Proud? Like I said before this post was not looking for that. If you feel the need to compliment then sure you have every right.taxico wrote:since you're in singapore, and we're talking about "net worth" then i don't think banks will discern if you're an expat or not. what banks will do is treat people of certain occupations better.mark1231414 wrote:...So knowing that for the most part expats in SG tend to be successful what would someone need to earn and have as a net worth to be consider well off? Since I started this thread I can give you my stats:
2. Salary last year: SG$525K inclusive base/bonus/stock
3. Net worth:
- Stock/Investment assets: SG$1.46MM
- Apartment equity: SG$150K
Note a couple things:
1. I am an American born Asian if that makes any difference.
4. Yes this is only talking about white-collar workers.
IIRC, most banks categorize people with 100,000/200,000 to 350,000 of investable dollars as the "rising rich" (depending on which bank).
private banking services become available when you have $1-2m in the bank and wealth management services for those in-between (again, bank dependent).
on the lower end, people with 10,000/20,000 to 100,000/200,000 may be considered "rising rich" too - a new segment some local banks are anxious to court.
whether you're a white collar worker or not doesn't really matter to the bank; they look at your balance/portfolio/history before conferring a status on you.
eg, good hawkers or established shop keepers rake in good coin and don't know what else to do except upgrade their cars and get regular pricey but lousy perms (hair) (rim shot).
eg, some people may more than you do but have a lot of debt or spend them off with nothing in the bank account to show for... if i were a banker, i doubt they will be considered "well off."
my opinion: i think "well off" is probably within the $350,000 to $1m mark (in investable assets).
congrats! the asian'ness in you must be very proud. allow me to pump your virtual hand. [insert gif here]
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What net worth is rich in SG?
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Re: What net worth is rich in SG?
Jealous of you?!mark1231414 wrote:tsk tsk...tad bit jealous huh?BillyB wrote:I've concluded that his net worth is a couple of inches.....

