14 November, 2015
Dastardly
Indeed. Nothing explains the evil that did the attack. Any form of violence should not be condone. When will this ever stop?
31 December, 2014
Goodbye 2014
It's been a year that saw quite a bit of turbulence. Even so, am thankful for many things.
Hope 2015 will be kind to us all.
Happy New Year!
Hope 2015 will be kind to us all.
Happy New Year!
08 October, 2014
What I learnt from Techcracker 2014
Was at NUS yesterday for the Techcracker 2014 event. Organized by Li Ka Shing foundation, Horizons Ventures, NUS Enterprise and Vertex Ventures Holdings Ltd.
Interesting companies, missions and products. Here they are:
Muse - Brainwave Sensing Headband
Roli - Seaboard Grand
Meta - Augmented Reality (Hologram, Touch, Real-time Collab)
Impossible Foods - Replicating taste of red meat, without meat for more sustainable food source
Organovo - 3D bio printing of leather and meats
MeMed
http://www.me-med.com/
Teralytics
http://www.teralytics.ch/
Having a passion and a mission are a must, and these are some of the people who wants to change the world and they are doing something to achieve it. Inspiring.
Interesting companies, missions and products. Here they are:
Muse - Brainwave Sensing Headband
Roli - Seaboard Grand
Meta - Augmented Reality (Hologram, Touch, Real-time Collab)
Impossible Foods - Replicating taste of red meat, without meat for more sustainable food source
Organovo - 3D bio printing of leather and meats
MeMed
http://www.me-med.com/
Teralytics
http://www.teralytics.ch/
Having a passion and a mission are a must, and these are some of the people who wants to change the world and they are doing something to achieve it. Inspiring.
27 July, 2014
Korean Movie and Drama
Watched the movie, "Miss Granny" and it was touching. Ageism. Things that will affect us, in time to come.
Also, my favourite actress Gong Hyo-Jin has a new drama. With Jo-Insung nonetheless! WoOohOoo! It's Okay, It's Love.
Also, my favourite actress Gong Hyo-Jin has a new drama. With Jo-Insung nonetheless! WoOohOoo! It's Okay, It's Love.
29 June, 2014
2NE1 All Or Nothing 2014 World Tour in Singapore
Was an impromptu decision. Ticket was bought just 2 weeks before the concert.
The number of concert goers weren't that many, only about 7400 as reported in the newspaper but there were about 34,000 others who were at the National Stadium. No wonder Stadium mrt station, Kallang Wave are all crowded. Finding a washroom without a long queue would've needed a miracle!
Anyway, hurried to Indoor Stadium as it was nearing 7pm and I still needed to find a washroom! But, there was still long queues to get in. Thought the doors were open for seating from 6pm?
And, I didn't find any sticker for the light-up event. -_-''' Tsk tsk...some people...
Sound system was quite bad, to be honest. CL and Bom's mic were too loud, but that's because overall the music was way too loud. Down one notch would be good.
It was party from the get-go! Should've just converted the entire venue as dance floor. Bass was thumping and the girls looked like they were enjoying every bit of their performance. =)
Liked the concept of colours. My favourite was the white and black segments.
Before encore, the girls appeared at the premium section area and shook hands, took pictures with the fans. CL saw an elderly lady, and went over and gave her a kiss. Elderly lady was delighted. Thought that was rather sweet of Chaerin.
Concert lasted about 2 hours or so. Rather short, but was fun. CL said they signed some CD and we could get them on our way out.
Oh, apparently they are selling the CDs but we were told autographed copies were to be given out at random. Hmm, so went and tried my luck. Guess I was lucky. =)
The number of concert goers weren't that many, only about 7400 as reported in the newspaper but there were about 34,000 others who were at the National Stadium. No wonder Stadium mrt station, Kallang Wave are all crowded. Finding a washroom without a long queue would've needed a miracle!
Anyway, hurried to Indoor Stadium as it was nearing 7pm and I still needed to find a washroom! But, there was still long queues to get in. Thought the doors were open for seating from 6pm?
And, I didn't find any sticker for the light-up event. -_-''' Tsk tsk...some people...
 |
| stage |
Sound system was quite bad, to be honest. CL and Bom's mic were too loud, but that's because overall the music was way too loud. Down one notch would be good.
It was party from the get-go! Should've just converted the entire venue as dance floor. Bass was thumping and the girls looked like they were enjoying every bit of their performance. =)
Liked the concept of colours. My favourite was the white and black segments.
Before encore, the girls appeared at the premium section area and shook hands, took pictures with the fans. CL saw an elderly lady, and went over and gave her a kiss. Elderly lady was delighted. Thought that was rather sweet of Chaerin.
