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(08-02-2014, 03:40 PM)CityFarmer Wrote: (08-02-2014, 02:53 PM)AlphaQuant Wrote: (08-02-2014, 12:25 PM)opmi Wrote: Khaw may have relatively more political will than his predecessor.
indeed - i think Khaw deserves much more applause for what he did (and is doing) - quite annoying when i see him being satirised online.
Too bad he is not that young - i will love for him to be the PM/DPM.
I share your view. I saw the quality of a scholar within a politician. A rare quality of a true "智者“, who has the ability to "治国平天下“, yet remains humble and willing to serve. to me, he is one decent in the cabinet, aka wen jiabao calibre
not those cracking free pork rib soup joke?
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09-02-2014, 12:07 PM
(This post was last modified: 09-02-2014, 12:07 PM by Tiggerbee.)
Look at what happen to China in 2010-2011. When the Chinese government reduce the curbs to bail out the developers, they cause property prices to escalate again. That should be a good lesson for Singapore.
Government role is not to bail out property developers. By relaxing on the curbs now, they will only send the wrong signal to overseas opportunists who had encroached on local developers' territory.
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Why property developers need to be protected and not other business owners at the expense of ordinary people or tax payers ?
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09-02-2014, 12:35 PM
(This post was last modified: 09-02-2014, 12:37 PM by Temperament.)
(09-02-2014, 12:00 AM)pianist Wrote: (08-02-2014, 03:40 PM)CityFarmer Wrote: (08-02-2014, 02:53 PM)AlphaQuant Wrote: (08-02-2014, 12:25 PM)opmi Wrote: Khaw may have relatively more political will than his predecessor.
indeed - i think Khaw deserves much more applause for what he did (and is doing) - quite annoying when i see him being satirised online.
Too bad he is not that young - i will love for him to be the PM/DPM.
I share your view. I saw the quality of a scholar within a politician. A rare quality of a true "智者“, who has the ability to "治国平天下“, yet remains humble and willing to serve. to me, he is one decent in the cabinet, aka wen jiabao calibre
not those cracking free pork rib soup joke? i agree to what is said so far. But i can't forget remarks about,
"It costs me only $8 for bypass open heart surgery", and "It's cheaper for Singaporeans to stay in old-folk homes in J.B." IIRC.
NB:-
If your grandfather said that it is acceptable and even "brilliant". But for him(KHAW) to say it, i think the ordinary people(like me) will feel very "painful".
Maybe it was just an honest mistake which the G like to quote.
Well let's see what he is doing to Singapore going forward.
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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On one hand they complain family size is small while the other to fit a dream family of 4 will cost like S$1M home. Assuming household income is 3.5K, that will takes 24 years without spending on any food and water. I am not saying everyone will reach there but you can gauge the distance yourself. Who can lead us to our "possible" dream ?
The solution is pretty obvious. I would go to the extend to say, if they take the risk of not even push down the price to reasonable range ( Current price do not make sense) , and with LKY getting old, the next election may see sweeping changes on the political scene as they can be deem unfit to rule by the people.
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(09-02-2014, 12:40 PM)corydorus Wrote: On one hand they complain family size is small while the other to fit a dream family of 4 will cost like S$1M home. Assuming household income is 3.5K, that will takes 24 years without spending on any food and water. I am not saying everyone will reach there but you can gauge the distance yourself. Who can lead us to our "possible" dream ?
The solution is pretty obvious. I would go to the extend to say, if they take the risk of not even push down the price to reasonable range ( Current price do not make sense) , and with LKY getting old, the next election may see sweeping changes on the political scene as they can be deem unfit to rule by the people. i think one day it will somehow happen. No "Lee dynasty last forever". But the transition may be painful for the people. Only most probably old folks like me may not live long enough to witness it. On the other hand, who can tell? It can happen in the next GE 2015/16 or 2020/21 if more and more people are really getting more and more "frustrated with things as they are or getting worse". It seems only the Rich and Elites benefit more and more and the ordinary people less and less in relative terms. Opps..........am i talking nonsense again?
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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(09-02-2014, 12:35 PM)Temperament Wrote: i agree to what is said so far. But i can't forget remarks about,
"It costs me only $8 for bypass open heart surgery", and "It's cheaper for Singaporeans to stay in old-folk homes in J.B." IIRC.
NB:-
If your grandfather said that it is acceptable and even "brilliant". But for him(KHAW) to say it, i think the ordinary people(like me) will feel very "painful".
Maybe it was just an honest mistake which the G like to quote.
Well let's see what he is doing to Singapore going forward. true..almost forgot about this one..thanks
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They only want to win but cannot lose , what kind of mentality is this ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(09-02-2014, 01:45 PM)cfa Wrote: They only want to win but cannot lose , what kind of mentality is this ? Ha! Ha!
The mentality of smart gambler in a casino. If cannot win, don't gamble lol.
Don't gamble is sure win one. Think about it. There is no rule that says you must gamble in a casino.
Just like stocks, buy only the stock that its price goes up. If its price doesn't goes up, don't buy lol.
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.
Posts: 2,808
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Joined: Sep 2010
Reputation:
1
09-02-2014, 02:34 PM
(This post was last modified: 09-02-2014, 02:36 PM by pianist.)
If developers lose monies, there will be other implications resulting as well, eg on going projects stalled, undercutting prices and using inferior materials to build yr newly booked houses. Dunno what happened to that tycoon Dr aw of hor kew developer. Passed away suddenly last week, not a good omen.
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