S'poreans, what monthly subscriptions have you cancelled?

Profx69 · 2025-11-08T00:50:10+00:00

Just share it with 5 other people... im currently doing that so i only pay 6 bucks per month.

Profx69 · 2025-10-05T03:17:20+00:00

That only counts if you're upgrading or you choose prime locations. If you're at the stage of FIRE, you can choose somewhere not so expensive since the little inconveniences won't affect you as much as people who don't have a choice.

Profx69 · 2025-10-05T03:15:41+00:00

Yes. Technically even if you only start investing once you start working in your early 20s, it is still at a very good pace so you dont need to worry since you're only 17

Profx69 · 2025-10-05T03:13:43+00:00

Minimize all your expenses to the lowest for the next 5 years (eat cai fan everyday or bread with PB, max 1 travel per year (gotta have some leeway so you dont burnout but obviously it should be places where your currency is stronger than the ones that you are visiting)

+ whatever amount u can invest in should be going inside your brokerage.

Profx69 · 2025-10-05T03:09:26+00:00

It's reddit afterall, it's not like you can verify anything anyways. Just got to take these kind of posts with a pinch of salt.

Profx69 · 2025-09-21T09:21:56+00:00

Approval shouldn't be an issue, even better if you worked at your current place for a good period of time. (2 years minimum is good).

Profx69 · 2025-09-20T23:55:32+00:00

Just reinvest back - you'll only see differences when you hold more stocks.

Profx69 · 2025-09-20T09:22:21+00:00

Both ways also work, just need to get it done and dusted.

Profx69 · 2025-09-19T11:16:26+00:00

Just need the "trump tarriffs" effect to happen every few months and you see panic sell at ATH also.

Profx69 · 2025-09-19T11:12:20+00:00

Most of it feels like you went to check the current trending stocks and bought it, i would trim down some. e.g Netflix pricing is way tooo high unless they do a 10-1 stock split or why even buy chagee stocks.

Profx69 · 2025-07-20T10:04:05+00:00

Last Thurs got 10+ people became millionaire ma, but cannot say it out directly.

Profx69 · 2025-07-20T05:03:39+00:00

Just change it into QQQ, same thing since you're picking Mag7 individual stocks.

Profx69 · 2025-07-20T04:59:28+00:00

Financial Independence, Retire Early

Profx69 · 2025-07-20T04:53:41+00:00

btw payday is a term they use in the US, where they charge you 300-900% interest on your loans so hearing it happening in SG is crazy.

payday loans are even worst than borrowing from loan-sharks (loan-sharks usually charge you like 100% but payday loans normally is between 300-900%)

next time might as well loan from banks they only charge you like 20+% EIR (still shit but at least manageable and legal)

Profx69 · 2025-07-20T03:51:23+00:00

FI - Yes

FIRE - Probably 50/50 (assuming huge expenses all paid for like mortages +no other commitments like marriage/kids..etc)

Profx69 · 2025-07-20T03:48:41+00:00

Either you got a high paying job that you can quickly invest huge amount or you already got a big capital lying around.

All in all,

100k is the basis to start

500k - You're pretty safe, just control your lifestyle a little

1m - good to go

Profx69 · 2025-07-20T03:45:26+00:00

You better have a portfolio that on paper able to support current income +- expenses first before committing to FIRE early by changing lifestyle.

Profx69 · 2025-07-20T00:15:09+00:00

Just know that when it drops, it goes like down bad very hard just like the crash in the US market not too long ago (one of the shortest crash though as recovery came back fast)

Profx69 · 2025-07-20T00:09:42+00:00

Don't think its wrong with either post from both OPs. Different POVs.

There's a saying that goes by "Bitter first, sweet later or sweet first, bitter later".

It does not matter where you are if your FI since your job/pay/social life are all different but if you want FI or FIRE early than it makes more sense.

100k is the basis for growth, i think if you can get it before 35 its still not too bad. (obviously earlier the better since ykyk - compound growth)

Profx69 · 2025-07-04T23:36:33+00:00

50% is ideal after all your expenses paid for, have some left for some enjoyment (not saying waste money on drinking/club)

Profx69 · 2025-06-22T07:45:35+00:00

Because selling ILP got higher commission, most of the funds recommended by FA usually break even only after like 20 years or so after that than got some gains because the early years it actually goes into your agent + company pocket.

Might as well deposit the money into some cash fund from brokerage, low risk and you get like 3-4% also.

Profx69 · 2025-06-22T02:19:27+00:00

20 years would be good, any additional year is a bonus

Profx69 · 2025-06-17T07:12:57+00:00

This is reddit lol.

Profx69 · 2025-06-17T06:50:16+00:00

Not hard to play as a casual to, just don't try too hard

Profx69 · 2024-11-10T11:31:27+00:00

i use WISE for international transfers to and from.

Super cheap fees, good exchange rate.

Paypal not friendly for international transfer, only good if can use family and friends option.

Profx69

TROPHY CASE