| 08-03-2017 05:13 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Best is still tiongland
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lol tiongland in 1980s? nowadays tier 1 cities much more exp than sg, even tier 2 cities ard sg cost of living.
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| 06-03-2017 08:29 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
thailand is better. now budget flight to bangkok same price as kl/penang.
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Best is still tiongland
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| 06-03-2017 05:10 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.
Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm
Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm
This retirement plan allows you to live in a condo and drive a car.
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thailand is better. now budget flight to bangkok same price as kl/penang.
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| 06-03-2017 03:56 PM |
| Unregistered |
Good advice. Singaporeans are very lucky as they get to buy very cheap HDB BTO flat. Twice. Not surprising there are many rich people.
Quote:
Originally Posted by Unregistered
For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.
Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm
Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm
This retirement plan allows you to live in a condo and drive a car.
|
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| 06-03-2017 01:37 PM |
| Unregistered |
For those retrenched out there, you can just retire in Malaysia assuming you no longer have any dependents at age 55.
Passive income
Rent out fully paid HDB flat S$2.5k pm or RM8k pm
Rent a 2 bedroom condominium RM1.5k pm
Car expenses RM400 pm (assume buy used car in cash RM30k)
Food, groceries and utilities RM1k pm
Misc RM1k pm
Total spending RM3.9k pm
Savings RM4.1k pm
This retirement plan allows you to live in a condo and drive a car.
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| 05-03-2017 12:11 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I wonder what a kid will prefer. A mum who fully takes care of him/her or a maid/childcare. The objective of parents who choose to work to earn extra money is not about giving the best to their children but to fill their hunger for success and luxurious lifestyle.
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kids dun really care, there is nothing for them to compare against these days. in fact those guilty parents who dump their kids in childcare often sign up more enrichment courses & buy more stuff & go on more holidays so the kids also expect it as "normal".
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| 05-03-2017 11:29 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
its all abt standard of living. not everyone content to go east coast camping or eat economic rice all day.
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I wonder what a kid will prefer. A mum who fully takes care of him/her or a maid/childcare. The objective of parents who choose to work to earn extra money is not about giving the best to their children but to fill their hunger for success and luxurious lifestyle.
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| 05-03-2017 12:37 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
My younger colleagues were complaining to me that in Singapore, both husband and wife have to work to ensure a reasonable quality of life, and save up for retirement. The reasonable quality of life to them means having a car, stay in a condo and have a maid to cook, do household chores and look after their young kids. Looking back when I was younger, I think many in my cohorts have wives who were housewives and we turn out quite ok, financially.
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its all abt standard of living. not everyone content to go east coast camping or eat economic rice all day.
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| 04-03-2017 01:23 PM |
| Unregistered |
My younger colleagues were complaining to me that in Singapore, both husband and wife have to work to ensure a reasonable quality of life, and save up for retirement. The reasonable quality of life to them means having a car, stay in a condo and have a maid to cook, do household chores and look after their young kids. Looking back when I was younger, I think many in my cohorts have wives who were housewives and we turn out quite ok, financially.
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| 03-03-2017 04:56 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Most of your comments make sense except on the part of taking a 25 year mortgage. For most people, buying a flat as early as possible is probably their best move to build their wealth. It is easy to say to invest wisely but how many people is capable of doing that. Many people accumulate their wealth through buying a flat; forced savings....
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Now so easy, sign up with any brokerage online & buy & hold etfs regualarly. As long as expectation realistic (dun keep fantasize abt being warren buffet or george soros) its easier than buying property.
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