Summary Of An Average Singaporean Life | Why You Will Never Succeed

[@BiruRyu87]

So true man, I'm European and we have 30-40% taxes, capital gain tax (and it's super convoluted and hard to calculate and pay your own taxes) expensive and low quality transportation ( e.g. In London area annual subway travelcard is ~5k sgd annual), no hawker&foodcourts to enjoy cheap eating outside(eating outside = expensive), extremely hard to find job at a good international company because of competition, when we move out we need to share house with multiple people even for "well paid" jobs while in our 30s, barely no house subsidies. If preparing well, like you explained, Singaporeans have opportunities that most of the rest of the world don't have, but I understand it's hard to realize how good you have it when you don't know how hard it is somewhere else.

[@TheAvengingknight]

I recently started watching your videos and I love them. I am a Singaporean who started earning 1.3k salary after NS with a diploma. I invested $100 a month for 3 years. I studied part time and paid for my own bachelor degree and masters degree using my gains from my investment. I now live a very comfortable life in a very good company.i get around 1k dividends every 3 months and I have zero debt other than hdb which I rather call as an investment rather than a debt. If you live within your means now you can live other people's dream later. People want everything to be given to them from the start without doing anything and that's the problem.

[@kevin1252]

The truth of being a sad Malaysian has been spoken. Life is hard, pandemic strikes and makes it even more difficult for teenagers to survive. No to mention they still have to buy a house one day. The solution to this? Hi Singapore. I rejected a RM4k+ job and settle down for a 3.5K+sgd job in Singapore and live happily after. The rest is history.

[@DarenYoong]

Thanks for sharing Kelvin! We also have 0% capital gains tax in Singapore, so investing effectively can give Singaporeans better returns than in many other countries.

[@timhashimoto4444]

So this is why I try to free myself from National Service (got exemption letter) and wish could renounce citizenship. People in Australia are better off than us : Few year ago I hear from Social Studies teacher that a mum with 3 kids is better off than working in fast food restaurant there.

[@florious80]

A very good video about life in general and how to make it better. We can all learn from the 6 ways suggested here.

[@DenHeart]

not sure about other. i reno my house nice nice not because to impress other. its because it's "my home". I invest so much so i can effort to spend a little bit better in life. hug a bag of gold till old age also cannot bring into coffin. to sum it all, invest wisely, spend wisely.

[@kokkiongang5965]

Well said and great advice Kelvin…. I’m singaporean, but sadly many singaporean didn’t know the advantage they have

[@thehan9543]

Your channel is informative and creative!

[@renfakay2091]

100% spot on! this is why big corporations hate minimalist!

[@simoncyber]

Very informative, keep up your great work

[@em2nre5u]

I think this is your 1st video I like, though I have watched quite a few.

[@JJling1]

why is cai fan with fish so expensive.? isnt singapore an island country so plenty of sea food?

[@davidscz]

As someone who worked and lived in both countries, your points are spot on. In general Singaporeans have much more advantage: Singapore tax is lower, provides fantastic healthcare (sure it is "private" but a medicare, medisafe with a private insurance is sufficient to meet healthcare needs), 2-3x higher purchasing power and has a great government that you know your currency value won't slump in future. If you are young adult living with family, you do not have huge recurring expenses you will have a huge advantage ahead, yet I saw my peers who earn similar/ less than me splurge on renting a BMW for $1.6k a month and spend on things that are less essential, buy gongcha after every meal etc. Having said that, as a developed country, the opportunity to start own business is also less in SG vs MY. But that shouldn't be a deterring factor nor a huge disadvantage to be financially free.

[@darrenwong1719]

Thanks for spreading positivity

[@thomashay79]

i totally agree with u. people who complaint alot will never make it in life.

[@williamlee1426]

Thanks Kelvin.😀

[@livetill7136]

I am 💯 SG born and bred. Knowing that u were from Malaysia answered one of the guesses I had about you all this while. It changed everything now. Like you even more! You showed that Malaysians and Singaporeans are true bros!

