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14-07-2016, 11:52 PM
(This post was last modified: 14-07-2016, 11:54 PM by pianist.)
When one is younger, more energy to work longer hours.
Past 40, job security tanks and where got more energy to work long hours? Will that skillsfuture credit help?
for me..some workdays in a week without dinner is a norm as struck in that hectic 1xxk day work.
What funman has achieved could possibly be a lifeline. Funman master, pl take me in as yr disciple?
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(14-07-2016, 11:52 PM)pianist Wrote: When one is younger, more energy to work longer hours.
Past 40, job security tanks and where got more energy to work long hours? Will that skillsfuture credit help?
for me..some workdays in a week without dinner is a norm as struck in that hectic 1xxk day work.
What funman has achieved could possibly be a lifeline. Funman master, pl take me in as yr disciple?
Hi pianist,
what i achieve is just a normal feat which anyone can achieve.
my strategy is really very simple using FA & TA.
1) FA- cashflow analysis
2) TA - MA cutover
3) method
- only pyramid up and hv no more than 5 counters simultaneously
- keep rotating to others counters if exited one based on MA cutover
All the best to your investments too.
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15-07-2016, 02:47 PM
(This post was last modified: 15-07-2016, 02:48 PM by etan.)
Funman, To be honest, not many people can get to where you are today.
You have taken care of the big things so far so good. So what’s holding you back?
Since work is so stressful, ya, so why not just take a b-r-e-a-k, if you are ready to break free from the corporate world.
It’s true, working for yourself can be difficult at times, esp. in the beginning.
But once things settled down, it should be ok.
But generally speaking, working for yourself is the ultimate in personal freedom and fulfillment.
You have self-discipline, which, I think is the number one trait needed to accomplish goals.
Now that you have all the time to do what you like to be doing - investing, do share your ideas here, ok.
I bet you will hone your skills further in no time! TIA!
From your track record, you are just marvellous!
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(15-07-2016, 02:47 PM)etan Wrote: Funman, To be honest, not many people can get to where you are today.
You have taken care of the big things so far so good. So what’s holding you back?
Since work is so stressful, ya, so why not just take a b-r-e-a-k, if you are ready to break free from the corporate world.
It’s true, working for yourself can be difficult at times, esp. in the beginning.
But once things settled down, it should be ok.
But generally speaking, working for yourself is the ultimate in personal freedom and fulfillment.
You have self-discipline, which, I think is the number one trait needed to accomplish goals.
Now that you have all the time to do what you like to be doing - investing, do share your ideas here, ok.
I bet you will hone your skills further in no time! TIA!
From your track record, you are just marvellous!
Thanks for the encouragement. I guess Singaporean are mostly too kiasu, always thinking money nt enuf. I have an ex-boss who had already amass enuf $$$ for his family to live comfortably for their lifetimes, yet still enduring the harsh treatment by his boss to enjoy his annual paycheck of ard $150k. btw, he shared w me that singaporea ppty is the way to make u ultra-rich, like what he manage to do. I estimate his networth to be ard $10M.
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$10 milo still working for 150K??? that's kinda duff ehh? 
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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On the subject of property, I recently bought one at abt the same price as yours. I really don't know you will call it guts or stupid, to be buying at this uncertain time! if die, die once, nevermind lah! At least still got some residual value...
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(15-07-2016, 05:16 PM)etan Wrote: On the subject of property, I recently bought one at abt the same price as yours. I really don't know you will call it guts or stupid, to be buying at this uncertain time! if die, die once, nevermind lah! At least still got some residual value...
It seems that emotional factor was the key driver for the "investment".
Gut, after a detail analysis, is necessary to start a new fruitful venture, but "gut-based" investments, are always risky ventures, IMO.
(Sharing a general point, might not reflect the scenario here)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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(15-07-2016, 04:51 PM)brattzz Wrote: $10 milo still working for 150K??? that's kinda duff ehh?
in sg, if u r 50+ and nt in senior mgmt lvl job, it is very hard to find another corp job.
only way is to start ur own biz. my ex-boss does not want to take this risk, hence he rather slot it out
and collect max from his "human capital".
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gosh, 10 milos already lah, enough is enough.... why cannot generate 5%annual return?
buy STI!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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15-07-2016, 09:25 PM
(This post was last modified: 15-07-2016, 09:32 PM by funman168.)
older gen ppl mostly believe in ppty only.
own stay $5M bungalow, 4 condo for rental all fully paid up.
His method is also very simple. Evwry recession just go buy 1 ppty.
Guess future generation singaporeans impossible to hv such networth purely using high income corp job and shrewd ppty investment.
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