I'm in my early 30s and have no investment knowledge. I am very risk adverse due to what has happened
I bought several ILPS when I started out working (I should not have trusted my insurance agent)
I have already lost $30k from withdrawing from Syfe because I was worried I would lose all my money (I realized that I should not have and should have waiting for the market to go up before withdrawing) and lost $20k on some China bond fund that my banker introduced to me.
I feel really stressed because of all my poor decisions. For the sake of FIRE, I would like to start investing again perhaps on ETFs. But again, I'm worried of losing my hard earned money again, or would it be better to just park in bank and get the interest? I'm conflicted. Any suggestions?
https://www.reddit.com/r/singaporefi/s/7CJNvhCSyT
He can lend me. I will pay him 1% interest per yr.
Quote from: luckyapple on May 18, 2024, 10:06 PMHe can lend me. I will pay him 1% interest per yr.
🤔
Quote from: luckyapple on May 18, 2024, 10:06 PMHe can lend me. I will pay him 1% interest per yr.
He should lend me then..I'll pay 10% interest.
CheerS!!!😉
go MBS 5 rounds
100k x 2
200k x 2
400k x 2
800k x 2
1.6m x 2
settled for life liao, thank me later just give 10% advice fee
Quote from: GhostZM on May 19, 2024, 12:54 AMHe should lend me then..I'll pay 10% interest.
CheerS!!!😉
What magic u doing for giving him extra 10% :frown:
:frown:
Quote from: luckyapple on May 19, 2024, 05:11 AMWhat magic u doing for giving him extra 10% :frown:
:frown:
he is the sexpert in boht ai key word and trading
:flash:
Quote from: luckyapple on May 19, 2024, 05:11 AMWhat magic u doing for giving him extra 10% :frown:
:frown:
U never see my stock tips thread? lol
CheerS!!!😉
Quote from: default on May 19, 2024, 02:22 AMgo MBS 5 rounds
100k x 2
200k x 2
400k x 2
800k x 2
1.6m x 2
settled for life liao, thank me later just give 10% advice fee
baccarat table?
:frown:
Quote from: GhostZM on May 19, 2024, 01:13 PMU never see my stock tips thread? lol
CheerS!!!😉
any crypto tips?
:frown:
Quote from: default on May 19, 2024, 05:54 PMAny table lor
moi see mbs baccarat table moar happening
other table boh seng lee
:frown:
Wuyabo
https://forums.hardwarezone.com.sg/threads/if-u-got-200k-cash-will-u-take-go-casino-to-teh-win-double-lose-cry-and-go-home.7030793/
basically hor, if u got 200k and dare to whack all at 1 go means u probably got 200m or laopeh like that level of rich
no one dares to bet like that one we also know
and if u got 200m or laopeh super rich, means 200k also is chump change to u
which makes the whole point moot
we are talking about this 200k being ur only 救命稻草........ in this case no one will dare to bet all at 1 go at 1 hand
Yeah it's like putting all into one crypto memecoin or shtcoin with the 200k. I've done such a thing in 2021 with about 50k and I am facing the consequences of moi actions rn. :frown:
Redditors at SingaporeFi all high earner, minimum 200k plus per annum, can almost fight EDMWer 20k per month salary and got millions of savings but always like to ask stupid question.
all in T-bills
never ever buy ILPs or buy anything that the bankers recommend
Quote from: jim889 on May 19, 2024, 05:35 PMany crypto tips?
:frown:
I don't really touch Crypto stuff..other than the miners' stocks
CheerS!!!😉
Quote from: Shiori on May 20, 2024, 09:19 PMnever ever buy ILPs or buy anything that the bankers recommend
all these financial consultants rly must be evil then will make money
that time my parents win a sum of money from 4d put money in bank, they ask them put all in fixed D and other investments
then my mum being shrewed, asked the aunty what to do if we suddenly need money
she say then u can borrow from bank
many sales do the same also. i also keep kena them asking to do stupid things like buy ILP and put money into risky assets so to make money work harder
i realised u cannot have a conscience if u want to do sales
Quote from: default on May 20, 2024, 10:45 PMall these financial consultants rly must be evil then will make money
that time my parents win a sum of money from 4d put money in bank, they ask them put all in fixed D and other investments
then my mum being shrewed, asked the aunty what to do if we suddenly need money
she say then u can borrow from bank
many sales do the same also. i also keep kena them asking to do stupid things like buy ILP and put money into risky assets so to make money work harder
i realised u cannot have a conscience if u want to do sales
sales people have no conscience no ethics no integrity, that is indeed the truth
and yes, the moment they check see you got a lot of cash sitting inside bank, the bankers all will jump out sell this sell that to you
Quote from: Shiori on May 21, 2024, 06:17 AMsales people have no conscience no ethics no integrity, that is indeed the truth
and yes, the moment they check see you got a lot of cash sitting inside bank, the bankers all will jump out sell this sell that to you
If compared insorlen agent to butcher and fisherman, which job is worse? :frown:
Quote from: Shiori on May 21, 2024, 06:17 AMsales people have no conscience no ethics no integrity, that is indeed the truth
and yes, the moment they check see you got a lot of cash sitting inside bank, the bankers all will jump out sell this sell that to you
I think we must do this to get ahead.
U all rem i told u all abt the ppty agent ask me max everything buy condo
Anyway ya, must learn to be evil
Quote from: Shiori on May 21, 2024, 06:17 AMsales people have no conscience no ethics no integrity, that is indeed the truth
and yes, the moment they check see you got a lot of cash sitting inside bank, the bankers all will jump out sell this sell that to you
I don't have a lot in bank. But I can see that they are desperate. Any low amount of monies in bank they will also try their luck, call and push for insurance.
Quote from: luckyapple on May 22, 2024, 01:15 AMI don't have a lot in bank. But I can see that they are desperate. Any low amount of monies in bank they will also try their luck, call and push for insurance.
not all insorance are bad rah.. just buy the necessary one can liao
:frown: