Join the early-bird list for my 12-month Side Hustle RU-vid Mastery. BTW, Kelvin is currently enrolled in this program! max-chernov.mykajabi.com/opt-in
one thing that really make me love your channel is that it showcased the fact that people from different backgrounds and perspectives come together into this tiny red dot, and yet there are not much social disharmony. that's what really make this place special
Nice; Kelvin’s here. As a fellow migrant from several other countries that turned local, Kelvin’s points from a non-expat is refreshing. Good job Max for having more subjects that aren’t the usual corporate sponsored expats. Not that there’s anything wrong with those guests but stories from those who eventually became local (even non citizens) particular those like us who came from Asia arent told often enough.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
Its unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $87k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@TomD226 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Firms can be unscrupulous as they prioritise their own commission over your profitability. On the other hand, I prefer working with individual investors like Vivian Carol Gioia, who only take a share from your profits, not your initial capital. I must say, my experience with her has been exceptional thus far.
@@TomD226 Thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!
Ah kelvin. One of those good finance related youtuber that are not out to scam. Love his personality and humility even if not agreeing with him on everything
that is the best video in this chanel, interviewing a singaporean to give his views/opinions, i got more indepth senses of the locals mentality, ways of thinking or doing things ; more insightful than foreign expats even for those who have stayed in sg for long time.
Kelvin’s hair was black in the beginning and greying rapidly now. Singapore lifestyle is truly stressful, or there were too much money at stake now to let go if he doesn’t work harder.
nice of you to interview Kelvin. he enlightens many of us on finance matters. do interview Jean too. she has good insights to retiring early. i am a subscriber of both of them.
very refreshing interview. very honest and spoke from the heart. Singapore, regardless of its imperfections, is really a wonderful place to live. Those who criticize it are (mostly) armchair critics who have never lived here, nor understand its past and the tremendous progress it has made. By this I mean uplifting its people from poverty. Most are NOT millionaires but they have very comfortable lives. Also the typical Singaporean is generally humble and very low-key. they do not flaunt their wealth. Even if you EXCLUDE the value of their homes, about 10% are US dollar millionaires. But you won,t be able to tell walking the streets.
correct. still a heart of malaysia. since u converted as new citizen and still refering singaporeans as they. KNS! When i hear from this video become disrespect him already. Before i respect him now become disrespect.
Brother Kelvin's humility belies his very good understanding of using money efficiently! Malaysia lost a Good Citizen while Singapore gained a Good Talented & Warm Citizen! 😊🙏🌷🌿🌍💜🕊🇲🇾🇸🇬
I don't see anything wrong with him suggesting that. He became a Singaporean because he appreciates a lot of aspects of being one. For people who keep complaining about the high cost of living and how lousy our government is and don't know how to be thankful , they can always seek greener pastures elsewhere.
It's easier for a Chinese to get citizenship in Singapore than a Malay. My husband was born in Malaysia, but family moved to Singapore, before the Merdeka. When Singapore separated from Malaysia, he was never given any citizenship. He came back to complete his studies and then furthering in the US. He worked in Petronas and never regretted leaving Singapore. His parents and some siblings died in Singapore. I don't know what you call these...
LOL... everything in Singapore built by British. Sure. We did have that benefit, so does Malaysia. So, what happened in Malaysia after? I mean, really. Don't make broad statement on a subject you may not know enough about.
😅😊YEs agree , I think by saying Everything in Singapore build by British and commenting Singapore is just a place for immigrants / everything is built by LKY ( Singaporean have little to no contributions ) Not very proper . He is a Malaysian . He come to Singapore to start a family , he benefit from this. But he should ALSO always remember to respect that Singapore have locals born people who sacrifice and followed LKY policy to serve the compulsory national service + 10 years reservist and older Singaporean who work hard in following LKY policy from building of 1st HDB to now . likewise Malaysia also same story , does he thinks Malaysian are immigrants only. 😂i think Malaysian will be very angry if a random Singaporean goes there start a family and business / buying 1mil below property and later comment that , ( Malaysia is an immigrant country , people are descendants from Fujian and Guangdong mostly and its built by the prime minister and not the people .. stuff like that ) So i feel he is quite arrogant , because to be honest . he is able to do come to Singapore to start a family / getting CPF / buying subsidies housing is all just because of welcoming government policy . So he should be grateful instead , especially when he is holding a CPF account in singapore.
