*Official* MasterLeong Thread

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Pesantkie

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Maeda_Toshiie said:
No, don't wait till you have $100k to start. $5000-$10000 is a good starting point. In addition, have a inflow of fresh funds from your job or side activities. From whatever you earn from investing, at least reinvest part of it for compounding.
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I want to ask let say I am going to invest when I am 19 (end of poly year 3), should I invest all my savings or partial savings?

right now I have about $3k+ in posb account and another $3k in CIMB account. If I continue to save $120-$150 per month for 10 months, I would have $3600 more of savings at the end of poly year 3.

So is it advisable to keep some of the money (in case of losing all money) or to invest all money. I probably will start with STI ETF DCA $100 every month.
 
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[M]aiev said:
dollar cost averaging. Blue chips must depend hor; not all blue chips are worth to invest one. It is also why it's important to know the nature of business, management, macro economic, sector play and so forth.

I see SPH i jitao shake head...
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I see hph trust also jitao shake head...hahaha!
 
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tanjiakpeng

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Pesantkie said:
I want to ask let say I am going to invest when I am 19 (end of poly year 3), should I invest all my savings or partial savings?

right now I have about $3k+ in posb account and another $3k in CIMB account. If I continue to save $120-$150 per month for 10 months, I would have $3600 more of savings at the end of poly year 3.

So is it advisable to keep some of the money (in case of losing all money) or to invest all money. I probably will start with STI ETF DCA $100 every month.
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wah too much details bro. don't give us so zun numbers leh lol

just like the old general rule - 60% bonds 40% stocks.

save/invest 60% of your money, 40% spend

also impt to set your goals - 5yr, 10yr.

are you intending to pay for your own studies after poly? local or foreign?
 
Genosis

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tanjiakpeng said:
wah too much details bro. don't give us so zun numbers leh lol

just like the old general rule - 60% bonds 40% stocks.

save/invest 60% of your money, 40% spend

also impt to set your goals - 5yr, 10yr.

are you intending to pay for your own studies after poly? local or foreign?
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Then followed by marriage, house and kids expenses...>__<
 
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FrontierX

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Pesantkie said:
I want to ask let say I am going to invest when I am 19 (end of poly year 3), should I invest all my savings or partial savings?

right now I have about $3k+ in posb account and another $3k in CIMB account. If I continue to save $120-$150 per month for 10 months, I would have $3600 more of savings at the end of poly year 3.

So is it advisable to keep some of the money (in case of losing all money) or to invest all money. I probably will start with STI ETF DCA $100 every month.
Click to expand...

i would strongly suggest u to pay for your own education first. Education > Money

unless u got scholarship or parents sponsor lol.
 
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Pesantkie

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tanjiakpeng said:
wah too much details bro. don't give us so zun numbers leh lol

just like the old general rule - 60% bonds 40% stocks.

save/invest 60% of your money, 40% spend

also impt to set your goals - 5yr, 10yr.

are you intending to pay for your own studies after poly? local or foreign?
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HAHAH but I bo share my bank a/c should be save HAHAHAH

my first sem gpa very good, hope can sustain. I want to go NUS/NTU/SMU after poly and NS.

I hope my good gpa will get me a scholarship from UNI ba HAHAH.

Currently, I pay my poly sch fees using CDC bursary and MOE PSEA account.
 
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Pesantkie

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Genosis said:
Then followed by marriage, house and kids expenses...>__<
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I now dont have girlfriend :( but really no feeling with other girls other than the one from my sec sch de HAHAHHAA

lemee see whether I will get 心动 in the futureee
 
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Pesantkie

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FrontierX said:
i would strongly suggest u to pay for your own education first. Education > Money

unless u got scholarship or parents sponsor lol.
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yesh I am studying hard for my poly MST now, still want to sustain my perfect GPA then can get into good uni course then my next time will be better

Poly bo scholarship due to my poor o level result (english D7) and I dont hold any leadership positiron in poly HAHAH. I chiong studies HAHAHAHA

Parents might step in if CDC bursary is not enough to cover my poly school fees. But I still managed to keep about $300+ from bursary HAHA
 
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