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-   -   How much are you earning per annum? (https://forums.salary.sg/income-jobs/831-how-much-you-earning-per-annum.html)

Unregistered 10-03-2015 07:54 PM
Quote:
Originally Posted by Unregistered (Post 63891)
Ok thanks.
me and myself have narrowed down our choice
Likely to buy a new Altis this weekend before the government starts to cold storage the quota for the famine years later.
自导自演 again??? Selling Altis? I want to buy, how to contact you ?

Unregistered 10-03-2015 08:11 PM
hear say that the government want to tighten the COE quota after the GE, is that correct?
i get very worried when i start reading the news.
because my ride is expiring Jun 2017, and I have been waiting many years for COE to drop to $30k.
dont scare me leh

Unregistered 10-03-2015 08:16 PM
Quote:
Originally Posted by Unregistered (Post 63830)
Yes, straits times wrote "With this supply explosion, prices will be on a downward trend. They could be as low as $30,000 for Category A (cars up to 1,600cc and 130bhp) and $40,000 for Category B (cars above 1,600cc or 130bhp). When? Sometime between 2016 and 2017."

Huat ah!!
Better wait for the COE tsunami

Unregistered 10-03-2015 08:23 PM
Quote:
Originally Posted by Unregistered (Post 63910)
Better wait for the COE tsunami
WA... even the straits time editor say COE will drop to $30k.

Huat ah!

Unregistered 10-03-2015 08:54 PM
Another supporter in $30k COE 赞！！

Unregistered 10-03-2015 09:46 PM
You are indeed enjoying the UPPER MIDDLE CLASS lifestyle. You are among the top 10% of locals who are living in condos and own cars.

You will be able to retire easily at 65.

1. Go for the enhanced cpf life. You will get $3500 pm as a retired couple.
2. Sell your big condo and move to a studio condo.
3. From your downgrade, you will get cash and plus your savings, you should have $1m to invest in 5% dividend yield blue chips giving you $50k pa or $4100 pm.
4. Your kids will each give $500 pm for you and $500 pm for your wife. If you have 2 kids, you will get $2k pm as a couple.
5. So, as a couple, your passive income is $9600 pm or $116,000 pa. I'm sure this is more than enough for an old couple. If you just spend $60,000 pa, you can save $56k pa which you can reinvest to give you additional dividends.


Quote:
Originally Posted by Unregistered (Post 63883)
I'm 48 this year, my annual income is $137k pa. I save $35k pa.
My wife is 42, her annual income is $115k pa. She saves $30k pa.
We live in a condo now worth $1.5m, with mortgage outstanding $500k.
Our cash and CPF balances $500k.
Our net worth in total $1.5m.

We have 3 children who loves the condo and its facilities.
We spend our weekends going to malls and eating at nice restaurants.
We drive a one year old SUV with a loan of $60k remaining.
We go for a long holiday once a year in Dec.

We enjoy our middle class lifestyle.
We plan to retire at 60 if possible and if not possible, then at 65.
Life is good.

Unregistered 10-03-2015 10:09 PM
Can i know what or where is your source of data for the claim that locals living in condos and having cars are top 10% ?

I dont get the same impression from reading the statistic of Singapore website but willing to learn more . thanks




Quote:
Originally Posted by Unregistered (Post 63919)
You are indeed enjoying the UPPER MIDDLE CLASS lifestyle. You are among the top 10% of locals who are living in condos and own cars.

You will be able to retire easily at 65.

1. Go for the enhanced cpf life. You will get $3500 pm as a retired couple.
2. Sell your big condo and move to a studio condo.
3. From your downgrade, you will get cash and plus your savings, you should have $1m to invest in 5% dividend yield blue chips giving you $50k pa or $4100 pm.
4. Your kids will each give $500 pm for you and $500 pm for your wife. If you have 2 kids, you will get $2k pm as a couple.
5. So, as a couple, your passive income is $9600 pm or $116,000 pa. I'm sure this is more than enough for an old couple. If you just spend $60,000 pa, you can save $56k pa which you can reinvest to give you additional dividends.

Unregistered 10-03-2015 10:13 PM
Nuts!!
 
Quote:
Originally Posted by Unregistered (Post 63919)
You are indeed enjoying the UPPER MIDDLE CLASS lifestyle. You are among the top 10% of locals who are living in condos and own cars.

You will be able to retire easily at 65.

1. Go for the enhanced cpf life. You will get $3500 pm as a retired couple.
2. Sell your big condo and move to a studio condo.
3. From your downgrade, you will get cash and plus your savings, you should have $1m to invest in 5% dividend yield blue chips giving you $50k pa or $4100 pm.
4. Your kids will each give $500 pm for you and $500 pm for your wife. If you have 2 kids, you will get $2k pm as a couple.
5. So, as a couple, your passive income is $9600 pm or $116,000 pa. I'm sure this is more than enough for an old couple. If you just spend $60,000 pa, you can save $56k pa which you can reinvest to give you additional dividends.
Can't believe this Q&A scenario is ridiculously replayed over again and again.
Are these people nuts or brainless to do something like this? Nothing better to do? Why not contribute some time to do charity work than talking aimlessly!

Unregistered 10-03-2015 10:17 PM
Sounds like a broken record, playing over and over again...

Unregistered 10-03-2015 11:31 PM
Quote:
Originally Posted by Unregistered (Post 63919)
You are indeed enjoying the UPPER MIDDLE CLASS lifestyle. You are among the top 10% of locals who are living in condos and own cars.

You will be able to retire easily at 65.

1. Go for the enhanced cpf life. You will get $3500 pm as a retired couple.
2. Sell your big condo and move to a studio condo.
3. From your downgrade, you will get cash and plus your savings, you should have $1m to invest in 5% dividend yield blue chips giving you $50k pa or $4100 pm.
4. Your kids will each give $500 pm for you and $500 pm for your wife. If you have 2 kids, you will get $2k pm as a couple.
5. So, as a couple, your passive income is $9600 pm or $116,000 pa. I'm sure this is more than enough for an old couple. If you just spend $60,000 pa, you can save $56k pa which you can reinvest to give you additional dividends.
Can your crystal balls also pick the 4D first prize number this weekend?


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