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How much are you earning per annum?

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  #12101 (permalink)  
Old 30-11-2020, 10:43 AM
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i am in IT (public sector) while my wife is in Finance (private sector), both of us are typical office white collar. =)
So low. I'm also in IT public sector. Single. 32
Already earning 800k per annum.

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  #12102 (permalink)  
Old 30-11-2020, 11:00 AM
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staying in a 3 bedder

renting 2 1 bedder out with 1.7k (bought at 580k) and 2k (bought at 700k) rental each. property tax is 1.2k and 1.5k. MA fee is 220 each.
another 1 bedder (650k) under construction

all freehold
Condo fees paid by the tenant or landlord?

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  #12103 (permalink)  
Old 30-11-2020, 12:58 PM
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Condo fees paid by the tenant or landlord?
landlord. spservices by tenant

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  #12104 (permalink)  
Old 30-11-2020, 01:15 PM
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Male
27 (2.5 years exp)
58k per year
Tech Consulting
i earn ard the same as u
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  #12105 (permalink)  
Old 30-11-2020, 02:25 PM
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landlord. spservices by tenant
Isn't your cashflow negative then?
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  #12106 (permalink)  
Old 30-11-2020, 04:28 PM
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Male
23 fresh grad (No NS)
70k per year
software engineer
single
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  #12107 (permalink)  
Old 30-11-2020, 05:42 PM
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Isn't your cashflow negative then?
negative? oh.. for now still ok because the other one still under development, no need for any monthly repayment. the rental i receive every month + my cpf can cover the balance mortgage loan for my 3 bedder.

counted also, the amount in my cpf special account alone will also hit more than the minimum cpf amount (at least double) by the time i reach 55.

and long term wise i will have 4 freehold property for my retirement and my kid so stil ok.

of cose, these are assuming i dont go jobless along the way. contingency will be just sold off my 2 fully paid property and the one under development.
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  #12108 (permalink)  
Old 30-11-2020, 06:00 PM
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Seriously y'all very rich.

33, stat board, 52k pa. no investment, no hdb, no car.

i feel like a cockroach
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  #12109 (permalink)  
Old 30-11-2020, 10:33 PM
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So low. I'm also in IT public sector. Single. 32
Already earning 800k per annum.
i earn ard the same as u
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  #12110 (permalink)  
Old 01-12-2020, 12:20 AM
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Seriously y'all very rich.

33, stat board, 52k pa. no investment, no hdb, no car.

i feel like a cockroach
tbh 52k pa at 33 is low. Take all the high income reports on an anonymous online forum with a bucket of salt.


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