Sunny Side Singapore - How I Retired at 31 in Singapore

[homer123]

Another proof that young people do not need to work if they know how to invest!

 

[FireEmblem]

Is it got rich parents?

 

[cyke69sg]

Another proof that young people do not need to work if they know how to invest!

SG everyone is retired like?

 

[buttbERry]

song song retired at 31

 

[archie7]

sometimes good to get out of the rat race

 

[homer123]

Not only in Spore ...young people in US and Taiwan can also retire early some even before 30 if they know how to invest

 

[Money no have]

Everyone ish rich rich rich!!!
I also want to huat huat huat!!!

 

[KenQuek]

To be able to achieve FIRE at 31 needs to be able to earn a lot right after NS to have the capital and started investing very young.

If i had invested younger i surely will be the same. Me i achieved FIRE at around 35

 

[jywy2005]

Will ask my children to open CDP and IBKR now. Minimum age 21 yo?

 

[thretiredDad]

Another proof that young people do not need to work if they know how to invest!

Can summarise?
got hdb? Got kid?

 

[0218crawford]

textbook microretirement.

 

[dambio]

In d right era n time for investments?

 

[EdenHazard]

I never ever take what regulars say seriously

 

[thisisnotme1212]

becomes pest
nots contributings tos cpfs or taxes buts takings alls thes maximums grants

 

[mcylo]

Is it got rich parents?

confirmm lah. else how he start?

 

[Potato_Wedges]

This is why I keep telling ppl to invest in stocks and not ssb or tbill. But kena laughed and attacked by edmwers all the time.

Sigh.

My dbs share is only $8/share. So if you haven't started investing...PLEASE start asap. DO NOT put in FD, SSB, BONDS and worst of all CPF.

JUST dump into shares like AI tech companies. You will thank me 10-20 years later.

Dyodd.

 

[Ubi-Warrior]

I never ever take what regulars say seriously

I think for the best!

 

[articland05]

Can summarise?
got hdb? Got kid?

How I Retired at 31 in Singapore

Investment Journey

The author's journey to financial independence began after losing over $300,000 in the 2020-2021 bull run due to irresponsible investing in penny stocks.
His asset allocation consists of 30% growth products (US stocks, indexes, penny stocks, crypto), 45% dividend stocks (SG Blue chips, REITs, US stocks), and 25% fixed income and saving accounts.

Passive Income and Expenses

The author's investment strategy generates a passive income of over $3,000 per month, covering his fixed recurring expenses such as a $1,000 monthly allowance to parents and $571 insurance payments.
His monthly expenses also include $700ish income tax and a $589 car installment, all manageable through his passive income stream.

Financial Goals

The author's financial goals include reaching a net worth of $1 million by early to mid-2025 and maintaining at least $200,000 in liquid cash, with the latter already achieved.

Lifestyle and Philosophy

Achieving financial independence is supported by his focus on intentional living, discipline, and understanding retirement, along with building a sustainable retirement nest through compounding and a disciplined investment system.

 

[sanzhu]

Srill nobody summarizw

 

[Sforthought]

Summary :


Step 1 : Look for referral links, code, business enquiries of any sorts
Step 2 : Top corner close the video.

He`s making a video to sell u sth.