I made SGD$500K last year.
Male, late 20s, Sinagporean.
It's 6 a.m., I just woke up and saw a post of someone sharing their success story and decided to chip in a little.
While I have no idea what % am I in Singapore, I think it should be fairly decent with this level of income per year for me. I am happily attached and I have recently proposed to my beautiful gf.
For a brief background, I am more than just an ordinary guy. I am just me, I grew up in a below-average income household. I used to get as many bursaries as I could just to get that little additional money. I went to neighborhood schools from Primary 1 to Secondary 5.
My results weren't amazing either, but I've always been slightly below average on bad days and above average on good days. I couldn't even afford to fly scoot when I was younger, going to Malaysia was considered a luxury holiday for me.
Now, I have 1 car because I've always believed that a car is just to fetch you from destination A to B. In my personal opinion, I think it's a decent car. But to many, it would be considered a high-end car (For anyone guessing, the car badge is a shield).
No one knows how much money I make, especially my parents because otherwise they will be asking me for money non-stop. I grew up in a traditional family and they always believed that their kid should be "filial" and give them money. However, I have always believed that tradition as such is the reason why many people are stuck in the endless loop of being poor.
I make my money mostly through trading, my yearly income from my salaried job is only $100K a year and my $400K comes from trading/business. I try to diversify my investment as much as possible, and the bulk of my money comes from ETFs, good timing into the market, and buying the correct bills/bonds.
I have a graduate degree, but I'm going to try out for my master's degree next. I believe that going into the real world earlier or later doesn't mean that 1 will make more or less money. It's all about timing, if you go in at the right time, and you're at the right place at the right time. Things will definitely work out for you.
But I do agree that army is a waste of time because 2 years of your time is stuck in a place where you're limited by circumstances and there's no "right place and right time" when you're stuck in an army camp.
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Here's my opinion;
1. Enjoy your life no matter what, it's all about the experience at the end of the day. Mistakes are made, and life goes on. Nothing will matter as long as you're experiencing it. If you're sad or angry, you're just putting your emotions before anything else.
2. Money matters, big or small. Money is money, it doesn't matter if it's $1 or $100. People always say that rich people see $1000 as poor people's $1. That's definitely not true, even when I'm making $500K I still complain when my teh O or teh increase price by $0.20. I don't make more money by spending more money.
3. Your most valuable commodity is your time, so use that time wisely. I agree completely because, at the end of the day, time directly equates to your experience. The more time you spend on something the more experience you have.
So my message to all, just enjoy your life.
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