Emir | The Millennial Finance

3 pillars of personal finance that I like to talk about. Earning, saving, investing. The trifecta. You'll do pretty well financially if you can sort these out 👇 Earning 🧑‍💼 Cold hard truth first. It's hard to get far with your finances if you don't earn much. This should be the main focus for those with low income. Working towards a promotion, job hopping, or starting a side biz are options. Saving 💰 What's the use of earning all that money if you don't save it? Building basic savings is key to having peace of mind. Also gives you confidence to go for opportunities that further build income/wealth, like investing ⬇️ Investing 📈 Keeping cash in a savings account will make you lose to inflation. Investing helps protect against it and grows your money further for the long run. It's the best way to build long-term wealth for the average person.

Starting to sound like Bitcoin at one point

Wow ASB is getting creative too

"Market manipulation" is the most pathetic excuse for losing money in your trades. Own it. You fucked up for whatever reason only you yourself know. Somehow it's never market manipulation when number go up.

This exactly Too many crypto bulls speak as if some things are “guaranteed” Nothing is guaranteed in the market, stay humble

Bought puts on Nvidia yday, felt like a hedge was needed Lucky timing

Well under 100k now 👀 Indexes just starting their down move too

🇲🇾 Malaysia's ringgit has gained 6% against the US Dollar and is the top-performing currency in Asia this year, according to Bloomberg report.

I said I’d just DCA and hold but couldn’t help myself, sold a chunk close to ~RM500k Didn’t think it would get here this quickly

Delayed all the time, made me start paying the extra for MAS

Yeah no thanks This risk is why I wouldn't voluntarily contribute to EPF. The mandatory matching contribution is decent, but I wouldn't go beyond that

If you have a housing loan at this interest rate, you don’t rly have to pay it off immediately Can literally put the cash in a money market fund and withdraw to pay monthly You’ll come out on top bcs mmf returns > housing loan interest rate

Damn guess she’s a pretty good signal 😂

Buying lower priced things almost always means youll lose the entire value The thing about being rich is you can buy super luxury items, use it, and breakeven or sell for a profit Must be nice to be rich

My mum just asked if she should sell some investments to buy gold bcs it just keeps going up Is the top in

@FinBizJedi I’d have 0 confidence hitting any of those 😂

When you visit your parents and end up taking a trip down memory lane. Here's one of my dad's first ever golf sets + clubs he's added over the years. You don't see woods like that anymore.

Damn one of the biggest reasons for divorce is money Id talk to your partner about it before you get married, better be aligned on how you handle money otherwise it’ll be a tough relationship

Bunch of leveraged ETF these days These aren’t for investing long term btw, you’ll eventually lose it all Use case is trading only

One thing I don’t understand is why these guys with 8/9 figure portfolios would still risk it all Then again, maybe that’s why I don’t have an 8/9 figure portfolio. Too chicken

Seeing lots of these posts Ppl trading crypto leveraged to the max not knowing what it can do to you Double edged sword - in crypto especially you can get fully liquidated in seconds bcs of low liquidity

Yen tanking again, bought more for my Japan trip Used some USD this time, oddly enough would rather hold onto my MYR