You’ll never become a millionaire by accident.

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#21
hi yeokiwi,
you are sharp. me n my girlfriend(now my wife) bought a pte ppty before we married. then suddenly came my daughter, so had to speed up my marriage. we bought the house because we figured that there might be some friction if we lived together after marriage.
i guess with the house, my family.to support, bills to pay, those drove me to work extra hard.
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#22
(09-01-2014, 09:50 AM)gautam Wrote: hi yeokiwi,
you are sharp. me n my girlfriend(now my wife) bought a pte ppty before we married. then suddenly came my daughter, so had to speed up my marriage. we bought the house because we figured that there might be some friction if we lived together after marriage.
i guess with the house, my family.to support, bills to pay, those drove me to work extra hard.

I observe marriage (or pressure to get married) and baby are great motivations for man to work hard.

Just a general observation. sometimes I think a lot of pte property owners (70s babies) got first pte property/HDB due to lifecycle stage (marriage) at the early stage of this property boom. Rather than by deliberate investment decision.

Same thing. A lot of young people will get pte prop/HDB at the current high of property market due to lifecycle stage (marriage).
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#23
Gautam, if you are a Singaporean, you are almost a model Singaporean.

Age around thirties currently,
Married around twenties,
had the first kid around twenties,
Bought two pte properties around twenties before marriage and able to rent out the property during SARS.
run a successful business around twenties,
start investing around twenties,

For many Singaporean graduates at 25 years old in 2003, they might not even have a job.
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#24
hi yeokiwi, u look at me good. i look at u good.
somehow my wife doesnt ever seem to forgive n forget my stingy ways.
i have money but not all things can be solved with it.

for example, i know my forte is in business and investments, but somehow cannot defy my wife's orders to do housework. recently, she told me that i cook lousy porridge and i better go read up some cookbooks.
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#25
Big Grin I feel love...



A Life not Reflected is a Life not Worth Living.
感恩 26 April 2019 Straco AGM ppt  https://valuebuddies.com/thread-2915-pos...#pid152450
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#26
thanks chialc88.

to some extent, I think who you decide as your life-long partner is very important and influences one's chances of becoming wealthy. you can't be wealthy if one would to work like no tomorrow, only to have the other party doing the exact opposite and living the high life.

Some of us have heard a real life experiences whereby the wife stuck thick and thin with the husband when he was a pauper and the moment he became rich, he bought himself a supercar and remarried a younger woman.

In doing so, actually, he would have lost a big asset (his wife) and gained two liabilities supercar and the younger woman.
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#27
Erh.... I never hear of this stories。
I just felt that it takes at least 100 year of good deeds for both to be united as a family...
so, what ever had happened, relax... the love must continue...
so, next life, we can be together again as husband and wife.

"十年修得同船渡,百年修得共枕眠" 分享

Big Grin


A Life not Reflected is a Life not Worth Living.
感恩 26 April 2019 Straco AGM ppt  https://valuebuddies.com/thread-2915-pos...#pid152450
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#28
(10-01-2014, 08:34 PM)gautam Wrote: thanks chialc88.

to some extent, I think who you decide as your life-long partner is very important and influences one's chances of becoming wealthy. you can't be wealthy if one would to work like no tomorrow, only to have the other party doing the exact opposite and living the high life.

Some of us have heard a real life experiences whereby the wife stuck thick and thin with the husband when he was a pauper and the moment he became rich, he bought himself a supercar and remarried a younger woman.

In doing so, actually, he would have lost a big asset (his wife) and gained two liabilities supercar and the younger woman.
Not all women are the same. So is all men.
Use your “心 眼” to see rather than only your pair of eyes. Listen to your heart rather than only your pair of ears. Not only you must know what is your outlook in life but also your soul mate.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#29
(09-01-2014, 01:45 PM)opmi Wrote:
(09-01-2014, 09:50 AM)gautam Wrote: hi yeokiwi,
you are sharp. me n my girlfriend(now my wife) bought a pte ppty before we married. then suddenly came my daughter, so had to speed up my marriage. we bought the house because we figured that there might be some friction if we lived together after marriage.
i guess with the house, my family.to support, bills to pay, those drove me to work extra hard.

I observe marriage (or pressure to get married) and baby are great motivations for man to work hard.

Just a general observation. sometimes I think a lot of pte property owners (70s babies) got first pte property/HDB due to lifecycle stage (marriage) at the early stage of this property boom. Rather than by deliberate investment decision.

Same thing. A lot of young people will get pte prop/HDB at the current high of property market due to lifecycle stage (marriage).

Opmi, your statement reminds me of Malcolm Gladwell's Tipping point. He mentions an individual's success depends a lot on his environment and sociological factors.

Perhaps we can apply it here and say the 60s and 70s SG babies are well off because they happened to be born at the right place at the right time, while the current young generation got the short end of the straw (well maybe). The simple reason: the respective generations' lifecycle stage (marriage) coinciding with the boom or bust of the property cycle.
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#30
there was a report that said every 3 in 10 walking on the streets is a millionaire, seems like there are many accidents on this island

r u one too?
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