Catch 21 in life

[grevq80o]

Dear grevq80o,

I bought into BTC heavy and made haste decision to realize the paper losses during the liberation period.

I was impatient and panicked.

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

OIC ok... noted with thanks

 

[zueinder]

Dear all,

I am 48 year old, and have retired last Dec thinking I would have sufficient for a graceful retirement. But I was wrong and made a few wrong life decision that impacted my retirement fund and planning.

Fast forward to the 3Q, 2025 my retirement fund has depleted more than 50% due to various reasons and bad decisions made over the course of months, I have had no choice but seeking active employment for past months but to no valid. Nevertheless I continue to search and send my resumes in hope to obtain a job interview at the very least.

Life is really a dilemma and full of entrapments - I wanted to be financial freedom and responsible; having passive income either through reits or property however the latter option seems non viable nor sustainable as the taxes, hidden costs and potential liability lingers. Though one may argue there's opportunity for capital gain but the mounting pressure of paying off the housing loan is too much for me, specifically under such circumstance as of moment.

On the other hand, if I am not pursuing the property long option I may run into a greater risk of pricing myself out for a long term housing roof for my children and family. Again, this is debatable as many of established experts and financial gurus would argue children can fend for themselves and it is perfectly fine to tank housing loans with Ali Baba maths from singapore scholars.

Perhaps I am thinking too much too far but I feel I am trapped in the catch 21 situation whereby I do not know what are the viable and sensible options available for me and my family for long term sustainability.

Are you in similar situation?

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

You want honest answer or copium?

Feels like either way will make you sibei dulan.

 

[fade_white]

I didn’t read. But I thought it’s catch 22?

 

[ST Optimist]

With 1 million is it enough to retire?

He said he got 10 USD million when he retire....

 

[enimen]

He said he got 10 USD million when he retire....

10 mil also not enough? That's crazy

 

[kensk76]

10 mil also not enough? That's crazy

guess he don't eat cai png everyday

 

[DulanMax]

financial gurus would argue children can fend for themselves and it is perfectly fine to tank housing loans with Ali Baba maths from singapore scholars.

 

[cosmothecat]

long story short please

At 48, I retired believing I had enough to sustain myself, but poor financial decisions led to over 50% depletion of my retirement fund by mid-2025. Despite months of job searching, I’ve had no success but continue trying.

I feel stuck between unsustainable property investments with mounting liabilities and the risk of being priced out of future housing for my family. The uncertainty has left me unsure of what path ensures long-term security.

 

[Dinoboyboy]

i hope someday to also catch a 21 yo syt to make a life..

 

[Money no have]

Huh have you been scammed or kenna cheated of money?

 

[NintendoSwitch]

To have a passive rental income from property investment = must have the cash to fully pay up for the unit. Not using rental income to minus off the mortgage loan = not much or nothing left. This is not called recurring passive income.

On the other hand, if the private Condo is fully paid for, owner will only have to worry about sinking fund and service charges aka condo maintenance fee which is due on a monthly basis. Even if the unit cannot rent out and left vacant for a couple of months also won't feel so pressure. Imagine cannot rent out for 6 months and you have 6 months of housing loan due! Lan Lan have to dig into savings to pay for the outstanding loan amount right?

Exactly. Chiu noe dey r dying for another lockdown. Then tenant flee home n unrented mortgage in owner's name.

 

[JAson1980]

Go open a f&b

And die faster?

 

[cranthir]

how is your teban garden?

 

[cranthir]

Dear clearsky7,

I was heavily invested in us stock and involved huge in BTC. Lost it when I realize the losses during liberation period.

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

you never buy back?

 

[Yowe55 mini]

you never buy back?

Dear cranthir,

No. Fear then tells me otherwise.

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

 

[buttbERry]

wa buy btc? Bky la

 

[Yowe55 mini]

wa buy btc? Bky la

Dear buttbERry,

I am burnt again by BTC. BTC is on downward trend.

I realize I do not have what it takes to be value-investing. I have been in losing streaks.

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

 

[mosmos]

Next time dun marry a siambu

 

[Yowe55 mini]

Next time dun marry a siambu

Dear mosmos,

Why do you know my background?

Confidence for the future. More good years ahead... Let us take Singapore forward together.
Thank you.

 

[MoeLanYong]

TS
1. You should stop trolling

2. It is not a nice thing to bait readers to sympathise with you and then you pawn them by revealing you have $2m cash.

You have revealed this number before.

You may find it a thrill to pawn people, but it is done in poor taste.

Jmho