How to Become a Millionaire by 30

Becoming a millionaire by the age of 30 requires a combination of financial discipline, strategic planning, and hard work. Here are some steps that can help you on your path to achieving this goal:

1. Set clear financial goals: Define your financial objectives and create a plan to achieve them. This includes setting a specific target for how much wealth you want to accumulate by the age of 30.

2. Save and invest consistently: Develop a habit of saving a significant portion of your income and investing it wisely. Consider diversifying your investments across different asset classes such as stocks, bonds, real estate, or starting a business. The power of compounding can work in your favor over time.

3. Control expenses and live below your means: Avoid excessive spending and focus on living a frugal lifestyle. Differentiate between needs and wants, and prioritize saving and investing over unnecessary expenditures.

4. Increase your earning potential: Invest in your education and skills to enhance your earning potential. Acquire valuable knowledge, develop marketable skills, and pursue opportunities for career growth or entrepreneurship that can significantly boost your income.

5. Be strategic with your career choices: Make informed decisions about your career path. Seek positions and industries that offer high earning potential and align with your skills and interests. Continually seek professional development and aim for promotions or salary increases.

6. Create multiple streams of income: In addition to your primary source of income, explore other avenues to generate additional streams of income. This can include side hustles, part-time jobs, freelance work, or passive income from investments or rental properties.

7. Minimize debt and manage credit wisely: Avoid accumulating excessive debt and be responsible with credit cards and loans. Pay off high-interest debts as quickly as possible and maintain a good credit score, which can help you access favorable financing options if needed.

8. Seek professional advice: Consult with financial advisors or professionals who can provide guidance tailored to your specific financial situation. They can help you develop personalized strategies and provide valuable insights to optimize your wealth-building efforts.

Remember, becoming a millionaire by 30 requires discipline, patience, and a long-term perspective. It's essential to stay committed to your financial goals and adapt your strategies as needed along the way.

Eleven@Holland Bank Sale

Been seeing advertisements about a back sale for Eleven@Holland.

Read an article which reported that all 48 semi-detached houses at Eleven@Holland in District 10, Singapore, were sold in three days. 

Despite the average price tag of $3.7 million per unit, one buyer purchased 10 units at once. The project, which had a 99-year leasehold from 2010, went into liquidation last November. The houses have five bedrooms, five bathrooms, a private lift, and two private parking lots. The average strata area is 3,735 sq ft. The buyer, despite the 30% Additional Buyer's Stamp Duty, believed the purchase was worthwhile.

Alexander Elder: A Respected Trader and Educator Who Empowers Traders Worldwide

Alexander Elder, a prominent trader, author, and educator, has made a significant impact on the trading community through his expertise, insights, and educational contributions. With a background in psychiatry, Elder brings a unique perspective to the world of trading by emphasizing the psychological aspects of trading success. Let's explore the life and teachings of this influential figure in the trading world.

Born in Estonia in 1950, Alexander Elder moved to the United States as a young adult and pursued a career in medicine. He obtained a medical degree and worked as a psychiatrist, which provided him with a deep understanding of human behavior and emotions. Combining his medical background with his interest in financial markets, Elder embarked on a journey to become a successful trader.

Elder's trading approach revolves around the concept of "triple screen trading," which he introduced in his book, "Trading for a Living." This methodology emphasizes the importance of using multiple timeframes to analyze the market, ensuring a comprehensive understanding of the market's trends and dynamics. The triple screen trading approach helps traders make informed decisions by aligning the short-term, intermediate-term, and long-term trends.

Beyond technical analysis, Elder places significant emphasis on the psychological and emotional aspects of trading. He believes that successful trading requires not only a solid understanding of market dynamics but also self-discipline, emotional control, and a proper mindset. Elder's teachings emphasize the need for traders to master their emotions, manage risk effectively, and maintain a disciplined approach to trading.

Elder's contribution to trader education extends beyond his books. He is a highly regarded speaker and educator, conducting seminars and workshops worldwide. His ability to communicate complex trading concepts in a clear and practical manner has earned him a dedicated following among traders seeking to improve their skills and achieve consistent profitability. Through his teachings, Elder empowers traders to develop their own trading systems and find their unique edge in the markets.

