My Decade-Long Journey To Five Million

My Decade-Long Journey To Five Million

5 Million Dollars. 10 Years. This is the story of my journey.

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Archive for Goal Setting

Resolutions, Schmesolutions

“What are your New Year resolutions?”
Probably one of the most frequently asked questions between Dec 31 and Jan 15, year after year after year after year.
Which leads me to my next question to you, dear reader:
Can you name one friend, just ONE friend, who has managed to achieve what he/she was set to do in [...]

Roadmap Update: Year 1, December

Changes since last update:
The job
Whoah. What a year. The job cuts are coming, and seriously, nobody is safe. NOBODY is safe.
I thought “headcount reduction” was something that would happen to other teams, but not mine. My team handles a critical business function, and we have been doing really well despite the economy situation. Why let [...]

Just Found Myself a Role Model

Grace Cheng has shown me the way. She’s a 28-year old Singaporean, who has found the way to be travelling round the globe for a year while still doing her work. 
IT WAS a trip around the world many dream about but few accomplish.
 
But foreign-exchange trader Grace Cheng and her husband did it - with a [...]

“It’s Not About How Much Money You Make”. Yeah, Right.

WRONG.
If we’re talking about living a good, comfortable life, sure, past a certain amount, it’s not about how much money you make, but more about what you do with that money, and managing your expectation. 
But if we’re talking about becoming a millionaire, then it’s a whole another discussion altogether. This whole “it’s not about how [...]

Roadmap Update: Year 1, October

Since the last update, there have been a few changes:

The business has been going slowly unfortunately. Load at work has been unbelievable.
Thanks to the economy, I think it’s quite realistic to say that my target of getting a 6-month bonus for 2008 ain’t gonna happen
The market has been so volatile, I’ve decided to [...]

On Not Giving Up

I’ve never seen the failures of so many great and famous people collected together in one page! Did you know that Lance Armstrong finished LAST in his first professional race? Luckily he didn’t give up, eh? 
Go ahead and read many other interesting facts about how the greatest athletes, musicians, dancers, actors/actresses, and even statesmen handled [...]

More Accurate Net Worth Update

NetworthIQ is fantastic! It lets you keep track of your net worth, and compare it with the net worth of people from similar education background, age group, income bracket, and so many other things. 
I wish I had found this site before I wrote this post and this page, which, in retrospect, aren’t really accurate. After including [...]

Roadmap Update: Year 1, September

A few key highlights:

I’ve started a business so I can claim deductions for my business-related expenditures
I’ve decided to dedicate my resources to learn Forex trading till the end of 2008. 
I’ve decided to try to save 80% of my salary every month till I’ve got a safety net to put aside.

How Much Should You Have When You’re Retired?

You know, the thing about thinking about retirement is that it’s neither a lot of fun nor inspiring. I mean, yeah, I know all about the magic of compound interest, especially when it’s dragged across 40 years. But heck! Who wants to retire at 70? I want to retire when I’m still healthy, when I [...]

Year 1 Roadmap Posted

It’s a mindmap! Take a look at this roadmap here. I created it using the excellent open source mindmapping tool FreeMind.
What I’d like to do going forward is to make that image clickable, each bringing you to a relevant post. So as the year progresses more and more portions of the image becomes clickable.
Alas… Wordpress [...]