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 FI/RE - Financial Independence / Retire Early

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coolguy_0925
post Sep 22 2025, 11:09 PM

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QUOTE(Ramjade @ Sep 22 2025, 10:55 PM)
The traditional way like what I am doing. Earn a low salary, live like a B40 save and invest aggressively, make money work as efficient as possible. Discard any money instrument that is inefficient.

It will come a time where the investment part can and will take over the active income (like my case)
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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
coolguy_0925
post Sep 22 2025, 11:32 PM

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QUOTE(Ramjade @ Sep 22 2025, 11:29 PM)
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
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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 grin.gif


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 biggrin.gif

This post has been edited by coolguy_0925: Sep 22 2025, 11:35 PM
coolguy_0925
post Sep 22 2025, 11:55 PM

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QUOTE(MGM @ Sep 22 2025, 11:47 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.
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Well

Since staying the father house need to follow his rule lah grin.gif

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
coolguy_0925
post Sep 23 2025, 12:05 AM

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QUOTE(Ramjade @ Sep 23 2025, 12:01 AM)
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
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Well aren't these all are just basic knowledge
coolguy_0925
post Sep 23 2025, 12:31 AM

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QUOTE(Ramjade @ Sep 23 2025, 12:19 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.
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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 grin.gif

This post has been edited by coolguy_0925: Sep 23 2025, 12:34 AM
coolguy_0925
post Sep 23 2025, 08:02 PM

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QUOTE(Ramjade @ Sep 23 2025, 06:44 AM)
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.
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Well I don't really believe all these so called guru singing their songs, not like you know it is true or just made up figures

I did it less hectic my way not needing to skimp still managed to FIRE what... lol


coolguy_0925
post Sep 23 2025, 08:19 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:15 PM)
He is not a guru. He never sells anything and he post his screenshot that is good enough for me.

He shows people that even if you are poor you can reach FIRE only harder. Very inspirational for ordinary people like me.
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Well I on another hand disagree because I am lucky I didn't read such nonsense and get demotivated at work before FIRE

Just because "I can invest to FIRE" even when I am poor why need to go extra miles at work

At least you have more options but not just buta buta the B40 way LOL
coolguy_0925
post Sep 23 2025, 08:23 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:19 PM)
I wish that was the case where I can ask anything unfortunately in my industry choices are very limited.
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No such thing as I don't want meeting, don't want to do decision making, don,t want upskill or do MBA but I want to ask for more by only keep doing what I am doing now

Dream on
coolguy_0925
post Sep 23 2025, 08:26 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:22 PM)
I was motivated even in uni to FIRE after reading mrfreeat33. Retire to Thailand at USD7-8k p.a expenses with passive income of USD15k p.a, no alarm clock, no job, do what you like, sign me up.

Read ASSI become more motivated as Asian guy living in Singapore can do it skimming on SGD500/month.

Then enter workforce even more motivational to quit seeing how they treat you like a donkey/slave. Totally no appreciation.

I am glad I put my nose to the grinding stone as now I can just walk away whenever I want and if I want.

That's my story.
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well not interested with all your guru story

on your workforce story it is rather obvious already what is the cause

hoping employer to be appreciative? lol

it is just a binding contract, they paid you salary dude what not appreciative? lol
coolguy_0925
post Sep 23 2025, 08:27 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:25 PM)
Well you can believe it or not. Even my ex boss also told me in our industry our job prospects is really limited. Not much options. You got like only 3 way out.
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then you have a boss who can't think out of the box stuck in the same place same SME same paygrade forever

even demotivating the subordinate to be contented lol
coolguy_0925
post Sep 23 2025, 08:29 PM

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QUOTE(Hansel @ Sep 23 2025, 08:21 PM)
Yeah… don’t skimp….yolo… jammed now on an Italian highway…
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eh want to expect no jam then autobahn is the wiser choice (I know not ITA tho) grin.gif

that being said, I didn't notice anyone really drive fast there altho it is famous for no speed limit
coolguy_0925
post Sep 23 2025, 08:31 PM

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QUOTE(Wedchar2912 @ Sep 23 2025, 08:28 PM)
I am curious... if you can share... your ex-boss's salary is how much? and if he has a mba (local or overseas or local-twinning type)...
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I am more curious what kind of dead end industry that is but that will always remain as a mystery
coolguy_0925
post Sep 23 2025, 08:42 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:37 PM)
It's not guru as I didn't pay them anything and they provided their life journey for free.

There are good employers. But don't expect that in Malaysia. Lol.

I know Costco is one one them. They pay you higher wage than the minimum wage. They cover your kids education, you healthcare.

Another one is ODFL. Both of them have the lowest turnover rate in the industry. When you treat people nicely, people won't leave.

That's why I invest into 2 of them.
She's a paper. Don't really have power
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Whatever la ou want read go read none of them interest me

That is why you got a useless superior and you believed what she said lol

Once one of my director told me off bys aying we are not frontliner don't expect pay as those running the operation

Immediately I know I won't go far under such boss

Jumped to another co, huge payrise, boss got me extra from what HR offered, made my life easy for all my travel and mobile allowance (no need receipt) and ensure I got my bonus even just joined for few months

And it is in Malaysia

No perfect company, but only you have yourself to blame to not look out for better one

But it is just too naive to say no good company in Malaysia because 2 of my companies worked for sucks grin.gif
coolguy_0925
post Sep 23 2025, 09:03 PM

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QUOTE(Ramjade @ Sep 23 2025, 08:59 PM)
Thank you for contributing the country. As ASSI said the more you earn the more income tax you pay. I want to be unemployed so I do not need to pay tax to the govt.

After seeing the way govt treat the M40 and T20 with so much tax and increase cost of living sorry la.
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Despite paying more tax than you in my working years I also get to enjoy it when I am FIRED now (hospital, petrol, TNB)

Maybe I should thank you instead as you are still contributing to the system now, while I am currently enjoying without contributing already grin.gif

This post has been edited by coolguy_0925: Sep 23 2025, 09:06 PM
coolguy_0925
post Sep 23 2025, 09:29 PM

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QUOTE(Ramjade @ Sep 23 2025, 09:25 PM)
I can walk away anytime too. Just that my contribution is peanuts.
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Doesn't matter the fact is you're still contributing while me enjoying your tax money fully FIRE-ed grin.gif
coolguy_0925
post Sep 23 2025, 10:06 PM

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QUOTE(Ramjade @ Sep 23 2025, 10:03 PM)
As long as you FIRE and you are happy, then ok. Can't wait for my turn.
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Well can't complain grin.gif
coolguy_0925
post Sep 23 2025, 11:17 PM

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QUOTE(Ramjade @ Sep 23 2025, 10:14 PM)
I have lived the FIRE life as I am already LEAN FIRE. So I know the life. Aiming for FAT FIRE.
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Whatever in the front is just a definition for me

As long as no problem sustaining lifestyle and own whatever we want reasonably that's FIRE
coolguy_0925
post Sep 25 2025, 04:57 PM

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QUOTE(Hansel @ Sep 25 2025, 01:39 PM)
I don’t know what your definition of fast is…. But I see vehicles going above 250 kmh on the autobahn at the left lane and I get honked at 100 kmh on the right lane…

The ctrl-panel in the car shows no speed-limit required in many stretches of the highway, but not at all points tho’….
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Right the person who was driving did tell me some part of it is still with speed limit imposed

Perhaps diff timing & diff stretch we were at

Hence, diff encounter

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