[@KelvinLearnsInvesting]

Haha thanks

[@dexterhuang7303]

Your favorite is Chai Fun dude... hahahah awesome. Batman Slap.

[@黄晨-m1r]

Kevin is a good investor and smart teacher

[@greyzonee8242]

that sums up the mindset of the singaporean. however do realise that whatever platform you have here is a spring board for your dreams. You either take the plunge and become better from your mistakes or remain in that summed up task board. its ok to complain but take some action don't just sit there. we have a loft of things going for us so make use of the abundance of safety net and spring boards.

[@joannechia2925]

Great content. 👍🏻

[@eureka1007]

"Work harder on yourself than you do your job. If you work hard on your job, you can make a living. If you work hard on yourself, you can make a fortune" - Jim Rohn

[@hummit]

Many are addicted to spending due to want of instant gratification. Saving money is an alien concept to them. However, the path to financial freedom is always to spend less, save more and invest. People want to sidestep the saving process and jump into the investing part by leveraging on margin - it’s a dangerous game that cuts both ways. That’s how people get seriously burnt when things don’t turn out as expected.

[@soonzai_88]

Malaysian who work in Singapore can relate well to your video. Like from a Penang lang.

[@KelvinLearnsInvesting]

Penang langgg!! Im ipoh yan

[@PlayToWinOnly]

Quite funny..subscribed

[@tanjunwei2412]

Your videos are so original and inspiring! Keep it going!

[@Caveman712]

An understated benefit of working in Singapore is that the income tax rate is one of the lowest in the region (or perhaps the world) and there is no tax on capital gain, which definitely assists in building wealth

[@1MW9]

that is because Singaporeans pay the highest rates of implicit taxes through other areas like HDB and CPF. Low income tax rate is fancy, but not absolute. If I am taxed 99% of income, and the 1% remaining is enough for me to live a luxurious life, then its better than being taxed 1%, but unable to cope with expenses with the remaining 99% take home salary

[@eightfoldsg]

Unpopular Opinion: I mean, the people who makes the most noise are usually the less privileged people. They spend all their time complaining.

[@drmopperthegreatspellcaste9578]

@@eightfoldsg That’s right 💯

[@abusdriv3r]

@@eightfoldsg totally true, those who complain about CPF are usually the ones that need it the most

[@kelvinpang438]

@@1MW9 What do you mean? Even hdb loan interest rate is just 2.6% which pretty much the rest of the world can only dream of and HDB are NOT expensive just compare the prices of HDB to other major cities like london or new york its not even close! CPF yes but our employers are also forced to contribute 17% to it thats basically free extra money for housing,retirement or medical expenses! CPF life is also really good scheme you dont get that kinds of returns anywhere else. Now the downside of CPF is the LOW interest rates from the government as compared to what you can earn from investing, the government only gives 2.5%-6% depending on which account and if you have extra interest compared to 10% on the S&P 500! Still,I dont get your point on HDB and CPF being "implicit taxes" pls elaborate durther,the other benefits of HDB and CPF makes up for this HUGE downside.

[@MsCameliass]

Thanks for the great content, Kelvin. I truly appreciate all your simple but super insightful financial content. Coming from Malaysia, my standard of living has improved in Singapore because things are indeed more affordable here, especially the cai fan ;)

[@KelvinLearnsInvesting]

Cai fan should get its own theme song... oh wait...

[@ron2040]

@@KelvinLearnsInvesting got already lor

[@aichee0126]

@@ron2040 yalor, nice song, 这个那个，，by Ann& Ben

[@NickChaiTK]

Fully agree 👍

[@williamsummerspring]

Very sound advice

[@Lihini678]

Thanks for your insights

[@qwe2poiu]

That is so true on the winning prize money part. I remember hearing on radio, the DJ asking contestants what would they do with the $10k? (Can't recall the amount, but definitely 5 digit prize money) if they won. NONE talked about investing, setting aside the money to grow the money. ALL just say spend here spend there spend spend spend then like you say, go back to complaining no money. I was quite shocked as $10k is a really decent amount to kick off some form of investing.

