Earning your 1st million
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who here thinks it's achievable. not by ways of winning lottery or any form of prizes/rewards, just pure hard work.
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i work hard to gain 1 million gold for my diablo
for maple fans, its one million mesos
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hardwork? depends on job loh... if i work as cleaner wen grow up maybe can. but if i become pressident then no hope
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with or without the help of lottery the chance is equally low.
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i guess it's not so much of the earning capability
oso have to have the power to save and not be tempted to use the savings -
You know, it takes a lot of hard work trying to figure out all those 4D combinations.
And not to mention all the pushing and shoving and sheer frustration while waiting in line at those 4D counters.... -
/go eat my bread roll, count my blessings, and not disturbed by topic
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NOT as an employee...
If you have your own business or an employer, yes, cuz profits if good is always geometrically progressed. Not like employee where your salary is always APed. -
can sell on ebay for $1000??Originally posted by laurence82:i work hard to gain 1 million gold for my diablo
for maple fans, its one million mesos -
Originally posted by laurence82:i work hard to gain 1 million gold for my diablo
for maple fans, its one million mesos 
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maybe as a bachelor, u stand a better chance to achieve that 1st million. if u manages to climb the corporate labber fast enough that is.
but if u have a family, u have to pay the bills, pay for your children's education, feed your family, payment for your house etc etc. -
not if u are TT durai
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if u r mr kong
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i'm 1/100 there already.
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do insider training,evade tax..
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pang ah long...
then use the money collected to start legitimate business... -
Keep it going!!! And frankly, 1 million is definitely achievable. It depends mostly on your earning, lesser on your savings. I prefer someone who can earn $10k/month and spend $5k/month than someone who earns $2k and saves all of it, assuming don't have to spend a single cent. There are many ways to earn money, if you use your brain and have the passion to pursue your dreams, then maybe one day will come true bah.Originally posted by Gordonator:i'm 1/100 there already. -
stocks..
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For the average working professional in sg, saving 1.5 million to 2 million in their lifetime is not a problem.
But 2 million is not alot actually. Lets assume a scenario. A man at age 62 who just retired with savings of 2 million dollars.
Below is the allocation of his savings,
Private Housing (Condo, landed property) ---700k to 1 million
Retirement fund ---500k (assuming 2k spending per month for the next 20 yrs of his life)
Inheritance for his wife/child ---500k (split between the 2 of them)
Perhaps, throw in a japanese saloon car as part of his assets.
There we have it, 2 million just nice.
BUT if the man in our scenario wants to have anymore extra such as nicer car, bigger house, holidays in America/Europe, then he must learn to make his money work for him. That is by putting it into stocks, REITs and other investments.
OK, basically, that sums up the average working professional's life. Wat do u guys think? -
callboy