*Official* General Market Chit Chat Thread - Part 6

[Genosis]

https://sg.finance.yahoo.com/echarts?s=G07.SI#symbol=G07.SI;range=5y

GE can buy ma? pray for OCBC buyout?

I prefer selling to some Chinese insurance company like Ping-An......they hungry for overseas acquisitions...hehehe Chop their carrot heads

 

[Hot_Dog]

https://sg.finance.yahoo.com/news/mcdonald-said-plan-400-million-043810934.html

Who in SSI buying

 

[Genosis]

i thought they went to a jalan sultan ktv?

Tiagong they booked the whole Pangea......

 

[Genosis]

What happened at the student meet up 2 wkends ago? Lai lai share share leh.

Sent from Sony E6853 using GAGT

Moi ish curious too......did the lone chiobu turned up in the end?

 

[juventusfc27]

better than me, i not working
joblesss LOL

I rather be jobless n have 300k den working like dog not knowing how long it will take for me to get 300k

Maybe my entire life cannot even hit 300k cash LOL

Sent from Tzuyu's panties using GAGT

 

[juventusfc27]

Moi ish curious too......did the lone chiobu turned up in the end?

All of them at the student meetup went to NUS for some fun n action.

It's true bcos I'm the orientation activity.

Sent from Tzuyu's panties using GAGT

 

[homer123]

I rather be jobless n have 300k den working like dog not knowing how long it will take for me to get 300k

Maybe my entire life cannot even hit 300k cash LOL

Sent from Tzuyu's panties using GAGT

Earning ,saving and investment is like a marathon.. My starting pay was only 2k and I started with a 20K debt when I started working. I have since saved more than 1 mil + house paid off.

 

[akwl88]

Earning ,saving and investment is like a marathon.. My starting pay was only 2k and I started with a 20K debt when I started working. I have since saved more than 1 mil + house paid off.

1 mil???

bro, can share with us how you do it?

sharing and caring for the younger generation

 

[Genosis]

I rather be jobless n have 300k den working like dog not knowing how long it will take for me to get 300k

Maybe my entire life cannot even hit 300k cash LOL

Sent from Tzuyu's panties using GAGT

10kkj

 

[hwarzoner]

yup is achievable to have 1 million in networth in our life time.

i always tell my peers, even if don't invest, don't do business, at least put your money into savings promotion or fd even if u earn high income, at least let your money work a bit harder.

currently my esaver interest is enough to pay for my insurance and income tax at least it helps in my monthly expenses leaving some of my salary untouch.

now younger generations are more financial savvy so it is possible to attain wealth much earlier

 

[V_for_Vanilla]

1 mil???

bro, can share with us how you do it?

sharing and caring for the younger generation

If cannot increase earning, then increase savings. Live very frugally, monitor expenses. Those with yolo mindset won't agree though.

 

[Arsenalz]

Not sure how $300 can work. I record all my expense on excel for a good few years now. Expense is always increasing. Married with 2kids, difficult to save much.

 

[starfish.starfish]

I got one aunty
She dunno how to invest
Only put fixed deposit
Now age late 50s she has around half mil in cash and a fully paid hdb
She single

What worked then will not work now. High interest rate environment vs low interest rate env. The truth is you need to make your money work harder for you compared to years ago when putting money in banks will already generate good interest returns.

And it's a known fact that our salary did not rise proportionately to inflation.

 

[Sinkie]

1 mil???

bro, can share with us how you do it?

sharing and caring for the younger generation

either u must have a high salary to start with ie $10,000 per month or you must have a very big risk appetite for investment and speculation.

so which is your? if you doesnt have either one, then bobian le..

 

[starfish.starfish]

1 mil???

bro, can share with us how you do it?

sharing and caring for the younger generation

Step 1, don't spend all your time pcw in forums, time is money make sure ROI is there.

 

[TheIntelligentInvestor]

For those working, need to stay on the job and invest early. Took me the first 16 years of working, saving & investing to hit 1M net worth. Not easy in the early years, paying off uni loan, first house, kids, etc. Partially thanks to GFC & much higher earning power, it only took me the next 4 years to hit the 2M. Not to show off, but to share.

 

[Maeda_Toshiie]

If cannot increase earning, then increase savings. Live very frugally, monitor expenses. Those with yolo mindset won't agree though.

Your salary places a fixed upper limit on how much you can save, even if you spend $300 a month. Those on low(er) salaries are not going to get very far by pure savings.

 

[OngHuatHuat]

How old are you this year?

For those working, need to stay on the job and invest early. Took me the first 16 years of working, saving & investing to hit 1M net worth. Not easy in the early years, paying off uni loan, first house, kids, etc. Partially thanks to GFC & much higher earning power, it only took me the next 4 years to hit the 2M. Not to show off, but to share.

 

[Sinkie]

For those working, need to stay on the job and invest early. Took me the first 16 years of working, saving & investing to hit 1M net worth. Not easy in the early years, paying off uni loan, first house, kids, etc. Partially thanks to GFC & much higher earning power, it only took me the next 4 years to hit the 2M. Not to show off, but to share.

once crossed 1m, very hard to go for the 2nd million unless u have a cash cow that keep generating money..

 

[OngHuatHuat]

Very easy or very hard?

once crossed 1m, very hard to go for the 2nd million unless u have a cash cow that keep generating money..