What is the best financial decision you have ever made in your life? - Seedly
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Leong Wen Fong

Asked on 19 Sep 2018

What is the best financial decision you have ever made in your life?

Many people here talk about their mistakes in finances, but I don't just want to just learn from the mistakes, but also the great things that everyone does

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HC Tang
HC Tang, Financial Enthusiast, Budgeting at The Society
Level 9. God of Wisdom
Updated on 07 Jun 2019

Best financial decision?

Joined Seedly. Learned a lot from seedly co-founder, staff, friends and members in seedly who shared learned a lot.

The financial blogger / guru blog shared by seedly. Learned a lot from their sharing / blogs.

The product review of seedly, reviewed contributed by past product user of seedly members allow me to check and know more about the truth about the product before getting them.

Finally and most importantly : Getting feet wet, trying all things new after understanding and some planning , reading review and started really investing.

Never move then I'm going no where , do something , take a step, then at least I see something and understand even better.

Cheers ! Thanks Seedly and Members!

2 comments

👍 3
Leong Wen Fong
Leong Wen Fong

19 Sep 2018

Haha we learnt a lot from you guys too!!
HC Tang
HC Tang

19 Sep 2018

Thanks Bro. I try to share what I know. Thanks you guys for sharing too.
Kok Koon
Kok Koon
Level 5. Genius
Updated on 07 Jun 2019

Biggest wins in Q3 2018:

  • Investment in people and human capital.

  • Volunteering and giving out of pure goodwill. There's no wins in hoarding knowledge.

  • Stop lurking and started writing conscientiously for Seedly instead of for a new blog for selfemployeds in SG.

  • Contribute article ideas which I neither have the time or resources to do but will be big wins for some blogs.

In the 3-4 months since I started writing here and other niche interest groups, I have 8 people who are helping me with my new business venture/project (previously 0), pointing me to resources and network that would have taken me hundreds of hours to get there.

===

Give and it will be given back to you.

Ask and you shall receive.

Seek and you shall find.

===

In the last 4 weeks, I've met and meeting some Seedly members face to face + long PMs with hidden dragons who are so generous with their sharing. Tonight I'm also getting accepted to attend a talk on CPF investment by the speaker although the tickets are all sold out.

The wisdom I'm gleaning gave me SO much clarity and direction to work on my investments.

I took some photos for reference but no, I'm not posting them here to respect the privacy of these folks.

2 comments

👍 2
Leong Wen Fong
Leong Wen Fong

19 Sep 2018

I don't have enough upvotes for this question, this needs like 100 more upvotes!!
Kok Koon
Kok Koon

19 Sep 2018

It's like that bro. People want to know how to get rich or FI. When you tell them how, they will scoff at you. It's like a kid asking, 'What can I get from serving God?' 'You get God' And the kid walks away, disappointed. Strange isn't it? That's why so many gems in Seedly need to be sought out. Can't get them to talk publicly cos they get flamed. For being helpful. I mean, if we do things the way it is and don't see change in our lives, shouldn't we try a different approach? Yet when we are told by the wise ones to do it differently, we revert to our old ways due to comfort zone or pride. And expect a different result doing the same thing.
Junus Eu
Junus Eu
Top Contributor

Top Contributor (Apr)

Level 9. God of Wisdom
Answered on 02 Dec 2019

Starting early at 20. Compound interest really starts getting substantial over time :)

0 comments

👍 1
Jason Sin
Jason Sin
Level 8. Wizard
Answered on 19 Sep 2018

Join Seedly to learn more about investment.

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👍 1
Jay Liu
Jay Liu, Diploma in Accountancy at KHEA
Level 7. Grand Master
Answered on 19 Sep 2018

Trying to find some financial groups and then found seedly which I learnt a number of things. Having a community that is ready to answer any question is better and more efficient then asking friends/ forums. There are also more people answering and thus can consider a wide range of views.

0 comments

👍 1
Nicholas Chan
Nicholas Chan
Level 6. Master
Answered on 19 Sep 2018

Invest when markets are cheap. Be greedy when others are fearful.

0 comments

👍 1
Jake Chen Yixian
Jake Chen Yixian
Level 2. Rookie
Answered on 19 Sep 2018

Join seedy.

Buying term insurance

0 comments

👍 1
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered 2w ago

Clearing my housing loan on my own in a little more than 5 years. the feeling of being debt-free is priceless and i feel energised to spend time at Seedly and learn about how to power up my money!

0 comments

👍 0
Rais M
Rais M
Level 7. Grand Master
Answered on 06 Mar 2020

Understood the concept that a dollar saved is a dollar earned. Saved alot more money ever since.

Learnt the power of compounding. Glad that I started investing in my mid 20s.

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👍 0
Andy Sim
Andy Sim, HR Professional at a Financial Institution
Level 7. Grand Master
Answered on 06 Mar 2020

1) Join Seedly

2) Covering myself adequately for insurance

3) Completing my degree

4) Learning from my job

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👍 0
Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered on 06 Mar 2020

Invest together as a couple. Apart from the economies of scale, I think it really helps to be aligned on the long term goal and work towards a common objective together.

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👍 0
MT2020
MT2020
Level 7. Grand Master
Answered on 06 Mar 2020

The best financial decision is to control my spending. Many people think its how much you make that determines how rich you will be. Instead, I choose to believe its how much you will save that determines your wealth. It is also a good habit to cultivate from young.

0 comments

👍 0
Wilson Nid A Break
Wilson Nid A Break
Level 8. Wizard
Answered on 03 Dec 2019

Pull the plug on my first investment purchase and the rest is still an ongoing journey

0 comments

👍 0
Dolce Goh
Dolce Goh
Level 3. Wonderkid
Updated on 18 Mar 2019

Did not commit to my dream car in 2008 despite the $2 COE. So proud of myself even until now.

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👍 0
Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered on 20 Sep 2018

none yet. still learning, and here to learn :)

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👍 0
Jane Koo
Jane Koo
Level 2. Rookie
Answered on 19 Sep 2018

Becoming a Financial Planner with the objective to grow my own finance instead of relying on ungrateful boss's appraisal for pay growth.

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👍 0
Ck Chai
Ck Chai
Level 6. Master
Answered on 19 Sep 2018

Definitely is joining seedly!!! I have learnt quite a bit here and now working on reviewing my ins policies, savings and CPF, etc... However, really need some time to digest the vast information received in the group and to identify the unbiased comments / info.

0 comments

👍 0
Gabriel
Gabriel
Level 8. Wizard
Answered on 19 Sep 2018

Started my investment journey after joining Seedly, gained so much new knowledge from the articles as well as fellow members

0 comments

👍 0
Jeff Yeo
Jeff Yeo, amateur Social contributor at School of social sharing
Level 7. Grand Master
Answered on 19 Sep 2018
  • being enlightened that I need to invest to retire

  • joining investment communities​​​

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👍 0
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 19 Sep 2018

Joining a workshop on selling options and portfolio management 2 years ago. Will be using this to supercharge my retirement and fire my boss soon

0 comments

👍 0