investment and directions - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




investment and directions

Reply
 
Thread Tools
  #1 (permalink)  
Old 04-03-2015, 06:21 AM
Junior Member
 
Join Date: May 2011
Posts: 2
supermic is on a distinguished road
Default investment and directions

Hello, I am 27m, working in an internet marketing company. My salary is 3k monthly. (Low I know )However bonus ( in my opinion) makes my salary competitive as I receive about 21 months bonus.(not 12+9, its 12+ 21) My company reported 100k for my income tax for ya2015.

I am facing 2 situation right now.
1) Considering to enter another industry.
This job is crazily tiringly. As the clients are mostly based on US, I have to be up during US timing to communicate with the clients. The good side about the job is it is flexible during the day time. I can work at home as long as i complete the weekly task/target set by the boss. However, I am not sure if this job has long term security. I dont want to be in a situation 10 years later where what i am learning now is useless in the industry.

2) I got a small sum of money which I like to invest with.
About 180k cash. I have no car, no house. no wife, no kid. Have a gf who has no income. (Dont ask why). If she works, she only can apply for those under 1.5k jobs as she is not highly educated. ( didnt complete sec sch)

I read the forums and found several options:
1) invest in stocks. I have zero knowledge on it.
2) buy a property and rent out. I have almost enough cash to downpay an old condo ranging 800-900k. I spoke to a banker, and they say 50-50% chance I might be approved for the loan.
3) go the safe path into FD as this is not a big amount.

Options please. Thank you very much

Reply With Quote
  #2 (permalink)  
Old 04-03-2015, 08:04 AM
Unregistered
Guest
 
Posts: n/a
Default

Don't buy condo. Buy BTO flat. You said this job is unstable so don't commit a big loan. Buy a cheap BTO flat and pay in full.

Quote:
Originally Posted by supermic View Post
Hello, I am 27m, working in an internet marketing company. My salary is 3k monthly. (Low I know )However bonus ( in my opinion) makes my salary competitive as I receive about 21 months bonus.(not 12+9, its 12+ 21) My company reported 100k for my income tax for ya2015.

I am facing 2 situation right now.
1) Considering to enter another industry.
This job is crazily tiringly. As the clients are mostly based on US, I have to be up during US timing to communicate with the clients. The good side about the job is it is flexible during the day time. I can work at home as long as i complete the weekly task/target set by the boss. However, I am not sure if this job has long term security. I dont want to be in a situation 10 years later where what i am learning now is useless in the industry.

2) I got a small sum of money which I like to invest with.
About 180k cash. I have no car, no house. no wife, no kid. Have a gf who has no income. (Dont ask why). If she works, she only can apply for those under 1.5k jobs as she is not highly educated. ( didnt complete sec sch)

I read the forums and found several options:
1) invest in stocks. I have zero knowledge on it.
2) buy a property and rent out. I have almost enough cash to downpay an old condo ranging 800-900k. I spoke to a banker, and they say 50-50% chance I might be approved for the loan.
3) go the safe path into FD as this is not a big amount.

Options please. Thank you very much


Reply With Quote
  #3 (permalink)  
Old 04-03-2015, 08:58 AM
Junior Member
 
Join Date: May 2011
Posts: 2
supermic is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Don't buy condo. Buy BTO flat. You said this job is unstable so don't commit a big loan. Buy a cheap BTO flat and pay in full.
I cant. Not married. Not engaged. Not planning to at the moment.

Reply With Quote
  #4 (permalink)  
Old 04-03-2015, 09:09 AM
Unregistered
Guest
 
Posts: n/a
Default

don't think the new job will pay out so much bonus.

start investing in your knowledge on investing of stocks. for a start, go long blue-chip stocks and collect the dividends.

condo is like overvalued right now. property is saturated with owners. FD can be considered when you have the leftover cash after buying stocks.
Reply With Quote
  #5 (permalink)  
Old 06-03-2015, 11:10 PM
Unregistered
Guest
 
Posts: n/a
Default Gf

Quote:
Originally Posted by Unregistered View Post
don't think the new job will pay out so much bonus.

start investing in your knowledge on investing of stocks. for a start, go long blue-chip stocks and collect the dividends.

condo is like overvalued right now. property is saturated with owners. FD can be considered when you have the leftover cash after buying stocks.
IMHO, yr gf shd stay gainfully employed. Even aunties with no pri school education or the disabled also can make themselves useful to their family and society. So how did your gf support herself? She is young and has a bright future before her, only if she's willing to work hard and smart. Not having a good education is just an excuse.
Sorry if this hurts you, look around you and dont give up on youself.
Reply With Quote
  #6 (permalink)  
Old 15-03-2015, 06:15 PM
Junior Member
 
Join Date: Mar 2015
Posts: 2
savesmart is on a distinguished road
Default

Hi, please check your PM. I have left you a message there.

