*Official* MasterLeong Thread

[Genosis]

maybe 2017 u can go japan holiday and explore their economy hehehehe

If I ever go Japan, I am definitely rather explore other things than their economy.....hehehe

 

[Genosis]

I think its much bigger than that. 40k sounds pathetic, given that fresg grad at DSO are already getting >60k pa package. And I believe DK's annual pay package is already more than twice of 40k. DK am I right?

Dun sexpose me leh..... not more than twice lah

 

[Asphodeli]

Dun sexpose me leh..... not more than twice lah

moi celery only barely above credit card minimum income nia

 

[lewissac]

8 figures.. assuming is 10,000,000
2% aum fee is 200k per year leh
divided by 12 months 16k salary per month
how can u turn down such an amazing offer?
makes no sense hahahahaha

Haha sometimes we need to say NO for some great stuff in exchange for personal well-being.

 

[MasterLeong]

haha no la i doing IT. just saying that given such a work history, most likely end up is near the bottom of the barrel therefore retail and/or F&B unless you apply at EDMW Capital or something

but then work retail/F&B still got "class" one la. can go work at starbucks and jio xmm baristas

https://edmwcapital.blogspot.sg/

can try applying now lol

 

[MasterLeong]

moi celery only barely above credit card minimum income nia

I cannot even apply for credit card lol

 

[Genosis]

8 figures.. assuming is 10,000,000
2% aum fee is 200k per year leh
divided by 12 months 16k salary per month
how can u turn down such an amazing offer?
makes no sense hahahahaha

I can't divulge the details in the contract offered.....but trust me, the amount of fees is not worth the trouble and amount of effort I need to put in really is no joke

There are penalties if I dun fulfil some of these targets....

I am risk-adverse.....so after consideration, I did not sign on the dotted line

But if I am 23 years old right now, I would sign without hesitation

 

[Asphodeli]

I cannot even apply for credit card lol

lol can apply one, pledge cash in fixed deposit as collateral lor.

 

[starfish.starfish]

I have a feeling he approached me not bcos my skill damn satki (many professionals have more satki investment skills than me) but bcos he trusts me......hahaha just my feeling lah

It's much more difficult to find someone you trust than to find someone more competent, so it makes sense for him.
Too bad you didn't take it. Lol

 

[MasterLeong]

lol can apply one, pledge cash in fixed deposit as collateral lor.

lol like that i rather continue using my posb debit card hahahaha

 

[MasterLeong]

I can't divulge the details in the contract offered.....but trust me, the amount of fees is not worth the trouble and amount of effort I need to put in really is no joke

There are penalties if I dun fulfil some of these targets....

I am risk-adverse.....so after consideration, I did not sign on the dotted line

But if I am 23 years old right now, I would sign without hesitation

say earlier la hahahah

got penalties then is not so good as it seems liao

like that he really not sincere la... he should just outsource to professionals

 

[starfish.starfish]

I cannot even apply for credit card lol

That's why I want to keep some credit cards with no annual fee so that if I lose my job I still can keep credit cards for emergency.

 

[madtari]

You mean this card?
https://www.citibank.com.sg/gcb/credit_cards/prestige-credit-card.htm?icid=SGCCURHENCTCDCALM

moi celery only barely above credit card minimum income nia

 

[akwl88]

You mean this card?
https://www.citibank.com.sg/gcb/credit_cards/prestige-credit-card.htm?icid=SGCCURHENCTCDCALM

Age:
Primary cardholder: 21 years old and above.
Supplementary cardholder: 18 and above
Minimum annual income of S$120,000

 

[MasterLeong]

That's why I want to keep some credit cards with no annual fee so that if I lose my job I still can keep credit cards for emergency.

credit cards for emergency is suicide leh

keep 6-12 months cash for emergency better ba

 

[Genosis]

say earlier la hahahah

got penalties then is not so good as it seems liao

like that he really not sincere la... he should just outsource to professionals

No lah.....that's how the real world works, my friend The contract was drawn up by his Singapore lawyer.....In fact the contract shows that he is serious and sincere IMO

It is not as simple as logging into trading account and press buy/sell with no consequences

If it is that simple, he can do it himself liao

 

[MasterLeong]

I can't divulge the details in the contract offered.....but trust me, the amount of fees is not worth the trouble and amount of effort I need to put in really is no joke

There are penalties if I dun fulfil some of these targets....

I am risk-adverse.....so after consideration, I did not sign on the dotted line

But if I am 23 years old right now, I would sign without hesitation

btw how did u get to know your mentor and what did he teach u about?

 

[lewissac]

I cannot even apply for credit card lol

Wah, with your financial status, no need apply credit card la. Say wan buy furniture need 25k, U straight tell the seller, can pay cash bo, cuz dun have credit card. Cfm the seller jaw dropped.

 

[Genosis]

btw how did u get to know your mentor and what did he teach u about?

It's a long long boring personal story......

 

[MasterLeong]

No lah.....that's how the real world works, my friend The contract was drawn up by his Singapore lawyer

It is not as simple as logging into trading account and press buy/sell with no consequences

If it is that simple, he can do it himself liao

if want draw contract etc... he should just engage professional manager la.... should not even find u

its like if u help your dad manage portfolio, need write contract meh... all about trust ma