how to plan the future

[bibu00]

First on your to do list is to get your butt down to a Posb branch and open a NSF 2% account.

 

[miketay90]

First on your to do list is to get your butt down to a Posb branch and open a NSF 2% account.

+1 haha...

Sent from Lalaland using GAGT

 

[akwl88]

+1 haha...

Sent from Lalaland using GAGT

http://blog.moneysmart.sg/saving/posb-save-as-you-serve-programme-nsfs-singapore/

 

[kzonexx]

Buy Warren buffet's stock. I think I'll buy too.

 

[miketay90]

Buy Warren buffet's stock. I think I'll buy too.

I preparing to enter too xD

Sent from Lalaland using GAGT

 

[Beefslice]

First on your to do list is to get your butt down to a Posb branch and open a NSF 2% account.

Too early haha

 

[Beefslice]

Buy Warren buffet's stock. I think I'll buy too.

Berkshire Hathaway ah ? Which korkor wan sponsor haha

 

[kzonexx]

Berkshire Hathaway ah ? Which korkor wan sponsor haha

Get the B stock lah.

I have about 15k for this. Not much diff fm urs.
But never bought US stocks before so not sure when to buy.

 

[Perisher]

akwl88, many members have reported you on a almost daily basis, stop your nonsense.

 

[akwl88]

akwl88, many members have reported you on a almost daily basis, stop your nonsense.

yes boss

 

[Azalea]

There's three ways to get Rich in life.. Trading, do business and tio toto..

 

[Beefslice]

There's three ways to get Rich in life.. Trading, do business and tio toto..

Not even joking but I'm doing all 3 at once

 

[bibu00]

Not even joking but I'm doing all 3 at once

It's depends on your view of risk, and your luck.

Chances are burnout your cash ($10k) and still not get any significant return from any of these 3.

Better to learn to 脚踏实地, learn a skill, be good at it, get a day job, and manage your finance well enough to retire comfortably at 50-60.

Pls don't quote me when u are winner of cascade toto draw.

 

[Beefslice]

It's depends on your view of risk, and your luck.

Chances are burnout your cash ($10k) and still not get any significant return from any of these 3.

Better to learn to 脚踏实地, learn a skill, be good at it, get a day job, and manage your finance well enough to retire comfortably at 50-60.

Pls don't quote me when u are winner of cascade toto draw.

Amazing advice . Thanks a lot!

 

[Mr.Canberra]

Beefslice,

These days S$10,000 not much if compared to 20 years ago due to inflation.

Instead of wasting time thinking what to invest in you are better off:

1) Get a job, work and save for the first 10 years of your working life. Dump the savings into risk free Fixed Deposits. At the same time use a small portion of funds to experiment with stocks, bonds, Forex, etc. Once get the hang of it with comfortable steady returns then increase the stakes.

2) Invest the S$10,000 in yourself or your own business. Your returns will be much higher than any investment instruments if you make it.

 

[Darkzi0n]

My personal goal is to collect dividend like nobody else when at 30,aiming at least half the salary at the point of time then can get into SG property game then collect rental shake leg

to get $2,000 per month u need around half a mil to do so... but if u can have half a mil of invest-able assets by the age of 30, no way 2000 will be half of ur salary....

 

[Beefslice]

Beefslice,

These days S$10,000 not much if compared to 20 years ago due to inflation.

Instead of wasting time thinking what to invest in you are better off:

1) Get a job, work and save for the first 10 years of your working life. Dump the savings into risk free Fixed Deposits. At the same time use a small portion of funds to experiment with stocks, bonds, Forex, etc. Once get the hang of it with comfortable steady returns then increase the stakes.

2) Invest the S$10,000 in yourself or your own business. Your returns will be much higher than any investment instruments if you make it.

amazing , thanks for the advice.

 

[Beefslice]

to get $2,000 per month u need around half a mil to do so... but if u can have half a mil of invest-able assets by the age of 30, no way 2000 will be half of ur salary....

yupp some bros mentioned to me , i have to be realistic too , despite having dreams

 

[Mr.Canberra]

amazing, thanks for the advice.

Wish you all the best.

My strategies are mostly 50% conservative + 50% calculated risk profile. This way you can retreat without heavy damage should things not work in your favour.

 

[Dividends Warrior]

I'm gonna jump in here, even though my name is not DW.

I think the Singaporean market is fine. It's trading at historically cheap levels (when you look at the price-to-earnings ratio - basically the amount of EBITDA you get for the price you pay is historically good); it's spewing out dividends like a firehose; and it's got a lot of rock-solid companies (the banks, Singtel, the REIT managers, etc etc). Admittedly it's also got a few really rubbishy stocks down the bottom end of it, but the majority of the STI is in sensible, solid, big banks and telcos that reflect the Singaporean economy.

Impeccable reply as usual, bro Shiny.