My net worth, portfolio, expenses | 5 year FIRE journey

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  • Опубліковано 14 жов 2024

КОМЕНТАРІ • 121

  • @honjokun0615
    @honjokun0615 3 роки тому +16

    Great video, Swan! Thank you for being so transparent about your numbers and experiences.

    • @SwanThinks
      @SwanThinks  3 роки тому +5

      Thanks, was nervous to share but glad I did anyways :)

  • @sallythang
    @sallythang 2 роки тому

    I watch this video 1 year ago, and I came back to watch it again to get great inspiration from you. May you be blessed with the new venture.

  • @MarcusChaiT_T
    @MarcusChaiT_T 3 роки тому +3

    As a Uni student, u are my biggest and closest role model on UA-cam. Thanks for sharing great content

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you! Means a lot to me, may your journey be smooth :)

  • @loongkwanghan6654
    @loongkwanghan6654 2 роки тому +1

    Rather impressed with your determination to save money and have financial planning at such a young age. Most ladies especially men are usually in debt at this age as we seek instant gratification. Your step by step saving of each RM is inspiring and to share your personal journey in order for others to learn is admirable.
    My recommendation is to get rid of your family car which always breaks down and drinks like a horse and buy a Myvi instead. It is a reliable car and has low mileage. Repair cost over RM 10K is heart pain

  • @brianchew8087
    @brianchew8087 3 роки тому +4

    Very much appreciate that you put some time into doing this with all your day job and such.
    Hope you're doing well too

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thanks Brian! I really do wish I had more time for this because I really enjoy it :)

  • @najmiradzi3177
    @najmiradzi3177 2 роки тому

    You really inspire me to save money and invest wisely instead of wasting it. Thanks for this great and informative video

  • @SaadonAksah
    @SaadonAksah Рік тому

    Thanks for sharing your experience 👍

  • @CshyanG92
    @CshyanG92 3 роки тому +2

    Great sharing and I really appreciate the transparency. It indeed set a good example for many young Malaysians to develop and work towards their financial goal.

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks and appreciate the kind words :)

  • @aminzakariah2891
    @aminzakariah2891 2 роки тому +1

    Really love the transparency and gave me motivation to actually think about investing more heavily! Cheers!

  • @jeffreyengeeseong9592
    @jeffreyengeeseong9592 3 роки тому

    Thank you for the sharing Swan. Lets fight together for our future FIRE

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      For sure! See you on the fire side 🔥

  • @chingwangyap7962
    @chingwangyap7962 2 роки тому

    Congrats Swan, good job in diligently managing your finances. Hope your video can inspire more youngsters to save and invest.

  • @rodneytannn
    @rodneytannn 3 роки тому +1

    Amazing transparency and career too !

  • @randomclouds37
    @randomclouds37 2 роки тому

    Kudos to your courage for sharing your personal journey, both good and bad. You've come across as a genuine human being. Wishing you all the best as you continue to fulfill all your goals!

    • @SwanThinks
      @SwanThinks  2 роки тому +1

      Thanks so much for the well wishes, hope 2022 treats you well! :)

  • @DylanInvestingInLife
    @DylanInvestingInLife 3 роки тому +1

    Thanks for the video! Gotta love the 'finance' reference haha😂😂
    How old are you? You are very wealthy for me at least! Just 5 years into saving and investing and you already have a really high net worth! 👍👍

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thanks! I love "finance" haha. I'm 29 :) I do feel very thankful for what I have, the beginning always seems slow but compounding really works wonders after some time

  • @firefreelife8542
    @firefreelife8542 3 роки тому +1

    I am also an aggressive investor so I understand your points when it comes to investment. Because we are still young so time is our advantages. But be careful and consider risk management. Goodluck on your journey!

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thanks! I wouldn't say I'm super aggressive, most of my allocations are fairly conservative. It's only crypto that's on the risky side, but still less than 15% allocation :) good luck to you as well!

