Originally posted by insidestory:Nobody else believes the figures you pulled out of your arse. haha.
Just cos you think you're Ashley Cole, doesn't make you.
see workforce report link in first post
yes this thread is about workforce *gasp* not tax
Originally posted by insidestory:See? Your aunt is one of these statistics above used by these fucktard low-IQ, temasek review nutjob fans to brandish their agenda and further their cause. LOL!
Part-timers statistics isn't a good indicator.
I'm actually more interested in the full-time's 15%. That would be interesting. My idea is if one seeks social relevance after attaining financial freedom, one would prefer working part time than full time.
So these 15% probably need some social aid.
Originally posted by eagle:This is something interesting about the report before someone continues to harp on 21%.
The part in red tells me that many part timers earn below $1.2k, so much so that they can raise the percentages from 15% to 21%.
2% of the parttimers are aged 15-19. the rest are 20 & above (age 20-49 forms 69.8% of the parttimers)
Originally posted by eagle:My idea is if one seeks social relevance after attaining financial freedom, one would prefer working part time than full time.
So these 15% probably need some social aid.
my idea is there will be groups who are unable to attain a full time job and had to settle for part-time.
also, 21% of the population earns less than $1.2k
Originally posted by Zweiz:2% of the parttimers are aged 15-19. the rest are 20 & above (age 20-49 forms 69.8% of the parttimers)
Huh? How does that link?
How many of those aged 20-49 are housemakers seeking to make some extra income for the family? Do you know how many hours are they part timing?
I do part time work on top of my full time job, and to earn $1.2k requires about 15+ hrs from myself, or roughly 4 extra hours a week. But again, as I have mentioned, I'm the minority.
Originally posted by eagle:Hmmm, appears you have grossly misunderstood. Which post of mine did I mentioned it is everyone who earns <$1k per month are rich retirees renting out their properties or couples with a high earning spouse.
Please kindly point out. Thanks.
you put words in my mouth, i put words in yours. fair's fair.
Originally posted by Zweiz:my idea is there will be groups who are unable to attain a full time job and had to settle for part-time.
also, 21% of the population earns less than $1.2k
That makes sense, but you still didn't get my point. Perhaps I wasn't clear, or maybe I really wasn't.
To put it clearly, what I meant is some of these 21% choose to earn less than $1.2k because they do not need the money. So it isn't a big hoo-ha.
But of course, I do not deny that there are groups unable to attain a full time job and had to settle for part-time. Agreed.
Originally posted by eagle:Part-timers statistics isn't a good indicator.
I'm actually more interested in the full-time's 15%. That would be interesting. My idea is if one seeks social relevance after attaining financial freedom, one would prefer working part time than full time.
So these 15% probably need some social aid.
I know a few people who have achieved "financial freedom" but prefer to work full time. Their reasons for working despite not needing to, are social ie the need to feel like they're socially connected and the need to be their "own person" and not end up being a "nobody".
Driving a cab in my opinion doesn't provide much social connection because it's by and large a highly solitary job. I do know a number of relatives and acquaintances who married rich and do not need to work but continue to work full time. When the children come, they cut down to part time (popping in every 2 days or 4 hrs each day for 5 days) or working from home ie freelance.
Its not new that many professionals, especially those who used to hold rather important positions, feel a sense of 'loss' after they retire. People used to gravitate to them due to their appointment at work. Don't you realise that when you're working, people like others in the industry or industry partners (those from collaborative industries) approach you, talk to you, come to you ONLY BECAUSE of the appointment you have? Once you're retired, they no longer. Were you guys friends? Why did they call you before? Because you were handsome? No, it was cos of work.
After they retire, they suddenly feel emasculated.
Originally posted by Zweiz:you put words in my mouth, i put words in yours. fair's fair.
Please la. I used someone.
You totally ignored and didn't appear to agree that there are people with high earning spouses that are in that 21% bracket.
I have put it at the very front that my intention was to show that this statistics isn't very representative because of the sentence:
In my view, the above statistics clearly indicate that many Singaporeans may not be better off over the last decade or so.
Clear now? Any thoughts?
Originally posted by insidestory:I know a few people who have achieved "financial freedom" but prefer to work full time. Their reasons for working despite not needing to, are social ie the need to feel like they're socially connected and the need to be their "own person" and not end up being a "nobody".
