*Official* MasterLeong Thread

[Maeda_Toshiie]

LPS sucks man.. I ate their cai png once and never again. Nowadays I bring crackers to eat ($0) or go to Honglim, GS ($5). Will still indulge in more ex food ($7-$18) at most twice a week.

Not been to Honglim in the recent years. Is it expensive? The food was good when I went there years ago.

 

[Maeda_Toshiie]

Those places are wet dreams for programmer man... We have One-North la ...

It's like Biopolis. Just... meh these days.

 

[dolph001]

Less than 500k overall.

how old are you ah?

 

[mazatsushi]

JP locals, expats or local SG? JP companies pay sh!t.

Most within my network in Tokyo are those working as "expats". Meaning Japanese or foreigners working in brand name foreign companies, on highly inflated local packages.

Japanese companies are really beyond hope though. It is the perfect storm of the worst of Japanese corporate culture, the worst of Western corporate culture, low remuneration, high workloads and simmering office politics.

Spent 2 years inside one myself before calling it quits.

That said, very good place to cut one's teeth fresh out of university, and also a very good place to slack and wait for retirement after a certain age

Hey, the Millionaire Next Door book is a great reference (and it's my first book on personal finance).

3. Let them learn how to build their portfolio from scratch with their own hands. Handing them money to invest is NOT a good idea. They have to learn to manage risks and the best way is to do it with their own money.

By the way, does your own experience with this tallies up with the concept of economic outpatient care as written in the book as well?

 

[lioninvestorco]

Not been to Honglim in the recent years. Is it expensive? The food was good when I went there years ago.

can get something decent at $3-$5 dollars like the wanton mee. I usually just order the smallest... eat so much later food coma again

 

[dolph001]

lol.. 32 now. roughly 3k+ per mth.
Travelling getaway is part of my routine since 4 yrs ago. Every yr end I will book all my 4 next yr travel flight/accommodation to either Thailand/Indo without missing. Occassionally HK/Macau if price within means

wa! how you spend 3.5k per month?

I go diving (its more ex than normal travelling) every 3 months only spend around 2.5k a month

 

[wiz]

India has coders that are cheaper than you. Vietnam is growing its own "Silicon Valley". SG doesn't even have a silicone valley.



I do it as part of my job, but I feel that it is something that is useful for personal use. I think knowing scripting via Perl or Python can be useful for building your own programs to monitor stock prices.


Seriously, I sometimes wish that I have a great idea for fintech and run away from my present work...

cheap without quality is useless these days. I have 6 in india and they are not as productive nor innovative as 1 in LDN.

SG is going to grow as tech hub, the banks, tech giants are setting up shop here for high value work. Just make sure you are better than the FT.

great idea? robotics and any form of automation which either generate revenue or save money will work. The later in my view is easier

 

[havetheveryfun]

LPS sucks man.. I ate their cai png once and never again. Nowadays I bring crackers to eat ($0) or go to Honglim, GS ($5). Will still indulge in more ex food ($7-$18) at most twice a week.

cbd area think only golden shoe and Clifford affordable, Clifford basement has some fish soup/wanton mee stuff for $4-$5.

mbfc style of food court, if u don't mind eating chicken rice or char siew rice everyday, only $3.50.. the rest are exorbitant prices

 

[Maeda_Toshiie]

Most within my network in Tokyo are those working as "expats". Meaning Japanese or foreigners working in brand name foreign companies, on highly inflated local packages.

Japanese companies are really beyond hope though. It is the perfect storm of the worst of Japanese corporate culture, the worst of Western corporate culture, low remuneration, high workloads and simmering office politics.

Spent 2 years inside one myself before calling it quits.

That said, very good place to cut one's teeth fresh out of university, and also a very good place to slack and wait for retirement after a certain age

Oh? So you are working in JP but for a non JP coy?

By the way, does your own experience with this tallies up with the concept of economic outpatient care as written in the book as well?

Not personal experience, but what I've seen among friends and relatives. That really click in with what I read from the book.

 

[Maeda_Toshiie]

wa! how you spend 3.5k per month?

I go diving (its more ex than normal travelling) every 3 months only spend around 2.5k a month

Speaking of diving. An expat friend here who does diving said that SG is probably the one of the best places for a diver to base at, in terms of diving spots available in the region, and the development/security of SG. Other regions in the world with great diving spots tend to more 3rd world. Australia with the GBF probably rivals SG, but it's more isolated.

