security guard earning $4000 a month before cpf. going forward what can or should i do?

That’s quite a good pay. What are your working hours like?

You can supplement that by driving for Grab?

It is difficult for us to give you advise without much info - for eg., your age, qualification, got driving license or not, single or married with children etc...

If you are below 40, I may advise you to go for skills upgrading and move up the management ladder in your security job. Some enterprising people even set up their own company to provide security services.

Male, 49. Retired from the corporate world to take care of my health. Over the many years of hard work, I have saved and invested in various assets. I get my passive income from these long term investments.

I now spend my time managing my investment portfolio, doing research, reading, volunteering at charities, working on improving my health, spending more time with my family, watching the latest movies and exercising in my condo gym.

Life is short. You only live once on this temporary earth. Don't spend all your life accumulating wealth. You will not bring your wealth to the grave. Give back to society. Donate generously to charity. Contribute your time to meaningful voluntary charity work. Take care of your health. Be grateful with what you have. Seek true happiness.

Male 29 and female 28
Owing to some lucky decisions made a few years ago, our combined income is about $3m-$6m. 2017's combined income was $5,035,500. We are both running a series of businesses, so income varies depending on biz performance.
Currently staying in a town condo, bought last year for $3.8m, fully paid
Another 2 city fringe condo bought in 2014 and 2015 for $1.5m and $2.2m respectively, both fully paid.
Own 2 shops bought in 2016 for $4.5m
Own 3 cars, combined purchase price $650k
Liquid savings - $1m
Equities - $5.5m
Other investments/alternative investments - $1m

Just lucky and glad to have found something we both believe in and are working very hard in

Thats very good! I am reaching 30 and just paid down payment for a city fringe condo.

Did you rent our ur other 2 condos?

32 male.

190k a year package
cash - 170k
crypto - 80k

1x condo waiting for top

Salary MBB-IB-Shipping Comparative
 

Hi everyone

I wanted to ask you about the salaries in this fields: Management Consulting , Investment banking and Shipping(shipbroking and chartering etc)

Whats the starting average salary in this industries and the progression? Here in Singapore london nyc
Whats the most difficult one to get into?

I reffer to compaines like Mckinsey Goldman morgan stanley , and Clarksons ssy

Please solve my doubt if someone know about this..

Thnaks in advance!

31 years old

2nd Upper Class, started working at 2013 after degree, before that is Diploma and work.
About 5 years working experience, annual about 80k.

No debt, not married, no house, no car.

Cash/Saving Accounts - $80k
Stocks - $30k
Insurance - $0 (Only term insurance + CI, etc)

Far behind my peers, but I am trying to catch up.

Simple... git gud...

I retired 5 years ago after many years of working in the corporate world. After years of saving and successful investing, I have build up enough wealth for me to retire as my passive income exceeds my expenses comfortably. I currently spend my time managing my wealth and looking for new investment opportunities to grow my portfolio. Like any good investor, I managed my risk carefully, balancing welath preservation and growth.

Looking for help
 

Any kind soul willing to help me through this few days and next month expenses please? I just found a job with $2k salary payment a month

Life is not all about earning lots of money. I made enough to retire in my mid forties to pursue a life of humility and service to the less fortunate. I live humbly in my 3 bedder condo. I drive an old car.

Status Update: 2 Years Later .. 2016 - 2018
 

Hello everyone, after a long drag of (approximately) 2 years since my last post in 2016 #9982 link, here is an update on my persona.

A pitch is definitely avoided.. My current endeavors of retirement planning didn't see a light, however. So, I've decided on equipping with the right knowledge and progress in my business. How do I check my credit history? Many a times, I often got lost during the process of "flushing money" into the drain. Now decided to buckle up either on my wage scheme or pursue my business line.

Instead of retiring at age of 55, the retirement life cycle faces a compression in today's context - recently spotted a YT video demonstrating a young toddler earning 11M a year - proving that the trend has absolutely changed upon being an entrepreneur. :eek:

Sincerely wishing everyone a pay raise to match inflation rate this year :p

34 year indian male
annual income $228,000
stocks $488,000

36 years old.

Local NTU engineering degree.
Married with a flat bought not long after I grad.

Annual income before tax: +-250k.
Savings: ~800k
Investment returns: ~20k/yr from dividends.

I think I am doing just alright but have uni peers crossing 500k... but well, not everything is about money.

What are you working as?

Gigolo at night

Took inheritance money from rich parents.

CECA with pink IC

Annual income: 70k
Savings and overseas property: 20 mil rupees

Pwning NS-serving Singaporeans while living in the comfort and safety of a subsidised HDB: Priceless

how much should an engineer with a NTU degree be earning per annum after 10 years of experience?

I am getting only like 80K/year and feel under paid

I am not an engineer but graduated in 2014 from NTU. 85 to 86k p.a. Not sales role.

I am graduated from NTU engineering in year 2009 and started work in Dec 2009. Could not even get a 3rd class honours. Currently earning 135kpa.

There is no fixed formula on how much you should be earning based on years of experience and type of education. You should be looking at your industry, job responsibility, knowledge gained etc.

ITE grad

Started own business in 2012

Now earning about 250k pa

Investments about 200k

Just paid finish condo.

29 male

Local grad
Salary - 180K/pa
Liquid assets - $200+K

used car fully paid

32 year old.. annual income - basic salary 260k, variable bonus will add another 100k to 150k
All before taxes .

Working in the finance industry..
Pushing the envelope in my everyday work has helped in achieving this.

Chase your dreams guys and don't forget to buy insurance

What are you doing in finance?

what role?

Quality specialist role in aviation

Male, 50.

Retired at 44.

Earning income from investments.

Home is a condo. Paid up.

Drives a luxury sedan. Paid up.

May I know what is your role before retirement and how much was your p.a income?

you are the most successful person in this forum because you are able to retire at 44 years old. you own a paid up private condo. many people at that age are still working to clear their hdb loan. everyone in this forum cannot afford to retire at 44 except you. many in their fifties here still need to work. you are a Crazy Rich Asian! Respect!

Your feelings are not unfounded. 80K/year is the average for engineering degrees with 5 years of working experience. With 10 years of experience, it should be closer to 160K/year.

From the comments here and on other threads, I learnt 2 things about the ceca community and sinkies' reactions:

1. Ceca has reach a critical mass whereby one feels comfortable sharing sensitive materials and / or performing actions which are either controversial or disrespectful to the host nation. In their large communities here, we are probably viewed by them as the "foreigners".

2. Sinkies are becoming very cynical like the jiuhu kias because they are being marginalised by the Gahment. Everyone is still so sceptical about the guy not being with DBS.

Take what you read here with a pinch of salt. They can imagine what they want to be.

29yr old male SIM grad. Financial consultant aka Insurance agent, made 950k last year and on track to doing the same this year. The grind continues but just want everyone to know being in a prestigious university is not everything, just need to find your strengths and capitalize on them.

I have friends with no degree also doing very well in real estate and insurance.

You can retire soon. Main thing is financial freedom.

yup. nowadays engineering good pay. heard from my friend in manufacturing 6 years earning 8.7k a month. driving merc and recently bought a rolex post on facebook. quite jealous, should have followed his advice to take up engineering and go into manufacturing/construction industry

i know someone who was from poly. study until almost dropout, retain one year (total 4 years in poly). but during army take insurance papers then come out straight away chiong. past few years heard he earning easily 1.6 million per annum. grades are really useless in this society.

30 years single

85k p.a.

Owns a condo $900k

Cash = 5K

Investment in stocks = 15k