[@XducationAI]

10k is a good amount to start investing in crypto or Tesla

[@donykoh]

@@XducationAI awaiting Tesla to crash, now it is over the moon

[@syedyahya3335]

Omg! I have been saying this to my friends everyday!

[@brokeunistudent2474]

Many of us want a grand wedding? Usually its more of a one sided demand ending up as an unfortunate compromise... Its of course those that are susceptible to being blindsided by the novelties of dramas..

[@rokawahakim6817]

hehe. ppl renovate home nice nice. but every year dying to go overseas.

[@raymondwee7365]

Yes, Singaporean are very lucky indeed.

[@izzwan8772]

I went back and checked your 1st video, like robot, I also cannot take it ah!! Haha! Great and inspiring video. Thanks.

[@KelvinLearnsInvesting]

Hahaha sibeh bad video is sibeh bad

[@Zendefone]

That article screams victim mentality.

[@8214733939]

agree with kelvin. it's all about the mindset. there's a story about a girl who does house cleaning work to support herself. She is accepted by NASA.

[@Jamesyeo87]

You crack me up at the 'Selling yourself' at the OnlyFans pic... Love your videos! Hope to be like you in future!

[@hansgo3965]

Good message Kelvin! Good to spread influence.

[@tommygoh9877]

Thank you Kelvin’s for the insightful knowledge 👍

[@yuva]

Hey hey, from Malaysia as well. KL boy. I totally agree that living costs in KL relative to SG (relative to salaries) is higher. You also don't need a car in SG which is something that astonishes me till today. Right away save so much money on petrol, insurance etc. Cai fun also cheaper in SG. Eating out also cheaper. All relative to salary la. Yes, you can live in a cheap town like Ipoh or Taiping, but there is no economic opportunity in those towns. SG is also fantastic for wealth building. Lower taxes than MY and no capital gains tax means every SG person is at an advantage compared to most of the world. Wedding wise, do you really need a grand wedding? My SG wife and I married in a small ceremony and saved $$. Need to convince in laws a bit la, but if you show the money saved, am sure anyone reasonable will come around. And car...why buy? So ex sia. Take grab better. My in law got baby also take grab or taxi. Cheaper than owning a car.

[@BeachBoi1000]

KL can go climbing, chill out in the weekend. Especially those who like cycling or the nature.

[@kaiserlow652]

@@BeachBoi1000 Although S'pore is small ,there are still many places to chill out too.

[@michellew5326]

"that's because i'm from malaysia" - sad angry noises -

[@pazelprogamer4789]

I am going to quote your best advice for this video, "Eat grass, Drink rain water". An excelence choice for someone struggling to save more than 50% from their salary

[@KelvinLearnsInvesting]

This is the way

[@Po-ge1wj]

Some people relied on government & social aid throughout their life simply because they are unwilling to step out of their comfort zone. Sad to see people with such negative mindset.

[@damienyeo1112]

Love your videos bro. As a young teenager, you inspire me. Takes time to see efforts turn into it returning

[@darrenchia304]

how bout malaysians or south asians working in spore?

[@darrenchia304]

do u serve ns?

[@frjuy]

waaa the point on wedding, hit the nail on the head sia! i go wedding to give face (and money) hahaha

[@ngaikaituck8229]

Do cherish what we have and not always chasing the material stuff that we do not have. Sure we need to have financial literacy and the wisdom to do the right things in life. And with regards to weddings, I believe most couples will not expect their guests to pay off their wedding cost and it’s already a blessing to share your happiness with your family and close friends.

