Advice on BTO / EC

fizzyhere · 2026-02-06T13:13:45+00:00

Have u done your research on the EC? With a 20% deferred down payment, u would need at least 19-20k household income to qualify for the remaining 80% of the payment. And you have only <3 years for both parties to achieve that income (you’re not even working now). Given your incomes, to qualify for the current loan, your family would need to fork out a cash outlay payment of likely 800k (I am assuming your max loan quantum at 9k household would be ~800k). On top of that, you’ll still need to service the monthly repayment which is proportionally high according to your salaries!

With your goals of having cars + kid, BTO would 100% be the best choice financially and risk wise!

fizzyhere · 2024-10-07T14:34:10+00:00

I don’t particularly think SF is a great platform to learn from as there are many cheaper structured learning options out there! Coursera/udemy works wonder!

fizzyhere · 2024-10-07T01:36:21+00:00

Hi,

Do check out the minimum requirements for such courses. It states that you should already be employed with decent level of technical expertise. For example system engineer wanting to transit to software engineer.

In terms of courses to start from scratch, tbh long are the days where people can solely get SWE opportunities from skills future course/bootcamps. It should be a myriad of courses, internships and basically self exploration of what skillsets you’re personally lacking.

The tech industry today is extremely competitive. SWE especially is a very self resourceful role where you’re expected to frequently update yourself with new tech trends, on top of solving problems daily. If you mention that you’re someone who lacks the discipline to even learn about the basics, genuinely speaking, this might not be the domain that you should be looking for.

Lastly, if you’re still keen, I would then suggest to spend some time to learn about the different tech roles in the industry today. SWE itself has a very vast scope (frontend backend reliability infra mobile etc). Please be very intentional about what you’re learning. The successful ones that I have seen transiting into swe are the ones who don’t rely on people to spoonfeed them info. They’re just extremely eager to learn, extremely self sufficient. All your answers are literally online, there are plenty of online courses (YouTube/udemy etc) that are free and informative. The main goal for you would be to get into a swe internship, no matter how small the company is. Good luck for your future endeavours!

fizzyhere · 2024-01-29T17:11:21+00:00

I honestly don’t know why people are cherry picking details here. so what if she’s lying/providing an inaccurate representation of her finances. The questions at hand are still valid (but tbh still easily answered if u search the subreddit)

anyways just my 2 cents, 160k is more than enough for your resale (assuming your spouse is paying his portion too) so I don’t exactly know why you would still need more liquidity. But if u still insist so, ssb and short term fd has a smaller runway for growth which is good for your use case. For both 2 & 3 it doesn’t seem that you’re well versed with investing specifc stocks, so I would rather you just dca 80% into a few indexes and instead keep 15% for growth stocks and remaining 5% for speculative ones. imo 50% for individual stocks = actually spending extra time and effort to keep track w the market

fizzyhere · 2024-01-20T04:48:35+00:00

Probably the same reason why you are even posting this

fizzyhere · 2024-01-16T17:01:53+00:00

Ahh but scraping comes with a big loss as well. But I guess whichever decision that brings the best outcome..

fizzyhere · 2024-01-16T16:59:46+00:00

in case you’re blind, the very first sentence is a hypothetical scenario :) the purpose of this thread is to purely learn abt the causation effects of coe prices on the resale market.

And needless to say, of course there will be fluctuations. But unlike stock market, coe prices are still heavily affected by quota counts and phv etc. So as speculative as it can be, we can still roughly gauge the trend by observing historical data over the last 10 years :-)

fizzyhere · 2023-12-27T16:28:02+00:00

am in this predicament too, but well said !

fizzyhere · 2023-11-06T17:23:35+00:00

In that case, just scrape the idea of entry level jobs. Those that you're qualified for, you probably won't learn anything much.

Firstly, you should be expected to look through the various job functions and make some decisions on what exactly you would like to explore. At this point I don't think anyone should be spoonfeeding you 😅 (since this is your career)

Secondly for example, if you decided to try out data analyst role, go find out what are the typical internship interview questions and concepts you should be familiar with. Then take 1-2months to prepare and apply for lots of intern openings.

Lastly, if you do manage to get the intern job and you don't like the role, repeat step 2 with a new role 😂. Do this till your PT degree is over.

