For an average joe in his 40s, the only way to level up in life is through investing/trading

N4E.SI

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At this age, there is not much chance of any significant career progression already (can keep current job is already a challenge for some)

Career switch to a different industry also quite impossible since no companies will be willing to hire an old worker with no experience in the relevant field

Starting own business will involve significant financial risks and at this age, one don't really have the time horizon to start all over again if the business venture fails

The most probable way to achieve financial freedom will be through regular investing - pick good stocks and hold for the long term or if one is lucky, find a few meme stocks or crypto coins that can surge multi folds

Investing is also one of the things that has a pretty level playing field - You don't need to have connections or network, born in rich family etc

Just willingness to put in the effort and time to be familiar with the financial markets and there lots of information available online these days
 

cyke69sg

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At this age, there is not much chance of any significant career progression already (can keep current job is already a challenge for some)

Career switch to a different industry also quite impossible since no companies will take in a old worker with no experience in the relevant field

Starting own business will involve significant financial risks and at this age, one don't really have the time horizon to start all over again if the business venture fails

The most probable way to achieve financial freedom will be through regular investing - pick good stocks and hold for the long term or if one is lucky, find a few meme stocks or crypto coins that can surge multi folds

Investing is also one of the things that has a pretty level playing field - You don't need to have connections or network, born in rich family etc

Just willingness to put in the effort and time to be familiar with the financial markets and there lots of information available online these days
Correct!
You finally understand!
This is why for my own kids and future generations I don't give a F about education study get Simi good job nonsense.
Just be good at investing is far better than learning how to be whatever so called professional or what top this and that occupation
Nothin beats investing.
 

Heriophant

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Cant believe TS hasnt created a weather thread this week...

Best is to start investing young. Pick a ETF and be in the long gain.. :s42:
 

N4E.SI

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Or every week (2 times) 脚踏实地 & 安分守己地买 Toto 🤞🙏

The probability is like 1 in 100 or 1000

Stock investing easily 70-80% chance since markets always trend up in the long term
 

LoUsyGamER

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Correct!
You finally understand!
This is why for my own kids and future generations I don't give a F about education study get Simi good job nonsense.
Just be good at investing is far better than learning how to be whatever so called professional or what top this and that occupation
Nothin beats investing.
Parents need to be wealthy and have strong network. It is better than the child being dean list. The road is much smoother than top scorer.

It is better than what tuition or extra classes. If want more suppliment, help child to invest or buy properties.
 

khratit

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And then

The investor tio scam

See temasek

Is like a food web with see saw

Everyone runs to one side

The other side no people, starts commanding fees

Then some pretend to be the other side, pretend to do the work command fees

Some just play both sides for sucker
 

arsenalfc85

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At this age, there is not much chance of any significant career progression already (can keep current job is already a challenge for some)

Career switch to a different industry also quite impossible since no companies will be willing to hire an old worker with no experience in the relevant field

Starting own business will involve significant financial risks and at this age, one don't really have the time horizon to start all over again if the business venture fails

The most probable way to achieve financial freedom will be through regular investing - pick good stocks and hold for the long term or if one is lucky, find a few meme stocks or crypto coins that can surge multi folds

Investing is also one of the things that has a pretty level playing field - You don't need to have connections or network, born in rich family etc

Just willingness to put in the effort and time to be familiar with the financial markets and there lots of information available online these days
Got any good stocks or crypto to recommend?
 

N4E.SI

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Correct!
You finally understand!
This is why for my own kids and future generations I don't give a F about education study get Simi good job nonsense.
Just be good at investing is far better than learning how to be whatever so called professional or what top this and that occupation
Nothin beats investing.

To be fair, one still needs to have basic qualification and find a job in first place. Otherwise no money for investing/trading

Like the capital which I used for investing comes from my salary that I saved regularly over the year
 
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highsulphur

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Need to have good financial habits since young and especially right after starting work

Develop a frugal lifestyle and invest well your savings. The fruits will come in your 40s

There is no way to live an extravagant lifestyle with little and no savings through your 20-30s and expect things will be rosy in your 40s onwards
 

ahboy82

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At this age, there is not much chance of any significant career progression already (can keep current job is already a challenge for some)

Career switch to a different industry also quite impossible since no companies will be willing to hire an old worker with no experience in the relevant field

Starting own business will involve significant financial risks and at this age, one don't really have the time horizon to start all over again if the business venture fails

The most probable way to achieve financial freedom will be through regular investing - pick good stocks and hold for the long term or if one is lucky, find a few meme stocks or crypto coins that can surge multi folds

Investing is also one of the things that has a pretty level playing field - You don't need to have connections or network, born in rich family etc

Just willingness to put in the effort and time to be familiar with the financial markets and there lots of information available online these days
But need capital to invest still, nt easy if no rich family or elite job. :(
 

cyke69sg

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Parents need to be wealthy and have strong network. It is better than the child being dean list. The road is much smoother than top scorer.

It is better than what tuition or extra classes. If want more suppliment, help child to invest or buy properties.
Agree!
This is not something my parents thought of and certainly not what they did. They told me to study hard. Get high paying jobs. Don't think of investing.
Was the wrong thing to do.
 

N4E.SI

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But need capital to invest still, nt easy if no rich family or elite job. :(

Agree!
This is not something my parents thought of and certainly not what they did. They told me to study hard. Get high paying jobs. Don't think of investing.
Was the wrong thing to do.

I think someone with an average job but strong investment portfolio might do better than another person with a high paying job but no investing mindset over the long run

Of course cannot compare say someone earning $3k vs a director earning $300k per annum
 

cyke69sg

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To be fair, one still needs to have basic qualification and find a job in first place. Otherwise no money for investing/trading

Like the money which I used for investing comes from my salary that I saved regularly over the year
Yes need money.
You are single right? No kids.
I am speaking from the POV of a parent for my kids.
If you have kids you ask kids to focus on job and qualifications? Or teach them investing? Or invest for them? Invest well over 20 years the kids don't have to worry about money anymore.
 
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