He think, he thought, who confirm??? DISCLAIMER: BROUGHT TO YOU BY POSB. DO NOT PROCEED IF YOU ALWAYS REGRET READING SPONSORED CONTENT.
wait, as soldier in Singapore, don't they get any pension?
Doru Stefan I.
2mo
1. being too greedy and not selling 2. being impatient and not holding on for longer These are the two reasons I hear over and over from stock market "experts". With these two reasons you can explain any single failure on the stock market and sound knowledgeable. The truth is, none can predict this stuff, it works only in hindsight. There is no provable point when it would make sense to sell, but someone got "too greedy", since you cannot predict the future (in this particular environment). It's all gamble. It only makes sense to buy companies that are financially robust, and sell when their fundamentals deteriorate. If you get lucky, you may make a buck or two along the way. Most probably? Not really much.
I am 24 years old, i saved most of my side jobs earnings since college. I'm building a small-PE company and investing my money in it with return 9% annually. Now, i could produce at least 8500 SGD passive dividend annually and always reinvest the money. I am living a frugal life in Indonesia and still actively working (as a Professional) and still have weekly investment schedule. This 'woke' stuff already hits me hard in 2020 right before my clinical year and ofc bcs COVID overthinking too😂 Yes, i'm still working to achieve my 100K SGD and live a frugal life like a college student, thanks a lotThe Woke Salarymann for the long journey (from Instagram till you have a LinkedIn). I just want to thank you for the guidance, you helped a lot of people including me. Ps: even your sponsored contents are understandable🥰 Stay healthy TWS!
It's all about how you handling your emotions especially when it comes to spending. When you cannot handling your own emotions, you will be spending recklessly beyond your financial ability. People who cannot control their own emotions especially on managing money, will be having more problems stems from financial problems. Your mentality, physical health, relationships, careers, etc, will be impacted severely.
Valid point! 4 Money Habits that cause regrets : 1. Spend too much, save too little 2..Take the wrong approach to investing 3. Do not look into insurance 4. Take a stable income for granted 4 Money Habits to prevent regrets: 1. Save regularly 2. Invest overtime & diversify 3. Protect against large medical bills & loss of incomes 4. Generate passive income flows
Jānis Brikmanis
1mo
Also, take care of your healthspan, not only lifespan. You can't rely on pension alone either, and you also don't want to work your butt off, only to "enjoy life" when you have no health to enjoy it with.
Amanda Ng
2mo
People always think they can be practical when it comes to money but in fact you need to be reasonable. Behavior finance is closely tied to Personal Finance. Money is always emotional.
The Woke Salaryman Points made with a good storytelling, as always. And if I may add, do not forget to invest in yourself. Keep learning, invest for your health (by doing exercises regularly) and importantly, invest your time for your religion. At the end, each of us responsible for ourself.
Caroline Tjen
2mo
Spend too much, save too little is a recipe for future disaster, but what's worst is spend something you don't own yet, and many people do that
Founder: Corporate Survivor™ | Career Coach🚀I help 9-5 professionals levelup career confidence, work performance & job opportunities in the corporate world 👩🏻💻Join 500+ clients 👉FREE GUIDE + PODCAST 👉meiphing.com✅
2moIt’s more enticing to look for a quick hard to grow your career or income, but the core foundation remain. Save for a rainy day, splurge only when you have surplus cash, spend on upskilling that can grow your salary potential so you can have a better life for you and your family ✨