Emotional Investor
11-28

So i started my tiger jouRney with NZ$10,000. In the last 6 months it has grown to NZ$49,000. so im rather happy with the investment approach i developed using the demo account, and continue to refine in the live account.

Have i been saving money? No, atm my expenses exceed my income so ive had to dip into my savings. But im still floating on top of the waves. My initial goal was to double my money in a year, this goal is now ancient history. My new goal is to generate a monthly income of $8,000 minimum. This would mean i could give up my day job, pay all my bills and save around $500 a week.

But wait theres more... once i get my portfolio to $250,000 i intend to spend to save. Its a simple plan really, currently over half of my income is used up on rent. So im going to buy a nice RV for about $100k and ditch the house i rent, plus sell off all the stuff i own that I don't need, and can't have in an RV. I have worked out a budget and i can basically half my expenses, and my new income source just requires a starlink and probably a new computer.

Then i just cruise around New Zealand at my leisure, set up trades, and action the even longer term plan. What's that you ask? Spend to save...

You see, the stock market is beginning a bull run that should last at least another 6 months to a year. Its easy to make money in the next year, almost too easy, but it won't always be. So im cruising round New Zealand with a purpose... to find and buy some nice but cheap land, that i can live off, im a carpenter so no issue building a house. Im now spending to create wealth.

And i will share this journey with fellow tigers that are interested, follow me please so you can keep up with my posts easier. Heck ill even share a few pics if that floats your boat.

Im realistic, all this wont happen tomorrow, middle of 2025 ill have the RV. Then the journey kicks off. I have goals, and a clear plan to turn the goals into reality. 

Save to spend, and spend to save :) and most of all, have fun doing it.

@Tiger_chat @TigerWire @koolgall @SPACE ROCKET @Athena Spenser @poppy jk 

What Brings You More Happiness: Saving or Spending?
An 80-year-old man who lives in one such rental flat leads a frugal lifestyle. Yet, unbeknownst to many, his personal savings amount to a staggering SGD $1 million! Perhaps saving money has become a source of joy in his life. Rather than using his savings to improve his living conditions, he finds greater satisfaction in the sense of security brought by a substantial bank balance. ------------- Which spending and saving philosophy resonates with you more? Do you have strict saving plans like the 80-year-old man? When will or when did you achieve SGD 1 million savings?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • RUW
    11-28
    RUW
    I don’t know you, but really happy for you. [Smile] I’m going through a similar trading journey. Nov has been a great month with 16k AUD. When it goes over 20k, then it can replace my day job (which I would still do a few more years, but knowing that I have an alternative source means ultimately freedom). Keep it up [Miser]. I follow you, btw.
    • Tigerous: 

      power, power… followed you two

    • Emotional InvestorReplyRUW: 
      Lamingtons… you are welcome to them, ill just say yep while listening to crowded house and dragon… massively great kiwi bands… love to claim jimmy barnes too, but thats a stretch
    • RUWReplyEmotional Investor: 
      Haha. What about Lamingtons? [Grin]
    • Emotional Investor: 
      Awesome RUW, freedom is the goal mate. And thanks heaps for your comment, if you admit that pavlova came from nz not Aussie, its the beginning of a great friendship lol. I follow you too :)
  • koolgal
    11-28
    koolgal
    May your portfolio multiply many times over 💸💸💸
  • SPACE ROCKET
    11-28
    SPACE ROCKET
    Congrats on your RKLB buy! Shld have bought in back when you recommended it!!
    • SPACE ROCKETReplyEmotional Investor: 
      Yeah I rmbed! Back then I was too invested in my Cryptos (still am haha). I'm looking go invest when there's a pullback but it keeps rising 🤣🤣 happy for you that you're earning loads from it!
    • Emotional Investor: 
      lol I wish you had. Remember when I recommended it, Rklb was below $5 and I said it would 10x in the next 2 years, so far it’s 5x in under a year, it will be $50 and will have 10x in two years, currently it’s $26, not too late space rocket :)
  • Tigerous
    11-28
    Tigerous

    This is epic!!! Congrats bro!!

    • Emotional InvestorReplyTigerous: 
      Awesome to meet you too, loving the tiger experience especially making new friends
    • TigerousReplyEmotional Investor: 

      I’m in Singapore and sometimes in China lol… Most tiger friends here are Singaporeans as far as I know. Some friends are from Australia and New Zealand. Happy to meet such a powerful kiwi like you haha

    • Emotional Investor: 
      Yeh nah but, epic is a fantastic word. You sound like a kiwi… ?
  • Richard Barrett
    11-29
    Richard Barrett
    Change is inevitable and is the only reality in nature.  We make changes every day whether they're expected or unexpected.  Do you believe in Financial freedom, Let your addiction for growth be stronger than your addiction for comfort so I recommend you to get in touch with Tradewell innovation on WhatsApp +15038609158
  • Just_Another_Investor
    11-28
    Just_Another_Investor
    I've just started inveresting this week. I put in 50% of my wage a week hoping to one day make this my job
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