 

[Maeda_Toshiie]

cheap without quality is useless these days. I have 6 in india and they are not as productive nor innovative as 1 in LDN.

SG is going to grow as tech hub, the banks, tech giants are setting up shop here for high value work. Just make sure you are better than the FT.

great idea? robotics and any form of automation which either generate revenue or save money will work. The later in my view is easier

Yeah but in a cost cutting exercise, the management doesn't care. Oh sure, you can get high paying software engineering jobs, but the requirements are high. In the words of a CTO in an investment firm: "I'm looking for a superstar".

 

[havetheveryfun]

Yeah but in a cost cutting exercise, the management doesn't care. Oh sure, you can get high paying software engineering jobs, but the requirements are high. In the words of a CTO in an investment firm: "I'm looking for a superstar".

then what career or job do you think is the best value for money/best value for time/best value for effort in sg ?

 

[mazatsushi]

Oh? So you are working in JP but for a non JP coy?

Yup. Doubt I will ever try another stint at a Japanese company unless it is a very well paid director level position or above. Ironically, many locals here rise through the ranks at foreign companies, before hopping back into Japanese companies to see out retirement.

Not personal experience, but what I've seen among friends and relatives. That really click in with what I read from the book.

Woah, the book's research is some really amazing stuff

cheap without quality is useless these days. I have 6 in india and they are not as productive nor innovative as 1 in LDN.

SG is going to grow as tech hub, the banks, tech giants are setting up shop here for high value work. Just make sure you are better than the FT.

great idea? robotics and any form of automation which either generate revenue or save money will work. The later in my view is easier

TBH I doubt SG will ever succeed in growing any semblance of a software industry, let alone a tech hub.
That approach has failed several times since the last decade.

What I see instead in its current path leading to an outcome very similar in Japan's tech industry, whereby locals are mostly trained up to be project managers who will then go on to manage offshore contractors, unless you are doing cutting edge technologies.

Reason for that is because tech as an industry is knowledge and manpower intensive. Capital costs are just about the only controllable fixed cost so outsourcing to low cost destinations is still very viable, except India with its highly questionable work ethics

 

[dolph001]

Speaking of diving. An expat friend here who does diving said that SG is probably the one of the best places for a diver to base at, in terms of diving spots available in the region, and the development/security of SG. Other regions in the world with great diving spots tend to more 3rd world. Australia with the GBF probably rivals SG, but it's more isolated.

equatorial waters do have the best diversity. GBF is not that fantastic actually when compared to Raja Ampat. I think that's the ASEAN's best dive spot for me so far. 11/10 LOL

 

[Maeda_Toshiie]

It was finance, but now maybe not. One perennial way is the government service.

 

[Daimon]

Our government created a whole generation of do-ers, not think-ers with our education system. Yes, we maybe number 1 in maths, science whatever. When it comes to true innovation, we will never be at the cutting edge. It is probably too late to change anything now no matter how many one north they create, how many blog/strait times articles they write to blow trumpet. It will take another generation under a different education system => another 20-30 years lol.

We produce neither thinkers nor doers......

Just some academic nerds

 

[luxcan]

Hey, the Millionaire Next Door book is a great reference (and it's my first book on personal finance).

Oh my god, same here! I picked up the book by chance while I was heading for my weekday guard duty (at another camp) and it had changed my thoughts ever since. The idea of living within your means and understand that by "looking rich" doesn't mean you are really rich.

I must admit after reading the book, I tried to adjust my lifestyle and it took me a couple of years to do it (plus frustration when you realize you are not saving as much for investment).

 

[Average]

How old are you and how much are you earning? I think it sounds okay la (quarterly, weekend and ASEAN travel). Personally I okay with spending up to 1 month of my earnings on yearly travel.

uncle not drawng salary?

*seldom hear ppl say "earnings", machiam company earn money

Sent from 穷小子 using GAGT

 

[MasterLeong]

Impeccable timing!

Just finished an online conversation with friends who were complaining about credit card debt.

The cause? They spend excessive amounts of time and effort to look rich instead of accumulating wealth

too much of the YOLO life

want to show off too much on social media gg max

 

[MasterLeong]

why tech and tourism lol

dont ask me, its PAP who made the decisions

u go look at the white papers... tech they pumping like siao already, jurong area will have sooooo much development

tourism they already invest so much into stupid things like gardens by the bay...