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How much are you earning per annum?

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  #12001 (permalink)  
Old 23-09-2020, 02:42 PM
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Originally Posted by Unregistered View Post
0 capital how you buy submariner
I cant work and save at the same time? Lol alot of sorelosers and sourgrapes here also. If u know history of valuemax founder, he started with nothing too. Dont be too quick to judge someone based on your own assumptions. Sell backside now also can earn millions. Peasant mindset dont do any good.

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  #12002 (permalink)  
Old 24-09-2020, 02:55 AM
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Originally Posted by Roadsweeper View Post
118k all in doing program mgmt in big tech, 29 Male this year (3 year exp).

Went Poly + 4yr Uni. Local grad (Info Sys), average performer - some big projects but never a deans lister. Joined consulting out of uni. Salaries are all-in, including bonuses.

Year 1: 55k
Year 2 (promotion): 89k
Year 3 (jumped to current firm): 118k

currently contemplating a move back into consulting but higher tier (mbb)
How is it possible to join consulting without having at least local uni FCH? Average performers will never make it tbh.

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  #12003 (permalink)  
Old 24-09-2020, 11:26 AM
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How is it possible to join consulting without having at least local uni FCH? Average performers will never make it tbh.
Tata consulting is also consulting

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  #12004 (permalink)  
Old 25-09-2020, 11:58 AM
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Originally Posted by charmproperties View Post
Hi, I am a Real Estate Professional. My earning varies. Last Year, without COVID, I earned S$200,000.00 per annum. Very exciting doing new condo launch such as [email protected] [s://kopar-prime-condo.com[/

This year, todate, my earning is $50,000 due to COVID. But I believe with the launch of a 999 yrs leasehold condo Ki Residences at Brookevale [s://kiresidences-official.sg[/ and 99 yrs condo Clavon at Clementi [s://clavon-condo-official.sg[/ , my earning will be better.

This is the salary of a Real Estate Professional. Maybe cannot match with some of you guys here in this forum. Im willing to share more at 6522 7993. Good day.
50K till date already very good given many people are jobless now.
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  #12005 (permalink)  
Old 25-09-2020, 04:45 PM
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Male
27 (2.5 years exp)
58k per year
Tech Consulting
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  #12006 (permalink)  
Old 25-09-2020, 07:41 PM
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Default Software Engineer

Software Engineer at one of big tech in Singapore

TC: 175k (Base + Bonus + Stock)

4 yoe.


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  #12007 (permalink)  
Old 27-09-2020, 02:51 PM
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Originally Posted by Unregistered View Post
Software Engineer at one of big tech in Singapore

TC: 175k (Base + Bonus + Stock)

4 yoe.
may i know what's ur base?

how do you calculate stock if it's still not yet vested?

i'm on private company, so really not sure how to get my TC calculation
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  #12008 (permalink)  
Old 27-09-2020, 04:04 PM
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Banking intern at a bank: $1,000

sad rite
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  #12009 (permalink)  
Old 27-09-2020, 05:11 PM
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Originally Posted by deon View Post
may i know what's ur base?

how do you calculate stock if it's still not yet vested?

i'm on private company, so really not sure how to get my TC calculation
I only include vested stock on that year otherwise I will have 300k+ in total.

Tell me your number first. TC is base salary + bonus + vested stock on that year
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  #12010 (permalink)  
Old 29-09-2020, 09:04 AM
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Not completely unrelated, but I just hope it’s not too far off track ...

Stating my background just to be in line with the topic:
I’m 33. Started working in 2012. Finance, but my grades (local U) were below average and hence did not qualify for any Management Associate or IB routes.
Started at S$40k pa and now around S$110k pa after 8.5 years of working exp. My savings barely top S$150k even though I lead a modest lifestyle and don’t own a car.

I wonder if people nowadays, especially my generation, find and feel that money has gotten a lot harder to make?
For people born 10 years older than me, they had the good old days of being able to buy multiple properties with 5% cash, flipping them several times and making bundles in the process.
Not to mention the good old days of the stock market.... these days, our local SGX is so dead. Most people who subscribed to the “buy & hold” mentality are still hoping to break even. Even the likes of “blue chips” like SembCorp, SPH, Guocoland, Keppel, etc etc are hardly yielding any profit these days. ETFs or Unit Trusts, despite the Global exposure, don’t do much better.

Scrolling back to the older posts, I see many of them who, despite modest or slightly-above-average salaries, managed to amass a decent amount of wealth by the time they were in their mid or late 30s. They could very well be troll posts, but it’s certainly worth having something to aim or work for (without sacrificing health and family).

Could anyone share their thoughts if they feel the same way too, or am I just being pessimistic?
Thanks in advance.
*I swear the figures are 100% truthful.
You speak as if last time flip properties so easy.
Hindsight is 20/20 dude. Even if you were working at that time, you dare to flip? What if property market crash? What if you lost your job? Its like now asking you to leverage up and put all your savings into FAANG stocks with the view to double or triple your money. You dare? Say is easy coz you had hindsight. Do is a different story
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