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(17-02-2014, 02:00 PM)etan Wrote: In the mid 90s, ringgit was 1.76 against S$1, today it's S$1 against RM2.62.
(17-02-2014, 08:25 AM)chialc88 Wrote: The Malaysian currency fell to an all-time low of RM 2.6287.
Not far back enough
In the 70s the Riggit and SGD was fungible, and Singaporeans made their money with businesses in Malaysia and Indonesia. Now the reverse is true and that's how capitalism is supposed to function.
The problem is actually to provide a fairer playing ground so that locals can compete. We do not ask to be subsidised, just don't tie one of our hands and ask us to fight.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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(17-02-2014, 01:30 PM)thefarside Wrote: (17-02-2014, 11:23 AM)opmi Wrote: Effect of loose PR policy. PR should have a explicit expiry date.
Well they do - PR has to be renewed. Without a reasonable job, or evidence that you are "rooted" here, it will be taken away at the end of the period.
Question - if the PR marries a citizen, has HDB here, kids go through Singapore schooling and sons take on citizenship without trying to bypass the NS requirements, but the person chooses to retain his/her original country citizenship, is he / her free-loading or is the person considered to be "rooted" here?
Sometimes, for a place without boundaries, the discussions on the internet can be all about absolutes.
All discussions online or offline revolved around extremes, generalizations and special cases. Nothing new.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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17-02-2014, 11:01 PM
(This post was last modified: 17-02-2014, 11:01 PM by pianist.)
sg needs a hinterland. the cheap can gets cheaper..i am looking at 1sgd to 3rm within a year
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No matter what or who is the G, human beings are ingenious.
Only some are more than others out of necessity or desperation.
Why do you think i am still in the market, taking risks?
Of course i hope it will never, never because out of desperation.
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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The folks who stayed here and do not get PR will be screwed when it comes to health care in the hospital.
They got use to the standard in SG but when go back to JB/KL, the stigma that SG medical service is more superior, opting to perform whatever needed to be done in SG, will make them bleed big time.
Unless they stick with the decision to carry out the process in JB/KL, which is relatively low cost but wait damn loooooooooong, it will cost them an arm and leg in SG.
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