Driving a cab in my opinion doesn't provide much social connection because it's by and large a highly solitary job. I do know a number of relatives and acquaintances who married rich and do not need to work but continue to work full time. When the children come, they cut down to part time (popping in every 2 days or 4 hrs each day for 5 days) or working from home ie freelance.
Its not new that many professionals, especially those who used to hold rather important positions, feel a sense of 'loss' after they retire. People used to gravitate to them due to their appointment at work. Don't you realise that when you're working, people like others in the industry or industry partners (those from collaborative industries) approach you, talk to you, come to you ONLY BECAUSE of the appointment you have? Once you're retired, they no longer. Were you guys friends? Why did they call you before? Because you were handsome? No, it was cos of work.
After they retire, they suddenly feel emasculated.
Actually I have this army friend who has a business which turnovers $600k p.a.
He reduces the profit reported by buying a lot of stock inventory at the end of the year, thus it appears he makes little profits. That's accounting. In fact, he started with advertising on sgforums marketplace.
Then he had his sales job which nett him about $1++ k a month, which he finally quitted few months ago to concentrate on his business.
Smart person, with ITE or poly cert (I'm not sure). One of my respected friends.
Originally posted by eagle:You totally ignored and didn't appear to agree that there are people with high earning spouses that are in that 21% bracket.
why don't you quote me?
Originally posted by eagle:Please la. I used someone.
You totally ignored and didn't appear to agree that there are people with high earning spouses that are in that 21% bracket.
I have put it at the very front that my intention was to show that this statistics isn't very representative because of the sentence:
Clear now? Any thoughts?
Can't you see that these low-IQ bumpkins who can't understand simple charts and graphs of P6 standards are already set in their ways? They already have their minds made up on their agendas. There's nothing logical or normal you can say that can wake them up from their stupor.
A friend of mine paid income tax all her life until this year at 31, she stopped cos she got tired and quit. She wants to take a break to evaluate what she wants to do with her life and hopes for a career switch, needs to find new direction. Her husband is 3 years younger and is my sec school buddy. He makes $200k per annum and can comfortably support both of them even though technically they haven't attained financial freedom because their condo isn't fully paid up.
Since she's always been a taxpayer since graduation, next yr she'll be listed as one of the "unemployed" 21% who don't even work part time? ahahha.
Originally posted by Zweiz:why don't you quote me?
How to quote when
"You totally ignored and didn't appear to agree"
?
All I know is you said this
a thread about <$1.2k salary and people go a roundabout talking about tax, asset rich retirees, couples with a high earning spouse and poly grads not getting degrees.
Asset rich retirees and couples with a high earning spouse are considered roundabouts by you when to me, it is very in context with being not representative of whether many Singaporeans may not be better off over the last decade or so.
Originally posted by eagle:Actually I have this army friend who has a business which turnovers $600k p.a.
He reduces the profit reported by buying a lot of stock inventory at the end of the year, thus it appears he makes little profits. That's accounting. In fact, he started with advertising on sgforums marketplace.
Then he had his sales job which nett him about $1++ k a month, which he finally quitted few months ago to concentrate on his business.
Smart person, with ITE or poly cert (I'm not sure). One of my respected friends.
turnover $600kpa is actually very little. turnover is not profit, it's not even income (profit = income - expenses). turnover means all the money that come in + go out. So 600k pa for turnover is very little.
if he had a sales job that provided him with as crazy an amount as $100kper month (that's $1.2 million per yr), he should have stuck with it.
Originally posted by insidestory:Can't you see that these low-IQ bumpkins who can't understand simple charts and graphs of P6 standards are already set in their ways? They already have their minds made up on their agendas. There's nothing logical or normal you can say that can wake them up from their stupor.
A friend of mine paid income tax all her life until this year at 31, she stopped cos she got tired and quit. She wants to take a break to evaluate what she wants to do with her life and hopes for a career switch, needs to find new direction. Her husband is 3 years younger and is my sec school buddy. He makes $200k per annum and can comfortably support both of them even though technically they haven't attained financial freedom because their condo isn't fully paid up.
Since she's always been a taxpayer since graduation, next yr she'll be listed as one of the "unemployed" 21% who don't even work part time? ahahha.
epic
Originally posted by insidestory:Can't you see that these low-IQ bumpkins who can't understand simple charts and graphs of P6 standards are already set in their ways? They already have their minds made up on their agendas. There's nothing logical or normal you can say that can wake them up from their stupor.
