{"id":33106,"date":"2024-07-27T04:14:33","date_gmt":"2024-07-27T08:14:33","guid":{"rendered":"http:\/\/tuttopavimenti.com\/?p=33106"},"modified":"2024-07-27T04:14:33","modified_gmt":"2024-07-27T08:14:33","slug":"how-i-came-to-australia-by-boat-and-retired-aged-50-without-a-degree","status":"publish","type":"post","link":"https:\/\/tuttopavimenti.com\/es\/how-i-came-to-australia-by-boat-and-retired-aged-50-without-a-degree\/","title":{"rendered":"How I came to Australia by boat and retired aged 50 without a degree"},"content":{"rendered":"

A financially savvy<\/a> former refugee will retire next year at the age of 50 despite never getting a university degree.<\/p>\n

Tung Nguyen, 49, fled Vietnam by boat to Australia with his mother and father in 1979 when he was just three-years-old.\u00a0<\/p>\n

He now works in Sydney’s inner west as a senior corporate finance manager with Link Group specialising in investments and equities.\u00a0<\/p>\n

His wife, Sylvia, is a project manager and the pair are planning to retire when their daughter finishes high school at the end of next year.<\/p>\n

The secret behind Mr Nguyen’s wealth is how he capitalised on using his self-managed superannuation fund to invest in gold and cryptocurrency.\u00a0<\/p>\n

Tung Nguyen, 49, arrived in Australia from Vietnam at the age of three and has now earned enough money to retire with his wife by the time he turns 50<\/p>\n

The finance guru said he has been investing in gold for as long as he can remember.<\/b><\/p>\n

‘We were on the losing side of the [Vietnam] war and mum got dad out of a prisoner of war camp using gold, so … I understand the value of gold in a crisis,’ he told the\u00a0Australian Financial Review.<\/p>\n

Mr Nguyen’s mother<\/a> had bribed a prison guard in South Vietnam to release his father from the camp before the family were able to flee to Australia.<\/p>\n

His mother has since died and his father remains in Sydney.<\/b><\/p>\n

Mr Nguyen explained he became sick of paying for\u00a0‘average financial advice’ from professionals in 2015, which led him to start investing on his own.<\/p>\n

\u00a0The secret behind Mr Nguyen’s wealth is how he capitalised on using his self-managed superannuation fund to invest in gold and cryptocurrency<\/p>\n

While neither he or his wife have any qualifications in finance, they managed to start filling their self managed super fund with bitcoin and gold investments.<\/p>\n

Cryptocurrency, https:\/\/nhanlambangcap24h.com\/<\/a> specifically bitcoin and etherium, account for around 20 per cent of Mr Nguyen’s wealth.<\/p>\n

Typically gold and cryptocurrency are not ideal for a retirement investment\u00a0because of their volatility but Mr Nguyen is confident that now is the time to buy in.<\/p>\n

He said money printing throughout the pandemic and wars in Ukraine and Israel are destabilising the value of the dollar.\u00a0<\/p>\n

Mr Nguyen plans to spend his retirement travelling with his wife while helping other people learn the tips on how to gain a fortune like he did through writing a book.\u00a0<\/p>\n

He recently started a Facebook group with the goal of advising people how to invest in order to save $1million.<\/p>\n

‘It seems like a good end of a chapter, my wife and I could keep working … and have more money, but we wouldn’t be happier,’ Mr Nguyen said.<\/p>","protected":false},"excerpt":{"rendered":"

A financially savvy former refugee will retire next year at the age of 50 despite never getting a university degree. Tung Nguyen, 49, fled Vietnam by boat to Australia with his mother and father in 1979 when he was just three-years-old.\u00a0 He now works in Sydney’s inner west as a senior corporate finance manager with […]<\/p>","protected":false},"author":19675,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[499],"tags":[4840],"class_list":["post-33106","post","type-post","status-publish","format-standard","hentry","category-blog","tag-high-school"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/posts\/33106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/users\/19675"}],"replies":[{"embeddable":true,"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/comments?post=33106"}],"version-history":[{"count":0,"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/posts\/33106\/revisions"}],"wp:attachment":[{"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/media?parent=33106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/categories?post=33106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tuttopavimenti.com\/es\/wp-json\/wp\/v2\/tags?post=33106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}