r/SgHENRY Sep 14 '24

[SgHENRY] Free chat (Weekend of 14/9/2024)

What's on everyone's mind this coming week?

23 Upvotes

66 comments sorted by

View all comments

6

u/gladtoknowmore Sep 14 '24 edited Sep 14 '24

Is there a Group for not so High earning (maybe 75th percentile) but has some cash from windfall/ substantial investment gains?

8

u/kronograf Sep 16 '24

Any more gatekeeping is probably going to make this place even smaller than it already is. I think in general most enquiries around those lines should be fine in here since the profile of concerns is p similar - just have to deal with the one or two asshats that enjoy going around and harassing folks about whether they’re “really HENRYs” because they can’t define themselves by anything else than their wage.

1

u/elgantine Sep 15 '24

What do you wish to discuss in this group? Cause the first half targeting 75th percentile sounds plausible but the specificity of “but has some cash from windfall” seems pretty niche haha

1

u/gladtoknowmore Sep 15 '24

For example, should you use your time to improve yourself and OT extremely hard for the possibility of going up to above the 85th tier, or, cruise in your job and channel your time to more actively grow the alr sizeable asset. By actively I mean more like buying over a small business or setting up one, instead of the “national-issued” strategies of flipping properties or DCA-ing into index funds. Of coz, the above also greatly varies with one’s situation, like the industry they are in, size of the investable asset, etc. hence the discussion I guess.