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Accumulate $100,000 By 30 Years Old?

Today I came across this article regarding accumulating $100,000 by 30 years old, by the way the original article is from Straits Times, you can find it here . Of course it's possible but it doesn't apply to everyone, I hope people don't go ahead and think that it's a benchmark, there are too many variables to consider. Let's look at the numbers: 1. Accumulate $100,000 by 30 years old. 2. Start work at 25 years old. 2. Earn $3050 per month as starting salary. 3. Get 4.5% increment per year. 4. Get 3 months bonus per year. The article also says if you save 20% of your take-home pay and depending on whether you invest or not, you can accumulate between $49,000 to $53,700 by 30 years old. But in order to achieve or cross $100,000, you have to save at least 50% of your take-home pay, and the article also mentioned the following which is very important: "With some effort, young people can achieve this, especially if they do not have heavy commitments suc
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Flo Rida - Whistle [Official Video]

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Sheng Siong Closed at $0.63

Hmm, not bad, in the green as expected, now I wonder how long will the rally last, but it's still quite surprising because STI closed at 24.86 points lower. Next is Lippo malls, I think after their results announcement in May, their share price will surge because they are making a profit, I haven't seen their results yet but I am very confident because Indonesia has a huge and growing economy, let's see.
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Спортивный Киев ( Street Workout In Russia and Ukraine )

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Posh violinist Lettice Rowbotham gives the Judges something new | Britai...

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OneRepublic - Counting Stars

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Bedok Reservoir Sheng Siong Business So Good

Just now I went to there so many people, I think because of the lucky draw, anyway their profit for first quarter of 2014 went up 11.5% compared to the same quarter last year, not bad, that 11.5% is about $4.6M. And with their latest results, their share price also climbed up to $0.62 from $0.595, also not bad, I think next few weeks will go higher, too bad I didn't buy more, sigh, have to set aside money for my renovation and furnishing, I was worried if I buy I might get stuck for a while, but well, nobody can predict the future ;) But from what it looks now after their recent general meeting, the price will move up next week, it's being hyped by the share buyback potential, it's 11.5% profit growth and also the lucky draw is back, furthermore they have plenty of spare cash, they can afford to buyback shares, I think it's very possible they will buyback from the market because from now until 2017 (Junction 9), they don't seem to have any other expansion plan, bu
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Resale Purchase Approved!

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Ok, the transaction is mostly set now, all I need to do is wait for the hardcopy approval to be sent to me by post and then appear on the 26 of May to settle whatever paperwork that needs to be signed and collect the keys! Approved!
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Popular posts from this blog

Long-Term Visit Pass - Plus (LTVP-PLUS)

http://www.ica.gov.sg/news_details.aspx?nid=12665 Good news for those of us who cannot get PR for our beloved spouse, because the Singapore government has come up with a enhanced long-term visit pass called LTVP-PLUS or LTVP+. I'll sum up the key points in the FAQ provided by ICA so you don't have to go through one big page. Do let me know if I missed out anything or correction is required by dropping a comment. GENERAL LTVP+ will be in effect from 01 Apr 2012. LTVP+ holders will enjoy extended duration of residency, public healthcare subsidies and easier access to employment. No separate application required for LTVP+; an application for LTVP will automatically include your spouse for LTVP+, if eligible. LTVP applications submitted from 01 Feb 2012 will automatically be considered for LTVP+. The first approved LTVP+ will grant 3 years residency and subsequent renewal will be 5 years. Current holders of LTVP will be considered for LTVP+ on next renewal. If holde
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How to Marry a Thai in Singapore

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You should refer to here -  https://www.rom.gov.sg/reg_info/rom_marriage.asp Please spend some time to go through and understand the information on that section (legal provision, other information, filing of notice, solemnization and etc), if your still not sure, feel free to drop a comment here or you can use their FAQ . The ROM website did a really good job of putting together the information that you need in a well-organized manner. I've done it once and I think the guide is very easy to follow. The only hiccup I've had with my marriage is during the  Appointment for verification & Statutory Declaration where both of us were required to read out a wall of text and my wife had difficulty getting past the first few lines and the counter guy got fed up and told my wife to stop. Definitely my oversight as I didn't arrange for an interpreter beforehand but luckily, there was a licensed interpreter at the scene and we managed to get her to do the interpretation fo
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Commission Calculator for DBS Vickers SG Stocks

Made this little tool to help me calculate the costs of buying or selling a stock, just enter number of shares and price and it will show both buy and sell costs at the same time. Can even choose by cash upfront, online or phone and it will calculate using respective rates. Cash Upfront ONLINE By Phone Shares: Price: Value: Commission: Clearing Fee:
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