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Anonymous

27 Dec 2020

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What shall I do next after reaching my first savings goal? I intend to have $150,000 in 10-12 years time, so should I continue to save in the bank or invest?

I'm 24 years old this year and have been working for a year, after ORD in 2019. I've managed to save $17,000 this year, which is more than what I had originally planned for this year. What should I do next in order to hit $150,000 (or more) in 10-12 years time? Should I continue putting money in the bank or invest or both?

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Royalchem

27 Dec 2020

Project Officer at Security Related

Are you gonna study or work after ORD ? Also your 150k is full cash or asset ?

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1M45

27 Dec 2020

If ur goal is just $150k u definately can do it less than 10years just by pure saving. Ur salary will increase as u get older

The question is wat next After $150k? Can your next goal able to achieve by saving? If yes what next? If your financial goal can all achieve by saving, then why take risk to invest? Only when you know u cant achieve by saving or side hustle then take the risk to invest.

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