STOP FINDING EXCUSES NOT TO INVEST AT LOWS!
TO DEBUNK THIS FUCKING IRRITATING MYTH,I,NUS GRADUATE IN MATHS,MAKE MYSELF UNEMPLOYED.
ONLY WHEN I AM UNEMPLOYED,MY MONEY DOES NOT COME EASILY AS THOSE WORKING CLASS,THEN I KNOW HOW TO CHERISH OPPORTUNITES IN STOCKS/PROPERTIES/GOLD,ETC.
WHO ARE THE ONES WHO ALWAYS GET TIED IN STOCKS/PROPERTIES/GOLD AT HIGHS???THE FUCKING MAJORITY.WHO ARE THE MAJORITY?THE WORKING CLASS.REMEMBER THOSE WHO BOUGHT SG/HK PROPERTY AT 1996 HIGHS HAVE TO WAIT TILL 2010S TO BREAK EVEN.WHAT ABOUT THOSE WHO BOUGHT NOL AT $5,COSCO AT $7??WHAT ABOUT THOSE WHO BOUGHT GOLD AT A FUCKING $1800??PEOPLE LIKE ME,WHO HAS NO STEADY INCOME,CHERISH ASSETS AT ALL TIME LOWS OR DEAD IN A COFFIN AFTER PLUNGING.MAJORITY WHO ARE ALSO THE WORKING CLASS,DO NOT KNOW HOW TO CHERISH THESE CHANCES.THE MORE THEY ARE AFRAID THEIR MONEY WILL BE TIED UP AT LOWS,THE MORE THEIR MONEY WILL BE TIED UP AT HIGHS,AND BEING TIED UP AT HIGHS WILL TAKE NEAR DECADES TO BREAKEVEN.LOOK AT SP500 2000 TO 2007,SG/HK PROPERTIES FROM 1996-2011.
MY PHILOSOPHY IS FUCKING SIMPLE:GET TIED UP AT LOWS IS MUCH MORE SHORTER TIME DURATION THAN GET TIED UP AT HIGHS.
AND I FUCKINGLY CANNOT AFFORD THE TIE UP LIKE THE WORKING CLASS-SIMPLY BECAUSE I AM NOT A FUCKING WHINING LOSER.MONEY COMES EASY,MONEY GOES EASY.
p.s-what happen to my cousin who rejected my advice on buying stocks in CHINESE NEW YEAR 2009??HE COULD HAVE EARNED AT LEAST DOUBLE IF HE LISTENED TO ME.I DO NOT MIND HIM NOT LISTENING TO ME,BUT HE ACTUALLY DID A MORE STUPID THING-BUYING A CONDOMINIUM AFTER CONDO PRICES HAVE SURGED 50% TO 100% IN 2011.AFTER HE BOUGHT,CAME THE PROPERTY COOLING MEASURES.----I ALREADY SAID JUST NOW"THOSE WHO COOK UP A THOUSAND REASONS AND MYTHS TO AVOID BUYING AT LOWS WILL SOMEHOW GET THEMSELVES TIED UP AT HIGHS!!".
life is full of ironies--THE MORE YOU FEAR BEING TIED UP,THE HIGHER THE PROBABILITY AND THE LONGER THE DURATION YOU WILL BE TIED UP"
ARTICLE TO SUPPORT HERD MENTALITY:
How Much Do MRT Stations Determine Singapore Condo Property prices?
Posted by Angeline Bay | September 10th, 2011 | Published in Money
How far do prices of homes vary according to their proximity to major transport bases? See what City Developments’ property market analysis based on the location of homes near MRT Stations has to say. Do other developers feel the same way?
Kwek Leng Beng, executive chairman of major property player City Developments, has a few things to say of cost trends within the Singapore market. Within the next six several weeks, he stated, designers may adjust downwards launch prices of non-public housing projects that aren’t situated near MRT stations by about 5 percent if they would like to move models, among greater buyer caution.
However, developers of projects that are well located, close to MRT stations, should be able to hold prices or even marginally increase them by 1-3 per cent, he said. ‘I believe the market will not crash unless of course the worldwide scenario is so bad.’ He made these comments after announcing CDL’s second-quarter results. The group posted a 17 per cent year-on-year increase in net profit to $220.9 million for Q2 2011. Besides how acutely the economic situation in the US and Europe pans out and its impact on Singapore, price movements for private homes will also depend on local competition. ‘If in the vicinity, there are three or four developers selling at the same time, you will definitely have to consider reducing the price if you want to get out earlier.’
