The Next Big Crash - Are You Prepared?

[nathanmaloney]

Depending on when you bought the REITS (hopefully at least 2 years ago), the 5% is just a small shave off the huge run up these years.

[evolance]

Depending on when you bought the REITS (hopefully at least 2 years ago), the 5% is just a small shave off the huge run up these years.

Was since beginning 2012..but gradual dollar avg til recently when i told myself not to touch anything related to pump in anything related to property.
Overall drop was 30percent of profit. Non reit all not so badly hit

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Personally the end of QE will not really cause a fire sale of residential properties in Singapore. I stand by the argument that interest servicing (caused by global I/r rates) has to be a few times greater than rental yields before we see a fire sale in Singapore. So tightening monetary policy (via I/R hikes) will be something I will look for.

As for equities, the elimination of QE will have more downward effect on this class of assets

Haa..prob my wishful tinking..
My hypothesis is ir go up,foreign investor pull back money and sell their assets overseas....locals with 2nd properties who had been borrowing at near limit start ti find it hard to svc loan. Property get revaluated,loan amt gets recalculated etc,
Equities gets affected, foreign companies right-sizing, singapore foreign labour control, limits rental demands, so rental yield also move south..
Then domino effects kicks in.
Even now, with govt measures, prices had dropped, jus that developers are giving out discounts for new launches to cushion and squeeze out the last bit of juices imo and biased thinking...=D

Must say, I did not do an extensive market survey, jus based on my previous property at 100 trees' transaction prices since beginning of yr.

Again, overall, jus my wishful thinking...hahaha...probably only happens in my dreams...but only then will i possibly get out of rat race..hahhaa

[felixleong]

Japan continues sell off, down 2%
STI holding well

[Temperament]

Tonight, DOW is closed for some public holiday. By around 3.30 pm or 4.0 pm London will be open. Still it's better to wait for Tuesday's night Dow market.
Anyway for value investors who really cares? We are looking for under- value stocks only.

[felixleong]

if it comes down cheap, we buy!

[NTL]

if it comes down cheap, we buy!

Not cheap enough yet. Continue to do nothing.

[nathanmaloney]

Nikkei down almost 3%, SG and HK in paralysis.

Probably a better idea to wait for American markets to open tomorrow night for some direction.

But gut feel is that market is just waiting for a catalyst to rebound and go higher.

if it comes down cheap, we buy!

Not cheap enough yet. Continue to do nothing.

[felixleong]

maybe only japan crash lol

sinking of japan, while the giant (China SSE) awakes?

[brattzz]

too many printing $$ going-on, hard to crash lah... continue to buy value counters!!

[Ben]

too many printing $$ going-on, hard to crash lah... continue to buy value counters!!

And don't forget to take profit on overvalued counters too