[@phrest3757]

This is very interesting haha, rlly great video! 😂👍🏻

[@phrest3757]

And 5:09 onwards is rlly well said, i agree with you totally, I'll probably just go to ROM and sign the paper, that's it 😂

[@KelvinLearnsInvesting]

Good plan, but need to convince wife and family first hahaha

[@boonkeifoong2381]

I was shocked when you said you was once a Malaysian also, thanks for your sharing especially in the topic of option which I am interested

[@BenjaminLoh]

bumped on ya channel, Kelvin! Love the insights here. Just curious on the last point on your YT videos - how long do you take to script a 10-15mins video?

[@KelvinLearnsInvesting]

About 4-6 hours on average

[@BenjaminLoh]

@@KelvinLearnsInvesting thanks for sharing! And I presume you speak to a teleprompter?

[@KelvinLearnsInvesting]

Yes

[@dipanseshagiri8877]

Our local Andrei Jikh 🤩

[@KelvinLearnsInvesting]

No la lol. I can't be compared to someone like him, I'm just some random guy.

[@heehaahoo]

2.57 damn hilarious, 1 month of your pay + 1 of your kiney..... so funny, you're so right, many singaporeans are taking it for granted....

[@chinaapagas2249]

Hello,hope someone can help me how to contact sir Kelvin, Hope you can notice me too sir I am new here . Thank you

[@KelvinLearnsInvesting]

Hey what's up?

[@xhpanwh]

Born in MYS and bred in SG for quite a while, the typical templates is yet include inflation which applicable by default from day you get born :)

[@abhinayreddy4469]

As a indian , i can say many start-ups here get registered in Singapore . Although owners ,employees , shareholders are indians but there company or startup gets registered in Singapore because of zero capital gain , and less company income tax.. dividend also not get taxed where in india income tax , capital gain tax are freaking high and dividend get taxed

[@narty4586]

Bro do you have discord or somewhere I can contact you?

[@jonzhuang]

Heng ah i am stuck in Step 3.

[@hojames]

The 2 most expensive items (property and car) in your life are also the highest in the world.

[@engboonhow]

Few years ago, my malaysian friend told me caifan in KL more expensive than sg. I stunt like vegetable. Now i order more vegetable when ordering my caifan. Anyway, just my thought, when people buy things to impress others, the only loser is himself/herself. 😬

[@tanjem]

Only apply to singaporean .. lucky you are not ..

[@lipglossOne]

Hi Kelvin, I just woke up lah (humble brag) , that's why I couldn't get the first reply 🤪 . Jokes aside, I applaud 👏 your video's positive and 励志 message and how you dare to address a pretty sensitive subject knowing you are gonna get criticised left and right. Singaporeans are lucky to be in a safe country with stable governance. And I echo many posters here that public transportation is so efficient that we do not need to own a car.

[@fookkwanghan6014]

good interesting video as usual. I agree that mindset must change, believe in yourself and you can achieve. honestly i don't see myself retiring early and i enjoy working. I also want to get rich but my dream for working harder is to fight climate change, hopefully my children can have a cleaner and better planet in the future.

[@Teo-wb9yp]

Kelvin very cute. Love your video. Zan!

[@kennerd2300]

A great wake up call to the normal salaried worker! BTW, my work area cai fun fish is $3.50... imo $2 for fish very cheap already...

[@andybian]

Desire in material as weighted comparison is not feasible comparing country to country. What SG went through during the 70s to 90s, average Singaporean don't consume internationally imported food apart from ASEAN food & buying expensive imported stuff like a PC, colour TV or VHS. You have to compare country's wage vs living expenses within it's history itself not with a 1st world country neither any emerging country, it's irrelevant. Decades ago the average wages vs average living expenses here, the gap is much closer then today. Don't blame on the desire of Iphone or international imported branded items.

[@tonypo9938]

Hmmm agree that the original thread owner view that Singaporean men life is tough is unfair. But there are some point that is true, like the 2 years NS and 10 yrs ICT, i dont think Malaysian will understand how disruptive it can be. To be frank Msian can easily come to Singapore to work as most employer welcome them as our culture are very similar. But as an average sinkie, there is very little place to go as most countries will protect their own citizens. I mean if im a msian, its a no brainer to come Singapore to work for the FX. I guess being Singaporean have its perk and cons.

