Hubwee Supercharged August 14, 2018 Share August 14, 2018 Was also thinking of putting some money into F&B. Have a current naval chef fren. He thinking of quitting the navy and setup a tze char stall. I know nuts about it. But maybe can help him realise his dreams and me having a passive income becoming a silent shareholder. Like that can? Rule number one for F&B , unless you yourself knows how to cook well , dun bother cos the main chef will squeese your balls in the future when the business is good ... Been there done that , cafes , pubs , restaurants .... Same old shit happens again and again... ↡ Advertisement 13 Link to post Share on other sites More sharing options...
Adrianli Hypersonic August 14, 2018 Author Share August 14, 2018 Wow. I am glad that i asked the question here. Godd advises. Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 14, 2018 Share August 14, 2018 If you haven’t ..... it will begin with getting a solid Rolex from ...... ...... steady boh T2 Link to post Share on other sites More sharing options...
Staff69 Hypersonic August 14, 2018 Share August 14, 2018 this thread shows only 1 thing freehold property for the win mercs tio bo 1 Link to post Share on other sites More sharing options...
Loki Supersonic August 14, 2018 Share August 14, 2018 Was also thinking of putting some money into F&B. Have a current naval chef fren. He thinking of quitting the navy and setup a tze char stall. I know nuts about it. But maybe can help him realise his dreams and me having a passive income becoming a silent shareholder. Like that can? If u mix business with friendship, u will either lose money or lose a friend 2 Link to post Share on other sites More sharing options...
mersaylee Hypersonic August 14, 2018 Share August 14, 2018 This was the image that put a smile on my face when i searched and found out how much the next door unit of my grand parents estate worth. 6 Link to post Share on other sites More sharing options...
13177 Hypersonic August 14, 2018 Share August 14, 2018 Was also thinking of putting some money into F&B. Have a current naval chef fren. He thinking of quitting the navy and setup a tze char stall. I know nuts about it. But maybe can help him realise his dreams and me having a passive income becoming a silent shareholder. Like that can? You must be prepare to write off the money that you have invested, cause if not you and your friend might ended up as enemy if the business could not pick up or encounter any problems. Link to post Share on other sites More sharing options...
Adrianli Hypersonic August 14, 2018 Author Share August 14, 2018 Not to pour cold water...but IF it’s me...I’d only smile when I see the inheritance in my bank account...everything else is just a projection. Your late Mother has left you the virtue of prudency and staying humble, which I find is more valuable than any material inheritance. My best wishes to you and partner to make good use to the surprised windfall. Yup. I agree. It was my uncles and aunties who initial the process to divide my grand parents estate. My cousin informed us to submit our names to the lawyer so that they can send us details what to do. Also to initiate the Letter of Administration for my mum's estate as my mum's share will be deposited into her account. We need to access my late mum's account to retrieve the inheritance. Will wait for the money to appear in my bank account. But now need to spend money on lawyer fees to get the inheritance. Link to post Share on other sites More sharing options...
Mercury1 Turbocharged August 14, 2018 Share August 14, 2018 Singapore has alot of dividend paying counters, can consider investing in those and diversifying over REITS, Bond ETF's, Blue chip dividend counters. Chuck in there and keep reinvesting the dividends when its time to hang up the work socks should have tidy sum for world trips :) Over the weekend, my cousin called my brother to inform him that they will be selling off my grand parents estate and my late mum will receive a portion of it. We are to go and apply for Letter of Administration from the courts to be able to receive the inheritance.Not sure the details yet, dont know how much will be receiving as there are eight sibling. But thinking of it, brings a smile to my face. Hope that it will be a substantial amount.I also hope not to spend all of it away. Hope to keep it for retirement.Anyone been through this? 1 Link to post Share on other sites More sharing options...
13177 Hypersonic August 14, 2018 Share August 14, 2018 Yup. I agree. It was my uncles and aunties who initial the process to divide my grand parents estate. My cousin informed us to submit our names to the lawyer so that they can send us details what to do. Also to initiate the Letter of Administration for my mum's estate as my mum's share will be deposited into her account. We need to access my late mum's account to retrieve the inheritance. Will wait for the money to appear in my bank account. But now need to spend money on lawyer fees to get the inheritance. How much is the lawyer fees? Link to post Share on other sites More sharing options...
Mkl22 Supersonic August 14, 2018 Share August 14, 2018 Rule number one for F&B , unless you yourself knows how to cook well , dun bother cos the main chef will squeese your balls in the future when the business is good ... Been there done that , cafes , pubs , restaurants .... Same old shit happens again and again... this one i had second hand knowledge, a good buddy opened a Halal Zicha restaurant 20years ago and got screwed by his cook and cook assistants when they staged a walk out after not being happy about the pay. obviously the business was pretty good at one point and they demanded for much more. 1 Link to post Share on other sites More sharing options...
Mercury1 Turbocharged August 14, 2018 Share August 14, 2018 You kanna so many time did they literally squeeze ur balls or what Rule number one for F&B , unless you yourself knows how to cook well , dun bother cos the main chef will squeese your balls in the future when the business is good ... Been there done that , cafes , pubs , restaurants .... Same old shit happens again and again... Link to post Share on other sites More sharing options...
Adrianli Hypersonic August 14, 2018 Author Share August 14, 2018 How much is the lawyer fees? Dont know yet. My brother just contacted one yesterday. Link to post Share on other sites More sharing options...
inlinesix Hypersonic August 14, 2018 Share August 14, 2018 Was also thinking of putting some money into F&B. Have a current naval chef fren. He thinking of quitting the navy and setup a tze char stall. I know nuts about it. But maybe can help him realise his dreams and me having a passive income becoming a silent shareholder. Like that can? Don't bother to start any biz in Sg with store front. U are feeding greedy landlord in year 1. Year 2 need to pump in more $$$$ Not yet year 3 fold up liao. 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 14, 2018 Share August 14, 2018 Don't bother to start any biz in Sg with store front. U are feeding greedy landlord in year 1. Year 2 need to pump in more $$$$ Not yet year 3 fold up liao. Nod Link to post Share on other sites More sharing options...
Throttle2 Supersonic August 14, 2018 Share August 14, 2018 I would have no value to add except for the initial capital and probably dine for free. 1 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic August 14, 2018 Share August 14, 2018 Wow. I am glad that i asked the question here. Godd advises.ðU better open workshop specialise for Audi Then u get to service ur car for free 1 Link to post Share on other sites More sharing options...
13177 Hypersonic August 14, 2018 Share August 14, 2018 Dont know yet. My brother just contacted one yesterday. I see, i guess should be at least $1k. ↡ Advertisement Link to post Share on other sites More sharing options...
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