How much are you earning per annum? - Page 904 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How much are you earning per annum?

Reply
 
Thread Tools
  #9031 (permalink)  
Old 04-12-2015, 04:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I agree with most of the points here, but why not job hop? Job hop provides the most % increment, even with promotion, its quite little.
Apologies for the spelling error "hob" vs "hop".

Most employers will not even want to interview candidates who have jumped around several times in the past 3-5 years. Most prefer candidates who are stable and loyal? When you stay at a place for a long time, you gave interviewers the impression that you are a proven employee in your last job, through good and bad times.

You can choose to disagree and do the hop in the next few years. Good luck!

Reply With Quote
  #9032 (permalink)  
Old 05-12-2015, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default Millionaire Households and Individuals

Interesting facts extracted from 2014 news articles:

Individual Millionaires
This article was first published in TODAY on 23 January 2014.
"Are you a high-net-worth individual? Going by the definition of Capgemini and RBC’s joint publication, World Wealth Report 2013, a high-net-worth individual is someone with investable assets of US$1m or more (excluding their principal residence, collectibles, consumables and consumer durables). This is split further into three bands: your millionaire next door (US$1 to US$5m), the mid-tier millionaire (US$5m to US$30m) and the ultra-high-net-worth individuals (US$30m or more). It was reported in The Straits Times on 20 June 2013 that new numbers showed that Singapore had 101,000 millionaires by the end of 2012.

According to the Singapore tax authorities’ annual report for 2012/2013, there were 4,220 resident and 34 non-resident taxpayers earning taxable income of S$1m or more for the 2012 tax year"

Houehold Millionaires

Just how Wealthy are Singaporean Households? 20 February 2014
"It is commonly quoted that Singapore has the most millionaires per capita in the world. Depending on which report we use, there are about 160,000 households (Wealth-X) who have USD$1M in investible assets or more. This is net of debt and excludes the primary residence. In total, there are 1.16M or so households resident in Singapore." In 2012, there are thus 17% of households which are millionaire households.

To sum up the 2 reports:

In 2012, Singapore has 101,000 individual millionaires and 160,000 household millionaires. To qualify, their networth of USD1M are not to include their principal residence, collectibles, consumables and consumer durables. It is important to note the individual millionaires are not necessary subsets of the HH millionaires, as some of the individuals may not form households.

So far in this forum, there seems to be 3 forummers who "qualify" to be called millionaires:
1. The 40+ yr old married man with no kids but with passive income of $250K-$400k
2. The mid 50 man with HH networth of $5.8M
3. The early 50 man who called himself uncle M

What about the rest?

Reply With Quote
  #9033 (permalink)  
Old 05-12-2015, 08:59 PM
Unregistered
Guest
 
Posts: n/a
Default

I'm in my late 40s, a retired millionaire. I own a paid up 3 bedroom condo, located at a short drive to the city. I drive a new car. Happy to be debt free. My income covers more than expenses. My passive income comes mainly from my portfolio of investments.

Reply With Quote
  #9034 (permalink)  
Old 05-12-2015, 09:56 PM
Unregistered_101
Guest
 
Posts: n/a
Default

Hah why am I not surprised, 5 mins of your time to back YOUR OWN words is something you can't do? Lets make it easy for you one more chance to prove you're not a pussy (this task no editing needed). Log into your tax portal and click on the below and show me where on that screen does it say IC number and NAV as per your claim below. (2nd chance to back your own words)

- View My Property Portfolio/Change mailing address

The only titles I can see are Property Description, Property Tax Reference Number, Annual Value, Tax Balance. (Hint: Annual value is not NAV, its annual value of estimated rental income)

Or maybe your some super high net-worth chap got more details than the average man


Quote:
Originally Posted by Unregistered View Post
You have covered at last 50% of the IRAS statement, with no name from IC to cross-reference to. No details of properties and no NAV shown. With 1 line or 11 lines, they are so easy to replicate across. I will do that if I want to prove a point to you, but not going to waste my time on a blithering fool like your good self. You are not worth 5 min of my life.

