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How much are you earning per annum?

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  #5711 (permalink)  
Old 21-10-2014, 06:07 PM
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A non materialistic person would not need to repeatedly state his possessions, this is just boasting which is associated with materiaism. Also you like compare people in condo and hdb, if one had no such care for materialism why need to stress who is 2 percent or 1 percent etc.



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Yes, I'm a multi millionaire but I'm not materialistic. I don't aspire to be a billionaire. I'm contented with my millions. A $200k conti car is no big deal, I don't splurge on a $1m sports car. I do lots of charity work and care for the less fortunate.

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  #5712 (permalink)  
Old 21-10-2014, 06:26 PM
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You say that but you keep telling everyone you are multi millionaire driving conti car etc, someone who sees beyong material wealth would never keep saying it over and over. Practice what you preach before trying to educate others.
How would you know if the first unregistered is the same as the second one?? LOL

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  #5713 (permalink)  
Old 21-10-2014, 06:37 PM
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How would you know if the first unregistered is the same as the second one?? LOL
Easy his writing style, it's very distinct.

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  #5714 (permalink)  
Old 22-10-2014, 09:18 AM
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Low income dude, 38, makes $50k pa. Spouse, 37, makes $55k pa. Son, 3. House is 4 room BTO flat bought cheap. We are still servicing loan.

Can anyone suggest how I can earn more? I want to save so that I can one day buy an EC. Is driving a cab part time a good idea? How about part time property or insurance agent? Does these jobs pay well? Need sincere advice from the rich and successful guys here. Thank you.
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  #5715 (permalink)  
Old 22-10-2014, 12:35 PM
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450m and up : 50 households
100m to 450m : 500
30-100m : 3000
10-30m : 10000 households
5-10m : 30000 households
1-5m : 70000 households
<1m :1.08m or all the other households in sg

Rough estimate using various wealth mgmt firm data.
Thanks for this. Does the wealth comparison include or exclude primary residence?
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  #5716 (permalink)  
Old 22-10-2014, 02:04 PM
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Originally Posted by Unregistered View Post
Low income dude, 38, makes $50k pa. Spouse, 37, makes $55k pa. Son, 3. House is 4 room BTO flat bought cheap. We are still servicing loan.

Can anyone suggest how I can earn more? I want to save so that I can one day buy an EC. Is driving a cab part time a good idea? How about part time property or insurance agent? Does these jobs pay well? Need sincere advice from the rich and successful guys here. Thank you.
The resident property agent has now rehashed his story a bit..

Now it is is lower-middle income person and his EC obsession....
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  #5717 (permalink)  
Old 22-10-2014, 07:28 PM
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2nd year into my job after graduation last May ... Drawing a salary of $65000 per annum .. It may seem high ( not to boast) but i have difficulties keeping with the high cost of living in singapore .. I dun own a car but give my parents allowances etc
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  #5718 (permalink)  
Old 22-10-2014, 07:52 PM
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2nd year into my job after graduation last May ... Drawing a salary of $65000 per annum .. It may seem high ( not to boast) but i have difficulties keeping with the high cost of living in singapore .. I dun own a car but give my parents allowances etc
Are you the resident property agent making stories again? One guys thinks so.
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  #5719 (permalink)  
Old 22-10-2014, 10:26 PM
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Middle class couple in our mid 50s earning a combined salary of only $180k pa. Our home, a 3 bedroom condo, is paid up and now worth slightly more than $1.2m. We don't have any other investments (our condo is our best investment since we bought it at $600k in 2003), we only have cash and CPF savings. Our current net worth is about $1.8m. We hope to remain employed till 65. Upon 65, we hope to have a net worth of $2.5m. We will then downsize to a one bedroom condo unit and use the extra cash to buy dividend stocks. We will also get our CPF Life monthly money, so in total our monthly passive income will be $6k pm. I think this would be sufficient as we (my wife and I) just need the money for food, utilities, medical and public transport. We should be spending only $3k pm since we are debt free. Any comments on our retirement plan?
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  #5720 (permalink)  
Old 23-10-2014, 04:47 PM
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Bonus month coming. Here's what I am going to do with my bonus.

1. Buy brand new car to replace my current old car.
2. Go one week holiday.
3. Buy some stocks.
4. Save for old age.
5. Donate.

What's your plans with your bonus?
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