Does Someone who earn s$800K annually considered RICH
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Does someone who earn s$800,000 per year considered very well of, or i would say the ELITE group in Singapore..and What is your minimium of annual salary in order to be considered very well off??
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so little nia ah.
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Rich = can buy a new bungalow at Orchard once every year.
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Rich = Can buy a new bungalow @ orchard once every week
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to me quite rich liao lo..
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It takes only 2 years to be able to fully own a landed terrace in Bukit Timah......i think the amount of people who can achieve only account for top 2% of singapore population
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Originally posted by Daisuke-kun:
Rich = Can buy a new bungalow @ orchard once every week
Tat one is Warren Buffett wor...
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hmm.......if u earn 800K a year....2 year who be 1.6 million and a terrace in Bukit Timah cost around 1.3million, and so it can fully own the property, and he can also buy audi R8 with cash which cost around s$450k.....its my view though...
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800k per year...one month 60k+..not enough i dunno what to say..
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Originally posted by Weida2001us:
Does someone who earn s$800,000 per year considered very well of, or i would say the ELITE group in Singapore..and What is your minimium of annual salary in order to be considered very well off??
are u talking abt yrself ha???? dont be shy leh, r u gal, u have bf yet???hee hee
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If earning S$800,000 annually, that's more than what the US president is earning.
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Originally posted by 333225520:
If earning S$800,000 annually, that's more than what the US president is earning.
Eh? Our dear Uncle Lee is earning S$3 million a year. So much i dont even know how he spend it every year.
Perhaps convert it to hell notes for future usage?
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Originally posted by ceecookie:
Eh? Our dear Uncle Lee is earning S$3 million a year. So much i dont even know how he spend it every year.
Perhaps convert it to hell notes for future usage?
Cause it is harder to manage tiny Singapore than US. So Uncle Lee need to pay himself more to attach more "talent" mah. Let's move on. -
Originally posted by 333225520:
Cause it is harder to manage tiny Singapore than US. So Uncle Lee need to pay himself more to attach more "talent" mah. Let's move on.
Of course la LKY earn more la.US president only need to fight terrorists in Iraq/Afghanistan .. so easy.
Our poor Lee empire need to fight dengue mosquito in Bishan and Toa Payoh leh ... Of course can justify the 3million/yr.
You know how to manage the workers to spray mosquito meh ? dunno right. thats why must pay 3million for top talents to manage
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800k a year is damn freaking lots okay..
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Originally posted by KungPaoChicken:
Tat one is Warren Buffett wor...
Warren Buffett's annual salary is only $100k. Dont count his personal investment dividends and capital gains. He try to keep Berkshire's overheads to 1%.
$800k considered rich already.
Definition of rich IMO:
Rich: annual income of $1mil
Super rich: Networth of $100mil above
Ultra rich: Networth of $1 Billion above
So everyone, lets think in networth haha...
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if you have to work to earn 800k a year and you spend 800k a year, you are not rich.
if you don't have to work and still earn 40k a year and you spend <40k a year, then you are rich
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im fine with 800k per annual.
reli...
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ok this sound like quite mei chu xi but 80k annually i tink i oso quite good oready.. given my frugal way of living..
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I'll be happy with just $80k a year for now. =(
(of course, the more the merrier lah)
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800K still not called rich? Some CEOs of MNCs in Singapore dun even earn that amount in salaries and bonuses, but with stock options maybe. So if you are earning that amount and think you are not rich, you are a sad person hehehe
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800k, what can youdo with it?
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Originally posted by toyota-corolla:
800k, what can youdo with it?
buy many toyota corollas
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800k can be alot or little depending on how you use it...
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for me 800k is