Requested concerning the impact of the potential recession here triggered by occasions in america and Europe on Singapore condo prices, Mr Kwek stated: ‘I don’t believe that it’ll impact a great deal unless of course rates of interest feel the roof . . . Right now, the marketplace is filled with liquidity, rates of interest are extremely low, and there’s deficiencies in alternative opportunities.
Just like in any other major city, proximity to train and bus stations may make a significant difference in home sale and rental prices. HDB flat in Commewealth Crescent. Go Ahead And Take Clift, for instance. The Clift is really a 99-years leasehold apartment development situated at 15 McCallum Street, Singapore 069045, in District 01, minutes walk to Tanjong Pagar MRT Station.
He also said he does not envisage an oversupply in 2013-2014 as predicted by some analysts, as ‘I don’t think (the government) will come up with new measures to destabilise the market’ given the uncertain environment, following Standard & Poor’s downgrade of US credit rating and the worsening of Europe’s sovereign debt crisis. ‘I think the government is more concerned about public housing and the new (National Development) Minister has taken positive action,’ Mr Kwek added.
He said global cooperation among governments as seen during the Lehman debacle can once again help to stabilise markets – although ‘this time I believe it will take a little bit longer … it is a little bit harder’. ‘Everything is overblown. That is human nature. Just like property, the higher property prices go up, the more you want to buy, I guarantee you. The lower it goes, the more scared you are,’ he quipped.
As the Republic could see a technical recession, ‘I think Singapore is within good stead provided we do not disturb the federal government an excessive amount of by worrying (a lot). If you need to pay attention to a lot of complaints, then you definitely dwindle centered on what for you to do …
Hopefully government will pay attention to constructive suggestions and feedback and simultaneously getting heard so (much from) a lot of people, it has to exercise, as previously, its leadership quality. We can’t please everybody’.
If we continue to welcome foreigners … and we become more prosperous because government and private sectors work closely, there are a lot of gains to be had. But if we keep on arguing …. we cannot progress very much. We have to be realistic and pragmatic.’ He also stressed the importance of continuing to attract businesses from overseas to anchor in Singapore.
TO DEBUNK THIS FUCKING IRRITATING MYTH,I,NUS GRADUATE IN MATHS,MAKE MYSELF UNEMPLOYED.
ONLY WHEN I AM UNEMPLOYED,MY MONEY DOES NOT COME EASILY AS THOSE WORKING CLASS,THEN I KNOW HOW TO CHERISH OPPORTUNITES IN STOCKS/PROPERTIES/GOLD,ETC.
WHO ARE THE ONES WHO ALWAYS GET TIED IN STOCKS/PROPERTIES/GOLD AT HIGHS???THE FUCKING MAJORITY.WHO ARE THE MAJORITY?THE WORKING CLASS.REMEMBER THOSE WHO BOUGHT SG/HK PROPERTY AT 1996 HIGHS HAVE TO WAIT TILL 2010S TO BREAK EVEN.WHAT ABOUT THOSE WHO BOUGHT NOL AT $5,COSCO AT $7??WHAT ABOUT THOSE WHO BOUGHT GOLD AT A FUCKING $1800??PEOPLE LIKE ME,WHO HAS NO STEADY INCOME,CHERISH ASSETS AT ALL TIME LOWS OR DEAD IN A COFFIN AFTER PLUNGING.MAJORITY WHO ARE ALSO THE WORKING CLASS,DO NOT KNOW HOW TO CHERISH THESE CHANCES.THE MORE THEY ARE AFRAID THEIR MONEY WILL BE TIED UP AT LOWS,THE MORE THEIR MONEY WILL BE TIED UP AT HIGHS,AND BEING TIED UP AT HIGHS WILL TAKE NEAR DECADES TO BREAKEVEN.LOOK AT SP500 2000 TO 2007,SG/HK PROPERTIES FROM 1996-2011.
MY PHILOSOPHY IS FUCKING SIMPLE:GET TIED UP AT LOWS IS MUCH MORE SHORTER TIME DURATION THAN GET TIED UP AT HIGHS.
