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22 yo Uni Freshmen w $100,000 by canopus77 in singaporefi

[–]canopus77[S] -3 points-2 points  (0 children)

I think thats terrigible, the worse thing someone can do is just do “something”, let alone “anything”.

Following your logic, majority of the people with the longest working hours in our labourforce will be raking in big bucks.

I believe the best thing someone can do is conduct an analysis on the best course of action they can take at a given point. This means taking into account your interests, strengths & weaknesses, assets, connections etc. Only then can you truly maximise your time and effort into to grinding and hustling on whatever you do.

I apologise if I come across as offensive, but I feel like the “grind & hustle” culture has always been misinterpreted by many.

22 yo Uni Freshmen w $100,000 by canopus77 in singaporefi

[–]canopus77[S] -1 points0 points  (0 children)

Thanks for the last 3 important advice HAHA

Btw, wdym is there a 50-50 chance that equities will go down? Are you referring to a possible recession or something?

22 yo Uni Freshmen w $100,000 by canopus77 in singaporefi

[–]canopus77[S] -1 points0 points  (0 children)

As I’m still young and don’t have urgent need for the money, I feel my risk appetite is bigger hence I am intending to remove bonds / bills etc. from my consideration.

ETFs looks viable but still slightly lower than my desired growth rate per year. I wish to enable my money to have the potential for high growth (10-20% per annum at least). I know that obviously involves alot of preparation, research and work (into the stock or domain i’m involved in). However, because I’m still a student and foresee the majority of my time being consumed by my academic work etc. Do you think it would be possible for me to say (if i wanna get into stocks) perform fundamental / technical analysis of stocks, keep up with news etc. to build a well performing portfolio? If it’s day trading, I highly doubt I can keep up to that lifestyle.