How to Tell If You’re Rich

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#91
The trouble is in reality, the way the present PAPYs manage population explosion is very scary to us ordinary people. All benefits goes to them and maybe people like you. Sorry, i think ordinary hawkers too. Ordinary wage earners are at the short end of the sticks. i wonder how long can we take it?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#92
(02-02-2013, 10:04 AM)corydorus Wrote: I said in another thread. The problem is they did not manage property price and car cost well when they embark on population growth.
The infrastructure is another painful reminder.

If people can afford all this without large concern and do not feel the crowd, they would have succeed increasing the population easily.
Some Ministers just screwup imo.

Totally agree. Pap ministers screwed up on housing and transport planning. Somehow did not communicate well internally and externally. What I think is that we should not throw out their policies that make sense just because they screwed up. Pop growth is a strong must if we are to thrive as a nation.
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#93
HA! HA!
IGNORAMUS like me also know it is very, very expensive to live in NEW YORK or TOKYO. i say it again, There is no such thing in life as, "You can have your cake and eat it too." Perhaps, i may be wrong, there are always the special breed (WANG CHUK aka PAPYs & Associates) who can have their cake and eat it too. The rest of us are peasants.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#94
this is natural selection, survival of the fittest!

Singapore garhment cannot control the external environment, it can only control it's people.
The wind of change blows and changes quickly, no one can stop it...

Change people, change, change our mindset, change our skillsets, step up, be relevant, upgrade urself!
keep your children smart and alert! Big Grin

For millionaires/billionaires already, do good with your money tools, start charity funds, funds low-income students, setup silver homes, pet shelters, contribute to forums, talks...etc...
or better, form an alternative voice!!

Money is but a tool, so use it wisely!

Singapore don't need singaporeans to exist, singapore will continue to exist with her people who is willing to be part of singapore.
All are welcome!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
#95
(02-02-2013, 02:46 PM)Temperament Wrote: HA! HA!
IGNORAMUS like me also know it is very, very expensive to live in NEW YORK or TOKYO. i say it again, There is no such thing in life as, "You can have your cake and eat it too." Perhaps, i may be wrong, there are always the special breed (WANG CHUK aka PAPYs & Associates) who can have their cake and eat it too. The rest of us are peasants.

Peasants? I don't think the people who live in NYC or Tokyo or London view themselves as peasants. They are not happy with everything about their lives and they whack city politicians who screw up, but they accept that as trade off as they love the city they live in and the opportunities and dynamism it gives. So why shortchange ourselves and view ourselves as peasants? Even if some misguided elite or politician thinks so, to me it just means they are rubbish!

Compared to nyc, tokyo etc We are slightly different in that we are also a nation, so our people who do not like this cannot just move away. To me that just means we need to gather consensus and plan ahead to be inclusive even more.

Btw, I just read the entire 70 page report. Makes lots of sense to me...l
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#96
Quote:
Quote: "this is natural selection, survival of the fittest"

"Singapore don't need singaporeans to exist, singapore will continue to exist with her people who is willing to be part of singapore.
All are welcome! "
Unquote.
HA ! HA!
Sound like the "Law of the Jungle". Then why Sink apore needs a PAPY's GOV. We need someone like Don Corleone & Family.

Quote:"Compared to nyc, tokyo etc We are slightly different in that we are also a nation, so our people who do not like this cannot just move away. To me that just means we need to gather consensus and plan ahead to be inclusive even more."

Unquote:
You have hit the nail on the head. There are many people in any population (in Sink apore) even with bootstrap can not upgrade themselves to be even somewhere a distance from the "Elites". Can this group of people move to the country-side:- "far from the madding crowd" so to speak; where life is so much more "simpler"?
"You can't have your cake and eat too". Especially in Sink apore context as a little "RED DOT" trying to be a Nation yet?
Where can you move to, if you can't make it?

Quote:"Pop growth is a strong must if we are to thrive as a nation."
Unquote:-
This nobody should doubt. The only problem is how are we going to know at what rate is acceptable and at what optimal figure we should stop the immigration in order to be as comfortable as possible living in Singapore to most Singaporeans.
We definitely can't accept the current population growth. To me it should be as close as zero now till infrastructures catch up. Till then Papys are talking cork only. No?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#97
Had read the the posts here, especially by the few who had achieve their financial success. How I wish I am in their same shoe, though likely mine will be Bata and theirs are Hush Puppies.
Reply
#98
(02-02-2013, 09:23 AM)greypiggi Wrote: This is what I think now. So on pop, I support growing at slower pace and maybe even faster pace. Not because I am elite or support pap but because it makes sense to me as a citizen, father, entrepreneur. And how we get there matters too, not more of same but really relook land use, Building tech and even furnishing.

