View Full Version : How much of your spare cash goes into property
together with my new mortgage insurance, i am also reviewing my other insurance portfolio. so i am now thinking - how much of my spare cash should i set aside for normal investment (unit trust/bonds/equities, etc), and how much should i set aside to quickly repay my housing loan.
of coz, easy answer is since loan=1% and if investments can get more than 1%, then go for investments. but it is not the simple. investments have downsides (even bonds), while repaying that housing loan is more assuring, psychologically. one is a bet, the other is a certainty.
ok, for discussion purpose. say i now have 5k spare cash every month. and a decent buffer for housing loan repayment for 6-12 months.
what will u do with the 5k?
together with my new mortgage insurance, i am also reviewing my other insurance portfolio. so i am now thinking - how much of my spare cash should i set aside for normal investment (unit trust/bonds/equities, etc), and how much should i set aside to quickly repay my housing loan.
of coz, easy answer is since loan=1% and if investments can get more than 1%, then go for investments. but it is not the simple. investments have downsides (even bonds), while repaying that housing loan is more assuring, psychologically. one is a bet, the other is a certainty.
ok, for discussion purpose. say i now have 5k spare cash every month. and a decent buffer for housing loan repayment for 6-12 months.
what will u do with the 5k?
I am very conservative. A few properties are fully paid and one property that can be repaid any time. Holding shares and cash now and shares are 25% of cash.
Don't really know what to do with the cash but I think it is better to conserve the cash than to lose it by reckless investments.
buttercarp
06-12-12, 11:50
5k cash, I dunno what to invest in.
Maybe just keep it or spend it as and when I like.
5k is not a lot of money. i am conservative by nature so for me i will use it to pay off the mortgage 1st.
buttercarp
06-12-12, 12:23
If it is really spare cash and nothing to do with it, mabbe go casino :D ?
Take it as a recreational hobby.
Then mabbe lucky like the hawker aunty who strike jackpot.
If it is really spare cash and nothing to do with it, mabbe go casino :D ?
Take it as a recreational hobby.
Then mabbe lucky like the hawker aunty who strike jackpot.
:doh: :doh: :doh: :doh:
Singapore investment no more bullet.. now Im moving to Second Link johor and found gems there... but there are risk
Singapore investment no more bullet.. now Im moving to Second Link johor and found gems there... but there are risk
I lost money in Malaysia years ago and no amount of returns can entice me to go in again.
together with my new mortgage insurance, i am also reviewing my other insurance portfolio. so i am now thinking - how much of my spare cash should i set aside for normal investment (unit trust/bonds/equities, etc), and how much should i set aside to quickly repay my housing loan.
of coz, easy answer is since loan=1% and if investments can get more than 1%, then go for investments. but it is not the simple. investments have downsides (even bonds), while repaying that housing loan is more assuring, psychologically. one is a bet, the other is a certainty.
ok, for discussion purpose. say i now have 5k spare cash every month. and a decent buffer for housing loan repayment for 6-12 months.
what will u do with the 5k?
I keep 200k cash buffer...
together with my new mortgage insurance, i am also reviewing my other insurance portfolio. so i am now thinking - how much of my spare cash should i set aside for normal investment (unit trust/bonds/equities, etc), and how much should i set aside to quickly repay my housing loan.
of coz, easy answer is since loan=1% and if investments can get more than 1%, then go for investments. but it is not the simple. investments have downsides (even bonds), while repaying that housing loan is more assuring, psychologically. one is a bet, the other is a certainty.
ok, for discussion purpose. say i now have 5k spare cash every month. and a decent buffer for housing loan repayment for 6-12 months.
what will u do with the 5k?