    • @firefreelife8542
      @firefreelife8542 3 роки тому

      For me I only have 5% in cryptocurrency, and that should be enough since my stock portfolio is doing pretty well. Thanks for sharing your journey!

  • @harishGK2
    @harishGK2 2 роки тому

    Hi Swan, that's really great video . I have been started to lean more about investment , savings , and your video is a great motivation to move forward .

  • @VickyDong2359697
    @VickyDong2359697 3 роки тому

    Thanks for your transparency. Love your videos since it’s easy to understand and very profound

  • @bthk2151
    @bthk2151 3 роки тому

    This is great, and incredibly bold. I agree with the truth comparison is the thief of joy, inspired by you! :)

  • @EugeneMarianathan
    @EugeneMarianathan 3 роки тому +1

    Rhymes with finance :'D
    Great video as always!

    • @SwanThinks
      @SwanThinks  3 роки тому

      Hehe finance ;D Thank you!

  • @lenifromthewhitecottage2963
    @lenifromthewhitecottage2963 2 роки тому

    Thank you for sharing! On my own journey towards FIRE and love to see others (especially womens) story :)

    • @SwanThinks
      @SwanThinks  2 роки тому

      Thanks and hope your journey has been smooth so far!

  • @caparn100
    @caparn100 2 роки тому

    Very good! I've got a very similar plan and mindset to you, though I'm a lot more years down the line.
    Keep it up, put in as much as you can, spread your finances across a lot of investments and keep them in well managed low fee funds.
    In 20 years time I think even you will be surprised how much it all adds up to.

    • @SwanThinks
      @SwanThinks  2 роки тому

      Thanks for the encouragement, here's to hoping!

  • @chakomai6541
    @chakomai6541 3 роки тому +1

    Thank you for willing to share out such personal information to us, really appreciate your intention of helping us learn together from your experience , subbed your channel and liked the video🙏
    One question i have is how did you even manage to find a place to live alone with only Rm750? Thats pretty cheap actually 😮

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks for the support! :) Haha I still share half of it with my bf, so no strangers. It's also in a pretty old neighbourhood so prices are decent!

  • @KirathSidhu
    @KirathSidhu 3 роки тому

    Great video as always Swan! Your 5 year progress is truly admirable!

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks! I had luck on my side :)

  • @emyt4461
    @emyt4461 3 роки тому +1

    Thank you for sharing your personal finance, it helps me to start tracking everything. Wonder what method you use to track everything

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks :) I track my cashflow using the app money manager, and my investments are tracked manually on Google sheets!

    • @emyt4461
      @emyt4461 3 роки тому

      Tx for your reply. I took a long break from corporate job. This video helps me to go back to be on track a bit. Keep it up on your channel it has helps me a lot

  • @yijinglim6453
    @yijinglim6453 3 роки тому

    Thanks for sharing this Sara! Love how u shows n explain on ur allocation in active trading even though it may/may not give higher return compared to passive investment- it’s to enjoy the FIRE journey anyway!
    PS: the dog is sooo cute!

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks as well! It's the thrill of the chase! :D

  • @generalkenhoebi
    @generalkenhoebi 3 роки тому +1

    Hi, Swan! Could you make a video about your day job? I'm quite curious about job prospects in the Malaysian R and D sector.

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Hiya, thanks for the suggestion, might consider it in the future :) in general I think the prospects are good, since the role is pretty future proof. Like any other role, its easy to stand out if you know your stuff

  • @shojinm
    @shojinm 3 роки тому +1

    Really inspiring video! Hope to reach a similar 5-year goal as you.
    I'm curious with your 6- month emergency fund, where do you keep it? Is it in Stashaway and Versa?
    Mine is currently in a fixed deposit but I'm wondering whether those could potentially be an option.
    Also just wanna say thanks, your videos helped me learn so much about the options for investments in Malaysia and I love how detailed you go into them in your analysis.
    All the best in your FIRE journey!!

