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Forgo Your Child Tuition; Invest the $ Instead
By Retirement Noob  •  July 18, 2016
Few days ago, I felt so lazy to get out of bed, with my sleepy eyes, I lazed in bed reading a blog post - My talk on Funding your child's University Education at the Lifelong Learning Library. And this paragraph caught my attention - "Along the way, I was able to blend in some ideas from economists along with some statistics to get parents to start thinking about the opportunity costs of paying such a large amount of money to tuition teachers and enrichment seminars and think about how large this money stash can get if it was invested in the stock market instead. This forms the heart of my dangerous idea : Money paid to tutors and enrichment schools could have been used to pay off dividends starting from the day your child graduates from a polytechnic." What really got my attention - Dangerous Idea? Not that ......
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By Retirement Noob
This blog is all about my journey towards my goal for retirement. Living in Singapore has its merit, but it comes at a price of worrying about our retirement. My ultimate goal is to build passive income which will allow me to retain my lifestyle even after I have retired. This blog will hopefully document the growth of my investment portfolio and share with others that it is possible to be a Millionaire with a middle-income salary.
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