A friend of mine paid income tax all her life until this year at 31, she stopped cos she got tired and quit. She wants to take a break to evaluate what she wants to do with her life and hopes for a career switch, needs to find new direction. Her husband is 3 years younger and is my sec school buddy. He makes $200k per annum and can comfortably support both of them even though technically they haven't attained financial freedom because their condo isn't fully paid up.
Since she's always been a taxpayer since graduation, next yr she'll be listed as one of the "unemployed" 21% who don't even work part time? ahahha.
Actually, quite a number of my gf's ex-classmates did similar things. But some of them do not have husbands yet la, or do not have such high earning spouses.
Then again, we really do not know what ratio of the mentioned 21% falls within such brackets. It's just a workforce report, and not a family income report.
Originally posted by insidestory:turnover $600kpa is actually very little. turnover is not profit, it's not even income (profit = income - expenses). turnover means all the money that come in + go out. So 600k pa for turnover is very little.
if he had a sales job that provided him with as crazy an amount as $100kper month (that's $1.2 million per yr), he should have stuck with it.
You are right. His profit margin is near to 100% for his stock inventory, and all he needs is about 5-6 staffs.
He found it hard to maintain in his sales job because he's only 2 yrs older than me at 29 yrs old. It's not about the energy, but about people's view and trusts of the younger generation.
Originally posted by eagle:Actually, quite a number of my gf's ex-classmates did similar things. But some of them do not have husbands yet la, or do not have such high earning spouses.
Then again, we really do not know what ratio of the mentioned 21% falls within such brackets. It's just a workforce report, and not a family income report.
no husband or no high earning spouse dare to just quit like this? then how pays for their shopping and basic living expenses of a normal human who wants to have a normal life eg go out with friends on weekend (watch movie, drink bubble tea)? want to buy a pair of cheapo charles and keith shoes also cannot just cos they rather quit because things are less than ideal. and they say Singaporeans aren't spoilt.
Originally posted by insidestory:no husband or no high earning spouse dare to just quit like this? then how pays for their shopping and basic living expenses of a normal human who wants to have a normal life eg go out with friends on weekend (watch movie, drink bubble tea)? want to buy a pair of cheapo charles and keith shoes also cannot just cos they rather quit because things are less than ideal. and they say Singaporeans aren't spoilt.
I heard they were scholars, and before this, had high flying, but super stressful jobs. Their savings can last them for a few years.
They just broke down from the stress and decided to take some breathers I guess.
Originally posted by eagle:You are right. His profit margin is near to 100% for his stock inventory, and all he needs is about 5-6 staffs.
He found it hard to maintain in his sales job because he's only 2 yrs older than me at 29 yrs old. It's not about the energy, but about people's view and trusts of the younger generation.
I find it puzzling cos you said he did so spectacularly well as to make $100k per month. That's not even some people's annual income la (watch teh sour grapes here hurl). If he was doing that well, how could the age be an issue?
Did he make $100k per month consistently every month or 1 month $100k, the next 5-7 months nothing (which is the income pattern of many property agents)
Originally posted by insidestory:I find it puzzling cos you said he did so spectacularly well as to make $100k per month. That's not even some people's annual income la (watch teh sour grapes here hurl). If he was doing that well, how could the age be an issue?
Did he make $100k per month consistently every month or 1 month $100k, the next 5-7 months nothing (which is the income pattern of many property agents)
oops
I mean $1+ k, not $100k
Sry for being unclear
Originally posted by eagle:"You totally ignored and didn't appear to agree"
applies to lots of post in this thread
Originally posted by eagle:I heard they were scholars, and before this, had high flying, but super stressful jobs. Their savings can last them for a few years.
They just broke down from the stress and decided to take some breathers I guess.
What a coincidence. My friend is not a scholar but she married one and so she could quit .But she's no slouch in self identity department and her plan is to figure out what she really wants to do with her life instead of slaving away at a job she's less than happy in. Long term ambition is to earn as much as my sec school bud. She's giving me a measure of inspiration cos I'm tempted to do the same, although it takes courage, because you always wonder whether you're making a huge mistake and by the time you know it, its too late to reverse it.
Originally posted by Zweiz:applies to lots of post in this thread
Fair enough.
It's just a forum anyway, that's why I said enjoy your day earlier :)
All here to have some fun right?
Anyway, pang kang liao. I go out kai kai liao.
Originally posted by eagle:oops
I mean $1+ k, not $100k
Sry for being unclear
If his sales job only made him $1+k per month then he should quit cos nothing much to lose. At least his business has a fighting chance to make it big.