caption A woman who retired at 28 with $2 million shares her best advice. source isa_ozdere/Shutterstock JP Livingston retired early at age 28 with a nest egg of $2 million. Her entire career before early retirement lasted seven years; she now runs the blog The Money Habit. During her career, she learned the ins and outs of planning for financial freedom. Below, she shares her best advice for making money – which includes creating a side hustle, honing your career-management skills, and reinvesting in yourself. My parents grew up poor. Eight-people-living-in-a-one-room-apartment poor. Food-stamps poor. “You’re a busboy, and maybe one day if you work really hard you’ll move up to being a waiter” poor. When I was a kid, my parents constantly emphasized how important financial freedom would be, and what one must be willing to do to achieve it. I eventually retired early, at 28, with a little over $2 million. … [Read more...] about My parents grew up poor, but I retired early at 28 with $2 million. Here are the 6 best pieces of advice I can give you about making money.
Multi million dollar business loans
Chua Tiong Tiong aka Ah Long San’s death has been classified as unnatural. The Straits Times One of Singapore’s most notorious criminal, Ah Long San, passed away earlier this week. According to a report in The Straits Times, the convicted loan shark was alone in a car parked along the roadside in Geylang, when he suffered a suspected heart attack. Police confirmed a 62-year-old man was found motionless at the junction of Lorong 31 Geylang and Sims Avenue on Monday (Aug 27) morning, and was pronounced dead after he was sent to the hospital. Investigations are ongoing and the case has been classified as unnatural death. He ran one of the biggest illegal money-lending syndicate in Singapore Ah Long San, whose real name is Chua Tiong Tiong, ran a multi-million-dollar illegal loansharking business in the nineties; aided by his brother and about 40 runners. Raking in about S$500,000 a month, his syndicate was one of the biggest and Chua gave the law the slip for more than a … [Read more...] about Ah Long San, Singapore’s most notorious loan shark, has died – here are 5 things about his life of crime
Ah Long San, arguably Singapore's most notorious loan shark who once cultivated a network of police officers to help in his multi-million-dollar illegal moneylending syndicate, died yesterday morning. The Straits Times understands that Mr Chua Tiong Tiong, 62, suffered a suspected heart attack when he was alone in his car. It was parked along the roadside in Geylang, where he had operated his loansharking business in the 1990s. He was taken unconscious to Tan Tock Seng Hospital around 9am. When contacted, the police said a man, who was found motionless at the junction of Lorong 31 Geylang and Sims Avenue, was pronounced dead in hospital shortly after. The case has been classified as unnatural death and police investigations are ongoing. At the wake, the family declined to comment when approached by ST last night. A report by The New Paper in 2001 said Mr Chua had six children. An Accounting and Corporate Regulatory Authority check showed that Mr Chua had been the owner of a karaoke … [Read more...] about Ah Long San, Singapore’s most notorious loan shark, dead at 62
A court in Vietnam convicted 46 former bankers and businessmen of corruption on Monday over a multi-million-dollar lending scam spearheaded by the once-powerful chairman of Vietnam's Construction Bank. It is the latest in a series of major banking trials aimed at cleaning up the opaque sector long plagued by bad debts, corruption and nepotism. Vietnam's communist leaders have vowed to target the banking business as they wage a sweeping anti-graft campaign which observers say is unprecedented in its scope and scale. The government said it is weeding out bad actors, while critics say it is also eliminating political foes in the process. The latest bankers and executives jailed are accused of causing losses of more than $257 million in an elaborate lending scheme involving Vietnam's Construction Bank (VNCB), according to the official newspaper of the justice department of Ho Chi Minh City. VNCB's former head Pham Cong Danh was found guilty of overseeing an illegal lending … [Read more...] about News Vietnam court jails 46 bankers, execs for loan scheme
Forbes is back once again with its 30 Under 30 Asia list, and this year, we see 13 categories – an increase from ten in 2017. We also see a slight increase in the number of individuals in Singapore, some of whom we’ve worked with for features on Vulcan Post before – congrats, you guys! Let’s take a quick look through the list, and celebrate their successes at the same time. THE ARTS Jackson Aw (28) - Mighty Jaxx Mighty Jaxx was established in Jackson Aw’s bedroom in 2012 on a $20,000 loan. When we talked to Aw last year, the 4-year-old startup had sold over thousands of figures to toy enthusiasts in over 50 countries. To date, they have worked with DC Comics, New Balance, and renowned artists to bring unique figures to life, and Aw revealed that they are looking forward to creating even more collaborations and original content in the years to come. Currently, Mighty Jaxx is a multi-million dollar company, but he shared with us this piece of … [Read more...] about Meet the 24 inspiring individuals in Singapore on Forbes’ 30 Under 30 list 2018