Asked on 23 Nov 2020
How would you invest if you go from making $10/h to 10k/month?
$10/hr. ($10 x 8.8hr x 22days) x 80% = $1.5k (take home pay).
I would budget $300 - $500 per month to invest. In Unit trust / sg Reit that generate dividend. So i have a choice of either re-invest or cashout if hand is tight.
$10k per month after CPF (~$8k) . Assume i had my emergency fund.
I would invest $6k monthly to US growth & SG Reit.
07 Dec 2020
That's very detailed, thank u for sharing YJ