Shyon
2023-12-11
Thanks for the topic. Sadly that I haven't even achieve my first 100k SGD. [Cry] [Cry] [Cry] Hopefully I can achieve that in next 5 years, as my target.
There are a lot of people who actually achieve financial freedom in life, which will be my life target to persue without doubt. Personally, I think the investment approach will be different after reaching 100k or 1million. You are unable to focus on the high risk high return investments. Instead, you will focus more on the high return but low risk investment, that provides stability throughout the journey. The annual return of S&P or Nasdaq might be sufficient for retirement with 1M if the annual inflation rate is lower than this gain. How do you think? @rL @koolgal @icycrystal @b1uesky @Universe宇宙 @Aqa @GoodLife99
After your first 100k what did you do?
How did you achieve your first $100k? What did you do after you achieve $100k? Did you alter your investment approach after reaching $100k or $1M? Can an annual return of 6% from the S&P500 or 15% from the Nasdaq suffice for retirement with $1M or less?
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Comments

  • b1uesky
    2023-12-11
    b1uesky
    many say 人比人,气死人。 And always say high risk equal to high gain, but we also need to withstand the pressure if the stocks drop more than 30-50%. [Comfort]
    • Shyon
      [Smart] [Smart] [Smart]
    • Shyon
      Haha very true sharing from you! Fully agree with you haha. The pressure to see the paper loss is really huge sometimes.
  • LateWizard
    2023-12-14
    LateWizard
    Buy high sell low
    • Shyon
      Why not the other way round? 🤔
  • icycrystal
    2023-12-12
    icycrystal
    thanks for sharing
    • Shyon
      Thanks for support hehe
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