facebookWould joining insurance be the fastest way to reach 1M? Or would joining a 9 to 5 and investing still allow me to reach the same end goal with the same time frame? - Seedly

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Anonymous

08 Jun 2021

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SeedlyAMA

Would joining insurance be the fastest way to reach 1M? Or would joining a 9 to 5 and investing still allow me to reach the same end goal with the same time frame?

AMA 1M65

Discussion (6)

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Hayati Jumat

15 Jun 2020

Financial Service Consultant at AIA Singapore Pte Ltd

Being in the industry, I would agree that an insurance agent aka financial advisor may give you the opportunity to earn limitless income, hence, enabling you to reach 1M faster.

However, at the end of the day, if anyone, including those insurance agents or 9am-5pm workers, wishes to reach 1M quickly, we all need to learn how to manage money well to grow them.

Having $10k monthly income with $9k of expenses will SURELY take longer to reach $1M than a 9am-5pm chap who earns $4k but managed to save $2k/month!

😊

I believe you are asking about career option.

The skillset you possess to excel in your job is more important.

There are not fixed paths that is the best, but one that you enjoy and suits you.

Investments can be done as a hobby on the side.

You might have to consider what your clients will think if you told them that :P

Financial plannin...

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