Home prices may drop 15% this year: DBS CEO

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#51
(19-02-2014, 08:53 AM)valueinvestor Wrote: Which country allows non-citizens own public housing ?

You mean PRs should not be allowed to buy HDB flats?
Why?
"Don't you want your assets (HDB flats) enhanced in value?
Don't you want to upgrade to Private Condo?", so ask our G.

Ha! Ha!
Then how?
Everybody benefits ma including the PRs.
No?

PRs can sell and then take the profit and balek kampong or China or even western countries.
But who benefited most?
The people, the PRs or our G?
Your calculation is better than mine.
So no price for you.
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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