I can afford to buy a car in SG but the price is appaling. Will i be able to reach FI faster if i use that monies on investment instead?100kish to investments -bonds/stocks/etfs?

Honestly, if you can afford a car in SG but don’t need one, putting that $100K into investments instead could definitely speed up your FI journey. The opportunity cost is huge—cars here are a depreciating asset, while that money in ETFs, stocks, or even bonds could compound over time.

For example, if you park that $100K in a mix of S&P 500 ETFs and SG dividend stocks, assuming a conservative 6-8% return, you’d be looking at ~$160K-$180K in 10 years without even adding more. Compare that to paying for a car, which will likely be worth way less after a decade.

I get that some people value the convenience, but if FI is your priority, I’d lean toward investing. I personally DCA into ETFs using Tiger and IBKR since they have lower fees for US stocks. Have you already mapped out a portfolio plan for this $100K?

Bro, buying car damn shiong ah. If you invest that 100k, might hit FI faster. Can try tiger lor, platform easy to use, fees low low, let your money work harder than a car depreciating!

Thanks for sharing

I think the answer is yes? if u r not using the car to generate "income".