Singaporeans should have at least $300K more in their bank

last SG · 2007-02-01T11:16:17+00:00

The problem is not the outflow of $, it is the cash inflow??? Where can we get the income? Almost all trades our sg gov has their hand in them!!! We dont m...

saffron60 SG

Then, those singaporeans with one job can look for two jobs to double their pay, since they only have one job with pressure from only one job. Double the pressure, double the pay then! And we are back to square one.

AndrewPKYap SG

Singaporeans cannot Malaysians can. We are not back to square one.

<Precious> SG

With such low interest rates, $300K put in the bank will cause you to lose money given inflation........ Laughing

AndrewPKYap SG

What do you suggest then? Blow it all at the casino? Losing it through inflation is still better than having it taken away.

spinsugar SG

$300k..putting that in a bank is a crying shame, because apparently Singapore banks' idea of "attractive" interest rates start with "0.xxx" Rolling Eyes

Besides, why should I let a big brother siphon my hard-earned money, when I could put my money to good use, however I see fit? Like for eg, starting a business? Completing a fashion degree abroad? Buying prime property overseas? - imagine buying a beautiful retirement house atop a hill with an amazing view, wildlife in your huge backyard and near 2 cosmopolitan towns in Mornington, Victoria, Australia.. still have enough to furnish it.. and buy a decent car!

I've thought of so many possibilities, but the only way (I feel) I can really put a stop to this nightmare is to surrender citizenship, get back my CPF money from the Nannies & get out of the country asap, before my life is siphoned away along with whatever money I've got left.. Neutral Soon, very soon.

saffron60 SG

But you don't have any proof, do you? So go do your homework first before making sweeping statements like these.

foomwee88 SG

I think it is not 9 to talk about malaysian n spore chinese,we r both hardworking but in differance situations now!!!!

The thread is why we shd hve at least S$300k more in our bank as a sporean!!!

We r asset rich but cash poor sporean even though I hve a million $ condom unit n about S$200 k CPF here but I dont hve S$300k cash in my bank now!!!

But when we liquidate it when we want 2 migrate,we will hve more than enough $ to survive in elsewhere!!!

But what TS said is correct !!!my son who is a Doc working from 7am till now has not come back home yet,we dont want his life to b continued like this in spore!!!!
Anyway, I had retired but to tell u the fact that the younger sporeans work as hard as us cauz unemployment rate of professionals is very high in Spore and most of them stressed out after work cauz they wanted to climb up the ladder as soon as they can!!!Pls pay a visit to CBD n c for yrself now all the lights r switching on!!!!

Laughing

saffron60 SG

Yes, if people want to stick to one job 'cos they want to climb the corporate ladder that's their choice, nobody forced them. So it's not fair to compare these people with msian or thai counterparts.

saying things like ''Singaporeans cannot have more than one job but Malaysians can'', doesn't make any sense. At the end of the day, it is up the individual's choice; whether they choose to stick to their career path or diversify so that they can earn extra income.

NotFromVenus SG

I believe Rich Father and Poor Father story have told us that the direction of this argument leads deeper and deeper in to the Rat Race.

Neutral

AndrewPKYap SG

Based on my observations working in Singapore, Malaysia, Thailand. Anyway this is not the topic at hand.

AndrewPKYap SG

PAP "droved" them by their policies of taking away as much of the people's money as possible.

AndrewPKYap SG

Yes, some people tried to "change the subject".

AndrewPKYap SG

Nothing can be more effective in leading people deeper and deeper than PAP take away your money policies!

foomwee88 SG

I agreed with u they r taking away our $ but if they can create $ 4 us 2 make $$$,they r still good mah!!!

But,can they is a big question????

AndrewPKYap SG

That "only" they can and so you must pay up is propaganda! Kuala Lumpur, Hong Kong and Bangkok no PAP but still? While we give credit where credit is due, we speak out when people rob us using legal means!

foomwee88 SG

But I c small n lau lees r better than this Goh who did nothing 4 us just know how 2 please ppls!!

But Spore Gov must listen 2 ppls' views,we r here is not KPKB but 2 reflect the fact in Spore 2 them!!!!

lionnoisy SG

1.low unemployment rate
low crime
roof over head
clean water
hospital...etc

HOW MUCH ALL THEY WORTH?

2.HDB and loan interests
Tell me where you can get free house?HDB rate is 2.6% pa.

3.COE by balloting or mixture auction and balloting

MOH no hospital privatisation

All are part of package of staying in SG.
u will pay more if medical go to private.

4.Losts years of NS Service
Have u invented robot to fight for SG?
or u want foreigners,like Aussie now recruiting foreigners
into their armed force,to fight for us?

5.Dunt expect to eat $1 ice cream in 5 stars hotel.
or a 3 stars Michelin chef serve u in Mcdonalds.

AndrewPKYap SG

So what are you trying to tell us? That if they don't rob us than all hell will break lose? Propaganda doesn't work in an open forum.

lionnoisy SG

2.u have few options.

migrate to MY or other countries
join a opposition party
set up a opposition party and win people to join u.
spring a coup--

Just do it.

AndrewPKYap SG

Wrong, none of the above.

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