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Thread: is it crazy to give up a 100k P.A salary to become a property agent? Reply to Thread
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Topic Review (Newest First)
16-02-2020 12:32 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Go for it. I know of property agent that earns two to three million per year.
If u sell a 80million gcb and get a 3% that is 2.4million, worth 24 years of your work
Maybe top 1% only get this
26-01-2020 08:03 PM
Unregistered Go for it. I know of property agent that earns two to three million per year.
If u sell a 80million gcb and get a 3% that is 2.4million, worth 24 years of your work
24-01-2020 10:37 AM
Unregistered Why not? At least better than be insurance agents who go around begging people ... at least house agents are approached by eager buyers or sellers? Create more value to society?
27-12-2019 02:55 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
The only way to get passive income is to get is super high paying bank job for 5-10years.
Then resist the urge to buy conti cars. And spend v little
Then quit ur job to do full time investing with the 1.5mill capital u have.
What you just describe is not passive income??
27-12-2019 01:43 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
5-6 years to invest to build up steady stream of passive income?

Passive income building requires hard work. Don't sell him a false hope of 5-6 years :P
The only way to get passive income is to get is super high paying bank job for 5-10years.
Then resist the urge to buy conti cars. And spend v little
Then quit ur job to do full time investing with the 1.5mill capital u have.
27-12-2019 11:40 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
If ts donít like your current job, I suggest target to work for 5 to 6 more years first and invest to build up a steady stream of passive income. If you want more money, can always do sideline jobs on weekends like grab or tuition to boost income. Continue to save aggressively and invest. You can decide if you want to resign in years time when you have built up solid passive income. After that you can look for a lower stress job with lower pay.
5-6 years to invest to build up steady stream of passive income?

Passive income building requires hard work. Don't sell him a false hope of 5-6 years :P
26-12-2019 03:48 PM
chancellor
Quote:
Originally Posted by Unregistered View Post
You want to change jobs because you want to change job, or because you want to earn more?

If it's solely for the money, not worth it because of the uncertainty. Like others said, the property market is not as pretty as it looks. What you see on social media is only the manicured, "good part" of it. They don't show you the downsides.

But if you think your govt job sucks and you want to venture into sales for the sake of venturing into sales, for a change of environment, because you want to try something new, and with the non-guaranteed possibility of earning more, then go for it.
Ya i think its kind of like start-ups - a survivorship bias scenario where you hear only of the successful onesand not those who failed after spending alot of money or effort..
Then the few who make it are glamorised repeatedly until everyone thinks its is so easy. Do only if you are so passionate to enter to learn or willing to grind it out..
25-12-2019 09:30 AM
Unregistered If ts donít like your current job, I suggest target to work for 5 to 6 more years first and invest to build up a steady stream of passive income. If you want more money, can always do sideline jobs on weekends like grab or tuition to boost income. Continue to save aggressively and invest. You can decide if you want to resign in years time when you have built up solid passive income. After that you can look for a lower stress job with lower pay.
24-12-2019 05:19 PM
Unregistered not worth the downgrade in status bro.. property agent no prestige no respect no status.. even if got cash is through breaking relationships and family ties. worth meh... 100k can promote and climb, do further studies. property agent no fixed income and worse is you need to deal with ah beng ah lian smokers, not a work environment. plus all the directors and managers all high one, think they damn good damn satki but go out to the real world all cannot perform... only can talk.
24-12-2019 11:30 AM
Unregistered First of all you need to ensure you can survive, feed yourself and your family, and pay your bills.
These are necessities. Don't mix your wants with the needs. We work to minimally meet our needs. The wants should come from extra remaining after deduct the portion for savings.

If the needs are manageable financially, then you are free to choose whatever career you want. Most importantly, don't regret your decision. That is, should you switch, don't regret it even if it fail. Should you choose to stay on, don't regret later in life that you did not make the switch. In short, make the decision that you will not regret (while ensuring you can meet your needs).
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