To add buying a bigger property for family needs , even if the prices drop or raise makes no difference first 5 years. Firstly , your funds cash and cpf are utilised and also increased quality of life provided not over leveraged.
@kkcwl3 ай бұрын
Charlie Munger had also talked about how important is the first 100k, once you cross this hurdle, your next 100k will be easier and the rest will be history. Hard-work and perseverance is the key.
@chenmoney19203 ай бұрын
The next 100k still hard
@edwintan113 ай бұрын
Yes have a friend who is 32 this year, and managed to save $150K. She has a rich bf paying for everything in the last 10 years.
@zyan31313 ай бұрын
Haha good investment
@cathhl24403 ай бұрын
Thanks for this! Hitting 50 soon. Once the cha siew stop tuition, I can finally start saving.
@clhk123 ай бұрын
hahahahah. cha siew how old alr
@KelvinLearnsInvesting3 ай бұрын
CHA SIEW!!!
@zyan31313 ай бұрын
Char Siew is low return high risk investment 😂
@cathhl24403 ай бұрын
@@clhk12 Well... for tuition, I should have another 16 months to go. After that the tuition fees should drop by 60% or 100%, depending on where he goes. Sigh... but he is also likely to eat more. So need to increase allowance.
@cathhl24403 ай бұрын
@@KelvinLearnsInvesting Actually, the sister is cha siew. He is siew yok. I 💗cha siew & siew yok!
@DoreenAng3 ай бұрын
Thank you very much Kelvin for this post, very encouraging. God bless you ❤😊
@thespacejedi3 ай бұрын
Why are you accounting for inflation in your calculation? Inflation is built into the calculation already, each dollar in the future is just worth less compared to today.
@seabreeze6673 ай бұрын
now 40, still no 100K 😭😭😭
@DoJoe.3 ай бұрын
Sorry to hear this
@ziconglim33623 ай бұрын
Yeah, then Reno and wedding would wipe it all out before you can even get your 4% dividend
@cathhl24403 ай бұрын
True. So choose the wife carefully.
@zyan31313 ай бұрын
Partner is one of the key to financial health, if you or your partner wants luxurious wedding that take up close to your annual income, well you do you, just know that it's not a wise financial decision to make.
@liweiquek73823 ай бұрын
I thought the recent June2024 SSB will have low allocation rate . Unfortunately, I got 96%. Do you know why this round SSB is not popular?
@chenmoney19203 ай бұрын
7% year annual return ?? Risk free ? Not possible right ??
@Xamael6663 ай бұрын
$100K in CPF not counted? lol
@Missy_Ai3 ай бұрын
Nowadays younger generation has no problem with reaching $100k with their rich parents, so this video don’t really make sense to them
@geraldinecheng40153 ай бұрын
2:10 shotgun or kena gun shot 😂😂😂😂
@FJFZPT3 ай бұрын
Already have 100K at 25, can make a video on how to better allocation a diversify portfolio
@yekai75993 ай бұрын
I have 100k when I haven even reach 21 in Aug HAHAHA I love covid
@FJFZPT3 ай бұрын
@@yekai7599 you working in which industries?
@Lish-mk4jk3 ай бұрын
@@yekai7599 what does it have to do with covid?
@david888a3 ай бұрын
@@Lish-mk4jkmaybe he made money making n selling masks n sanitizer 😂😂😂
@casemiro36633 ай бұрын
@@yekai7599 SAME BRO I MISS COVID :(
@casemiro36633 ай бұрын
Achieved 100k by 27 yrs old :D Pls make a video on how to invest with 100k as a 27-30 yr old.
@clhk123 ай бұрын
sad, i only hit at 28
@heyzosim77713 ай бұрын
100K before 30 but with 500K housing loan debt. No biggie achievement 🤷🏻♂️