I probably would be if I hadn't earned more than you when I was 24....
Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.
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Hey won't argue with you there. Thats pretty sweet good at 24.BillyB wrote:Jealous of you?!mark1231414 wrote:tsk tsk...tad bit jealous huh?BillyB wrote:I've concluded that his net worth is a couple of inches.....![]()
I probably would be if I hadn't earned more than you when I was 24....
Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.
Nah I prefer Hugo Boss..
That's right, Mark. It helps supplement my expensive habits - heroin, hookers and coke aren't cheap.mark1231414 wrote:Sucking cock? I'm pretty sure you made a couple pennies on that.BillyB wrote:Jealous of you?!mark1231414 wrote: tsk tsk...tad bit jealous huh?![]()
I probably would be if I hadn't earned more than you when I was 24....
Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.
But at least I don't need to distribute fantasies (Bullshit) about my financial situation on an internet forum to get myself off.
You'd better get back to salting the fries, or are you that intelligent they've put you on burger flipping......
Re: What net worth is rich in SG?
while pun intended, i actually meant "proud" in the best possible sense, and it was a direct response to your need to add that you were an american born asian. was it necessary? an expat's an expat. do american born asians (whatever sort you may be) earn less than their caucasian (whatever sort they may be) peers?mark1231414 wrote:Proud? Like I said before this post was not looking for that. If you feel the need to compliment then sure you have every right.taxico wrote:congrats! the asian'ness in you must be very proud. allow me to pump your virtual hand. [insert gif here]mark1231414 wrote:...So knowing that for the most part expats in SG tend to be successful what would someone need to earn and have as a net worth to be consider well off?
Note a couple things:
1. I am an American born Asian if that makes any difference.
at no point have you tried to make this a proper discussion about "net worth in singapore" and coupled with your extremely tasteless replies to the others have made me feel like the information i put forward was useless (believe it or not, i actually gave you the benefit of the doubt when i typed out my lengthy opinion).
Re: What net worth is rich in SG?
Personally, I like the edits he made to some of the original posts as part of his replies!taxico wrote:while pun intended, i actually meant "proud" in the best possible sense, and it was a direct response to your need to add that you were an american born asian. was it necessary? an expat's an expat. do american born asians (whatever sort you may be) earn less than their caucasian (whatever sort they may be) peers?mark1231414 wrote:Proud? Like I said before this post was not looking for that. If you feel the need to compliment then sure you have every right.taxico wrote: congrats! the asian'ness in you must be very proud. allow me to pump your virtual hand. [insert gif here]
at no point have you tried to make this a proper discussion about "net worth in singapore" and coupled with your extremely tasteless replies to the others have made me feel like the information i put forward was useless (believe it or not, i actually gave you the benefit of the doubt when i typed out my lengthy opinion).
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this is still going on?
if you're looking to rub shoulders with rich folks in the region... try looking for the following kinds of people:
- coal mine owners, metals mine owners
- jewelry shop owners
- indonesian timber factory owners
- garment factory owners
- food processing and trading owners
- food hawkers
- shipbuilding firm owners
- oil rig parts manufacturing company owners
- construction firm owners
- wives/2nd wives/mistresses of any of the above
- first born, legitimate sons of any of the above
to really get acquainted with them, make sure you brush up on your hokkien, bahasa, or cantonese!
if you're looking to rub shoulders with rich folks in the region... try looking for the following kinds of people:
- coal mine owners, metals mine owners
- jewelry shop owners
- indonesian timber factory owners
- garment factory owners
- food processing and trading owners
- food hawkers
- shipbuilding firm owners
- oil rig parts manufacturing company owners
- construction firm owners
- wives/2nd wives/mistresses of any of the above
- first born, legitimate sons of any of the above
to really get acquainted with them, make sure you brush up on your hokkien, bahasa, or cantonese!
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Re: What net worth is rich in SG?
Why do you need someone else's affirmation to accept that you are well off? State of the mind dude! You probably save more in a month than what most earn in a year. Then again you probably earn less than your boss.mark1231414 wrote:Okay this is going to be controversial topic but here goes...one of the things I love about SG is that for the most part if you meet another foreigner there is a high probability that they are a successful professional and probably well-off. It reminds me of Monaco and how it is there. So knowing that for the most part expats in SG tend to be successful what would someone need to earn and have as a net worth to be consider well off? Since I started this thread I can give you my stats:
1. 34M
2. Married + 1 young child
2. Salary last year: SG$525K inclusive base/bonus/stock
3. Net worth:
- Stock/Investment assets: SG$1.46MM
- Apartment equity: SG$150K
Note a couple things:
1. I am an American born Asian if that makes any difference.
2. I will respond so this is not a drive-by post
3. I am sure there will be trolls but hopefully we can keep the discourse clean
4. Yes this is only talking about white-collar workers.
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mark sure seems like a field day you are having here. funny ... i kinda smelled this too from another post too but shhhh ... just in case another bomb gets thrown for some wrong assumptions .. i will leave you to your great fun you are having here. Enjoy!
BillyB wrote:Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.mark1231414 wrote:tsk tsk...tad bit jealous huh?BillyB wrote:I've concluded that his net worth is a couple of inches.....
Sweetgazebo - pipe down you silly old moo and don't continue with churlish remarks. You're some piece of work......sweetgazebo wrote:mark sure seems like a field day you are having here. funny ... i kinda smelled this too from another post too but shhhh ... just in case another bomb gets thrown for some wrong assumptions .. i will leave you to your great fun you are having here. Enjoy!
BillyB wrote:Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.mark1231414 wrote: tsk tsk...tad bit jealous huh?
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Phroawrrrr .... ! some mouth you have there, don't you?
mirror, mirror on the wall, who's the most aggressive (and troubled) of 'em all

oso ... dont-lah b jealous yah! lain kali you get your turn





oso ... dont-lah b jealous yah! lain kali you get your turn


BillyB wrote:Sweetgazebo - pipe down you silly old moo and don't continue with churlish remarks. You're some piece of work......sweetgazebo wrote:mark sure seems like a field day you are having here. funny ... i kinda smelled this too from another post too but shhhh ... just in case another bomb gets thrown for some wrong assumptions .. i will leave you to your great fun you are having here. Enjoy!
BillyB wrote: Remember, money can't buy you class and discretion. You're the new money type who'd wear a dog turd round their neck if it was made by Louis Vuitton.
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