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Is My Salary OK?

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Well there are some people who don't enjoy being bosses?

Will you respect their choices?

Why on earth would anyone in the world choose a position of subservience over of a position of command? It goes against the very fabric of human nature.
 

saratogas

Alfrescian
Loyal
Yup! Make one self rich without much effort... Thats why Singapore Pools is earn huge profit. People HOPE to strike TOTO...
 

tanwahp

Alfrescian (Inf)
Asset
Why on earth would anyone in the world choose a position of subservience over of a position of command? It goes against the very fabric of human nature.

Are you certain that self-employment is command and employment is subservient? A lot has to depend on what you do and where you are.
 

hawker

Alfrescian
Loyal
Are you certain that self-employment is command and employment is subservient? A lot has to depend on what you do and where you are.

Agree. The CEO of MNCs eg Apple, Microsoft are employees too. Depends on what position are you and what company you are in sometimes.
 

chonburifc

Alfrescian (Inf)
Asset
for that amount to last for 13 years, everything has to go according to plan without the slightest hiccup. life is never so predictable. there are many perils along the way, just when he thinks he can coast smoothly. an syt may show up, and he may fall crazily in love. a sudden medical condition may warrant high expense. a sinkie scam may be so convincing he parts with a huge sum. an online nigerian or belarussian fraud may trick him into cutting a big check. relatives, friends and even family may need monetary assistance and borrow large sums. etc. he needs at least a 20% extra buffer and cannot rely on precise calculation down to the dime.
Have to disagree on the buffer and will become a never ending story. How much buffer is enough? Along the way, many 'what if' questions will come up and the original planned retirement figure will be revised again and again till eternity.

One thing retirees wannabe need to take note is the amount of free time and the boredom. This can become a major expenses unless all you do is log on sbf the whole day.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Are you certain that self-employment is command and employment is subservient? A lot has to depend on what you do and where you are.

Nothing is absolute in this finite world. However, when you're self employed, you set your own goals, choose the strategy for achieving them and revise them as you deem fit.

As an employee, your options are far more limited. Ultimately, you are dancing to someone else's drum beat and not your own.

I've been in both camps and I pass judgement based on my own experiences.
 

shawna

Alfrescian
Loyal
Are you certain that self-employment is command and employment is subservient? A lot has to depend on what you do and where you are.

i wont exactly conclude that statement. it all depends.

have u read the rich dad and poor dad?

if u r smart and adventurous enuff, u will explore the passive income. most people earn income from your either employment or biz... this is called the active income. is it enough to earn active income?

have u explored the passive income? passive income makes the difference to your financial independence.

when u have passive income, that means u are in command of both your employment or your own biz.
 

tonychat

Alfrescian (InfP)
Generous Asset
i wont exactly conclude that statement. it all depends.

have u read the rich dad and poor dad?

if u r smart and adventurous enuff, u will explore the passive income. most people earn income from your either employment or biz... this is called the active income. is it enough to earn active income?

have u explored the passive income? passive income makes the difference to your financial independence.

when u have passive income, that means u are in command of both your employment or your own biz.

These sinkie shits in this forum only read poor dad and sinkie dad.

Rich dad seems impossible for them, so they need to suck PAP dick to earn a living.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
One thing retirees wannabe need to take note is the amount of free time and the boredom. This can become a major expenses unless all you do is log on sbf the whole day.

It would seem that many of you have a misconception regarding the definition of "retirement".

In your case, the term "retiree" conjures up images of someone hanging around at home with nothing much to do living off a measly pension or limited savings.

My vision of a retiree is someone like Bill Gates or Richard Branson or the late Steve Fossett or Jim Clark. (founder of netscape) ie people who no longer have to work for a living, who have fulfilled their goals and who now spend their time and their money realising their other passions.
 

hawker

Alfrescian
Loyal
Boss,

Your definition of happiness is : Loads of $, loads of time for passion, child-less, non-committment to marriage.

Others could be : Enough $ to get by for today and not too distant future, decent paying job, have kids, have wife.

To each his own.
 

chonburifc

Alfrescian (Inf)
Asset
It would seem that many of you have a misconception regarding the definition of "retirement".

In your case, the term "retiree" conjures up images of someone hanging around at home with nothing much to do living off a measly pension or limited savings.

My vision of a retiree is someone like Bill Gates or Richard Branson or the late Steve Fossett or Jim Clark. (founder of netscape) ie people who no longer have to work for a living, who have fulfilled their goals and who now spend their time and their money realising their other passions.
Have to admit Zho Bo Lan was one of my passions but definitely not one to be hanging around at home. Unfortunately, me not highly educated, so any other passions than zho bo lan and chasing girls will not and don't intend to realise. :smile:
 

tonychat

Alfrescian (InfP)
Generous Asset
Have to admit Zho Bo Lan was one of my passions but definitely not one to be hanging around at home. Unfortunately, me not highly educated, so any other passions than zho bo lan and chasing girls will not and don't intend to realise. :smile:

why not spend your cho bo lan time to read more books to get educated.. Then you will realise and create some passion beside chasing girls.

my passion is bashing sinkies..
 
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