facebookWhat’s the very best financial advice you’ve ever received? And who gave you that advice? - Seedly

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Anonymous

08 Jun 2021

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What’s the very best financial advice you’ve ever received? And who gave you that advice?

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Invest in a fund or business that grows with compound interest.

Was told first by my Math teacher, then a financial advisor years later.

Reverse engineer how much you need in 5, 10, 15 years etc. then you will know what you need to do to get to where you want to be. It provides clarity.

I'm not a financial advisor, but just something I learnt from my friends who are in the industry, and found that super useful tbh.

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Buying passive stock ETFs instead of single stocks and holding super longterm.

The media.

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  1. It is not about risk appitite, but about how much you need in your retirement. Investment is not about getting rich fast, but about having enough for retirement. - Chua I-Min (SG investment coach)

  2. If someone found a way to make money, he will not spend his time telling the world how to make money. He will spend his time how to make money, unless you are his way of making money. - internet tweet

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Zed

31 Oct 2020

Just a Software Developer at Tech Company

Work is better when you don’t need the money - Pete Adeney (Mr Money Moustache)...

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