[@scbchong6964]

I disagree. Singaporeans can choose to work in private sector, civil service, even armed forces. Can open your own business too. Can work and live locally or abroad. The issue is some singaporeans never discover their own talent, and forgot that all actions or inaction has consequences. Some singaporeans like to complain and blame too much until they cannot see the opportunities before them.

[@kennerd2300]

Can talk about NFT ? How to go about trading them in singapore?

[@kennerd2300]

Thank you for talking about NFTs 3 months ago... just saw that video yesterday! Its a wild card gamble, like buying toto..

[@illolo827]

Awesome!

[@KelvinLearnsInvesting]

Thanks!

[@tiffanying8644]

Best is to earn in sgd and spend in myr

[@lawrencelaw6136]

Work in Singapore... Sell your hdb Get MM2H retire in JB.

[@Jinsh0]

Definitely.. If I win any lottery, almost all the money goes straight into investment..

[@jaydoubleyouisme]

Didn't know you were Malaysian Kelvin! But yes what you say is very true, the benefits of being a SG resident are very decent. Coming from the same background as you, I can totally relate. With the income earned in SG (unlike KL), it is very much possible to save up and kick start investing, thanks to the relative dollar standard of living. It will take months if not years to build that kind of sum in KL to have any impactful investment returns taking into account opportunity cost and compounding.

[@CB-iu4cm]

Msian here ✋🏻 Are you still holding on to your Msian citizenship? Will you convert to be a Singaporean? If not, keen to know why. 😊

[@KelvinLearnsInvesting]

I plan to convert to Singaporean

[@munyman2]

Why save money when they print money 🤣

[@SlashOMine]

Chaifan w fish so exp! Agreee lool Which part of msia are u from? Im frm penang ! Good video as always

[@KelvinLearnsInvesting]

Ah, im from ipoh :D

[@ustradingdiary]

Think it is just excuses for the article and common average people. And lot of ppl. Including my parents and relative ard me, their spending habits every month salary almost gone. Spending on things like mooncake, every year once only... Spend on games.. Spend on taxi.. Spend on all the non essentials item. Why treat yrself as average. Aim to be more financially educated and invest. Definitely can be financial freedom for everyone. My current spending is only 20% of my networth increase. And already reaching financial freedom soon at age 33. Btw my past job experience is just a restaurant waiter.

[@humblehustler1025]

nice one! congrats on being able to get comfortable being uncomfortable throughout your journey to reach FF :) if you know, you know haha

[@scbchong6964]

There is a group of singaporeans who are complacent, entitled, spoonfed and dependent, due to capable and effective govt. LKY called them First Class Grumblers and Champion Complainers. Some GenZ young singaporeans have them as parents. Aiyoh, sia suay. Anyway, I have found these principles relevant for singapore life: 1. You born poor it is not your fault. But if you die poor, it is totally your fault. 2. Just because you cannot do it, does not mean it cannot be done. Don't keep blaming govt if you never take action. 3. Don't grow up into someone who knows the price of everything but the value of nothing. ie. complain, complain, complain. 4. If you cannot keep your room tidy and go to work on time, don't talk about changing the world.

[@Zheheng82]

Great motivation video. I had an opportunity going to Singapore back then with a decent salary too. But I choose to stay here kl with a full time job, doing side hustling and some freelance, while building a business for myself. Didn’t regret though things were pretty rough. Though I’m making pretty good income each month, I’m close to saving 80% of my income each month as my goal is to retire at the age of 40. Or saving money to invest into other businessses later on. It’s all about the mindset, location really doesn’t matter that much. Btw I’m from Penang

[@KelvinLearnsInvesting]

Wow you are on the right track!! Hopefully things get better in Malaysia soon

[@soonchyetan2524]

Cheapest place to live in Malaysia is MUAR, everything cheap cheap, eat 10 time chai fan per day with fish also no problems

[@nikn2804]

5:28

[@user-em8fq2ev4b]

wait...you are comparing the cost of living in the capital of Malaysia to the cost of living in the country of Singapore. Sure, Singapore is a city state. But in Malaysia, you can dramatically reduce your cost of living by simply living elsewhere in Malaysia. There is no such option in Singapore.