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you so much, I'm glad it was helpful :) I keep most of it in versa and some in cash, versa MMF has many advantages over FD and I've been using it as a temporary hub to store all my cash, since withdrawal/deposit is quick and easy.

  • @lawrenceseow4484
    @lawrenceseow4484 3 роки тому

    Congratulations for being able to save and invest so well even thru the pandemic. Perhaps a good idea is to have your financial planning goals set out first and work towards your retirement plan, begin with the goals in mind. Using the SMART acronym to work out your short, medium and long term goals. Then work out what it takes financially to work out those numbers using a timeline. All the best for 2021-22!

    • @SwanThinks
      @SwanThinks  3 роки тому

      Hello, thanks so much and that is exactly my framework! I have 5 year goals planned out and annual stretch goals, and back calculated the required savings rates and ROI to achieve them :)

  • @Daysoff428
    @Daysoff428 2 роки тому

    Thank you for your videos. Very helpful. Let’s 🔥

  • @suiloongyong7563
    @suiloongyong7563 2 роки тому

    Nice. You make an excellent financial planner

  • @logathevan2341
    @logathevan2341 3 роки тому

    Grateful, humble, consistent

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thank you for your high praise! 🙏

    • @logathevan2341
      @logathevan2341 3 роки тому

      @@SwanThinks haha its a true compliment.. Btw for could i know what type of ETF fund and crypto you have been investing if you are okay to share... Just curious hehe. Thank you

    • @SwanThinks
      @SwanThinks  3 роки тому

      Most of my ETF is in the S&P500, with a smaller portion on leveraged ETFs. For crypto the main holdings are BTC/ETH and other holdings change around due to trading but mostly among ADA/DOT/SOL/AR/ATOM

    • @logathevan2341
      @logathevan2341 3 роки тому

      @@SwanThinks thats awesome. Thanks again for replying ya.. Hv a great week.

  • @cjkhoomobile5830
    @cjkhoomobile5830 3 роки тому

    Wow, your fresh grad's salary is almost double the amount of the offer I got, but R&D chemist does sound like a cool job!
    Still I think the two major takeaways for me from this video is frugal spending and setting up passive income. I spent too much on food whenever I'm in the mood for it and then feel guilty as hell afterwards. I really should stop doing that!
    I recently started investing in ETH on Luno (a few hundreds MYR) and Versa (also a few hundreds, after watching your video), here's hoping I'm doing the right thing
    Also loving the filial piety expenses, I call it family tax, but yeah I starting giving those to my parents since my first paycheck two years ago and happy to learn someone else is doing it too xD
    Anyway, thanks for advice! Subscribed and looking away to your future posts! Stay safe and keep on inspiring

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Hello, thanks so much! yes I felt it was a good starting pay as well, and it was sort of my dream job to work in R&D :) definitely, in the first 3 years or so can't really see any passive income from investments, but slowly and surely it starts adding up which is exciting! But like you, food is now my weak spot :'D

  • @NickGhale
    @NickGhale 5 місяців тому

    What would be the CAGR swan? Those are some serious returns

  • @joetyler835
    @joetyler835 3 роки тому

    A very great and helpful video for me as a university student. I get to see what the adulting expenses look like thanks to you :)
    I always hear recommendations to job hop every few years to get a higher pay. Did you get a significant pay jump after changing to a new job compared to the annual increment at the same workplace?

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Glad it was helpful! Hmm I don't think that's always the case, imo if you actively work for a company's best interests as if you owned it yourself, your employer is bound to notice, if not, just be thick face and ask for a raise hahaha (that's what I did). If that doesn't work, then consider a move. Most important thing is to enjoy your work though otherwise it feels like a chore

  • @wueyTshuanMike
    @wueyTshuanMike 3 роки тому +1

    Please share how you track your portfolio in Excel! 🤩

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Haha its a bit messy but I'll work on it!