Concert lasted about 2 hours or so. Rather short, but was fun. CL said they signed some CD and we could get them on our way out.
Oh, apparently they are selling the CDs but we were told autographed copies were to be given out at random. Hmm, so went and tried my luck. Guess I was lucky. =)
 |
| AON in Seoul signed CD |
 |
| White segment |
 |
| nice pic |
 |
| backshot |
14 June, 2014
13 May, 2014
cpf minimum sum
From Jul 1 2014, CPF min. sum is now revised to $155,000.
Min. sum is in existance to allow members who had fulfilled this criteria when they are in retirement age (55 yrs old?) to have a monthly draw down annuity @ $1.2K per month.
Hmm, let's track back for a moment. Assuming one can contribute 1K per month into CPF, in a year one would accumulate $12K. After 10 years of contribution, there will be at about $125K. At this juncture, let's say that person buys a house. Most of that money will be used for housing with little left.
Assuming new 4-room flat @ $260K after grants. So each partner forks out $130K for this. Let's say wipe the CPF savings out, and the other partner does not have so much and has probably $80K. Balance of 55K to pay.
Restart the CPF contribution and continue to contribute 1K per month. Assuming min. sum continues to revise upwards to beat inflation, the sum might be $215K in 2029. So, 1K per month x 13 x 15 yrs = $195K + interest etc ~ probably $221K.
Looks possible.
Track back a little. To contribute 1K per month, means monthly salary need to be about $4K min, which will nett about $1400 in contribution and about $1250 into OA and SR.
If one can get a starting salary of say, $3500 then CPF contribution shall be about 33K for the first 2 years.
Then, get promoted/pay increment or change job to get $4200, and CPF contribution shall be about $40K for the next 2 years. By the 5th year, should be quite comfy with $5000. The other assumption is that one is getting their 13-month.
With these assumptions, one seem to be able to afford a HDB flat after working for 6 to 7 years. Then, just need to make sure that the monthly salary does not drop below $5K (and continue toget 13-month) and to continue working for the next 15 years.
Looks like I didn't do all these calculations when I started working, so I can see where it went wrong:
1. Starting pay below $2K for a year
2. Average pay of $2.5K for 2 years
3. CPF contribution started later and smaller sum (non-citizen)
4. Stayed for 10 years in a company that did not practise 13-month and no structured pay increment, and max bonus of 1 month at best
Guess either I was stupid, lazy, too comfy etc, or seriously naive.
For people who has just started your careers, you still have a chance to be on track. Just make sure that your salary increases by 15% to 20% once every 2 years, and company pays 13-month and bonuses.
Lesson in life.
Min. sum is in existance to allow members who had fulfilled this criteria when they are in retirement age (55 yrs old?) to have a monthly draw down annuity @ $1.2K per month.
Hmm, let's track back for a moment. Assuming one can contribute 1K per month into CPF, in a year one would accumulate $12K. After 10 years of contribution, there will be at about $125K. At this juncture, let's say that person buys a house. Most of that money will be used for housing with little left.
Assuming new 4-room flat @ $260K after grants. So each partner forks out $130K for this. Let's say wipe the CPF savings out, and the other partner does not have so much and has probably $80K. Balance of 55K to pay.
Restart the CPF contribution and continue to contribute 1K per month. Assuming min. sum continues to revise upwards to beat inflation, the sum might be $215K in 2029. So, 1K per month x 13 x 15 yrs = $195K + interest etc ~ probably $221K.
Looks possible.
Track back a little. To contribute 1K per month, means monthly salary need to be about $4K min, which will nett about $1400 in contribution and about $1250 into OA and SR.
If one can get a starting salary of say, $3500 then CPF contribution shall be about 33K for the first 2 years.
Then, get promoted/pay increment or change job to get $4200, and CPF contribution shall be about $40K for the next 2 years. By the 5th year, should be quite comfy with $5000. The other assumption is that one is getting their 13-month.
With these assumptions, one seem to be able to afford a HDB flat after working for 6 to 7 years. Then, just need to make sure that the monthly salary does not drop below $5K (and continue toget 13-month) and to continue working for the next 15 years.
Looks like I didn't do all these calculations when I started working, so I can see where it went wrong:
1. Starting pay below $2K for a year
2. Average pay of $2.5K for 2 years
3. CPF contribution started later and smaller sum (non-citizen)
4. Stayed for 10 years in a company that did not practise 13-month and no structured pay increment, and max bonus of 1 month at best
Guess either I was stupid, lazy, too comfy etc, or seriously naive.
For people who has just started your careers, you still have a chance to be on track. Just make sure that your salary increases by 15% to 20% once every 2 years, and company pays 13-month and bonuses.
Lesson in life.
Subscribe to:
Posts (Atom)
