster rate as compared to one who started late.
Read this article to see the magic of compounding:
://.businessinsider.sg/amazing-power-of-compound-interest-2014-7/?r=US&IR=T#THbEEd1t7uBORwF6.97
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14-08-2016, 10:07 AM
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4.4 million. I just strike toto
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