Envious! Started Working at 18, Built a Fortune of NT$13.9 Million! He Announces Resignation at 33
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- A 33-year-old YouTuber, known as 'Ah Kai Stocks', announced his resignation after accumulating a net worth of NT$13.92 million.
- He achieved financial independence through long-term investment in ETFs and financial stocks since starting work at 18.
- His passive income from dividends now covers his living expenses, allowing him to prioritize life over work.
A 33-year-old YouTuber, "Ah Kai Stocks," has announced his resignation from his job, citing financial independence achieved through diligent long-term investing. Since beginning his career at 18, Ah Kai has accumulated a net worth of NT$13.92 million by strategically investing in Exchange Traded Funds (ETFs) and financial stocks.
In a post on Dcard, Ah Kai shared that his monthly passive income has reached NT$70,000, enabling him to leave his job. He acknowledged that while he wasn't in a high-paying industry, his achievement felt remarkable. After graduating from vocational high school, he worked in plastic injection molding for three years before taking on a 12-year tenure at his second job.
Ah Kai explained his decision to resign was simple: he no longer wanted to "burn his life" doing something he disliked. Recent news about the sudden passing of some celebrities deeply impacted him, reinforcing his belief that life shouldn't be solely about chasing money. He stressed that financial independence means different things to different people, but for him, it's about having enough to live the life he desires.
With his current dividend income, Ah Kai's living expenses are fully covered. He anticipates receiving approximately NT$200,000 in dividends from 200 shares of 00919 ETF next month, along with NT$40,000 from E.SUN Financial Holding Co. This NT$240,000 influx will serve as a six-month emergency fund. While some advocate for market-cap weighted ETFs over high-dividend ones, Ah Kai values the "tangible cash flow" from high-dividend stocks for the sense of security it provides as he embarks on a less conventional life path. He also noted that without the commitments of marriage or children, his basic expenses, including car ownership, insurance, and self-media union fees, are comfortably covered by his dividend income. His immediate plan is to rest and enjoy life, reclaiming control of his time, which he considers the most luxurious form of wealth.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.