09-03-2015, 09:59 AM
Thanks guys for your inputs. I also think so although I am not so sure whether its a form of self-consolation that I am stuck in a dead end job earning lesser than most of my peers lol.
(09-03-2015, 10:10 AM)sgd Wrote: [ -> ]Another way getting higher return other than investing in stock market is to strike out invest in your own business, see an opportunity or a gap perhaps and think can strike out on your own you should able to get more than 10% a year undercutting your ex-employer that's also doing something by yourself for a living. yes there's some risk but it shouldn't be high because the track record is there if you already doing working for someone so it's proof that is workable and there's ready pool of clientele who need it.
One of my relative did this saw a gap in his ex-coy and left to do himself, very niche market 1 man show low overheads, owns a nice place nice car go on nice holidays every year, should be getting "pretty good returns".
(09-03-2015, 10:52 AM)opmi Wrote: [ -> ](09-03-2015, 10:10 AM)sgd Wrote: [ -> ]Another way getting higher return other than investing in stock market is to strike out invest in your own business, see an opportunity or a gap perhaps and think can strike out on your own you should able to get more than 10% a year undercutting your ex-employer that's also doing something by yourself for a living. yes there's some risk but it shouldn't be high because the track record is there if you already doing working for someone so it's proof that is workable and there's ready pool of clientele who need it.
One of my relative did this saw a gap in his ex-coy and left to do himself, very niche market 1 man show low overheads, owns a nice place nice car go on nice holidays every year, should be getting "pretty good returns".
Usually investors and businessman are quite opposite in personality.
Passive vs Active
Pessimistic vs Optimistic
Think/Talk first vs Do first.
Generally, I think investors quite 'nua' one, and not suitable for business.
Watched TW talkshow recently:-
To invest a business operated by others, you need 三本"
本行 - operator must be from that industry/sector
本金 - operator must come with own capital
本人- operator must run himself, full time.
(09-03-2015, 09:31 AM)sgpunter Wrote: [ -> ]Agree with sgd that there are plenty of jobs out there paying 10k and more but disagree that finding and landing such a job isn't hard these days.
Anyway, I like this topic as I have been pondering over something similar recently albeit slightly differently. I currently work in a job earning a decent income with extremely good work life balance and plenty of time to conduct my own equity research and monitor the market. However, I am contemplating changing jobs with a higher salary of around 10-20% where job prospects are much brighter but the trade off is I lose my work life balance and probably won't have the time for my own research and what not.
On the one hand, I feel somewhat dejected that my former peers are earning mostly more than me but on the other hand, I am hoping to make up for that shortfall with the time I spend on personal investments. What would most people do in my shoes?