One of Elder's notable books, "Come into My Trading Room," delves deeper into the psychological aspects of trading. In the book, he explores the importance of developing a trading plan, managing risk, and maintaining a disciplined approach. Elder provides valuable insights into the mindset required for successful trading, helping traders overcome common psychological pitfalls and biases that can hinder their performance.

Elder's teachings have resonated with traders worldwide, and his contributions have had a lasting impact on the trading community. His emphasis on the psychological aspects of trading has helped countless traders improve their decision-making processes, manage their emotions, and achieve consistent profitability. Through his books, seminars and workshops, Elder continues to inspire and educate traders, providing them with the tools and knowledge needed to navigate the complexities of the financial markets.

Beyond his accomplishments as a trader and educator, Elder is also an advocate for financial literacy and investor education. He believes that by empowering individuals with the necessary knowledge and skills, they can take control of their financial futures and make informed investment decisions.

Alexander Elder's expertise, insights, and dedication to trader education have solidified his place as a respected figure in the trading world. Through his emphasis on the psychological aspects of trading and his practical approach to market analysis, Elder has helped traders worldwide improve their trading skills and achieve their financial goals. His legacy as a trader, author, and educator continues to shape the way traders approach the markets, highlighting the importance of both technical analysis and psychological discipline in achieving long-term trading success.

Understanding the Salary Structure in the U.S. Military

The United States military is an esteemed institution that relies on the dedication and commitment of its service members to safeguard the nation's interests at home and abroad. Beyond the sense of duty and honor that comes with military service, it is essential to consider the financial aspects, particularly the salary structure. This article aims to provide an overview of the salary ranges for different ranks in the U.S. military.

Enlisted Personnel: Enlisted personnel form the backbone of the military and start their careers at various ranks. The salary for enlisted personnel varies depending on rank and years of service. For example, an E-1 (Private, Seamen Recruit, Airman Basic) receives approximately $1,917.63 per month, while an E-9 (Sergeant Major, Master Chief Petty Officer) can earn between $6,055.50 and $9,402.30 per month.

Warrant Officers: Warrant officers hold specialized positions and possess technical expertise in their respective fields. Their salary ranges differ based on rank and experience. A W-1 can earn between $3,399 and $5,873 per month, while a W-4's salary details are not provided.

Officers (Commissioned): Commissioned officers are responsible for leading and managing military units. As they progress in rank, their salaries increase accordingly. An O-1 (Second Lieutenant, Ensign) can earn between $3,286.50 and $4,819.10 per month, while an O-10 (General, Admiral) salary details are not provided.

Factors Affecting Salary: Several factors influence military salaries, including years of service, location, and special pay allowances. Years of service can lead to pay increases through promotions and longevity raises. Geographic location impacts salaries due to variations in the cost of living. Additionally, special pay allowances may be provided for hazardous duty, combat, or certain job assignments.

Benefits and Allowances: In addition to the base salary, members of the U.S. military receive a range of benefits and allowances. These include healthcare coverage, housing allowances, subsistence allowances, retirement plans, and educational assistance programs such as the GI Bill. These benefits add value to the overall compensation package for military personnel.

Conclusion: The U.S. military salary structure is designed to reward service members for their dedication, skills, and years of service. Enlisted personnel, warrant officers, and commissioned officers each have distinct salary ranges that reflect their responsibilities and ranks. It is important to note that these figures are approximate and subject to change based on various factors. Nevertheless, the military provides not only a fulfilling career but also competitive compensation and valuable benefits to those who serve.

Here are some additional details on the salary ranges for different ranks in the U.S. military:

Enlisted personnel:

E-1 (Private, Seamen Recruit, Airman Basic): $1,917.63 per month.

E-2 (Private Second Class, Seaman Apprentice, Airman): $2,149.20 per month.

E-3 (Lance Corporal, Private First Class, Airmen First Class): $2,259.90 - $2,547.60 per month.

