You will never be completely at home again, because part of your heart always will be elsewhere. That is the price you pay for the richness of loving and knowing people in more than one place. — Miriam Adeney
Packing up your luggage and starting over in a new country is one of the most terrifying and exciting things. There is so much that awaits you, the people that you would potentially meet, the coffee place that you would hang out in, and the life that you would potentially live. Often times you may just be reading about it in…
So you may be wondering how much money do you need to get started investing? I think, for the most part, every beginner investor probably has wondered this. I know I have. After all, investing sounds like a really big thing. The first thing that comes to mind is charts, graphs, stock markets swings and people in fancy suits.
But how much does a regular person like you and me need to have before starting to invest?
When I first started investing, I recalled that I really didn't have much and probably started with less than $20 to buy my…
I’ve been thinking about some of the largest growing companies in the world that are losing money annually, and yet investors have more and more faith in them each year. Investors continue investing in these companies year on year despite the losses year on year. Although the bottom line remains negative, and the stock prices remain soaring. Some of these companies include Uber, Airbnb, Slack and Dropbox to name a few.
If you are in your 20’s you may probably be wondering how the heck do I make it in life? Regardless, if you are a new graduate from university or have been working a few years in your corporate job you may find it pretty daunting. After all, the cost of living is exorbitantly high with high rent, and huge student loans to pay off. Having a college degree does not hold the same level of esteem it once did during your parent's generation. It has now become a pre-requisite rather than a recognition of one’s academic achievement.
Back in…
Right, so you have been thinking about investing for some time now, but never really got the chance to go about it. You heard so many stories of individuals losing all their money in a bad investment deal and how risky the stock market is. In addition, there’s your parent’s telling you to save your money in the bank cause its less risky. …
“Focus on where you want to be, not where you are”-Anthony Robbins
We know that there is more to life than money, but we can all agree it would be pretty amazing to be a millionaire and achieve financial success. That would be the dream for most people.
So let's discuss some of the habits and things that millionaire do to get them where they are.
A study by Fidelity Investments found that 88% of millionaires are self-made millionaires. Overall, the research revealed that current millionaires are, on average, 61 years old with $3.05 million in assets. This means that only 12% of millionaire inherited money from their family, trust funds etc.
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Life Lessons
The average American, retires at age 61, with a median savings of $172,000 but more than half of workers (54%) plan to keep working past age 65. We’ve often been told by our family, friends, financial advisor’s that only when we reach our ’60s are we then only able to retire.
I think for the longest time this has been my assumption of how life works. I always thought that you go to school work hard, get into a good university, get a good job, you work that job for 40 plus years and once you reach your 60's then…
Marcus Tan
Entrepreneur, Youtuber, Content creator, Writer
