Anonymous

14 Aug 2019

∙

How to build my warchest faster?

I'm only 19 this year and still schooling in poly. Don't have much time to go find jobs during weekends or school days. Is there any tips or helpful advice to help me build my warchest up for my portfolio. Currently my portfolio is worth about $3.8k, and I want to aim for close to $7-10k by the end of this year! Thanks!

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William Ng

14 Aug 2019

Buy/rent 2nd hand car and do private hire/delivery services part time after work and on weekends. I hit my target doing this. Too bad I sold my car after landing on a new job otherwise I will continue to do.

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Eric Ong

14 Aug 2019

Project Analyst at 8Bit Global

As Siow Nan clearly pointed, a 100% return within half a year thru "Investing" is quite aggresive. It's not to say it's impossible, however, it may be rather unrealistic.

If I were 19 again, I will find way to increase my active income, and learn how to generate passive incomes. Pick up investings books, learn from investors, so when I have 7-10k, I'm able to grow my portfolio with better knowledge and skills.

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Siow Nan

14 Aug 2019

E at NUS

Go casino bet on big or small. you have about 49% chance of meeting your target to double your mone...

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Related Posts

How would you go about building your warchest after spending all in a dip?

How do I build more streams of income? Would like to reach my financial goals faster as I see no growth in my current job.

How long do we realistically need to build up emergency funds? Is just simply saving the best way to build it? Is it counter-productive to invest to build up our emergency funds? 🤯?

As a fresh grad, how do I choose between building an emergency fund and building up retirement fund (e.g. $1m by 55y.o.)? ?

How difficult is it to build a startup in Singapore? We don't come from financially rich backgrounds but my business partner and I would like to try building our own business. Are we too rash?