E-4 (Specialist, Corporal, Petty Officer Third Class): $2,503.50 - $3,874.80 per month.

E-5 (Sergeant, Petty Officer Second Class): $2,730.30 - $3,874.80 per month.

E-6 (Staff Sergeant, Technical Sergeant): $2,980.50 - $4,616.40 per month.

E-7 (Sergeant First Class, Chief Petty Officer, Gunnery Sergeant): $3,445.80 - $6,193.50 per month.

E-8 (First Sergeant, Senior Master Sergeant, Senior Chief Petty Officer): $4,957.20 - $7,069.80 per month.

E-9 (Sergeant Major, Master Chief Petty Officer): $6,055.50 - $9,402.30 per month.

Warrant Officers:

W-1: $3,399 - $5,873 per month.

W-2: $3,872.10 - $6,462.90 per month.

W-3: $4,376.40 - $7,676.40 per month.

W-4 (Coast Guard only): Salary details not provided.

Officers (commissioned):

O-1 (Second Lieutenant, Ensign): $3,286.50 - $4,819.10 per month.

O-2 (First Lieutenant, Lieutenant Junior Grade): $3,787.80 - $5,655 per month.

O-3 (Captain, Lieutenant): $4,861.80 - $7,340.40 per month.

O-4 (Major, Lieutenant Commander): $5,872.80 - $9,442.80 per month.

O-5 (Lieutenant Colonel, Commander): $6,925.50 - $11,154.30 per month.

O-6 (Colonel, Captain): $8,647.50 - $14,690.80 per month.

O-7 (Brigadier General, Rear Admiral Lower Half): Salary details not provided.

O-8 (Major General, Rear Admiral Upper Half): Salary details not provided.

O-9 (Lieutenant General, Vice Admiral): Salary details not provided.

O-10 (General, Admiral): Salary details not provided.

Disclaimer: The salary figures provided in this article are approximate and based on information available up until September 2021. Actual salaries may vary based on factors such as time of service, location, and special pay allowances. It is advisable to consult the most recent official sources or contact military personnel offices for the latest salary information.

Philip Fisher: A Pioneering Investor and Author Who Transformed Investment Strategies

Philip Fisher, a renowned investor and author, left an indelible mark on the world of finance with his groundbreaking investment philosophy and strategies. Fisher's innovative approach to investing emphasized the importance of long-term investment horizons, thorough company analysis, and the concept of investing in high-quality growth stocks. Let's delve into the life and investment principles of this legendary figure.

Born in 1907, Philip Fisher began his investment career in the 1920s and witnessed firsthand the tumultuous ups and downs of the stock market. He recognized the need for a more disciplined and research-driven approach to investing, which led him to develop his unique investment philosophy.

Fisher's investment philosophy revolved around what he called "scuttlebutt" research. Instead of solely relying on financial statements and quantitative data, Fisher believed in gathering qualitative information by conducting extensive interviews with industry experts, competitors, customers, and suppliers. This approach enabled him to gain valuable insights into a company's management, products, and potential for growth.

Fisher's focus on understanding the qualitative aspects of a company set him apart from many of his contemporaries. He believed that successful investing required a deep understanding of the company's business model, competitive advantage, and long-term growth prospects. Fisher's emphasis on investing in well-managed companies with sustainable competitive advantages laid the foundation for what is now commonly known as "quality investing."

One of Fisher's most notable contributions to the field of investment was his book, "Common Stocks and Uncommon Profits," published in 1958. The book became an instant classic and remains a must-read for investors to this day. In the book, Fisher outlined his investment principles and shared his insights on how to identify exceptional companies with strong growth potential.

Fisher's investment philosophy emphasized the importance of patience and long-term thinking. He advocated for holding onto high-quality stocks that showed strong growth potential and believed that compounding returns over time were key to achieving superior investment results. Fisher's approach stood in contrast to the prevalent short-term speculation and market-timing strategies of his time.

