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Anonymous
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Markus
25 Nov 2021
Real Estate Consultant at Propnex Realty
Based on SingStat, household income is growing significantly. If your personal wage isnāt, you should look into the underlying reasons (specifically productivity). Suppose I help the company earn the same amount of dollars every year, can i expect them to increase my salary every year? I would work on improving my skills and increase my value and productivity. Try to move away from labour-intense and low-skilled jobs, wages there donāt grow.
Other than that, you can look for ways to grow and accumulate wealth. The ease of entry to the investing world is high. There are many options out there now, same for the information and experiences shared. The best part is, you arenāt taxed on your investment gains.
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Focus on achieving your goals.
12 people in Singapore had $1-1.67m at their fingertips to play around with.
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$200k back then might have felt like 1.2 Mil now. Printing of money and devaluing the dollar will benefit assets with pricing power. Invest.
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Which is what i have been telling people who "invest" hdb that the next generation will suffer. hdb ...
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