[@KelvinLearnsInvesting]

You can't simply live elsewhere in malaysia, because the jobs are mainly located in city areas, like KL. But in Singapore, the country is small enough to live at city fringe, like Bedok, or Jurong. At most you add 10-30 minutes to your travelling time.

[@yuva]

Any big country will always have the majority of economic opportunities in major cities which are expensive to live in anyway. I think the one advantage Malaysia has is that you can move to Taiping or Ipoh for retirement after finishing your earning days. But from a retiring perspective, SG has more support systems in place than places like Taiping and Ipoh. Polyclinics, subsidised public transport etc which you will appreciate as you grow older.

[@user-em8fq2ev4b]

​@@KelvinLearnsInvesting Well, if you are retiring, you need not work. Cost of living drops. Can't do that in Singapore. Regardless, overall it was a good video to steer people in the right direction. That is just a small minor detail.

[@twinkleo2416]

Hi Kelvin always appreciate your content. However as a singaporean, i can understand where the seedly post writer comes from. Even though I save, invest, no car, no wedding dinner, very minimum renovation for my home, no children. But i still feel alot of pressure in this society. Because it just takes one or 2 hefty medical bills to wipe out all savings. Investing takes time to accumulate wealth and illnesses and crisis don’t wait for the investments to grow.

[@fattychouji]

@@twinkleo2416 there's medishield? buy integrated shield plans and income replacement policies too.. must get these if u r worried

[@ihxz]

NS $500/600 for 2 years... ppl from malaysia 3x, don't need serve NS think about it, companies also want Malaysian compared to SG cuz don't need pay CPF.... I don't think it's a fair comparison

[@scbchong6964]

How talented or skilled are you at NS age? What were you contributing to your family and community? Blaming NS is just an excuse. Also, who said no need to pay CPF to PRs?

[@ihxz]

@@scbchong6964 poly / ite / jc can go outside smelly smelly find $1k+ job, if hardworking OT can $2k after CPF Contribute what to fam/community? Some ppl have to work after sec sch to support their fam NS measly $500/600 for 2 years Malaysian I mean those work permit ones, don't need pay CPF they pay tax. Think in the point of a boss, I aso dw hire local, msia more hardworking, local go NS got what experience? Msia don't come work I can don't pay him, sg I still need pay

[@scbchong6964]

@@ihxz re: ...can go outside smelly smelly find $1k+ job... If you keep blaming govt and have bad attitude, your pay will remain low for long time. But do you actually work in skilled job, or you BS king? Are you in NS? How much do you contribute to your household expenses? Or you living rent-free with parents and eating free food?

[@scbchong6964]

@@ihxz re: ...Some ppl have to work after sec sch to support their fam... Do you "have to work"? Most singaporean young people no need to work and live rent-free with parents. How much do you contribute to household expenses?

[@ihxz]

@@scbchong6964 yeah I'm just cherry picking some... good for those that don't need to work to support family. Blaming govt? Are u a pap supporter? I'm just saying NS is dragging guys down 2 years. U come out society tell people u know how survive in jungle/whatever u learn in NS vs work experience. People value which more? Want me to go more in-depth? Girls now don't even want to give birth, how are they contributing to TFR? Yet they calling for gender equality... end up what happen? Govt have to bring in FT. FT come take our job, end up whose fault? U ownself decide... maybe is cause most of sg guy behkan? if u realize a lot marry foreign girls while local girls(majority) remain single. Girls & foreigners 2 years of CPF/education/ work education. As a guy, u go out how? Imagine u boss who u want hire: 1. Sg girl, degree, 2 years work experience, no reservist 2. CECA / FT, degree, can pay them lower, no reservist, years of work experience more than both sg guy/girl 3. Sg guy, fresh grad degree, need reservist, no work experience and foreigners are so much more hardworking than Singaporeans, where they are from, msia or not cuz of currency exchange rate. Pretty sure the answer is clear who the boss would want to hire.