I can see this dude is not sensitive to the feelings of Singaporean and has total disregard for the Singapore government. Not a person with EQ and definitely not a humble person as some suggested..
As I know, MALAYSIAN can renew road tax back then in 2017. Our driving license from 2020 can be renewed online. Car Insurance also can renew online since before Covid.. I never line up on JPJ or any Pos Office to renew my road tax and license.
I can retire in SG for $500sgd a month, live a relax life, do taichi daily. No need posh restuarants. That's why I go fancier places which still working. But if couple need to use up their cpf monthly to pay loans then they will have insufficient savings for retirement. 1 reason why old pple still work as guards, cleaners is bcos when they were younger, their salary scale were much lower therefore insufficient to retire
I feel you have to compare,like city with city,... In KL, driving license can be done within 5 minutes in the POS office and passport application now online. Of course Malaysia as a whole is not as tech savvy as Singapore but we are catching up. Ipoh is of course... More uloo than KL.😊 😊
@@Sminskydriving license can be done in 5 min in post offices for decades already. i renewed my passport online back in 2016 he just justified his bias. things are much more efficient than a typical malaysian cityboy chinese perception
Sg workers known for being 1 of the most unhappy and overworked but everyone still flocking in. Btw no owning of HDB flat. We lease from the Govt for 99yrs.
Most migrants will work long hours. I used to work 16 hour days (double shift) when I first migrated from Singapore to where I am now. Keep at it Kelvin, you will enjoy the lifestyle in the future with multi digit income, but try to buy your own home.
Wonder if Kelvin has travelled far enuff to make good comparisons (actually am his fan following him 😳)? Reading widely may not equate to seeing things comprehensively … & YUP Max could consider interviewing Torres Pit (that chap is good in interviewing others haha so do consider putting him on the opposite end of the spectrum 🤭)
So Kelvin is from Malaysia. Now I know why Kelvin speaks like a 50years old military "encik" hahaha. But well said about the Options, everyone can look back to the options they have before they complain about the cost of living. (On a side note, just want to challenge him that Malaysians don't have the option of Michelin-graded food 😜)
2 days to renew driving license in msia is unheard of. Not even 30 years ago. I just go to nearest post office and my license is ready in 15 minutes. This guy is bluffing.
Let me add a balanced perspective. He went to JPJ and if you’re not early they’ll tell you the queue quota has run out so you come back the next day. I saw this in JPJ and JPN too where they didn’t want to give me a queue number as it was 20mins to lunch time but I stood my ground and they gave in
ofc la he's Chinese. When have they ever talk good about Malaysia or any country they lived in? Chinese diaspora from all over the world hates their host country except countries ran by their own people. They are not called "Jews of the East" for nothing. Go and ask American, Australian, British chinese what they think of their countries, they always have bad things to say about it.
Kelvin makes lots $$, but what does Kelvin do with the money ? Would Kelvin make more Babies to contribute to the future of Singapore ? Is the Media Here promoting mono-dimensional aspect of only money equates success ?
What talent does this person bring to Singapore? Another peon to serve the rentier economy. If I have to work a pointless, parasitic job in finance, I would be depressed.
