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The number of people in Singapore who have liquid assets (excluding owner-occupied property) of at least USD 50,000 (around SGD 67,500) is predicted to hit 1.32 million in 2022, according to GlobalData https://www.globaldata.com/recovery-singapore-wealth-market-drive-affluent-population-growth-2021-2022-forecasts-globaldata/ . The true measure of wealth lies not in absolute figures but what it can buy and the kind of lifestyle it can suppprt; SGD 67,500 is insuffi...
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I think the definition of Wealthy People is controversial. Why is the sum of $50k from a global reference be defined as wealthy? If the sum of $50k is used as a benchmark, I would think that there are surely more than 23% of the population are considered Wealthy or rather I would think a rather high number perhaps 80% or more. If one considers owing HDB housing, that would be easily $200k which most people will at least have, not to mention those that owns a private p...
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I recently dined at a mid price restaurant. Veggie dishes cost $20+ while meat dishes cost $30+ onwards. Only way to make $50k last is to cook own meals at home, take public transport and stay in public housing. Monthly expenses will accumulate once one own a car, stay in private condo, dine in restaurants. To really make $50k vanish, all one got to do is to woo a Singaporean girl (wine, dine, entertainment, hotel room etc) 💸.
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1. I was interviewed on MoneyFM 89.3 this morning about the recent big news involving $IFAST (AIY.SG)$ iFAST acquiring a digital bank, BFC Bank. I'll repeat some key points here if you are following this development. https://omny.fm/shows/moneyfm-morning-show/companies-to-watch-ifast-to-obtain-a-banking-licen
2. First of all, give some credit to iFAST for taking a big step to becoming a global company. This is the first time iFAST ventured out of A...
2. First of all, give some credit to iFAST for taking a big step to becoming a global company. This is the first time iFAST ventured out of A...
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I feel a lot of these in the 1/4 are probably asset rich. Singaporeans register for a HDB when they get married. a HDB in the market now cost 1 million. so there you have it, a millionaire. but whether or not this millionaire has spare cash for other things, we don't know.
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
A lot of Singaporean invest in stock trading become richer![]()
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but some of them also very poor... ![]()
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no matter what must invest your brain first before earn 💰💰💰💰even 💭though you have nothing at least you got idea to earn ![]()
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with your smart brain... Did you agree?? ![]()
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Who would believe a country that has been in an economic, political, and social crisis during the last 20 years will be the best place to mine $Bitcoin (BTC.CC)$ ?
Venezuela is the cheapest country to mine 1 Bitcoin. It only costs $531 because of its subsidized electricity, and South Korea is the most expensive country in $Bitcoin (BTC.CC)$ mining with a total of $26,170 to mine 1 BTC, according to a study of Bitcoinist which took th...
Venezuela is the cheapest country to mine 1 Bitcoin. It only costs $531 because of its subsidized electricity, and South Korea is the most expensive country in $Bitcoin (BTC.CC)$ mining with a total of $26,170 to mine 1 BTC, according to a study of Bitcoinist which took th...
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$Sea (SE.US)$ imo. as most stocks goes down, a lot of people will feel less rich than they were 2-5 months ago, so spending will be slowing down and inflation will be in check / lower. by March, the Fed will raise just a little or maybe not raising rates at all.
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The region’s population is more than 670 million people, of which six out of 10 are unbanked or underbanked.
Digital services are still nascent in much of the region, with penetration rates for online food delivery services about half of what they were in China last year. Ride-hailing is even less common, at about 3 per cent of the market in Southeast Asia versus 15 per cent in China.
Online food delivery is expect...
Digital services are still nascent in much of the region, with penetration rates for online food delivery services about half of what they were in China last year. Ride-hailing is even less common, at about 3 per cent of the market in Southeast Asia versus 15 per cent in China.
Online food delivery is expect...
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where is the source and who wrote this article ?
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Mr Pistachio : 50k is considered 'wealth'?
Dadacai OP Mr Pistachio : They were counting liquid assets such as equities, mutual funds, deposits, and bonds and it is in USD.
MOOZER Mr Pistachio : That’s my monthly car allowance
71576866 : my name is Marcus Kaleopaaikamaike laney my#8082192291 I live in Honolulu Hawaii that's all my stocks and I don't know what they did with the money the first time I hit the I topped it out the first time I was doing it again it's going to keep on doing it cuz I don't know how to take all my money and they're taking it out somebody's hacking my network hacking my phone sos
Dadacai OP 71576866 : Hi Marcus, pls calm down as a lot is unclear in your description. is this about your moomoo account or your bank account? If your moomoo account is compromised, did you contact moomoo customer service as I advised you previously? I don’t think it is possible for money in your moomoo account to be stolen as it can only be withdrawn to your personal bank account. If your bank account is having unauthorised transactions, you should contact your bank inmediately.
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