I'll give you the benefit of doubt and assume you're not either Mr superiority or the Mr Pussy until proven otherwise.

Firstly I have no desire to be treated seriously on this thread anyway, I come here to poke fun at people with inflated egos or just a have a good laugh

Secondly my initial exchanges with anyone usually starts off civil playing along on their fantasy world about making their cash. However once I post evidence which they can't seem to prove as fake they start calling calling you dense and what not. They are Pussies lah through and through. Maybe you're very civil about treating cowards who accuse you with no evidence but I am not. If I were that easy how to make money?

Btw explain me this who do you want exactly to treat you seriously? Would it be the Unregistered guy who posted the day before or the Unregistered guy that posted this morning or the Unregistered guy that posted this evening?

IMO anyone who wants to be treated seriously on this thread is a IMH patient so I hope for your sake you're not one of them.


Quote:
Originally Posted by Unregistered View Post
You are using "major tosser", "insignificant speck", "dufus", "prissy gu niang" and "pure Pussy" here in this forum.. people would not treat you seriously, even if you claimed you have 1 million properties.

Personally, I see you as a IMH patient who has access to internet.
Reply With Quote
  #9035 (permalink)  
Old 06-12-2015, 07:07 AM
Unregistered
Guest
 
Posts: n/a
Default

Yaaawn.

Knowing a few computer tricks will not qualify you as a millionaire. Grow up.

Quote:
Originally Posted by Unregistered_101 View Post
Hah why am I not surprised, 5 mins of your time to back YOUR OWN words is something you can't do? Lets make it easy for you one more chance to prove you're not a pussy (this task no editing needed). Log into your tax portal and click on the below and show me where on that screen does it say IC number and NAV as per your claim below. (2nd chance to back your own words)

- View My Property Portfolio/Change mailing address

The only titles I can see are Property Description, Property Tax Reference Number, Annual Value, Tax Balance. (Hint: Annual value is not NAV, its annual value of estimated rental income)

Or maybe your some super high net-worth chap got more details than the average man





I'll give you the benefit of doubt and assume you're not either Mr superiority or the Mr Pussy until proven otherwise.

Firstly I have no desire to be treated seriously on this thread anyway, I come here to poke fun at people with inflated egos or just a have a good laugh

Secondly my initial exchanges with anyone usually starts off civil playing along on their fantasy world about making their cash. However once I post evidence which they can't seem to prove as fake they start calling calling you dense and what not. They are Pussies lah through and through. Maybe you're very civil about treating cowards who accuse you with no evidence but I am not. If I were that easy how to make money?

Btw explain me this who do you want exactly to treat you seriously? Would it be the Unregistered guy who posted the day before or the Unregistered guy that posted this morning or the Unregistered guy that posted this evening?

IMO anyone who wants to be treated seriously on this thread is a IMH patient so I hope for your sake you're not one of them.
Reply With Quote
  #9036 (permalink)  
Old 06-12-2015, 08:10 AM
Unregistered
Guest
 
Posts: n/a
Default

You should not have responded to the IMH escapee. It will encourage him further.

Quote:
Originally Posted by Unregistered View Post
Yaaawn.

Knowing a few computer tricks will not qualify you as a millionaire. Grow up.
Reply With Quote

  #9037 (permalink)  
Old 06-12-2015, 08:33 AM
Unregistered_101
Guest
 
Posts: n/a
Default

I never claimed I was a millionaire......

Quote:
Originally Posted by Unregistered View Post
Yaaawn.

