This is a place for random musings and news that amuses me. But beware, it is also my emotional potty. Good luck!

Sunday, May 17, 2009

$

I removed googleadsense. Am signing up for nuffnang following cowboycaleb's example. His blog I have followed for slightly more than a year, and is my favorite cham-cham blog for destressing/boredomkilling purposes. I am so far behind in the competition considering my two-person audience. Haha. We've all got to start somewhere... Maybe it'll take 10 years for me to earn $50. But that's ok. In 10 yrs' time, when I actually receive a $50 check, it would brighten my day.

Today I went scouting around for investment properties. I'm looking at the 6-700k range, which is quite limited to old private 2-3br apartments in the less than prime districts and studio apartments in the more desirable ones. I'm undecided as to which choice is better. Studio apartments are easier to rent out, but they can't fetch that high a price. 2-3br apartments away from civilisation...not easy to rent out. I'm looking because my mum wants to invest in property for passive income. She is getting freaked out by the thought that, with both her and my dad retired, and my sister and I still pursuing our graduate degrees, we'll one day all end up on the streets if we simply lived off our accumulated savings. I share the same fear. My income simply isn't enough to support a household of 7, especially at our current high standard of living. Having medical bills to pay suck too (but I have to say medicare helps a whole lot). And I, the last breadwinner of the family, will stop winning bread by August, when my course officially starts. I must do well, or risk losing my scholarship. So, I think I'll not dabble in part-time work while I'm studying...not even tuition.

according to my diligent calculations, I will only be, technically, a free person by 2027. That's 18 years. AGH! Meanwhile, I have to be contented with my slim paycheck. I don't think I'm being paid a fair salary right now. I don't. Sorry. Hopefully that will change in the future, although I know I'd still be earning less than what the job demands. NUS mbbs grads tell me, being a doctor in Singapore is both a thankless and financially unrewarding job (at least for the first 10 years). Scientists tell me a PhD makes zero financial sense either. Take the two and put them together and you get a clinician scientist who does double the work but paid one ordinary salary. I now know why so few people choose this path. But insane as it sounds, I am looking forward to it. After all the number of years in a person's life is limited, and i'm spendin mine wisely.

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