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@blackfriar Thanks man, I agree, except it is not exactly liquid unless I hit the myr 1M, 10 years is a long time, gotta plan it out

@blackfriar Haha agree man, 50/50 is good, but the questions still stand. Is there any downside to just go for S&P500?

@seanparnell Bro, this is assumption for retirements expenses for a household with two kids , is that too high? Idk , take a look at my analysis at the earlier reply

@gabrielod Yo, that’s a great analysis. Yes, definite CSPX over VOO, but all in all, I guess liquidity should not be one of the point of consideration for long term investment as it will spoil the compounding impact, emergency funds need to be prepared elsewhere in easy withdrawal but lower...

@gabrielod Thanks mate, I do still hope to hear some downside. There can’t be any investment with no downside, can there ?

@mattmanticus Thanks man, IIRC the withholding tax only apply to dividend payout and not the capital gain. However if go for Ireland domicile fund it is reduced to 15%, but yeah there’s some fees and spread Any good suggestion for SGX/SGREIT? I haven’t study before, some suggestions would be a...

@riet I do agree! once fear i always have is that the purchasing power changes over time. I figured to over come this, money has to be invested. Buying a house now will be good! Though, try getting a highrise in good location so that you can earn rental income for the next 30 years. All the best !

@lynq Yeah CPF is tough to withdraw and i agree that EPF is not exactly liquid too. Just interested to know, what’s your ratio between etfs and EPF ? I’d love to know what others are doing

@psalm51mercy Yeah, that today’s term really got me thinking 4M now and 4M 20 years later, there gon be huge differences. But hopefully keeping investment will dampen the effect 🤞🏻

@psalm51mercy Yeah compounding is included, the differences may be due to our different assumptions in interest rate and years to 55? 🤔

@agmitchell Bro, mech engineer here in SG. Engineering industry don’t have the best salary, but the progression is there. Unless F&B is your passion, which I doubt since you went for engineering degree. I suggest you stick to your industry Starting pay of rm10K in engineering industry is not...

@johndaniels Thanks both. What’s the SG REIT returns like? Never studied them before but I probably would soon

@amanda88 That is a valid point, investing in MYR EPF for 5% gains , but with depreciation will be an issue; not just pure inflation, but including losing of spending power due to dropping of conversion rate. Perhaps EPF should take a lower cut, and more into index funds ? 🤔

@amanda88 Yeh true normal retirement , not so early hah, I can’t imagine how to do it early except having a good business running. That could be an option to consider Wait do you mean storing SGD in MY EPF? I haven’t heard that before, but if you meant storing in sg version of EPF - CPF, then...

@aanntdark5161 Thanks man, I guess ASM is not as fluid. But sticking to a 3% will be disaster on the duration to end day for FIRE fund. EPF is not as fluid too unless MYR1M can be reached fast. Is liquidity really important ? Hmm Any thoughts on 5% into crypto? 🫣

@aanntdark5161 Wow, thats a detailed reply, thanks. And appreciate the quotes from the greatest investors Ok let me consider between QQQ and S&P, perhaps a good mix will do better than single choice On the GX bank topic, if it’s only 3%, why don’t I just go for ASM instead, declaring 4% ish...

@orthodoxokie Yo! Great dream, I support! What I did was that after getting my degree at 23, I applied for 200 jobs through jobstreet, landed 3 interviews and accepted one offer 😁 it’s not tough if you wan it enough. However, if you’re in medical line, do check if your cert is recognised in Sg...

@icanspellthornwell There are some truths to it but generally if you have degree and earning the baseline salary (IIRC that’s about SGD4k), you’ll have high chances

@gabrielod There are too many choices! Not to mention even in index funds there are too many. I think I’ll have to decide on some and gradually study to decide the eventuality, I guess passive as it is, tweaks have to be done periodically. Any thoughts on 5% in crypto? 😆

@gabrielod Thanks Slip, just read it up. General rule = age as % in bond, remaining in equity. That would be a good start. However, for the remaining in equity, will your choice be S&P500, QQQ or any other ? Let me know your thoughts !