  • @acl30
    @acl30 3 роки тому

    Amazing transparency, Sara! When do u expect to reach FIRE? 😄

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you! Here's to hoping 40! But will probably continue working haha

  • @ismawatysukawi399
    @ismawatysukawi399 3 роки тому

    Very inspiring swan!

  • @knfk
    @knfk 3 роки тому +1

    Point on investing outside of MY is kind of on my mind too and wondering what is the best way to do it. When do you intend to move into property and gold?

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Haha the current situation is very concerning. Well the easiest way is through etfs either direct or with roboadvisors. I do hold reits, I prefer the liquidity rather than being tied down by downpayment and mortgage. As for gold, I'm not really a fan haha so I won't be holding any

  • @hishambrandon606
    @hishambrandon606 3 роки тому

    Great video Swan! On one note, what’s the app you’re using to track your income/ expenses?

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you! I use money manager (pink piggy bank icon), the free version is already superb but I paid for full version to support the developer :)

  • @dheepa943
    @dheepa943 3 роки тому

    Hey Swan. Amazing content and transparency!! 🙌 Do you mind to share how to invest in S&P 500 ETFs please. Do consider making a video on it as well, please. Thanks heaps!

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Hello, I'm currently using TD Ameritrade Sg for this but honestly I'm thinking of trying other platforms out. Will do one in the future, thanks for the suggestion!

  • @mr.chingtv618
    @mr.chingtv618 3 роки тому

    Your so beautiful po.. Interesting this content.. Love and support here

    • @SwanThinks
      @SwanThinks  3 роки тому

      Thanks and appreciate the support! :)

  • @semileong
    @semileong 3 роки тому

    Very nice sharing. I have my own 38-50 Fire plans too. Sound abit late..... So, your next 5 years target from now? 400% networth increase isit dear

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      That doesn't sound late at all haha. Spot on, the elusive 1 mil shall be my next 5 year goal

  • @WLee-gf2is
    @WLee-gf2is 3 роки тому

    so inspiring!

  • @hairulirwanabuhassan7971
    @hairulirwanabuhassan7971 3 роки тому +1

    Hey Swan..can consider gold in future..

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      I only hold gold as part of Stashaway haha, I'm not a huge fan of gold tbh!

  • @yx6725
    @yx6725 3 роки тому

    Great content as always 😆👍👍 interested to know what crypto you are holding 😂

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you! Aside from BTC/ETH, my other holdings are always changing since I trade, but it's almost always among ADA/SOL/DOT/ATOM/AR/VET/LINK

  • @gracepuah9800
    @gracepuah9800 2 роки тому

    Learning from this content at this hour is the best decision made ever …thanks for sharing your humble yet inspiring journey , not easy! #idolku

  • @simjiasin7709
    @simjiasin7709 3 роки тому

    Pretty please make a video about TD Ameritrade SG.... Subscribed 😁

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Haha I'll think about it! thanks for the suggestion :)

  • @cheeseyoh4553
    @cheeseyoh4553 3 роки тому +1

    Are we still able to use “finance” in Malaysia?

    • @SwanThinks
      @SwanThinks  3 роки тому

      Yes! You may finance with P2P using the "RON" currency option ;)

  • @ev-sy3620
    @ev-sy3620 3 роки тому +1

    cute corgi at 0:14 :D

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Gotta love corgi butts :D

  • @RegularGuy239
    @RegularGuy239 3 роки тому +1

    Could take public transport to save on transport cost

    • @SwanThinks
      @SwanThinks  3 роки тому

      Unfortunately not a practical option because of where I stay and place of work :(

    • @RegularGuy239
      @RegularGuy239 3 роки тому

      @@SwanThinks move nearer to the workplace ? just an idea. :D

  • @ShufFl3dinO
    @ShufFl3dinO 3 роки тому

    Great job!! glad to see you gone a long way and good job on your net worth! you are doing very very well already! :)
    If you do decide to invest in the US markets, feel free to hit me up. always happy to discuss about investments!