Knowing a few computer tricks will not qualify you as a millionaire. Grow up.
Reply With Quote
  #9038 (permalink)  
Old 06-12-2015, 02:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Alamak, so there were only 3 bonafide millionaires here and all the rest were wannabes, pretenders and computer cheats. All with bags full of hot air and sh*t

Quote:
Originally Posted by Unregistered View Post
Interesting facts extracted from 2014 news articles:

Individual Millionaires
This article was first published in TODAY on 23 January 2014.
"Are you a high-net-worth individual? Going by the definition of Capgemini and RBC’s joint publication, World Wealth Report 2013, a high-net-worth individual is someone with investable assets of US$1m or more (excluding their principal residence, collectibles, consumables and consumer durables). This is split further into three bands: your millionaire next door (US$1 to US$5m), the mid-tier millionaire (US$5m to US$30m) and the ultra-high-net-worth individuals (US$30m or more). It was reported in The Straits Times on 20 June 2013 that new numbers showed that Singapore had 101,000 millionaires by the end of 2012.

According to the Singapore tax authorities’ annual report for 2012/2013, there were 4,220 resident and 34 non-resident taxpayers earning taxable income of S$1m or more for the 2012 tax year"

Houehold Millionaires

Just how Wealthy are Singaporean Households? 20 February 2014
"It is commonly quoted that Singapore has the most millionaires per capita in the world. Depending on which report we use, there are about 160,000 households (Wealth-X) who have USD$1M in investible assets or more. This is net of debt and excludes the primary residence. In total, there are 1.16M or so households resident in Singapore." In 2012, there are thus 17% of households which are millionaire households.

To sum up the 2 reports:

In 2012, Singapore has 101,000 individual millionaires and 160,000 household millionaires. To qualify, their networth of USD1M are not to include their principal residence, collectibles, consumables and consumer durables. It is important to note the individual millionaires are not necessary subsets of the HH millionaires, as some of the individuals may not form households.

So far in this forum, there seems to be 3 forummers who "qualify" to be called millionaires:
1. The 40+ yr old married man with no kids but with passive income of $250K-$400k
2. The mid 50 man with HH networth of $5.8M
3. The early 50 man who called himself uncle M

What about the rest?
Reply With Quote
  #9039 (permalink)  
Old 06-12-2015, 05:02 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm in my late 40s, a retired millionaire. I own a paid up 3 bedroom condo, located at a short drive to the city. I drive a new car. Happy to be debt free. My income covers more than expenses. My passive income comes mainly from my portfolio of investments.
Welcome to the millionaire club, sir. You are the most successful among us as you are already retired and you no longer have any debt. Many of us are still working in our 50s as we can't afford to retire so early as our passive income is not enough. You're our role model, sir.
Reply With Quote
  #9040 (permalink)  
Old 06-12-2015, 05:29 PM
Unregistered-working hard
Guest
 
Posts: n/a
Default Hard Working Couple

Both myself and wife are 37 years old, both are employees with combined annual income S$190k (12 mth salary).
Staying in a fully paid up 5 room HDB (now worth around $650k)
Own a condo and rent out to earn monthly rental income of $3.5k (valued at around $1.5mil, outstanding loan $1mil)
Combined CPF balance (OA) and cash savings $180k
Have two children still in pre-school - monthly expenses $2.6k
Parents monthly allowance - $2k
Monthly insurance premiums - $1.5k
Monthly combined savings - $5.6k
Any Variable bonuses will be saved for rainy days and children's university

We don't own a car and seldom eat in restaurants unless with parents and children. We both come from humble families and understand the importance of saving $$, we don't own any shares/bonds.

Are we doing fine? Appreciate any advice on safe investings tips.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
10,858 Replies, 6,673,640 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,327 Replies, 4,985,865 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,051 Replies, 440,926 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,386 Replies, 2,325,312 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
172 Replies, 309,782 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
681 Replies, 389,180 Views
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,262 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,807 Replies, 1,045,803 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,387 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,108 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,768 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,608 Views
Why Is Having a Google Virtual...
1 Replies, 6,803 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,303 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,556 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,562 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,609 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,332,281 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,674 Views
Is getting a PMP worth it ?
4 Replies, 7,183 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,763 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,796 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,449 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,978 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,094 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,860 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 359,004 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,990 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 614,019 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,824 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:42 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2