14-01-2015, 06:41 AM
(13-01-2015, 11:42 AM)opmi Wrote:(13-01-2015, 09:31 AM)yeokiwi Wrote:(13-01-2015, 09:12 AM)CityFarmer Wrote:(13-01-2015, 08:56 AM)yeokiwi Wrote:Quote:Most people in their lifetime (including me) are most probably going to earn more from their fixed income jobs, rather than through investing.
It is not only about asset and financial freedom. There are generally more satisfactions with having a good job.
I mean you might feel happy after achieving financial freedom but that happiness will not last for the next 20-30 years.(probably half a year or less..haha)
So, it might not be a good idea to sacrifice a good job/education/opportunity and put more effort into personal investment.
Financial freedom, and satisfaction of a good job, isn't necessary mutually exclusive. You can achieved financial freedom, and yet working on a good job.
A good job should be a job where you are looking forward for Monday mornings, and having blue during weekends.It might not necessary a highly-paid job.
The best part is, you have more freedom in the good job. You will not fight for pay, promotion etc, and chose to enjoy the good job fully.
Certainly, by all means to go multitasking.
But, if a first class honour is within reach by putting more effort into your final year project, I suppose it should rank higher than part time investing unless you already have a few millions of investments.
Or, putting in more effort to be recognized in your job rather than being a faceless worker in a company.
Knew a guy who skipped his honours year to join his mentor in a fund mgr boutique. In the end, the boutique close shop, partly due to AFC. Now he is working in civil service. Lost interest in equities investing. Whole day talk about overseas properties.
Anyway, it is harder to find a job that you like. Few people tap dance to work. To me, if you spent more time on your job thinking about holidays, then you are in the wrong job. OR WORSE, dont know what job you want. Know quite a few 80s babies (Gen Y) AND some 70s babies (Gen X) that are like that.
I think that the faster way to increase capital in the earlier stages of life would be to increase salary (if employed). By being recognised and promoted, more salary could be earned and diverted to capital investments