You need money to make money. If you short in cash, prioritise where you want to put your money.

I am one of those behind you, but 15 years older. Wasted my youth playing video games instead of studying and seeing the world. End up today, no real friends, no real skills, no asset, forever alone. I am paying the piper, living life with regret, waiting to die alone.

Recently laid off as well, but trying self employed route to save up and give back to aging parents. Maybe a chasiew like me can still take them on overseas trip while they can still walk on their own.

Not going to lie, life is pretty shyte considering I had the best cards growing up, but threw it all away like the dumbfrack that I was, but some beers helps to sleep it off during the nights.

U still got time to do what U wanna do bro. Just start doing it right now. Worst part about life isn't dying. Dying isn't scary at all. What scare us the most is die with regrets.

nothing is ever too late, it's good you realise it. some people whole life will blame others and God. Take accountability for your own life is good.

sorry to hear about the various events that have happened in life, work hard never fails. work hard then work smart.

all the best.

agree, first 100k is important to do any significant investment. bu our first 100k is mostly use to pay for mistakes in life, especially those who don't have parents or seniors to give us good financial knowledge.

after paid years and some tuition fee, only then can slowly climb.

early years pot of money, best to keep and educate yourself what to do first, put in epf or fd also ok (than losing it), don't listen to property sifu, forex sifu, mlm sifu, insurance sifu on what to do with your money.

I feel 100k useless. I think 500k is where you will pickup speed.

for young people, with salary of 2.5k, 100k is a great achievement.
then slowly 500k. once hit 1 mil, the rest comes naturally.

I made 160k at age 30 on my first investment which triggered a couple of things.

1. It opened up my mind to look into other investments and diversify
2. It paid for my MBA

Because of that 160k, I retired 13 years later.

For most young people, 100k is damn tough - but it opens up opportunities.

Unfortunately most young Malaysians dont even have rm10K in cash savings. To attain 100K is already a huge mountain to climb.

Such early FIRE...

For me, only hit1-200k midst 30 but still in rat race today. Will work as long as I can for building legacy sake, too young to retire at 55, gotta keep the brain cranking and getting good pay for it... why not. And at this age, one work as if your life not depending on it... it's very liberating

For that first 00k is always the hardest...toughest.

There are some good YT video explained why so.

And When one hit the first million, the growth curve seems exponential.....I bet your curve is rapid too from mid 30s

I'm just a ta kong zhai that got lucky to make a decent salary.

So I'm not qualified to give business advice compared to other sifus here.

I'm even worst. I'm jobless right now

learn trading... if i were to start all over again... i'd just do trading... stocks, forex, crypto...

but i read here long ago i think... selling steam pau at pasar malam also can find money...

i made my first 260k from my own critical illness payout lol

Lol? U didn't use that money to heal urself?

Then you need to go into survival mode. Spend the bare minimal. Eat one meal a day. Buy reduce to clear food and vegetables from hypermarket.

Cause you need the money. Delete all Instagram. Start watching youtube to learn trading skills or start doing odd jobs or grab food in the meantime.

Go look up fiverr and start doing free lancing work

Don't be greedy. When you got no more coming in most of the time you will be desperate.

Nay it's ok. Jobless coz I'm in jail right now. Once I get out by end of this year then I already got planning ahead. It's not like I got fired and nobody needs me at all haha.

yet they are all saying 1mil not enough to retire

whats the wifi speed over there? 10 mbps?

This post has been edited by cklimm: Nov 3 2024, 10:23 PM

Any tips on where to look for learn trading?

1. options alpha - everything about selling options... good video series, takes a week to go through... put them at 2x speed

2. babypips - good learning series...

3. youtube - come here last after learning some basics... lol... some good channels around... but plenty of fakes...

4. seminars/coaching - can help one get started and tune up... don't fall for ponzis... dyod, don't pay too much, free is best for starters...

paper trade a year before real money... helps build sop, test out methods...

ppl go collage/uni 4-8 yrs to learn basics... so take your time learn properly... plenty of money out there, but market is trying to get yours...

good luck

for inspirations... lol...

ok enough ot... cheers...


This post has been edited by dwRK: Nov 4 2024, 09:34 AM