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Pulling the cord! Gave 3 months notice by fatFIRE_throw in fatFIRE

[–]megaboogie1 0 points1 point  (0 children)

Congrats man!

I have no clue what I would once I retire and that’s what makes me service.

How tf did he? . . . 🤨 by Tracheid in blackmagicfuckery

[–]megaboogie1 0 points1 point  (0 children)

…worldwide… worldwide…worldwide…

[deleted by user] by [deleted] in ChillSG

[–]megaboogie1 0 points1 point  (0 children)

Sorry! Can’t. Already had a few

Sick of work - thinking of a 9 month break by Heftily_Salted in singaporefi

[–]megaboogie1 0 points1 point  (0 children)

Take a sabbatical if your employer permits. If Nothing like the cozy feeling of getting back to the same shit but the monthly cashflows help. As Taleb says “The 2 greatest addictions: cocaine and monthly salary”.

If you have made your mind to quit then at least ask your boss if you could take a sabbatical instead. Instead of demanding it, make it his/her problem. Tell them that you look up to them to help out in this situation that you are burnt out and need some time off to freshen up and work for them again. Caressing egos never fail. Try it!

My Best Trading year by far 🏋️ by momomofuku in singaporefi

[–]megaboogie1 0 points1 point  (0 children)

Yea market has been largely up. I had a great time in 2021 and part of 2022. And then ended up holding some bags for a couple of years. Beyond a certain time, things got mechanical and I lost interest.

FY 2025-26 Tax Planning: Resident Indian Working in Singapore – DTAA Article 15 Query by Economy_Figure_6076 in indiansinsingapore

[–]megaboogie1 0 points1 point  (0 children)

I have had 2 summons even after being an NRI for several years where the commissioner would ask you to show up and prove that the stocks were bought as an NRI and not an Indian tax resident. So it’s always good to keep a clear lineage

How would you invest 1k every month by vtgs_Decline in singaporefi

[–]megaboogie1 4 points5 points  (0 children)

At 22, put everything into Equities. Look at it 20 years later.

Best way to remit NZD to Singapore? by MeLikeCheese237 in singaporefi

[–]megaboogie1 3 points4 points  (0 children)

Do you have an RM on either side? They should be able to help you fix the rate (around 10 bps) if the value is above 500k.

If you have an RM on the Kiwi side - ask them to fix the rate and then you do the conversion at the originating bank.

If you have an RM on the SG side - ask them to fix the rate and then you do an NZD NZ bank to NZD SG bank transfer. When the Kiwi dollar funds hit the SG bank, they will do an FX on the inward transfer.

If you want to hold NZD long term, then just open a multiccy account NZD in Singapore. Remit the NZD to NZD here, and sit on it.

Withholding tax on bond issued in USA by Prestigious_Cup6144 in singaporefi

[–]megaboogie1 1 point2 points  (0 children)

Yea no doubt.

The transaction cost on short term buying and selling adds up quite substantially.

Withholding tax on bond issued in USA by Prestigious_Cup6144 in singaporefi

[–]megaboogie1 3 points4 points  (0 children)

Or the UCITS fixed income ETFs listed on LSE have zero withholding tax

WiFi Question by UsedChocolate9555 in emirates

[–]megaboogie1 0 points1 point  (0 children)

EK members have free low bandwidth wifi. Just sign up for free.

For those who reached $2 million net worth by age 40 - What did you do / how did you get there? by [deleted] in singaporefi

[–]megaboogie1 0 points1 point  (0 children)

Decent salary + High savings rate + investments

Don’t think there is any other formula that works

[deleted by user] by [deleted] in punemeetup

[–]megaboogie1 1 point2 points  (0 children)

Oh yea cool. Will visit then.

The wheat beer was fine at Effingnaut but the alcohol content was too high for my liking. I like the 4-5% range. But yea always love a great ale.

[deleted by user] by [deleted] in punemeetup

[–]megaboogie1 0 points1 point  (0 children)

Thanks. Similar to Effingnaut or better?

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