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How is life as a doctor in Singapore?

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  #5071 (permalink)  
Old 06-04-2023, 07:11 PM
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Retire in JB?
What does your hubby do? Finance?
Med specialist?
He has First Class Honours in Electrical Engineering and underemployed. In forced retirement now. Last worked as Vice President in an Indian SME.

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  #5072 (permalink)  
Old 06-04-2023, 07:14 PM
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Buy 2 landed?
His brother who works in Bank of America bought 2 landed but sold one already. Now has a nice corner terrace big enough to host CNY reunion yearly with a pool for his very large family with 6 siblings. I have multiple nieces and nephews and already a granaunt at age 45 years old. LOL.

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  #5073 (permalink)  
Old 06-04-2023, 07:19 PM
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I thought SMC doesn't allow Drs to do health screening fulltime? Am confused as I still see some Drs doing it FT. How do they get around SMC?
Where did u get this information from

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  #5074 (permalink)  
Old 06-04-2023, 07:19 PM
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How much is landed these days?
3.5m net worth of which how much is the landed
You live on?
Thats the problem in sg. A lot of the net worth is stuck
In where you live.
So on paper sounds good. High net worth.
In reality less free cash/liquid assets.
And why obsession with landed?
You got maid to clean house etc?
When I am old I dont want to be mowing lawn and cleaning
Big house anymore.
No such thing as cheap maids from 3rd world countries
Where I live now.
My freehold terrace was bought at S$1.1 mil in 2010, shot up to S$1.8 mil in 2013, then dropped and rose again to S$1.8 mil in 2018 when we sold. Now is worth S$3 mil. Sob, really shouldn't have sold.

In Sg, property bought at a right time is the best investment.
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  #5075 (permalink)  
Old 06-04-2023, 07:20 PM
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Where did u get this information from
I think I read it in SMC website before.
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  #5076 (permalink)  
Old 06-04-2023, 07:21 PM
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I think I read it in SMC website before.
Care to show link? I am not aware of that, many drs are full time health screeners
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  #5077 (permalink)  
Old 06-04-2023, 07:25 PM
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If we had just stayed in our marital home which is an executive condo that is leasehold, our networth wouldn't be S$3.5 mil now but S$2.5 mil. So it is important to grow yr assets as u age. Invest in freehold or new leasehold private condo and freehold or 999 year landed in Sg. Won't go wrong unless u buy at a peak.
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  #5078 (permalink)  
Old 06-04-2023, 07:26 PM
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Care to show link? I am not aware of that, many drs are full time health screeners
Was sometime ago. Maybe I am mistaken then. That is good news for me. Shall aim to be a fulltime healthscreener then once full reg. Much safer.
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  #5079 (permalink)  
Old 06-04-2023, 07:26 PM
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My freehold terrace was bought at S$1.1 mil in 2010, shot up to S$1.8 mil in 2013, then dropped and rose again to S$1.8 mil in 2018 when we sold. Now is worth S$3 mil. Sob, really shouldn't have sold.

In Sg, property bought at a right time is the best investment.
Actually it's called never sell. LOL
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  #5080 (permalink)  
Old 06-04-2023, 07:28 PM
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His brother who works in Bank of America bought 2 landed but sold one already. Now has a nice corner terrace big enough to host CNY reunion yearly with a pool for his very large family with 6 siblings. I have multiple nieces and nephews and already a granaunt at age 45 years old. LOL.
Bankers still the richest.
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