AND I FUCKINGLY CANNOT AFFORD THE TIE UP LIKE THE WORKING CLASS-SIMPLY BECAUSE I AM NOT A FUCKING WHINING LOSER.MONEY COMES EASY,MONEY GOES EASY.
p.s-what happen to my cousin who rejected my advice on buying stocks in CHINESE NEW YEAR 2009??HE COULD HAVE EARNED AT LEAST DOUBLE IF HE LISTENED TO ME.I DO NOT MIND HIM NOT LISTENING TO ME,BUT HE ACTUALLY DID A MORE STUPID THING-BUYING A CONDOMINIUM AFTER CONDO PRICES HAVE SURGED 50% TO 100% IN 2011.AFTER HE BOUGHT,CAME THE PROPERTY COOLING MEASURES.----I ALREADY SAID JUST NOW"THOSE WHO COOK UP A THOUSAND REASONS AND MYTHS TO AVOID BUYING AT LOWS WILL SOMEHOW GET THEMSELVES TIED UP AT HIGHS!!".
life is full of ironies--THE MORE YOU FEAR BEING TIED UP,THE HIGHER THE PROBABILITY AND THE LONGER THE DURATION YOU WILL BE TIED UP"
ARTICLE TO SUPPORT HERD MENTALITY:
How Much Do MRT Stations Determine Singapore Condo Property prices?
Posted by Angeline Bay | September 10th, 2011 | Published in Money
How far do prices of homes vary according to their proximity to major transport bases? See what City Developments’ property market analysis based on the location of homes near MRT Stations has to say. Do other developers feel the same way?
Kwek Leng Beng, executive chairman of major property player City Developments, has a few things to say of cost trends within the Singapore market. Within the next six several weeks, he stated, designers may adjust downwards launch prices of non-public housing projects that aren’t situated near MRT stations by about 5 percent if they would like to move models, among greater buyer caution.
However, developers of projects that are well located, close to MRT stations, should be able to hold prices or even marginally increase them by 1-3 per cent, he said. ‘I believe the market will not crash unless of course the worldwide scenario is so bad.’ He made these comments after announcing CDL’s second-quarter results. The group posted a 17 per cent year-on-year increase in net profit to $220.9 million for Q2 2011. Besides how acutely the economic situation in the US and Europe pans out and its impact on Singapore, price movements for private homes will also depend on local competition. ‘If in the vicinity, there are three or four developers selling at the same time, you will definitely have to consider reducing the price if you want to get out earlier.’
Requested concerning the impact of the potential recession here triggered by occasions in america and Europe on Singapore condo prices, Mr Kwek stated: ‘I don’t believe that it’ll impact a great deal unless of course rates of interest feel the roof . . . Right now, the marketplace is filled with liquidity, rates of interest are extremely low, and there’s deficiencies in alternative opportunities.
Just like in any other major city, proximity to train and bus stations may make a significant difference in home sale and rental prices. HDB flat in Commewealth Crescent. Go Ahead And Take Clift, for instance. The Clift is really a 99-years leasehold apartment development situated at 15 McCallum Street, Singapore 069045, in District 01, minutes walk to Tanjong Pagar MRT Station.
He also said he does not envisage an oversupply in 2013-2014 as predicted by some analysts, as ‘I don’t think (the government) will come up with new measures to destabilise the market’ given the uncertain environment, following Standard & Poor’s downgrade of US credit rating and the worsening of Europe’s sovereign debt crisis. ‘I think the government is more concerned about public housing and the new (National Development) Minister has taken positive action,’ Mr Kwek added.
He said global cooperation among governments as seen during the Lehman debacle can once again help to stabilise markets – although ‘this time I believe it will take a little bit longer … it is a little bit harder’. ‘Everything is overblown. That is human nature. Just like property, the higher property prices go up, the more you want to buy, I guarantee you. The lower it goes, the more scared you are,’ he quipped.
As the Republic could see a technical recession, ‘I think Singapore is within good stead provided we do not disturb the federal government an excessive amount of by worrying (a lot). If you need to pay attention to a lot of complaints, then you definitely dwindle centered on what for you to do …
Hopefully government will pay attention to constructive suggestions and feedback and simultaneously getting heard so (much from) a lot of people, it has to exercise, as previously, its leadership quality. We can’t please everybody’.
If we continue to welcome foreigners … and we become more prosperous because government and private sectors work closely, there are a lot of gains to be had. But if we keep on arguing …. we cannot progress very much. We have to be realistic and pragmatic.’ He also stressed the importance of continuing to attract businesses from overseas to anchor in Singapore.
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