Fisher's investment track record spoke for itself. He achieved remarkable success by investing in companies such as Motorola, Texas Instruments, and The Walt Disney Company, which went on to become some of the most successful and iconic companies of our time. His investments were often characterized by his willingness to hold onto stocks for long periods, allowing them to appreciate in value as the companies continued to grow.

Fisher's principles and investment strategies continue to be highly influential in the world of investing. His emphasis on thorough company analysis, a focus on long-term growth prospects, and the importance of investing in high-quality companies have stood the test of time. Many successful investors and fund managers attribute their investment approaches to the teachings of Philip Fisher.

Philip Fisher's contributions to the field of investing extended far beyond his own successful investment career. His philosophy and insights continue to shape the investment strategies of individuals, professionals, and institutions alike. By emphasizing the importance of in-depth research, long-term thinking, and investing in high-quality companies, Philip Fisher's legacy as a pioneering investor and author remains strong to this day.

Jesse Livermore: The Legendary Trader Who Mastered the Markets

Jesse Livermore, often referred to as the "Boy Plunger" and the "Great Bear of Wall Street," was a legendary trader and one of the most influential figures in the history of financial markets. Livermore's extraordinary ability to navigate the ups and downs of the stock market and his insights into market psychology earned him both immense wealth and profound respect from his peers. Let's delve into the life and trading strategies of this remarkable individual.

Livermore's journey in the financial world began in the early 1900s when he started trading stocks. He quickly gained a reputation for his uncanny ability to anticipate market trends and his exceptional skill in timing his trades. Livermore's success was not merely based on luck but rather on his deep understanding of market dynamics and his ability to interpret price action.

One of Livermore's most famous trades came during the market crash of 1929, where he capitalized on the downward trend and made a significant profit by short-selling stocks. This accomplishment solidified his reputation as a brilliant trader and garnered widespread attention. Livermore's approach to trading was based on careful analysis of market patterns, understanding investor sentiment, and employing sound risk management strategies.

Livermore's trading philosophy revolved around the concept of "reading the tape." He believed that studying the price and volume movements of stocks provided valuable insights into market sentiment and potential future trends. By closely observing the market's behavior, Livermore could identify accumulation and distribution patterns, which helped him make informed trading decisions.

Livermore was known for his discipline and strict adherence to his trading rules. He emphasized the importance of patience, waiting for the right opportunities, and not being swayed by market noise or emotions. He understood the significance of risk management and emphasized the need to cut losses quickly if a trade went against him.

Livermore's trading prowess was not limited to stocks. He successfully traded commodities and currencies, showcasing his versatility and adaptability across different asset classes. His ability to spot trends and capitalize on market inefficiencies allowed him to amass great wealth throughout his career.

Despite his remarkable success, Livermore's life was not without its share of challenges. He experienced significant losses during certain periods, and his personal life was marked by turbulent relationships and personal struggles. Nevertheless, he remained resilient and continued to learn from his experiences, adapting his strategies to changing market conditions.

Livermore's trading career was not only defined by his financial achievements but also by his contributions to the field of trading and investing. He published a book, "Reminiscences of a Stock Operator," which became a classic in the trading community. The book chronicled his experiences and offered valuable insights into market psychology and the art of speculation.

Livermore's legacy continues to inspire traders and investors to this day. His approach to trading, emphasizing the importance of discipline, risk management, and a deep understanding of market dynamics, serves as a timeless reminder of the skills necessary to navigate the complexities of financial markets.

Jesse Livermore's extraordinary talent, relentless pursuit of knowledge, and his ability to adapt to changing market conditions made him one of the most celebrated traders in history. His remarkable achievements and insights continue to shape the way traders and investors approach the markets, solidifying his place as a true legend in the world of finance.

Kang Ju Yuan Zhao 康聚源造 mark

Kang Ju Yuan Zhao Mark: Unraveling the Mystery of a Pottery Maker

I have noticed this mark under one of my porcelain ware. The mark itself, written in Chinese characters as "康聚源造," signifies the origin and production of the piece.

I have seen the mark but have no idea what this mark means. I believe it is late 19th century Qing but cannot confirm. Any one who knows, please comment!