Cheers!

Quote:
Originally Posted by supermic View Post
Hello, I am 27m, working in an internet marketing company. My salary is 3k monthly. (Low I know )However bonus ( in my opinion) makes my salary competitive as I receive about 21 months bonus.(not 12+9, its 12+ 21) My company reported 100k for my income tax for ya2015.

I am facing 2 situation right now.
1) Considering to enter another industry.
This job is crazily tiringly. As the clients are mostly based on US, I have to be up during US timing to communicate with the clients. The good side about the job is it is flexible during the day time. I can work at home as long as i complete the weekly task/target set by the boss. However, I am not sure if this job has long term security. I dont want to be in a situation 10 years later where what i am learning now is useless in the industry.

2) I got a small sum of money which I like to invest with.
About 180k cash. I have no car, no house. no wife, no kid. Have a gf who has no income. (Dont ask why). If she works, she only can apply for those under 1.5k jobs as she is not highly educated. ( didnt complete sec sch)

I read the forums and found several options:
1) invest in stocks. I have zero knowledge on it.
2) buy a property and rent out. I have almost enough cash to downpay an old condo ranging 800-900k. I spoke to a banker, and they say 50-50% chance I might be approved for the loan.
3) go the safe path into FD as this is not a big amount.

Options please. Thank you very much
Reply With Quote

  #7 (permalink)  
Old 20-04-2015, 09:02 PM
Junior Member
 
Join Date: Apr 2015
Location: Singapore
Posts: 1
livingbalance is on a distinguished road
Default Create passive income

I am having similar problem, want to make money using my current not-much salary by investment, ultimately reach to financial freedom. I have been searching a lot of training, workshop and forums to feed myself with lots of investment knowledge. Here is what i learnt from my searching journey,

1. Spend wisely not less, when we spend less we lower our quality of life, it gives us an unpleasant energy. Spend on the items that bring values, for example, we should buy branded bags not just for good image, but also a long-term investment that we will not change on regular basis.

2. Investment - find a good broker that she/he can teach you on investment, sometime a green broker is not a bad idea, she/he tends to be pretty helpful as you are one of a few customer, so that you receive more attention.

3. Put ourselves in the circle of like-minded people, in another words wealthy circle, how to find them? WORKSHOP, who are there in the investment workshop? People with investment knowledge and wealth mindset. and we can pick up the on-going trend, keep ourselves updated. I have attended an amazing workshop recently in Singapore, the speaker shares brilliant ideas about his e-commerce business, he made 9M in just a year, i am so inspired by him, and i am so lucky to follow his footprint. I think he runs his workshop on every week in Singapore(Tuesdays is free), just wanted to help people understand how to creating wealth. Bravo


4. Be bold - No pain no gain, but of course, with the right tool and platform, we sometimes got to take risk. When we turn the risk into an opportunity, money then flows in.


Hope it may help you.

All the best.
Reply With Quote
  #8 (permalink)  
Old 21-04-2015, 10:05 PM
Unregistered
Guest
 
Posts: n/a
Default Need Stock equities advice

Hi,

Given that the local stock market is rather bullish this week, is it a good time to dispose all my equities including blue chips that give good dividends? Or should I hold on to those with good dividend payout, sell the weak ones and continue to cost average on buying blue chips?

Thanks for your advice.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Property Investment sunnyoho Market Talk 1 01-03-2019 12:04 AM
Getting started in investment oldmasterq Investments and Net Worth 11 01-10-2018 09:53 AM
Property Investment jason78 Investments and Net Worth 0 30-05-2012 10:51 AM
Wine Investment jacksiew Investments and Net Worth 6 18-05-2012 07:11 AM
Directions to become Singapore Port Pilot Aashish Income and Jobs 1 06-03-2012 02:58 AM

» 30 Recent Threads
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,016 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,807 Replies, 1,045,692 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,325 Replies, 4,985,744 Views
Career as Teacher ( 1 2 3... Last Page)
10,857 Replies, 6,673,109 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,231 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,063 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,735 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,585 Views
Why Is Having a Google Virtual...
1 Replies, 6,800 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,198 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,540 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,907 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,557 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,398 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,710 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 389,122 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,332,015 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,642 Views
Is getting a PMP worth it ?
4 Replies, 7,180 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,748 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,776 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,444 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,918 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,079 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,854 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,325,269 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,978 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,955 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,996 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,519 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:45 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2