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Thank you! I keep putting the US markets off outside of ETFs, will consider your offer if I feel less lazy haha

  • @MrAeonsky
    @MrAeonsky 3 роки тому

    Thanks for the video Swan, was your take on property ownership in malaysia? Do you plan to own a property in MY? if yes when? (based on your FIRE goal)

    • @SwanThinks
      @SwanThinks  3 роки тому +2

      Heya, thanks! I personally don't love direct property ownership as an investment due to lack of diversification, low liquidity and high upfront and maintenance costs, I much prefer reits tbh. I do plan to own a property for own stay in the future, but only if the numbers make sense :) Current market rates still not attractive for me at my target location, I could rent at a fraction of mortgage cost!

    • @MrAeonsky
      @MrAeonsky 3 роки тому

      @@SwanThinks Great! Thanks for replying; thanks for sharing your experiences!

  • @Cincololol
    @Cincololol 3 роки тому

    In my opinion, she locked away all her asset and left with little cash. All her money already into market or locked with epf. That erased out future buying opportunity when market crash
    Anyways the figure probably is what she declared, she might have undisclosed asset lol
    To Swan, can you show us what stocks you are holding?

    • @SwanThinks
      @SwanThinks  3 роки тому

      Hiya, even though the asset allocation is according to the platform (ie. Rakuten, Luno etc), for the actively managed ones, not all funds are fully invested, some accounts will have cash balances to take advantage of corrections :) no undisclosed assets outside of total. Haha its mainly blue chips, reits and tech - but I do change around every now and then

    • @Cincololol
      @Cincololol 3 роки тому

      What do you mean by actively managed? What strategy is that? Can elaborate?
      For me, I still practice hold forever strategy, I buy once the price is low enough with mild amount, then diamond hands forever, that's the strategy that best suits me.
      I still not confident enough to DCA though.
      Thanks Swan

    • @SwanThinks
      @SwanThinks  3 роки тому

      @@Cincololol It's anything that is not a passive DCA (meaning I either pick and choose stocks/crypto or do some sort of market timing using TA or both). No worries!

    • @Cincololol
      @Cincololol 3 роки тому

      Care to elaborate more on picking and timing? I find it very difficult to monitor the price movement since I have my daily job and not very keen to open up my app to see the price. I thought of price alert but could not find one, or one that is free and reliable.

    • @SwanThinks
      @SwanThinks  3 роки тому

      @@Cincololol its mainly a 2 step process - fundamentals research for securities selection, then technical analysis for entry, exit and monitoring the news. It's not super active, I do most of it at night or over the weekend, if I'm busy I don't look at all and it's fine since fundamentals are decent to begin with

  • @brianchew8087
    @brianchew8087 3 роки тому

    If only I was as wise as you when I get as your age. Lol.
    My filial piety is always 10%, right from my first job. Even now after 22 years of working. Charity is also 10%. The rest are mine to spend.

    • @SwanThinks
      @SwanThinks  3 роки тому

      Haha I have many dumb moments, I just don't broadcast them 🤭 that's very generous! Always good to have a balance for ourselves

    • @brianchew8087
      @brianchew8087 3 роки тому

      @@SwanThinks Don't worry about your dumb moments. We all have them. Been there, done that and sometimes still doing it. 😂

  • @gamelife3679
    @gamelife3679 2 роки тому

    NO MORE UPLOAD SWAN ?

  • @focusstudy5812
    @focusstudy5812 3 роки тому

    Wow so rich , how old are you

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      A slow and steady journey :) I'm 29

  • @loubloom8370
    @loubloom8370 3 роки тому

    Your fresh grad salary lmao ! Happy for youu

    • @SwanThinks
      @SwanThinks  3 роки тому +1

      Haha was it high or low, I thought it was pretty good when I first got the offer! Thankss :)

    • @loubloom8370
      @loubloom8370 3 роки тому

      @@SwanThinks haha that's kinda alot 😅

  • @zack2415
    @zack2415 3 роки тому +1

    Sell your crypto. No matter how much the price is right now, it can at any time go to zero.