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Topic Review (Newest First)
17-02-2012 02:33 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
Probably some posters here are filthy rich, but no use since nobody is interested in knowing anyone offline here...
17-02-2012 11:38 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
haha i'm one of them!
17-02-2012 09:50 AM
Unregistered
Quote:
Originally Posted by rbh View Post
Key word is "talk". If you are so easily impressed by a confident & aggressive smooth talker, you need to mix around with Class A achievers more.
and who are these Class A achievers? people who post anonymously in a discussion forum during office hours?
17-02-2012 08:54 AM
rbh
Quote:
Originally Posted by Unregistered View Post
Thanks for sharing. Wow, that is a lot of money! No wonder he is so yaya papaya lah...

I think it is a foreign bank but an Asian one.

Everytime he talk to us, he makes our family feel like we know **** and he knows everything in the world. But what to do?
Key word is "talk". If you are so easily impressed by a confident & aggressive smooth talker, you need to mix around with Class A achievers more.
16-02-2012 04:53 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I don't like the hao lian bit and I do enjoy deflating the egos of those show-offs. But if you want to know an honest answer (and if the details you give below are true), read further:

1. Depends whether local or foreign bank and the segment of clients he cover. Nevertheless, at 45 years old and as a VP, he should be drawing a base pay between $18-30k per month. This is pretty standard for a VP at age 45, regardless of role. A variable bonus of 6-24 months (depending on performance of individual and performance of bank) is common. As a rough gauge, a VP total pay package (base + variable) is about S$250-500k per year. This will consist of cash and a mix of options. If your cousin tells you that he is getting shares, likely his total compensation has exceeded S$250k per year. If not, something is fishy.
Thanks for sharing. Wow, that is a lot of money! No wonder he is so yaya papaya lah...

I think it is a foreign bank but an Asian one.

Everytime he talk to us, he makes our family feel like we know **** and he knows everything in the world. But what to do?
16-02-2012 04:50 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
one way to gauge is his lifestyle. what car does he drive (and how many cars), what house he lives in, holiday destinations, etc.

a high flying banker would probably at least be driving a merc/bmw/audi, live in freehold semi-d, and go to europe/japan for holidays
His lifestyle is definitely different from ours. We went to his home for a function. He does not drink plain water, only mineral water in those green glass bottles type. He is a member of a marina club. Yes, drive Merc and has many expensive watches. His own wine cabinet with all sorts of expensive wine (sorry I don't know what kind since i do not drink).
16-02-2012 02:38 PM
Unregistered Talk about Semi-D. It is really possible lor. Two years ago, this investment banker (<30 years old) married his colleague (even younger). Both worked in the same dept of an offshore bank. They are both Singaporeans, local grad, family not well to do. Their 3-4 years of savings enough for them to buy a freehold semi-D (prime location), get married and go honeymoon. Both are pretty quiet, humble type. Not the typical image of investment banker. Unfortunately the wife (a really nice lady) caught some blood disorder. Fell very sick...

Quote:
Originally Posted by Unregistered View Post
one way to gauge is his lifestyle. what car does he drive (and how many cars), what house he lives in, holiday destinations, etc.

a high flying banker would probably at least be driving a merc/bmw/audi, live in freehold semi-d, and go to europe/japan for holidays
16-02-2012 02:30 PM
Unregistered Agree. Merc/Bmw alot of people can buy. $200k loan just stay in 4-RM HDB instead of 5-RM can already lo.

Car must be $500k and above then can considered well to do.

But having said that, alot of rich people don't really show off.

Still, if a banker earns enough.. he will definitely show it It is just in the nature of bankers to Hao Lian!
16-02-2012 02:01 PM
alwaysnforever yes bmw and mercs are all to common now. aston martins, ferraris and lambos and those high end mercs and bmws are still only pretty much exclusive to those who are truly rich.
16-02-2012 01:53 PM
Unregistered
Gauge of wealth?

Other telltale signs of SG top 1% (or about top 20000 households):

Bling bling level - PP watches, cartier jewellery, wife/gf chanel/Hermes bags

Travel - flies business/first on own money (not corporate)

Home - i definitely agree esp in SG.. own your own landed or condo worth above 3M.

Car - Many middle class drive stretch to drive bmw/merc.... maybe if drive maserati, porsche, aston martin, RR then can count.. Must cost at least 450K and up mah... Quite likely own another jap car/bmw/merc for everyday use
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