What say you guys?

I prefer that we follow/improve on the taiwanese style. High creativity, value-adding, entreprising, focuses on good quality, sincere and good-natured people living in city where work life is balanced and income inequality is minimalized.

If the general population continue the path of being legions of managers, optimizing their performance (most likely by doing more overtime) but unable to create wealth through entrepreuneurship or innovation and providing jobs to Singaporeans (can breadtalk, charles & ketih & osim become like IKEA or Zara?), I fear that one day when complete digital technological revolution takes over, the next new york city in silicon valley, japan uprising with robotics automation, where shall Singapore be? Continue to rely on it deepwater ports and extremely expensive labour? Remember 17 years ago in 1996 we do not have extensive internet, no facebook, no hybrid cars, no newater, no google and what would change in 17 years later in 2030? Can we really simply extrapolate that higher population is what Singapore and Singaporeans really want?

Maybe I am the odd one out? Then I will bail myself & my citizenship out where one day I can have true quality of life, climbing mountains with fresh gulps of air, walking at real beaches that are not made with artifical sand and having a sip of coffee without having the buzz of the world.

Honestly, I am typing this post from Jakarta and I was just walking around Plaza Indonesia. IMHO, the design and scale of the shopping centre trash our ion orchard. Many Singaporeans compare ourselves to the big cities around the world but forgetting that our neighbours can overwhelm us easily just because of their sheer numbers of urbanization. Furthermore, I was also marvelling at some of my indonesian colleagues whom are doing pivot table analysis faster than I can figure out the next step (maybe i am dumb). But is cramming our little island with population the only solution?
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#99
Yes value creation is the way. There are limits to the hubbing, efficiency model.

The problem is our govt die die wants to grow MNCs. 2ndly, we have good MNCs pay good pay jobs (now a lot go to FTs).

At my age, just stay on a few years till 50+. And then take simple life. Investing is still the best business... Can stay fresh and alert everyday Smile


(03-02-2013, 09:47 PM)mrEngineer Wrote: I prefer that we follow/improve on the taiwanese style. High creativity, value-adding, entreprising, focuses on good quality, sincere and good-natured people living in city where work life is balanced and income inequality is minimalized.

If the general population continue the path of being legions of managers, optimizing their performance (most likely by doing more overtime) but unable to create wealth through entrepreuneurship or innovation and providing jobs to Singaporeans (can breadtalk, charles & ketih & osim become like IKEA or Zara?), I fear that one day when complete digital technological revolution takes over, the next new york city in silicon valley, japan uprising with robotics automation, where shall Singapore be? Continue to rely on it deepwater ports and extremely expensive labour? Remember 17 years ago in 1996 we do not have extensive internet, no facebook, no hybrid cars, no newater, no google and what would change in 17 years later in 2030? Can we really simply extrapolate that higher population is what Singapore and Singaporeans really want?

Maybe I am the odd one out? Then I will bail myself & my citizenship out where one day I can have true quality of life, climbing mountains with fresh gulps of air, walking at real beaches that are not made with artifical sand and having a sip of coffee without having the buzz of the world.

Honestly, I am typing this post from Jakarta and I was just walking around Plaza Indonesia. IMHO, the design and scale of the shopping centre trash our ion orchard. Many Singaporeans compare ourselves to the big cities around the world but forgetting that our neighbours can overwhelm us easily just because of their sheer numbers of urbanization. Furthermore, I was also marvelling at some of my indonesian colleagues whom are doing pivot table analysis faster than I can figure out the next step (maybe i am dumb). But is cramming our little island with population the only solution?
Reply
(03-02-2013, 01:59 PM)NTL Wrote: Had read the the posts here, especially by the few who had achieve their financial success. How I wish I am in their same shoe, though likely mine will be Bata and theirs are Hush Puppies.

i frown on this post, Tongue why wish? u can BE whatever you want to be!! :O
Work hard, work smart! grow wiser! use ur resources carefully!

millionaires/billionaires also wear panda brand slippers okay! Tongue

They see the value in it! Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply


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