2021 investment strategy cherry tung


If you are someone who wants to build wealth but feels a chill run down your spine at the thought of planning an investment strategy, I’m here for you. You’ve probably heard about your friends, relatives, or colleagues, who gained huge sums of money by investing in the stock market and wondered – Why didn’t I invest too?

Learning about stock market investing can be a daunting task. But before you learn how to invest and dive deeper into investment strategies, you must ask yourself a few questions to better understand your current financial situation.

  1. Where are you NOW?
    • Do you have Debt – Student Loans, Consumer Debt, Mortgage?
    • How much money do you have in your bank account?
    • What is your current net worth?

Answering the above questions is an extremely important step to building an investment strategy geared towards your future goals.

If you need some help tracking your finances. I highly recommend a very simple app called Personal Capital. Which is available on desktop and mobile and will help you keep track of your net worth.

You can view my YouTube video. Where I’ve shared some visuals of my net worth that Personal Capital offers, which I’ve also often posted on my IG as well.

  1. What is your Goal?

We all have different goals and the kind of lifestyle we want to pursue. For this reason, it is important to have a clear understanding and vision of what you wish to accomplish with all the wealth you intend to accumulate.

The reason for doing this is because there are different types of investment strategies and each investment strategy will yield different results. If these investment strategies are not aligned with your future goals, you may end up making a mistake.

Here’s an example:

Let’s say you are 30 years old today, and you want to work only for another 10 more years. After which you want to retire from your corporate career and pursue your lost passion for music.

How much money will you need to invest during this decade to ensure you have enough passive income generated that can allow you to pursue music?

What investment strategies will you use to grow your wealth?

Did you leave any wiggle room or set up an emergency fund?

Ask yourself these questions and let me know what your goals are in the comment section below.

If you want to learn how much wiggle room you must have and how much is considered enough for an emergency fund, watch my YouTube video here.


I know you’re excited to just dive deeper and learn everything you can about different investing strategies, and now that you’ve answered all those critical questions, let’s get started.

Step 1: Track Your Budget

Boring and the least exciting part, but you will need to track your personal finances if you want to build and grow your wealth.

Fret not, because I’ve got you covered with the free budget template that I’ve personally used.

Step 2: Pay off Consumer Debt

Before you can even begin dreaming about the outstanding gains from investing in the stock market, you need to start paying off consumer debt. This debt is like having holes in your pocket, and no matter how much money you put inside your pocket, this debt will eat away all that money through the holes in your pocket.

High-interest debt can be a huge roadblock in your journey to financial freedom and prevent you from investing and growing your wealth.

Step 3: Set Up an Emergency Fund

Life is unpredictable, and the coronavirus pandemic has taught us an important lesson that we need to be prepared for uncertainties.

Set aside six months of expenses as your emergency fund in case of medical emergencies, job losses, or an unexpected event.

Step 4: Invest Regularly, Consistently

What is the maximum amount you can invest in the market every year?
Should I invest it all right away?

If anyone tells you that they can time the market, they’re lying to you. The key to successful investing isn’t investing at the right time, but investing regularly and consistently.

If you want to learn about my personal investing strategy, watch my YouTube here.

Step 5: Consult a Professional

If all of this is overwhelming and you’d rather let an expert assist you. I’d love to be a part of your journey to wealth building.

I will work with you and set up a SMART (Smart, Measurable, Attainable, Result Oriented, Timely) plan to develop an investing strategy that is aligned with your goals.

Here’s my Free Roadmap to livin

Let me know if you found this post helpful. And if you haven’t already, make sure you check out my other contents where I share my TIPS and SECRETS to RETIRE EARLY and achieve FINANCIAL FREEDOM!

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