MAN SAVED $500,000 IN 20 YEARS WITH AN AVERAGE SALARY

[blackmondy]

His opportunity cost was the quality of life he forgo in his youth that can never be recovered.

 

[SalahParking]

What an Idiot. To use CPF to pay for HDB instalment and then keep cash in the Bank.

 

[sweetiepie]

What an Idiot. To use CPF to pay for HDB instalment and then keep cash in the Bank.

That means my uncle did salahparking
Ongoing latest parking (onlee can leesplay passed 1 year there were more)

 

[sweetiepie]

When the saving mode momentum has taken off the sense of achievement wouldn't lose to that of enjoyment or holding power to any entity eg ceo Minister etc .We would want to set another % target to be saved- % supersedes the amount in his case $2300 while in my uncle's case has attained 100%

How my uncle attained savings of 100%? As mentioned through wise betting of fixed leesults with avg $20 to $100 per bet eg

FT 2-0

FT 3-0

 

[sweetiepie]

How my uncle attained savings of 100%? As mentioned through wise betting of fixed leesults with avg $20 to $100 per bet eg
View attachment 124353
FT 2-0

View attachment 124354

FT 3-0

As mentioned the higher the odds is put more money on it not the other way to put alot of money for small odds that is the MAIN success factor. Leeson is that other people put 5k on 1.53 my uncle put 70 on other side risk of draw but calculated kind
Eg $70 on 4.10

 

[syed putra]

Is suppose he lived with his parents and had no wife or family of his own. Then this is possible.
When he had enough momey, he bought his own hdb.
If you got a family, a car becomes a essential item unless you live very near to a school.