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Anonymous

29 Oct 2019

Career

What does a full-time investor do compared to a normal investor with a full-time job?

Everytime I see my relative or parent’s friend, they always say so and so is very rich. And when I asked what they do for a living, my parents will say “Dunno leh, they do stocks one, “ they investor” etc. And by rich, they literally have a few luxury cars and landed property.

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Terence Tan

29 Oct 2019

Financial Services Consultant at Manulife Financial Advisors

Hi Anon

There’s a few different kinds of “investors”

There are some that invest for the long term (like Warren Buffet) and there are some that trade. Not sure which you are referring to

Some possible scenarios

  • they are traders (everyday look at stock market then open n close trades within the day. Or make a couple of big trades a week)

  • value investors. They buy a few undervalued shares or stocks, then sleep on it. A couple of years later, it appreciates

  • made some money flipping properties or business or through their job (from what it seems, possibly quite high income) then they just build up over the years

  • grey money? This varies from person to person

  • great risk-taker (go big or go home) and they make their money through these opportunities

I feel the above scenarios can happen to both “full-time investors” and “normal investors”. Comes down to time management skills etc

A tip I can give you is just make friends with them, and ask them. If they are generous, they might share with you and you can possibly gain a mentor to follow? Otherwise, they just are secretive and brush it off. Either way, you have nothing to lose but everything to gain

Hope this helps, wishing you all the best in this quest

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