Awesome 👍🏻👍🏻👍🏻😎😎😎!!! Keep up the great works 💪🏻💪🏻💪🏻👍🏻👍🏻👍🏻!!! Really worth my time ❤🔥❤🔥❤🔥❤🔥❤🔥❤🔥 !!! Very very very very very gorgeous 🥰🥰🥰😘😘😘!!! You are the most gorgeous soul ❤💛💚💜💖💓 in the whole universe ❤💛💚💜💖💓!!! Love you very very very very very much ❤💛💚💜💖💓 always ❤💛💚💜💖💓 and forever ❤💛💚💜💖💓 !!! I hope that you will have a wonderful life forever and ever ❤💛💚💜❤🔥💕!!!!!! Your #1 Fan forever and ever & love always, ZL ❤💛💚💜💖💓
His works and RU-vid financial contents are suitable for planting the roots here. When getting older, he can just moved back Malaysia and retire as many singaporean are also doing… He’s also acute to know that NS thing which many locals are unhappy since decades ago. But why care when the Govt is turning a blind eye on it 😜
Well, there would be probably much less complains if the government actually recognize that it is an issue and focus on providing real help to the people they have disadvantaged for the sake of the country.
Work work and work until you die!! Then what life do you have?? Lucky that I moved out from Singapore some years ago. The most interesting bit what he said was that the government sees the new born baby as a new worker!! That's sick. No work ethics, no work-life balance, just making people work like slaves. Can't imagine a place like that.
Don't believe everything he say he isn't a guru. Hear him with a pin of salt. If anything he should learn in life is to be grateful. That's my opinion.
Dude he is one of the rare one who didn't position himself as a guru ... at least I never hear him say that in the few video I saw. So I call bullshit on you unless you can show us where he actually tpclaim to be a guru. His channel literally tells everyone that he is showing his learning journey on the related to finance. I don't agree with everything he says about finance but a false accusation is never warranted
@@Jinkypigs I let the people decide on my opinion, you obviously don't know much about him either, your bullshit sounded more like the pot calling the kettle black. Shameless in my opinion.
Something doesn’t add-up ….. how come Kelvin only pay few thousands taxes when he was grossing over SG$5-6K (after conversion to SGD) per month previously in Malaysia? 🤔
Of course mah . Singapore is a majority Chinese state so it's easy for the government to issue him Singapore citizens status. Like some Malays of Singapore renounce Singapore citizenship for Malaysia. But as a minority Singaporean here, I will never renounce my Singaporean Citizenship. I beg the government to stop taking Chinese Malaysians, Indonesians and China here anymore. Too many of these cb faces here already
Kelvin before mid 80s there’s no such thing as Bak ku Teh and hainanese Chicken rice existed in Malaysia. Today it existed is because the Malaysian starts working here In literally almost every trade and that includes F&B especially which are over whelm by the Malaysian… after working here all you lads have learnt you country man brought it back to Malaysia and miraculously it suddenly became Malaysian food that included the brown Kaya (green one was originally from malacca the peranakan community) . Personally if Malaysian or Singapore food taste better or not it’s individual preferences but I personally prefer the more authentic and healthier Singapore food which are lesser in MSG and not all in dark soya sauce . Since you already migrated here , I expect you learn and understand better the history of this great nation.
What utter rubbish. Bak kut teh and kaya has been around in malaya far longer than it ever was in Singapore. The first wave of chinese migrants that invented bak kut teh landed in mainland malaya not Singapore
seriously else then hainanese chicken rice i cannot think of one other dish that taste better then Malaysia food. But the good food in Malaysia are very scattered and far from each other while in Singapore is is pretty near. We also have more variety of choices. I will still travel far north in Msia to eat the fresh river fish and prawn that i can't find in Singapore.
@@xxxcool2565 see …. This shows you Malusian’s pride and mentality are pure ice jelly .. if you want to win Singapore show your gutsy and creative NOT again stealing our ideas and innovation. Stop arguing as my family are walking history and dictionary of Singapore and Malaysian cuisine as we F&B are part of our business since 1933 . BAK KU TEH already existed here long before my great grandpa found his company except in a simplified version. Go back & get your mom and papa to educate you on history on both nations cuisine’s revolutionary route, u tiny little muppet
@@redcoffeemug7275 good food in Malaysia🤣🤣🤣🤣…. yea in some way but it’s “good” are determined by its cheap pricing . Try pricing our range & sees if some still think Malaysia food are still good or bad . Either way it’s your choice and affect me little , as i still prefer fleshy prepared authentic food with less MSG and cooked everything in Dark sauce or plenty of chili and later on dying of thirst felt . Good luck to you and
It's fine to be proud of your own nation food but please don't make false accusation about other countries' food. Bak kut teh has been around Malaysia for the longest time and it started in Klang. The peppery soup of Singapore's version is not known as BKT in malaysia so there is no dispute. And btw, the Kaya is green due to the infused Pandan leaves flavour, brown has always been available as the original flavour, jeez...
