Life works out to be like this.
https://blog.seedly.sg/average-singapore...summed-up/
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(21-09-2021, 08:31 AM)debster Wrote: Not sure about average, but saving as much as possible early on and investing early in relatively safe assets can drastically change the outcome after 20 years.
(20-09-2021, 08:18 PM)Blasterlord2 Wrote: It could be worse, so no complaints.
(21-09-2021, 08:42 AM)sgbuffett Wrote: That is true but the ordinary Singaporean is very risk adverse. His money locked up in CPF us discouraged from being invested. The govt takes thus money invest it to keep excess return.
The way to fix this whole situation is for 1. Singaporeans to learn financial literacy. 2. For the retirement funds to be properly invested to improve outcomes.
But at the rate property is rising ....it will lock up must of their income in 99yr leases.
(21-09-2021, 08:45 AM)klat Wrote: If it is not worse, I worry
(20-09-2021, 07:42 PM)Sharexchange Wrote: its going to get worse.
(21-09-2021, 10:22 AM)Ola Wrote: YEP. Simply because PAP always cannot plan, fail to plan and not willing to plan properly.
Why can't they learn from history. And why refused to copy this beneficial growth for SG?
(21-09-2021, 10:43 AM)Blasterlord2 Wrote: Not sure why you'd think like that. Most Singaporeans do have the opportunity to get a degree.
(21-09-2021, 10:52 AM)Blasterlord2 Wrote: You cannot measure it by the % who have degree. People who do not do well when they're younger can proceed to get their diploma first then get a degree later. Why must all admit to the university at the same time?
(21-09-2021, 10:37 AM)sgbuffett Wrote: Good point...this govt under educated Singaporeans for decades saying no need to have degree then import foreigners with degree...this is inconsistent and not beneficial to Singaporeans. In fact put Singaporeans at a disadvantage resulting in lack of opportunity.
For years NUS computer science reject Singaporean applicants many of them end up missing the IT boom that saw jobs going to foreigners.
We never see the govt ever learning lessons from the past...how are we supposed to trust then with our future.
(20-09-2021, 07:38 PM)sgbuffett Wrote: More than 60% of Singaporeans do not have the opportunity of getting a degree.
Life works out to be like this.
https://blog.seedly.sg/average-singapore...summed-up/
(21-09-2021, 10:43 AM)Blasterlord2 Wrote: Not sure why you'd think like that. Most Singaporeans do have the opportunity to get a degree.
(21-09-2021, 04:16 PM)Symmetry Wrote: Our parents were too poor and had to work at young age. Not possible to pursue a degree.
Our era, MOE set quota. Also not possible to have a degree.
Now, children are told not to pursue a degree because those jobs are given to FTs.
Next time, will be worse.
(21-09-2021, 10:02 AM)Ola Wrote: in 2017, Ong YK said only 30% of us can have degree.
but FTs all come with a degree. so how to fight with them for a job?
* news removed but I still have the picture
(21-09-2021, 06:21 PM)Blasterlord2 Wrote: Last time no degree can say because no money but now, this is not really a reason anymore.
I don't think any parents will now forfeit the chance for their children to go university because 'jobs are given to FTs'. My philosophy is, dun just listen to the govt, we must decide on what's the best course for ourselves.