23-12-2023 11:19 PM | ||
kumgong | Honestly, when you are young, you can take more risk given your relatively longer runway. I would invest part of my money in something high yield like crypto | |
09-11-2023 07:07 AM | ||
gerasimus |
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When I was 25, I was all about setting myself up for financial success, and one thing I wish I'd known about was what is a backdoor Roth. It's a clever way to save for retirement even if your income is too high for a traditional Roth IRA. I'd definitely look into that if I were you! |
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08-11-2023 08:04 AM | ||
gerasimus | Consider investing in low-cost index funds, maybe some individual stocks if you're up for the risk, and definitely focus on paying off any high-interest debt. | |
15-03-2023 01:17 AM | ||
Jeffandrew |
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05-06-2021 03:42 PM | ||
Unregistered |
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27-01-2021 02:43 PM | ||
Unregistered |
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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25-01-2021 12:32 PM | ||
Unregistered |
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25-01-2021 11:38 AM | ||
Unregistered |
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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. |
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22-01-2021 02:36 PM | ||
Unregistered | sim uol rocks. NUS thumbs down | |
22-01-2021 02:11 AM | ||
no username |
Currently studying in uni 4k cash 30k in stock and bond 4k in ssb (bought in 2017) student loan estimate 30k and onwards when graduate, broke af. Typical loser sinkie. |
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