I wouldn't be working 12 hours per day. What is the point of burning out? I am very happy in Scotland, UK. There is literally nothing other than work in Singapore. No holistic approach to life. And people's working till they die there. It is just a modern day slavery with people imprisoned in a tiny Island for the rest of their lives. At the end of the day, what are you going to take with you when you die? Nothing!!
Fujian Chinese man from Malaysia migrated to another Malay island , just a hop across the causeway, no difference lah …Malaysia is a bhumiputra apartheid state , Singapoora is a Chinese apartheid state
I have met quite many Singaporeans through the years, it’s incredible how wealthcrazy theses people were, worked god knows how much to make it to the top. Seemed as if life is all about money, so true to their chinese ancestors. Anyway, it is a overadvertised country.
I don’t understand the mentality of sgreans being critical about people changing their nationality to sgreans. A professor once said (sic), “it doesn’t matter where u r born, but where u can make a living, settle down and contribute to society.”
Well, for this minority of singaporeans think it is unjust for the majority of the population who did no NS and reservist liability to receive the same benefits like them who had to make sacrifice. For the competitive society like Singapore, they see this NS/reservist liability as a disadvantage to their life and career.
Kelvin feels good staying in a modern city State here, he is more happy now after becoming a Singaorean. Earned plenty of S$$ not MRM, he is a 'traitor' in his own way.😁😁 He should stop passing Malaysia national secret to foreigners in Singapore immediately.
SG work policy is based on the fundamental that everyone must earn their money to support themself / self sustenance being gainfully employed and have savings. The Chinese says, 有做有的吃。Literally if u work u can have food to eat.
I enjoyed Torres Pit RU-vid channel as he globes around the world with his amusing joyous manners in interviewing local peeps. He is unpretentious as well. 😊
@@calphak7389 financial type youtuber tend to get more sponsorship, affiliates, monetize compared to comedy / daily life content. btw, idk that hongkong guy content, juz stating the obvious point
Kelvin is very pragmatic about life in Singapore. What's the point of complaining? Do something about it. Think beyond the frowns and eye rolling while still appreciate some things in the Singapore life. There are still things to be grateful for and take advantage of. I've watched some of his videos on investment, looks food. Passive income is definitely one of the ways to survive and strife in Singapore. I have since geared towards that direction. Hope to retire in a few years' time.
My advice for young working adults. 1st highest Priority is to Start to "Invest" into the Guarantee & high interest rates (4%) CPF SA once you start working. To have a million in your CPF (SA+RA) at age 65. Time is the critical factor. Start early as young as possible & be Patience & have faith in our CPF system. The next highest priority is to be very focus to make use of your "BIRTH RIGHT" to buy your 1st heavily subsidize govt BTO or Resale HDB (HDB grant) or EC condo if possible, between age 30-40. Follow this formula. You will be fine to retire with ease at age 65. The next priority - Buy Insurance for protection. In the event of an emergency such as an illness or accident, you will lose your hard-earned money overnight & fall into poverty. Your retirement years of planning will be derailed. Lastly, health is wealth. Exercise regularly
Singapore is a great place for work opportunities, while Malaysia is great for living. If you love efficiency, Singapore will be nice. But if you prefer slower place of life, Malaysia may be a good consideration.
Ya right! Malaysia offers a third world salary but the cost of living now is the first world. It is no longer cheap and affords not only to local but to expat. And you know why the causeway is always jammed on both sides? Because Malaysia knows they get more value shopping and eating in Singapore than in JB and most importantly is a safe place for families with children and handicaps. Just so you know..
