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  #521 (permalink)  
Old 21-02-2022, 07:03 PM
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Your example is far too simplistic because nobody earning 300k is going to spend all of it. Btw which bonds which aren't complete junk are going to pay 4% in the current market?
Donít bother with this Uni kid. He thinks he read enough articles on the internet and thiught he has figured out life.

The reality is to reach $300k salary you need to invest a lot as well, especially in banking. Play golf with your boss, cycling on the weekend with the other managing directors and peers. Wine/whiskies and dinners with your team mates etc. you donít necessarily have to suck up your boss, but you have to build network within the company, and the industry.

Spends $36k a year and saves $264k to invest in bonds? Please laÖ This kind of mentality is so naive, thatís why you donít make $300k pa. You donít even bother to invest in yourself.

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  #522 (permalink)  
Old 21-02-2022, 07:39 PM
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Donít bother with this Uni kid. He thinks he read enough articles on the internet and thiught he has figured out life.

The reality is to reach $300k salary you need to invest a lot as well, especially in banking. Play golf with your boss, cycling on the weekend with the other managing directors and peers. Wine/whiskies and dinners with your team mates etc. you donít necessarily have to suck up your boss, but you have to build network within the company, and the industry.

Spends $36k a year and saves $264k to invest in bonds? Please laÖ This kind of mentality is so naive, thatís why you donít make $300k pa. You donít even bother to invest in yourself.
Its ok la...no right or wrong to each its own.

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  #523 (permalink)  
Old 21-02-2022, 09:37 PM
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put in cpf lor hahahhaahahahahaha
1m65???
4m65???


LMAOOOOOOO wo pls ni la!!!!

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  #524 (permalink)  
Old 22-02-2022, 05:10 PM
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For someone working in roles like internal audit/compliance with around 3-4 YOE, is it feasible/worthwhile to try to move to a more quantitative risk management role such as credit / liquidity / market risk?

Not sure if there is a meaningful difference in salary range as well, especially given that these types of risk management roles seem to be much more technical / quantitative (and hence likely harder to land as well). Any general insights on risk management as a career path is much appreciated!
Anyone know this?
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  #525 (permalink)  
Old 22-02-2022, 05:14 PM
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Anyone know this?
Go for it. Pay is at least 10-20% more and hours still very manageable.
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  #526 (permalink)  
Old 22-02-2022, 05:27 PM
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Donít bother with this Uni kid. He thinks he read enough articles on the internet and thiught he has figured out life.

The reality is to reach $300k salary you need to invest a lot as well, especially in banking. Play golf with your boss, cycling on the weekend with the other managing directors and peers. Wine/whiskies and dinners with your team mates etc. you donít necessarily have to suck up your boss, but you have to build network within the company, and the industry.

Spends $36k a year and saves $264k to invest in bonds? Please laÖ This kind of mentality is so naive, thatís why you donít make $300k pa. You donít even bother to invest in yourself.
This makes quite a fair bit of sense. Someone living the caipng 3k lifestyle would likely not even get into upper echelons of management because of ďbeing unable to fit inĒ

Also, many people who are able to get hungry to make more money genuine love/are driven to manage their jobs; a lot of it encompassing managing your team, reporting upwards and handling clients
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  #527 (permalink)  
Old 22-02-2022, 06:11 PM
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May i know for Standard Chartered Bank for tech backend, what is the yearly increment and the bonuses? is it 15% or more?
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  #528 (permalink)  
Old 23-02-2022, 08:30 PM
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s://.efinancialcareers.com/news/2022/02/why-singaporeans-stick-with-local-banks
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