How much are you earning per annum? - Page 1064 - 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
  #10631 (permalink)  
Old 08-11-2016, 08:24 PM
Unregistered
Guest
 
Posts: n/a
Default

To build a fortune worth $50m would be impossible for a salaried worker. You need to be a successful entrepreneur, a person with the ability, confidence and courage to strike out on your own. If you're not so smart and a coward, who is just happy to be ordered around and earning meagre salaries of only $350k pa (this is small change compared to what a good entrepreneur can earn), then forget about owning a GCB. Just stay in your mass market condo, drive cheap cars (costing less than $500k) and lead ordinary middle class lives. Most people here are just salaried workers with no courage to be business owners.


Quote:
Originally Posted by Unregistered View Post
Totally agree. We must not be easily satisfied. We must work harder and longer to achieve more.

Don't be like the guy who is satisfied with living in a cheap condo, costing less than $2m.

We should all work harder and longer to aspire to own a Good Class Bungalow (costing $20m at least) plus an investment portfolio worth $30m. Then we can retire. $50m should be enough for us to retire well, travelling first class, holidaying all over the world and eating at high class restaurants.

Reply With Quote
  #10632 (permalink)  
Old 08-11-2016, 10:45 PM
Unregistered
Guest
 
Posts: n/a
Default

If you are a successful businessman, be thankful for your good fortune and be kind to your employees. Because you never know when your business will go bust and you may be working for your employees or worse begging for money from them. If you want, you can google those past businessmen who became bankrupts after tasting successes.

There is nothing wrong being employees as long as you are doing honest work. I have friends who owned small businesses that made less money than us professionals. Employees go home each day after work and relax. Business owners worry throughout the day and night about their business sustenance, their employees salaries, their loans etc.... Here it is obvious who is leading a better life. Why buy a GCB when you are stressed out everyday, not able to enjoy it when an employee can enjoy his condo facilities and holidays abroad yearly?

Believe me, $350k pa is quite adequate for a very comfortable and happy life. If your spouse is working and earning around $150k pa and you are also getting passive income of $150k pa (which is achievable for a working employee couple in their 50s), you are looking at a total household income of $$650k pa. And if this employee couple stays in a condo, their annual expense is probably below $120k pa, which means a savings of $530k pa. I think many people will be satisfied with this. I know I am.


Quote:
Originally Posted by Unregistered View Post
To build a fortune worth $50m would be impossible for a salaried worker. You need to be a successful entrepreneur, a person with the ability, confidence and courage to strike out on your own. If you're not so smart and a coward, who is just happy to be ordered around and earning meagre salaries of only $350k pa (this is small change compared to what a good entrepreneur can earn), then forget about owning a GCB. Just stay in your mass market condo, drive cheap cars (costing less than $500k) and lead ordinary middle class lives. Most people here are just salaried workers with no courage to be business owners.




Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #10633 (permalink)  
Old 09-11-2016, 10:49 AM
Unregistered
Guest
 
Posts: n/a
Default

Naive.

GCB should be $40M.

Investment portfolio $80M.

How can you be satisfied for $50M to stay in the lower end rundown GCB.

Do you know how much the maintenance for GCB?

Yes, work harder and achieve more.

Quote:
Originally Posted by Unregistered View Post
Totally agree. We must not be easily satisfied. We must work harder and longer to achieve more.

Don't be like the guy who is satisfied with living in a cheap condo, costing less than $2m.

We should all work harder and longer to aspire to own a Good Class Bungalow (costing $20m at least) plus an investment portfolio worth $30m. Then we can retire. $50m should be enough for us to retire well, travelling first class, holidaying all over the world and eating at high class restaurants.

Reply With Quote
  #10634 (permalink)  
Old 10-11-2016, 04:42 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you are a successful businessman, be thankful for your good fortune and be kind to your employees. Because you never know when your business will go bust and you may be working for your employees or worse begging for money from them. If you want, you can google those past businessmen who became bankrupts after tasting successes.

There is nothing wrong being employees as long as you are doing honest work. I have friends who owned small businesses that made less money than us professionals. Employees go home each day after work and relax. Business owners worry throughout the day and night about their business sustenance, their employees salaries, their loans etc.... Here it is obvious who is leading a better life. Why buy a GCB when you are stressed out everyday, not able to enjoy it when an employee can enjoy his condo facilities and holidays abroad yearly?

Believe me, $350k pa is quite adequate for a very comfortable and happy life. If your spouse is working and earning around $150k pa and you are also getting passive income of $150k pa (which is achievable for a working employee couple in their 50s), you are looking at a total household income of $$650k pa. And if this employee couple stays in a condo, their annual expense is probably below $120k pa, which means a savings of $530k pa. I think many people will be satisfied with this. I know I am.