[@humblehustler1025]

What I sense from most Singaporeans nowadays is that they have this very closed and fixed mindset. Haven't even try and think its not possible already or already submit themselves to the path of least resistance, which is to complain, do nothing and blame external circumstances, find excuses and not make an attempt to further improve on their existing situations. In this case, how to succeed? Most of the times, it's only a matter of how bad you want to achieve your goals only, and whether you are willing to pay the price for it. As the saying goes, there is no free lunch in this world. *DISCLAIMER: Referring to your typical average healthy human being scenario with no special or unique circumstances. Just putting it out here first.

[@adrianyeong9513]

Nice work kelvin. Can I have your thought for medtec Int n UG healthcare that had been hit hard these few weeks. PE is low , cash flow is good. What to know your take for them. Mthanks and appreciate your videos so far. 👍🏻

[@eugenesim4174]

hi guys, scammer me is back to scam the youtube algorithm so kelvin can succeed in life :D

[@KelvinLearnsInvesting]

Thanks :D

[@BeachBoi1000]

Should stop the expensive wedding culture. Next time organise a Cai Fan wedding.

[@BeachBoi1000]

@UCZm9F2ZZo-pwpWXL2BrV7Uw More and more real already….

[@yapoonteng7162]

Hahaha..Malaysian is smarter than Sg no doubt about it. Thanks Kelvin!

[@KelvinLearnsInvesting]

Not really. Both are equal. I dont see any smarter than the other

[@ahchuanz]

buy doge and hodl?

[@KelvinLearnsInvesting]

This is the way

[@yonkoung1965]

buy dogecoin, to the moon, retire early🤗🥳

[@chewie4018]

buy crypto 🐶🐶 .. hold on for dear life 🙌💎 , wait for your coin to moon🚀🚀 .. living your dream life 🤑🤑

[@So_So]

Hello Kelvin, would you consider money spent on insurance and mortgage savings? Otherwise 70% is quite tough for an average Singaporean. P.s. another great video as always 👍🏻

[@KelvinLearnsInvesting]

Insurance yes, mortgage no. Hmm, for me, i saved on insurance by using term plan

[@kelvinpang438]

Definitely not reasonable to be saving 70% as an average singaporean but thats the far out one,40% would be very doable for most people and that would still only take 22 years,probably 20 with slightly more. So if you start working in your early to mid 20s,you can theorically retire in your early to mid 40s.

[@CKThong]

What's wrong with only fans?

[@KelvinLearnsInvesting]

Eh...... :D

[@teslabullsingapore8656]

Correct...so many whinny babies complain complain complain about so many things then go back to where they were...don't want to sacrifice a bit to make a difference... happens to some of my colleagues also, already poor but must eat fine dinning and take grab to work, and mock at me for being frugal. Well I spend 100$ only a month apart from the bills must be paid. But I feel the satisfaction when looking at my portfolio growing month by month.

[@garypeanuts622]

Kelvin Singapore Citizen already ah?

[@KelvinLearnsInvesting]

Converting halfway

[@garypeanuts622]

@@KelvinLearnsInvesting what's meant for u will never pass u by. the seedly article is just another perspective from another reality. no right or wrong no need to agree to disagree, just glad to hear another perspective. it's can be quite true! just don't forget we have free will.

[@H3adx]

Can you do a video of you reacting to Wall Street Bets YOLOs?

[@ngchongsin2009]

One suggestion. The word channel, you would had pronounced as channer, need to change the r to l. :-) Do not be angry with me for this comment

[@KelvinLearnsInvesting]

Haha, okok i try try

[@tesswy]

Just be yourself, Kelvin! It's your trademark!!!