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29-01-2014, 10:59 AM
(This post was last modified: 29-01-2014, 11:21 AM by specuvestor.)
(29-01-2014, 10:08 AM)Contrarian Wrote: 1. Bobby and his families are Singaporeans.
2. He wrote an excellent book on REITs - "Building Wealth Through REITs"
3. He used to work for McKinsey and Standard Chartered
4. He is now a full-time investor, an independent director at Second Chance
(29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?
This is not even new. It had been done and we are still paying the cost
Thanks I see why you salute him then as a foreigner turn PR. Yet he probably hasn't seen or understood how the policy paradigm shift in the past 20 years have hurt Singaporeans as to give such a standard textbook 101 answer to our rental problems.
It is akin to the genius at LTA/MAS increasing the car loan tenor to 10 years and 100% quantum so that COE prices can be more affordable.
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
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(29-01-2014, 10:59 AM)specuvestor Wrote: (29-01-2014, 10:08 AM)Contrarian Wrote: 1. Bobby and his families are Singaporeans.
2. He wrote an excellent book on REITs - "Building Wealth Through REITs"
3. He used to work for McKinsey and Standard Chartered
4. He is now a full-time investor, an independent director at Second Chance
(29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?
This is not even new. It had been done and we are still paying the cost
Thanks I see why you salute him then as a foreigner turn PR. Yet he probably hasn't seen or understood how the policy paradigm shift in the past 20 years have hurt Singaporeans as to give such a standard textbook 101 answer to our rental problems.
It is akin to the genius at LTA/MAS increasing the car loan tenor to 10 years and 100% quantum so that COE prices can be more affordable.
Time to disagree again.
Standard answer doesn't always mean wrong answer. Sometime, the simplest answer is the answer. 
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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(29-01-2014, 10:03 AM)opmi Wrote: (29-01-2014, 08:32 AM)Temperament Wrote: (29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?
This is not even new. It had been done and we are still paying the cost Yes agree. But then just those people who live in landed semi-D suddenly become a few $million richer. Even though they may be not cash rich. And i think "asset enhancement" is still going on(aka target of 6.9 to ? million in total population).
We will be like HK & SHANGHAI.
we wont be like HK and SH. coz these PRC cities have relative lesser public housing, compared to SG's 80%. Exactly, slowly but surely most of the 80% can't afford the so called "subsidized" public housing anymore. Or they have to work their whole life to pay off their housing loan even for above average earners,. Pray no retrenchment in their working life.
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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(29-01-2014, 05:09 PM)Temperament Wrote: (29-01-2014, 10:03 AM)opmi Wrote: (29-01-2014, 08:32 AM)Temperament Wrote: (29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?
This is not even new. It had been done and we are still paying the cost Yes agree. But then just those people who live in landed semi-D suddenly become a few $million richer. Even though they may be not cash rich. And i think "asset enhancement" is still going on(aka target of 6.9 to ? million in total population).
We will be like HK & SHANGHAI.
we wont be like HK and SH. coz these PRC cities have relative lesser public housing, compared to SG's 80%. Exactly, slowly but surely most of the 80% can't afford the so called "subsidized" public housing anymore. Or they have to work their whole life to pay off their housing loan even for above average earners,. Pray no retrenchment in their working life.
Won't la. 4rm BTO $400k=$1600 per month instalment. New graduates couple can pay just using their CPF.
PAP Govt 'mark to market' pricing of Hdb flat's land component is screwing the present young generation for profits to be locked it up in reserves for 'a rainy day'.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(29-01-2014, 07:12 PM)opmi Wrote: (29-01-2014, 05:09 PM)Temperament Wrote: (29-01-2014, 10:03 AM)opmi Wrote: (29-01-2014, 08:32 AM)Temperament Wrote: (29-01-2014, 12:31 AM)specuvestor Wrote: ^^ totally agree. Is this guy an armchair junior economist or a PR who hasn't seen how "asset enhancement" policies of Singapore Inc had harmed us in the past 20 years?
This is not even new. It had been done and we are still paying the cost Yes agree. But then just those people who live in landed semi-D suddenly become a few $million richer. Even though they may be not cash rich. And i think "asset enhancement" is still going on(aka target of 6.9 to ? million in total population).
We will be like HK & SHANGHAI.
we wont be like HK and SH. coz these PRC cities have relative lesser public housing, compared to SG's 80%. Exactly, slowly but surely most of the 80% can't afford the so called "subsidized" public housing anymore. Or they have to work their whole life to pay off their housing loan even for above average earners,. Pray no retrenchment in their working life.
Won't la. 4rm BTO $400k=$1600 per month instalment. New graduates couple can pay just using their CPF.
PAP Govt 'mark to market' pricing of Hdb flat's land component is screwing the present young generation for profits to be locked it up in reserves for 'a rainy day'. New graduates?
What is the % of workers are graduates? And there are graduates and graduates. Aka not all graduates are consider as professionals like doctors, lawyers, bankers.... So the rest not graduates just have to pay housing loans for life( to me almost equivalent to slave labour for life).
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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One thing probably is most of us put the pressure on ourselves. There are 3 rooms Flats available.
Need to stop enslaving ourselves if we can't afford, and lives within one mean. And life will be much happier.
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(29-01-2014, 10:31 PM)corydorus Wrote: One thing probably is most of us put the pressure on ourselves. There are 3 rooms Flats available.
Need to stop enslaving ourselves if we can't afford, and lives within one mean. And life will be much happier. i agree too. i have come across someone who thinks he doesn't wants to work very hard just to have more materials. He just think so, so is O. K. too.
Another one is a NUS accounting graduate but she chooses to be a freelance tuition teacher, living in a 3 room flat with hubby but no children.
Sometimes, i think "To Each His Own", we just have to accept this saying in practice and not just in thinking only.
Then we will be more tolerant with people who are really so much different from us.
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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accounting graduate becoming a free lance tutor? seems like a waste
sg public housing are not considered subsidized because they are mark to market
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30-01-2014, 07:33 AM
(This post was last modified: 30-01-2014, 07:36 AM by Temperament.)
(29-01-2014, 11:18 PM)pianist Wrote: accounting graduate becoming a free lance tutor? seems like a waste
sg public housing are not considered subsidized because they are mark to market Yes! Many of us think you are right. But tell it to HDB or Mr. KhawBKB, they will say you are wrong. It has been debated, argued by one or more then one opposition members in Parliament, and outside Parliament. The G had even challenged anyone to try to build HDB flats to see whether HDB has subsidy or not. So far has anyone think it is feasible(aka can make money)? IIRC.
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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(30-01-2014, 07:33 AM)Temperament Wrote: (29-01-2014, 11:18 PM)pianist Wrote: accounting graduate becoming a free lance tutor? seems like a waste
sg public housing are not considered subsidized because they are mark to market Yes! Many of us think you are right. But tell it to HDB or Mr. KhawBKB, they will say you are wrong. It has been debated, argued by one or more then one opposition members in Parliament, and outside Parliament. The G had even challenged anyone to try to build HDB flats to see whether HDB has subsidy or not. So far has anyone think it is feasible(aka can make money)? IIRC.
Then who stay Tiong Bahru and who stay SengKang?
I want Orchard road. can?
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