Another show off..... look at the last sentence....
Reply With Quote
  #10635 (permalink)  
Old 10-11-2016, 01:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Another show off..... look at the last sentence....
actually nothing to show off. saving $530k pa is no big deal. typical salaried worker. successful entrepreneurs can save millions every year.
Reply With Quote
  #10636 (permalink)  
Old 10-11-2016, 07:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
actually nothing to show off. saving $530k pa is no big deal. typical salaried worker. successful entrepreneurs can save millions every year.
My friend saved 7.2 million sing dollars last year
Reply With Quote

  #10637 (permalink)  
Old 10-11-2016, 08:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My friend saved 7.2 million sing dollars last year
Not surprising. Common among the good entrepreneurs. These are the people who buys up all the GCBs. Those who work for these entrepreneurs earn a small amount of $350k pa. These workers will own just condos or the most cheap landed homes in cheap districts.
Reply With Quote
  #10638 (permalink)  
Old 11-11-2016, 08:33 AM
Unregistered
Guest
 
Posts: n/a
Default

Sounds so hollow right? Why use your "friend"? Are you working for him? Is he willing to pay you good salary?

For that matter why not say Donald Trump or Warren Buffet earn such and such? At the end of the day, it is what you earn. And not what your friend earn. This is what the forum is about.

Quote:
Originally Posted by Unregistered View Post
My friend saved 7.2 million sing dollars last year
Reply With Quote
  #10639 (permalink)  
Old 11-11-2016, 09:25 AM
Unregistered
Guest
 
Posts: n/a
Default

Same goes to you. Are you currently a GCB owner? If not, then why talk so much for them? How much did they pay you to talk for them?

By the way, there is nothing wrong staying in a HDB flat. People staying in a HDB flat can be as happy (probably happier) than someone who stays in a GCB. Sometimes the HDB dwellers may decide to upgrade to condos because they have that extra money and condos may be a good investment plus good home choice. Condos give them the convenience of having facilities at their doorstep which is currently lacking in HDB estates.


Quote:
Originally Posted by Unregistered View Post
Not surprising. Common among the good entrepreneurs. These are the people who buys up all the GCBs. Those who work for these entrepreneurs earn a small amount of $350k pa. These workers will own just condos or the most cheap landed homes in cheap districts.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #10640 (permalink)  
Old 11-11-2016, 09:33 AM
Unregistered
Guest
 
Posts: n/a
Default Bicello POTENZA

What is our most valuable asset?

It is our TIME. Our time on this temporary world is limited. If you die at age 100, then you have 36,500 days on this earth. If you die at 60, you will then have 21,900 days. If you die at 40, then your days will only be 14,600. But do we know when we will die? The answer is NO. We can die ANY TIME.

Given this reality, ask yourself HONESTLY. Do you know where you will be after you die? What is the true purpose of your life? Go and search for the REAL TRUTH. Be sincere in your heart in searching for the TRUTH.

While you are on this earth, what do you really want to achieve? Is your life all about earning and accumulating wealth as much as you can? Is that what life is all about?

A full life is not all about yourself and your family. Life is about caring for others, making the world a better place. It is about compassion and gratitude.

Do you want to work until you are 70 years old and then die at 75? Are you working so hard all your life only to enjoy 5 years of retirement? What if you die at 60? No retirement at all. All your millions will just go to your children who will happily enjoy your millions. They can retire immediately upon your demise.

The older we get, the more valuable our time is. What is the value of your time? Those who value their free time a lot will retire when they reach financial independence. They are then free to do what they like. They can travel the world, help the poor and needy, write a book, learn to cook, exercise more, read more books, reflect upon their existence in this world, pursue new hobbies, search for the REAL TRUTH, etc.

Think. Don't regret at your death bed.
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
LTA (Land Transport Authority) ( 1 2 3... Last Page)
681 Replies, 389,122 Views
Compare civil service salary ( 1 2 3... Last Page)
16,346 Replies, 12,459,016 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,807 Replies, 1,045,692 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,325 Replies, 4,985,744 Views
Career as Teacher ( 1 2 3... Last Page)
10,857 Replies, 6,673,109 Views
GovTech ( 1 2 3... Last Page)
5,164 Replies, 2,165,231 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,459 Replies, 785,063 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,735 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,585 Views
Why Is Having a Google Virtual...
1 Replies, 6,800 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,198 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,540 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,907 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,557 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,773,398 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,710 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,332,015 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,642 Views
Is getting a PMP worth it ?
4 Replies, 7,180 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,748 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,776 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,444 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,918 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,079 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,854 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,325,269 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,978 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,955 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,996 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,519 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:47 PM.


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