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19-04-2016, 08:38 AM
(This post was last modified: 19-04-2016, 08:40 AM by opmi.)
$10k a bit low. I will consider getting a car when COE hit $30k. $20k over 120 months, not much difference. $166 pm.
If it stays before $10k for 3 months, I will renew COE for my existing car as a standby car. Thats also means those PARF/COE cars Uber drivers AND existing car owners are using will also renew another 5 years or 10 years.
$10k over 120 months = $83 per month. So unlikely COE will falls to that level.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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S$ will depreciate upon lesser demand...
Asia’s rich urged to buy dollars as S’pore fuels easing bets
SINGAPORE — Money managers for Asia’s wealthy families are telling clients to buy US dollars as a rally this year in regional currencies begins to sputter.
...
http://www.todayonline.com/singapore/asi...asing-bets
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STI @ 2951!
Sea of green!
why worry about recession??!
BULL RUN AGAIN!!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Full year earnings and dividend season for many listco mah, 'traditionally' it's a good time!!
Reality will sink in may, as many punters will sell and go away.[emoji14]
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cannot understand the market, all key economic indicators are negative and in red...
total trade : -11.6%
Industrial Prod : -4.7%
https://www.mti.gov.sg/Pages/home.aspx
why market still rally??? :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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20-04-2016, 07:08 PM
(This post was last modified: 20-04-2016, 07:09 PM by brattzz.)
specifically for singapore market, it's really small and been downturning since 2015... wonder what's going on behind the rally?!!
sell in may and run for dear life?
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Singapore bets on rising Asia middle class to help spur economy
SINGAPORE — The rise of the Asian middle class will remain the dominant regional growth story for years to come, enough to help Singapore cope with headwinds from the global economy, a top official said.
Even though the city-state’s economy is coming under strain, observers shouldn’t discount positive signs including resilient consumer spending in South-east Asia and solid increases in air traffic at the Changi international airport, a regional hub, Economic Development Board Chairman Beh Swan Gin said in an interview Monday (April 25).
Dr Beh says Singaporean businesses can take advantage of economies set to benefit from young and growing populations and urbanisation,such as the Philippines and Indonesia. While some countries in the Association of Southeast Asian Nations are facing political uncertainty, that won’t necessarily detract from the growth outlook as long as they keep their economies open and follow market-friendly policies, he said.
“We are generally optimistic about the medium to long term,” Dr Beh said. “ASEAN, despite all the political uncertainties, is coming along at a pace of economic growth of around 5 percent.”
...
http://www.todayonline.com/singapore/sin...ur-economy
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