Investment for a living

[WolfT]

Everyone want work life balance, high pay, no stress, good benefit.....
I once read a book, it says that every dollar an employee earn, 1/3 goes to the boss, 1/3 goes to the govt/coy benefit/expenses and the last 1/3 goes to the employee.
So in order to increase your pay u need to help the coy earn 3x of your pay include bonus.

[BlueKelah]

Thanks guys for your inputs. I also think so although I am not so sure whether its a form of self-consolation that I am stuck in a dead end job earning lesser than most of my peers lol.

Always better to be your own boss and run ur own business, thats what my momma used to say...

sent from my Galaxy Tab S

[opmi]

Thanks guys for your inputs. I also think so although I am not so sure whether its a form of self-consolation that I am stuck in a dead end job earning lesser than most of my peers lol.

Always better to be your own boss and run ur own business, thats what my momma used to say...

sent from my Galaxy Tab S

Some people not suitable to do business. eg. too straight, too proud, not friendly, too soft-hearted, not decisive, too nua, too pessimistic, etc. Better off working for someone.

[opmi]

Everyone want work life balance, high pay, no stress, good benefit.....
I once read a book, it says that every dollar an employee earn, 1/3 goes to the boss, 1/3 goes to the govt/coy benefit/expenses and the last 1/3 goes to the employee.
So in order to increase your pay u need to help the coy earn 3x of your pay include bonus.

Civil service no need.

Most important thing to do a job is to make your boss happy. Capability is optional.

[Temperament]

Everyone want work life balance, high pay, no stress, good benefit.....
I once read a book, it says that every dollar an employee earn, 1/3 goes to the boss, 1/3 goes to the govt/coy benefit/expenses and the last 1/3 goes to the employee.
So in order to increase your pay u need to help the coy earn 3x of your pay include bonus.

Civil service no need.

Most important thing to do a job is to make your boss happy. Capability is optional.

From my working years of experience, i agree. Not capable never mind, still can survive easily if know how to "Pai Ma Pi". On the other hand capable in your work also not much use if boss don't think so. That is to say capable worker is replaceable more easily than "Pai Ma Pi Ching".

[funman168]

thanks all for your advise.
i am thinking of targeting the below returns
A) FD
1) AUD@3.5% - 100k
2) SG@2% - 100k

B) blue chips
1) 100k@5%

c) reit
100k@7%

d) growth stk
50k@10%

e) 50k@15% - cfd stk trading

[specuvestor]

Earning/Investing for a living, is a mean for an end, not the end itself, IMO.

Work-life balance, pursuing an interest, more time for family at critical stages of life, are few of the example for the ends.

I have taken sabbatical from formal job some time ago, and devoted full time for my family, especially the little girl. I have accompanied her, in first few years of her life. Bathing, milking, and accompanying her, is the "ends" in this period.

Let's back to the topic, before going too much OT on personal stuff.

The best scenario to invest for a living, is base on 3% of AUM. It is a risk-free return. It means your family can be supported by 3% return of AUM. If a family needs 56K per year (approx with statistic of $4.7K per month with link below), the AUM is slightly below $1.9 million. I guess not many have the luxury of the free cash amount to start with. What is the next best choice?

http://www.singstat.gov.sg/docs/default-...keyind.pdf

IMO, the next choice is 5% of AUM, which should be achieve-able with dividends, with moderate risk. It means an AUM of slightly above $1 mil. If it is too much, what is the next choice?

IMO, 8-10% from AUM, is a very bare minimum to invest for living. It is probably the minimum sustainable long term return for active investment. It means a AUM of approx half a million to 3/4 of a million.

Of course, the size of the AUM, can be calibrated with a reduction of expected family expenses.

A return of 15%, with leverage, seems too risky for a long term plan.

Agree that people should not mix up means with ends. Your stocks does not reciprocate your love just as Buffett says about Gold

On returns, to put in perspective, Madoff managed to convince people his scheme was legitimate not with high ridiculous returns which immediately will raise a red flag for most VBs here, but 8-12% consistent return.

IMHO I think 10% inflation adjusted CAGR over a decade is holy grail

[WolfT]

Everyone want work life balance, high pay, no stress, good benefit.....
I once read a book, it says that every dollar an employee earn, 1/3 goes to the boss, 1/3 goes to the govt/coy benefit/expenses and the last 1/3 goes to the employee.
So in order to increase your pay u need to help the coy earn 3x of your pay include bonus.

Civil service no need.

Most important thing to do a job is to make your boss happy. Capability is optional.

Civil services pay usually very low unless you are scholar ley...
You will not get retrench unless you done something wrong.
As long as u cover your ass, you are all right!
I agree that there are many jiak liao bee and yi lao mai lao, not all but many....

[vesfreq]

17.3% Return.

http://www.maybank-ke.com.sg/latest_offe...Margin.htm

Thats interesting, though margin calls may be a quite a likelihood if markets head south and that financing costs for the debt funded units remain constant.

In this climate of "interest rate hike" talks going all round, it may not not be wise to invest in reits (esp if they are highly leveraged). There are good stock counters which will outdo reits.

Just my view.

[HitandRun]

http://www.singstat.gov.sg/docs/default-...keyind.pdf

Oh shucks! Looks like I have been outspending my peers whether by income quintile or dwelling. Gotta learn to live within budget instead.