@@obeydaud2059 yeah that true. Otherwise why is there a jam every weekend on both sides. you think they use peanut oil to cook for you? 🤣🤣🤣 How about plastic for. Considering the fact that there is no health authority to monitor the quality there. If you add all that up. Plus the cost of living in Malaysia has gone up so much, even locals also find it very expensive to eat out now. Those who can afford it would rather come to singapore. In terms of quality, service and safety also. Even foodcourt in Singapore is better than those in jb plus affordable. Add all that up. Perhaps you will understand why Malaysians rather spend their weekends here than in JB.
Kelvin is good, and many of his videos are quite informative. I suspect when he converted to be a Singaporean, it was also the time he made 15K a month. So, i am not sure if he really made a good move. But, if it is for his children, then of course it is a different story.
Many Singaporeans lack perspective. Like what Kelvin said, an iPhone can cost a Malaysian 1-3 months salary compared to a Singaporean which might cost half a month's. Singapore is expensive? We still have $3-$5 caifan for fresh uni grads making SGD3.5k. Malaysian fresh uni grads making RM3k now are facing RM9 caifan. Of course we go to Malaysia and see wow, everything is so cheap, because of the strong SGD. And like he said, because of the strong SGD, you have many options. A lot of Singaporeans are living in JB/Batam and even making the daily commute to work in SG, but are you willing to live with the inconveniences, not just with the commute, but with the bureaucracy in other countries?
Different people will have different perspectives. And take what Kelvin said about passport and driver's license renewal with a grain of salt. Passport and driving license can be renewed online in Malaysia unlike what he said. How about buying a condo or landed bungalow. A single person in Malaysia can buy a condo anytime for a few hundred k. Condo in Singapore is expensive. If you are single and want a cheaper HDB, got to wait till you are 35 years old. Let's not even talk about buying a freehold bungalow or even a freehold terrace house. If you want to rent instead of buying you can rent an entire condo or an entire house thousands less than in Singapore. That is thousands less every month. Options in Malaysia also wider. If you prefer a slower pace of life, you can opt to live in more laid back places where costs are lower. Have a piece of land and grow your own food. If you live in KL, you salary won't be 1:1 with SG. From what I understand it will typically be higher. Malaysians can buy cars for less. And with this comes freedom. You can drive to nearby waterfalls and take a dip in cold crystalline waters anytime you like. You can drive 45-60 minutes and be in misty mountains or golden paddy fields as far as they eye can see. This accessibility to nature is priceless. 5:24 5:26 5:26 5:27
As a native Singaporean myself I find life here rather comfortable and affordable, yes the inflation do rises to many a unbelievable level but forget not , many Singaporeans like myself I admit my wages do increase tremendously.
@@weilianlee9090that is not entirely true. While there are cheaper condo in Malaysia for a few hundred k, you will not even consider living in those areas as it is just not safe nor desirable. Most Singaporeans take it for granted that most areas in Singapore is safe and liveable with all the amenities but it is just not true in other countries like Malaysia. And don't get me started about driving. The one thing Singaporeans obsses about is a bane for most people in other parts of the world. Because Singapore is car lite, you don't see 2-3 hours traffic jam which is pretty common in cities like KL, Jakarta or Bangkok. Had you have to put up with jams lasting 2-3 hours everyday one way, believe me you would not think the same about owning a car anymore
@@xxxcool2565 Condos costing a few hundred k are everywhere. Including in livable areas. 2-3 hours jam are not common in KL. In fact, they are extremely rare. Some people may experience them but definitely not for the majority. I do own a car and it is massively convenient and affords tremendous freedom. There are traffic jams in SG that can be really bad too with the cars barely moving or moving very slowly. I have been caught in them before.
Most importantly, you need to exercise and take good care of your health. Without good health, money is worthless. You need to change your mindset and make your health as priority, before its too late.
