Not entirely convincing, but I am not saying you can't do it your way lah

One can earn decent, no need to be high, live a slightly better life and still invest aggresively

Still can reach FIRE who knows even faster than anyone here including you

At least no need to skimp on everything

Even my expenses can be B40, but I still manage to eat out, holiday overseas (not frequent still few times up to now) yet paid off my house very soon

Still, my passive income overtook my active income and FIRED

There is not only one way that could work, but still there are better ways to make it work

Depend on
1. How desperate you are
2. How much you can keep
3. How much you can invest
4. How much you hate your job & colleagues
5. How much you can stand with no life
6. How soon do you want to retire

Well diff ppl diff need but at least with better pay you will have more options and do not need to skimp

With better pay you can CHOOSE to skimp or not to

With low pay, you will have no choice or option to

As simple as that


EDIT:

oh just to add on since you mentioned about hate on job & people

Everywhere you work there will definately be troublemakers which might include your direct superior so since you will need to endure why not endure with higher pay

This post has been edited by coolguy_0925: Sep 22 2025, 11:35 PM

Obviously Ramjade has found an efficient plan for his FIRE, n his job is not in this plan. If i were him i would ditch the job n concentrate full time on it. He should know better based on his results n age is on his side.

Well

Since staying the father house need to follow his rule lah

No pay mortgage or rent then need to pay in another form, nothing is free

Nothing wrong ya.. hard to find such filiai son nowadays

It definitely helps if you can earn more money. It's basic maths. I won't dispute or argue that.

For FIRE to work needs the following
1. Salary earned
2. Additional income
3. Amount saved
4. How good is the investment
5. How early you want to retire
6. How much you are going to spend in retirement

Actually the cheat code was accidentally finding out about options. If not for options I think I would be very stressed today.

As I have practiced everything but dividend growth investing is a very slow process especially if you aim for 0.5%p.a dividend yield.

Well aren't these all are just basic knowledge

Actually my friend has been encouraging me to look into options n his method is quite similar to yours except he is not into dividends. He is into good tech stocks n playing options with them. He is already rich with good paying job n company share options, some good properties n single. He also got to know about options 2 years ago from his subordinates. He is now thinking about quiting his good paying but stressful job. Seems like many GenY&Z in SG r into options n crypto.

This post has been edited by MGM: Sep 23 2025, 12:17 AM

Many people even my colleagues don't even know all this basic thing. Make sure your basic is strong. That's what Iearn from ASSI.

I won't focus on tech stocks only because there are stocks that are non tech that give tech stocks return. Hence quality investing. It allows me to buy anything under the sun as long as they are high quality as long as interactive broker have access to them.

This post has been edited by Ramjade: Sep 23 2025, 12:20 AM

I have lost touch with ASSI for many years, but i remember he is more into SG dividend stocks.

Then too bad for them and too lucky for me to realised it without even needing some.. ASSI? telling me

But true not everybody can even do basic maths too

This post has been edited by coolguy_0925: Sep 23 2025, 12:34 AM

I hope my child has his drive to learn about investing n would support financially.

i dont wish my child going tru Ramjade's job sufferings
then no need to do those options thingy to compensate

my priority is for them to have a good professional job
good pay starting at 5k and above
only need to know how to save cukup

4-6% returns on savings no need skills

Yes he only invest in Singapore stocks. Not about where or what he invest in. It's about his style and principles. I wouldn't want to be grounded to only Singapore as there is not many high quality businesses there.

ASSI is a Singaporean investor with SGD200+ p.a He always say make sure your foundation is strong before you proceed to other style of investing or do other stuff. He is kiasi until having 2y worth of expenses and use only SGD500/month to survive despite earning SGD200k+ p.a in passive income.

His story is like mine. Live like a B40,, isave and invest aggressively. Make most of his wealth through investment.

Nothing like going through suffering to learn the value of money.

Your situation different. You can just depend on your rental and bonds to survive. For me I want them to no matter where they are in the world, they know how to make passive money themselves. In the event no money they are totally ok. Basically teach them how to fish and value the fishing technique.

Actually options is very simple. It's like muscle memory already at this point of time.
You need to pick high quality stocks that you don't mind to be a bag holder on.
Select amount you want to get paid, that's all. The trick is don't be greedy. So select a lower payout.

You do not need options to get 4-6%p.a you can just buy the S&P500 or QQQ will give you mine 8%p.a. Come back after 20 years.

This post has been edited by Ramjade: Sep 23 2025, 07:07 AM

On that highlighted, ...
Have you taught, pass on, guided your future wife and let her had hands on experience to option trading?
For her risk appetite and foresight must be in tune to yours so that in case you are suddenly gone,your spouse can continue to catch fish and continue to keep the fishes you had caught

I have shown her, she understand the technique already. She haven't hands on yet. She started buying high quality companies like me. That's a very good first step already.

She is not the only one. I have taught 2 others as well for free.

This post has been edited by Ramjade: Sep 23 2025, 07:23 AM

Good.
To let her start and experience it when not having financial and family life commitments

Does she had the "same" collections of high quality companies like yours?

She does her own selections or following your suggestion?


This post has been edited by MUM: Sep 23 2025, 07:28 AM

She is already having financial commitment.

I told and showed her how to screen for good companies. Up to her what she wants to buy. But so far she is just buying one company only (no money).

In the end will have same companies because if we use same screening criterias.

This post has been edited by Ramjade: Sep 23 2025, 07:36 AM

Previously as per suggested by fsm
Sui Jau's ....
"The most important advice I would give to anyone who hasn't started (be it man or woman) and is being held back is to starting investing now, but use a small amount. Something you are comfortable with even if you suffer losses. It can be as little as one thousand dollars because that is usually all you need to start investing.
Then, as you invest, you will see how markets and such affect your returns and you will be able to learn from your experiences without suffering too much heartache compared to if you placed your entire life savings into the market and lose half of it in a market crash.

The key thing is you have to accumulate investing experience.
No amount of prior reading up and accumulating of knowledge can compare with actual investing experience which can only be built up by using your own money to invest.
You have to experience the emotional pull that comes from market ups and downs and learn how to handle your emotions during those times.
And learning from mistakes made is the greatest teacher."

If both you and her ended up collecting the same companies, ..... just beware of concentration risk as both your's and her's wealth ( your family wealth) are in the same companies.
Hope she had a good investment experience

This post has been edited by MUM: Sep 23 2025, 07:50 AM

You got nothing to worry if they are high quality. You only need to worry if they are of poor quality.