Please see above link.
Salary : SGD10,000
Working Experience : 24 years
He was an engineer before promoted to Manager. Please see the different :-
Capitalist/Smart Investor vs Stupid Worker
a) Stupid Professional Senior Manager -Joke if you see his salary...
Imagine , when he start work, starting pay is 2.5k.
In order to get 10k salary after 24 years working, he need to get 6% increment for every year.
6% is enough for inflation ... LOL
Smart Investor with capital 100k.
Annual compound return 15% for 24 years :-
2.86 million after 24 years with annual compound return 15%.
At 25 years, 15% of 2.86Million is 429k/year return.
Joke? Professional worker's increment is just enough for inflation. This is fact. What a joke?!
Marc Faber Resigns from Sprott Board
17 hours ago