5 Million Dollars. 10 Years. This is the story of my journey.
Finally, CFA Level 1 Exam is behind us! Let’s hope that we won’t need to go through the same thing all over again for December So back to our regular programming here: net worth! Recently I took another look at my current net worth, which has been going up and down thanks to currency fluctuations, [...]
I don’t know how to write this post without sounding like I’m boasting, so I’ll write it anyway. To make a long story short, after cashing out my investments recently, I am sitting on an amount of cash that qualifies me to be a premier/priority banking client in Singapore. Now, I know that premier/priority banking [...]
These days, hardly a day can go by without something about Wall Street bonuses in the news. The fact that banks like Merrill Lynch paid out $15 billion bonuses after $42 billion losses, or that Citigroup paid out $4 billion after two multibillion-dollar rescues, have been discussed and beaten to death. People were outraged, politicians were in [...]
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 [...]
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 [...]
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 [...]
CNBC reported a few days ago that in the U.S.: “Some 21 percent of those with salaries of $100,000 or more say they are living paycheck to paycheck, according to a recent survey conducted by CareerBuilder.com.” Amazing isn’t it? I still remember when I broke the S$100k p.a. for the first time. [...]
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 [...]