What should I do!!!

last SG · 2007-05-19T18:08:32+00:00

it seems your wife is afflicted with greed. the best remedy for greed is generosity. maybe you should take her to 3rd world countries and do a bit of chari...

shade343 SG

No wonder he feels very tired, the wife got 60% lifesteal. Laughing

bengan35 SG

aiyo … ask her wats she really wants … if u dare ask her go buy one condo (freehole ) and w8 to lor .. see lar .. if she fail … go make a will lor all give ur kkids

rmyfrm SG

Don't read this the wrong way ...

Have you spoken to your lawyer yet?

With girls like that you can never be too careful; best to seek pre-emptive advice on how you can best reduce your liabilities should divorce occur. The way it sounds, seems like she's going to be able to take at least 50% + ongoing maintenance of an incredulous sum. Not to mention that courts very often award custody to the mother (and I don't base this on any medium of mass media either (i.e. true facts)).

Seek therapy with your wife. You sound like a big successful guy; put your ego (and hers) behind each other and seek out therapy together. It's the best way to resolve differences, find new understanding and it will save you alot of legal/ancillary costs in the long run.

I'll be happy to put you in touch with competent family law litigators; and contrary to another of my post, will be from a different firm instead (cannot take sides!).

rmyfrm SG

BTW, just wanted to let you know your wife is not wrong in asking you to purchase properties.

If you were to die tomorrow and assets of yours which fall into certain categories total up to be over a specific government specified figure, a tax will be applied, leaving your family with less.

Don't read into this any evil conspiracy by our government; it's a system that works and keeps our economy in good shape -> Singaporeans reinvesting into Singapore.

rmyfrm SG

Also, you do realise that you can set up a trust for your son that will be tax-free right? That's an easy way to get the missus off your back; take out policies/long term investments (e.g. consistent buy-ins) that pay out for your retirement. That way, you don't have to be overtly paranoid and worried because the risk profile is usually very low, and you get insurance for yourself, your wife and your kids. If your wife cannot appreciate the stability in your decision, then you ....

good luck.

EDIT: Since you have so much liquid cash, just pass an amount to your partner, let her go play forex or do web-based speculation:

2-fold:
1) She realises that speculation is gambling.
2) She will find something else to do besides bothering you.

BTW, with so much cash, I'm guessing you're with some premium divisions of certain banks (or have a p.banker) .. how come your wife still bothers you? Don't you bring her to see your relationship manager ... those guys shd be able to easily help you get her to see straight.

letgostress SG

Thanks for your concern.

I did propose to give her $100k to invest whatever way she wants, but she deny.

We do have private bankers from some big banks. After talking to them, I realise their competencies in wealth management is very superficial. No offence, how can I trust a 'fresh graduates' or young rookie to manage my wealth. Most of the time, they cannot answer my query about investment.

Ok, I think this is my problem that I have to manage myself.

Thanks.

curryman SG

Boys and girls....this shows that money cant make pple happy.

Lets just hope Letgostress can solve his problems.

rmyfrm SG

I understand your concerns. Citigold is a fine example of choosing young and beautiful relationship managers to be the public face of that division.

But don't forget also that the banks don't just hire anyone; usually only the most competent of the graduating cohort gets employed, and of that entire batch that enters the firm on orientation day ... only a few get chosen to be at the frontline, especially for the premium divisions like Citigold where your assets/investments have to be *cough*.

If they cannot answer your questions, I think they usually call their supervising manager (usually a VP) in ... and he should be able to clear all your concerns and queries. As far as I'm aware, the PS citigold branch always has a senior r'ship manager on standby incase "young and beautiful" does not render satisfactory assistance; besides, you get free parking at PS too!(paragon branch as well)

Of course, you cannot expect them to answer questions like "do you think I should short sell (insert currency) now?"; their job is only to advise, and beyond that, it's your call and your call only. No bank will provide that kind of service, only p.bankers.

Anyway good luck! If you really need to let off steam you could always punch her in the face and then say you're sorry Laughing

racingmafia SG

Shocked ...tats bad for the kid...

racingmafia SG

Laughing

dreamykite SG

maybe it’s bcos you have spoilt her somehow, that’s y she becomes more and more materialistic. Do your wife work or she is a housewife?

racingmafia SG

well...im having a picture of wads going on with ur problem...cos i jus happen to be the kid of a family like urs. My dad did not choose a divorce but my mom did. Dad was was a well off man but mom was an ambitious woman. For me at the point of time i reali hope they will divorce cos i tot they might be happy going on their own way. But after 15yr, now my mom is with a property tycoon and my dad got himslf a new family. so now sometimes when im with my dad a pubs drinking he will be complaing about his wife be lazy or blah blah...and sometimes when im at dinners with my mom she will be asking "hows ur dad doing? Your dad is a good man...if we ain't divorced things might be different now." I tik dirvoce doesn't solve the problem...and i also tik the main problem is not on the "money" issue. Its about understanding...and wad the topics u both talk abt? i hv my own family now and i always remind myslf not to follow my parents foot steps. i always keep my "actual savings amout" from my wife and i dun ask "baby how much are u making?" i always put it in a way that urs is urs ,mine is mine dun come over my line of fire. Besides that i will at least buy 2-3 gifts a month and she will as well. we try to keep the $$$ topic away unless if we reali have to talk abt it. I wld prefer to talk more to her abt " baby where shld we go for short holidays?", "baby y dun we go for makeover photo shoots to keep more memories?"...well i mean besides $$$ topic have u tried to reali find besides $$$ wad is she intrested? cos i strongly believe for every money loving person they lov $$$ because they are going to use it on something the reali like to do in life. Have u found out that abt ur wife?

rmyfrm SG

This is the single, most sincere and truthful response I've read in the entire thread (and in my limited wanderings around sgForums).

Divorce affects children; those who deny it are in self-denial. Put your kids first and your problems second.

tophero SG

valentinoo SG

u must show who is the MAN lah..why let ur wife go all over you..? dont be a doormat dude. Control your WIFE! Be a MAn do the right Thing!

Illegal Operation SG

Troll alert. Troll alert.

Please do not feed the troll

JackOT SG

I don't really believe the thread starter's words.

Maybe he thought there are many millionaires in Sgforums.

letgostress SG

My private banker is a Senior Manager. I am a value investor, I don't short stocks. Really appreciate your concern. Cheers Smile

letgostress SG

Thanks for giving me insight about how my kid will experience.

I will not divorce. The only way out is to fulfill my wife's dream. I will stick to my way of wealth creation, not speculation. It is my responsibility to influence her. Thanks.

letgostress SG

Thanks curryman for standing at my side.

However, money is still important. It is better to have money problem rather than no money problem. I believe many Singaporeans are many times wealthier than me. I don't think they have the same problem as me. I feel better now, I think I can resolve it. Cheers.

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