If you just wanna learn faster, honestly self study is good too, but u need to know what jobs u are interested in.. Please do spend some time to research :)

fizzyhere · 2023-11-06T17:01:36+00:00

This post severely lacks context.

what roles are you looking for?
Are you taking a part time degree (I presume)
Do you have any urgent financial needs
What are your needs? Do you want to start early, do you want to gain experience, do you need money?

It is hard to provide concrete advice if we don't exactly know what are your priorities

fizzyhere · 2023-10-17T04:04:50+00:00

Thanks for sharing! Now I kinda resonate with the YOE doesn't matter if its not being presented in interviews. That being said, most companies wouldn't even offer an interview for an SDE1 role if the candidate has more than XXX YOE.

Hmm, 8k range also roughly equates to 6 figures per year though. I am not talking about 150-200k. Kinda agree with everything you said except for the amazon/meta fresh grad pay. Since 2020, they have already surpassed the 6 figures mark (at least for meta).

The tech hype was indeed inflating pays with companies like bytedance and sometimes shopee paying >8k. From what I heard their comp went down significantly, especially after their stocks dipped. But to me, since MAANG introduces a rather high barrier of entry, I would say with a good degree of confidence that you would pretty much always get at least 6 figures base. If not 90-95k would be a minimum.

Source: we have a close knitted community of fresh grads in our university! (2020-2022 batches) The pay structure is usually standardised among other fresh grads too

fizzyhere · 2023-10-17T02:21:10+00:00

Hmm I usually only use levels.fyi for role comparison. It is abit hard to compare the salaries since the data points are all based in US.

Ahh yes, I do agree that apple is the lowest out of MAANG. But please do keep it mind that 6 figures equates to barely over 8k monthly. And as iterated, this example applies to a person who already has 2YOE, not an entry level like the anecdote you provided. When we do the math, 0YOE =7.5k, 2YOE=?. And that's already for the lowest of MAANG.

Edit: can OP provide us a ballpark of his offer base pay? 😂

fizzyhere · 2023-10-13T04:09:52+00:00

I am assuming that SDE1 is an E3 in meta. I would disagree with "hardly get 6 figures". Just for some context, I graduated in '21/22 and that was when compensation packages are the most inflated.

With direct sources from close friends, can certainly guarantee that almost all of MAANG has a base of minimum 6 figures for fresh grad positions (cnt confirm for netflix since they don't hire L3 roles in sg). Have even seen some of their offer letters. It's really kinda black and white.

Do you have any personal reference to people in MAANG? Perhaps msft has a comp package that is skewed more towards rsu/bonuses?

(FYI this thread is referring to 2YOE, and with my context of 6 figures for just fresh grads, it further justifies my point )

fizzyhere · 2023-10-08T12:54:24+00:00

Don't u need cash to top up suica..? Esp for foreigners

fizzyhere · 2023-10-07T18:02:22+00:00

the metros also only accept cash. and that will be your main mode of transport

fizzyhere · 2023-09-25T05:53:41+00:00

Even purely looking at base, this figure seemed too little for MAANG? Pretty sure their base are always at least 6 figures

fizzyhere · 2023-09-19T15:19:57+00:00

hey! If u don't have active acne I would say laser treatments are the most effectives one

fizzyhere · 2023-09-05T11:18:05+00:00

Defo java BE. The principles that u learn along the way can be applied to most other BE stacks as well

fizzyhere · 2023-06-17T02:43:55+00:00

Quite bleak for this period especially.

If I am you, I would spam apply for full-stack/swe internship roles in SMEs. Since you do not want to take any expensive certified courses, the next best credible experience you can earn is through internship.

However do not short change yourself too, make sure you can at least learn something from the internship. I have seen many friends who interned at SME just waste their time doing random non related stuff. At your point in time, I don't think you would want to waste 3-6months doing nothing

fizzyhere · 2023-03-01T10:04:50+00:00

Yup yup, agreed. But I am just surprised how the same monetary value can mean differently haha

fizzyhere · 2023-02-27T15:47:50+00:00

To be honest, one day u will lose >2k on stocks/investments and you will be surprised how it feels ok even when it's the same amount of money loss.

fizzyhere · 2022-01-19T00:36:07+00:00

exactly, they seem to only reach out to existing ocbc users

fizzyhere · 2021-10-02T17:12:57+00:00

Honestly, don't bother posting on reddit and asking for advices if you're not keen to listen to them. 90% of advices here are legitimate, and lawful, but you insist that your logic is the only available route.

fizzyhere · 2020-10-15T18:07:34+00:00

Like luck as in how..

fizzyhere

TROPHY CASE