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 Working in Singapore V10, Serious Talk only. no chatting

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wi1s0n
post Feb 3 2012, 05:33 PM

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QUOTE(Materazzi @ Feb 3 2012, 03:29 PM)
my friend left sg for good, got RM8k/month. In sg, he is P1 qualified with S$8k/month. He said 8k in sg is nothing, room rent already 2.5k, 2k for others. left 3.5k but cannot live like a KING.
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What kind of room rental costing S$2.5k? That could be as much as rental for whole unit of HDB 4 rooms flat. If he can't live well with S$8k in Spore, he will hardly survive with RM8k in KL. Have you lived in both locations to make a comparison on the different in cost and standard of living?

This post has been edited by wi1s0n: Feb 3 2012, 05:33 PM
wi1s0n
post Feb 3 2012, 09:44 PM

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QUOTE(Aloong @ Feb 3 2012, 06:11 PM)
Not sure I shd discuss this here or in Investment thread.

For those of you earning in SGD, can share what is your investment portfolio likes to grow your savings "safely"?
Any advise on "safe" investment, like FDs, bonds, unit trust, blue chips equity, etc etc?

Lets not talk about transfering to Msia for investment, as I beliv we've discuss that before, and it boils down to how certain you are on the excahnge rate movement and where u gonna use ur money eventually.  I'm discussing about invest / building  flex.gif  the money in SGD for future SGD use.

What I know is, blue chip stocks are pretty okay, provided you choose the safe ones and go in at the reasonable price.  i guess 4% dividend yield is pretty decent in SG. But lets not put all eggs in one basket, cos it would look more coloful with diff types basket? no? thumbup.gif

Im not sure about FD rates, but i heard it's less than 1%, probably 0.5%? Anyone knows?

Hows the unit trust market here or the bond market?   hmm.gif

Lets not discuss about property as well, as that's a big item, unless ur talking about REITs. Any recomendation?

If you guys feel this discussion is too wide to be put here, I can creat a new thread for Working in SIngapore: Investments Options, under the Investment thread.
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Here is a good ref site for you to do a bit of homework on the past performance of unit trust funds available in Spore - http://www.dollardex.com/sg/index.cfm?curr...estUTgraph/home

At today economic climate, you can easily burnt your pocket regardless what you are going to investing in. If you follow on financial news closely, you should know better what and when to invest, rather than getting opinions from a general forum.


Added on February 3, 2012, 9:48 pm
QUOTE(joe_star @ Feb 3 2012, 09:26 PM)
Hi, quick question i'm dropping in here on my gfs behalf. She's working right now in HR in KL getting around RM2.4k/month as a HR exec for around 1.5 years. Recently she went for an interview with a company in SG for a similar position & they are offering SG$1.9k salary. Is this the average range of salary for her position in SG? Would you guys think its a worthwhile move for her?
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What's her qualification and if her qualification is recognised in S'pore? 1.5 years can be considered still fresh. Perhaps you should compare the actual net earning after deducted all her cost and expense. Beside monetary consideration, there are many other more important consideration like lifestyle change, family, BF relationship, etc.. that could be affected as well.

This post has been edited by wi1s0n: Feb 3 2012, 09:48 PM
wi1s0n
post Feb 5 2012, 11:00 AM

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QUOTE(seantang @ Feb 4 2012, 02:49 PM)
Salary alone is more than that. Plus all the agents fees, govt fees, insurance, checkup, install surveillance camera, buy safe to keep valuables etc... much more. Then the maid also need to makan, minum, mandi, main, tidur, tidur+main... all who pay?

Getting a maid just cost my brother RM130,000++. Had to buy a MPV because the sedan cannot fit 5 family members + 1 maid.
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Not to forget to get prepared for the maid to cabut with your belongings after few months. The rate is easily more than 80% according to a friend who own a maid agency.

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