Save your 5k for bullets to hoot something.:D
5k per month, 1 year 60k, 2 year 120k, 3 year 180k.....
just checked my bank accounts after reading this....
borrowed so much and hardly have any cash on hand....:doh:
phantom_opera
06-12-12, 20:26
sometimes do nothing is the best strategy :rolleyes:
Technically, after including bank loans, I have no spare cash. Only big debts. :scared-5:
Save your 5k for bullets to hoot something.:D
5k per month, 1 year 60k, 2 year 120k, 3 year 180k.....
that's the dilemma... 3 yr 180k.. maybe invest in something.. can become 360k in 3 years.. then can hoot something BIGGER
just checked my bank accounts after reading this....
borrowed so much and hardly have any cash on hand....:doh:
Technically, after including bank loans, I have no spare cash. Only big debts. :scared-5:
i think.. save for the respected big brudders here. most of us are in the same situation.. which is all the more impt to consider putting spare cash to grow something, rather than throw into 1% loan repayment
sometimes do nothing is the best strategy :rolleyes:
wise words.. hard to do
just checked my bank accounts after reading this....
borrowed so much and hardly have any cash on hand....:doh:
uncle laguna got good cash flow?
i think don't need worry too much . :o
Technically, after including bank loans, I have no spare cash. Only big debts. :scared-5:
worth the risk or not?
worth the risk or not?
bro, big debt sure got what... if you buy 1mil ppty, down 20%, you also left 100k spare cash (not including incidental costs). to buy ppty in sgp and not have big debt, very difficult for most normal pple.
there is a diff betw good debt and bad debt. buy car sure bad debt. for you, 1mil ppty already cover 300k payment, quite safe from bank recall leow. if you afraid of debt, difficult to start anywhere.
our big brudders here with multiple ppty are easily not the top 20% but top 1% in sgp. cannot use them as comparison.
bro, big debt sure got what... if you buy 1mil ppty, down 20%, you also left 100k spare cash (not including incidental costs). to buy ppty in sgp and not have big debt, very difficult for most normal pple.
there is a diff betw good debt and bad debt. buy car sure bad debt. for you, 1mil ppty already cover 300k payment, quite safe from bank recall leow. if you afraid of debt, difficult to start anywhere.
our big brudders here with multiple ppty are easily not the top 20% but top 1% in sgp. cannot use them as comparison.
yea..me is sometimes feel very stress reading posts here.. :o:o
Bro Shanz, today I super duper good mood... Are you ready for some exercise ???
Answer the following questions and I will ask some more questions a long the way for you to answer so we can together get an answer (hopefully)
Can you tell me the years where the property markets dip big time??
List the year...
I will continue from there.
yea..me is sometimes feel very stress reading posts here.. :o:o
Bro, why stress??? To have big muscles, you need to carry weight and increase along the way... No immediate results hor...
To have knowledge, you need to read and read and read... No immediate results hor.
You carry weight for 3 month and you expect to look like Arnold or the hulk???:confused::confused::confused:
Bro Shanz, today I super duper good mood... Are you ready for some exercise ???
Answer the following questions and I will ask some more questions a long the way for you to answer so we can together get an answer (hopefully)
Can you tell me the years where the property markets dip big time??
List the year...
I will continue from there.
haha, bro, r u gg to tell me to time the mkt and it is better to enter during dip? (which i dun dispute)
anyway, discounting 1986, the next 2 dips are 98/99 and 2009. plateau between 2003-2006, but not exactly a dip there (i got my HDB during this period).
haha, bro, r u gg to tell me to time the mkt and it is better to enter during dip? (which i dun dispute)
anyway, discounting 1986, the next 2 dips are 98/99 and 2009. plateau between 2003-2006, but not exactly a dip there (i got my HDB during this period).
Sorri... in meeting...
OK.. What caused the dip in 98 and 2009?
OK, I answer - Financial Crisis and Lehman Bro
What happened during that period?
Recession
So all dips come recession.... Rite !!!!
I answered some of the questions lah... If not too long... To and Fro...
Now comes the interesting part :
Could anyone have predicted this catastrophe???
Please answer -
Once you answer that, my "final" answer will be revealed to you via PM.
Hahahahahaha:D
This means, if a global recession risk is identified, v hard for real recession to come.
Real recession always occur when ppl least expected it.
Is this the gist of ur words mr chestnut?
just checked my bank accounts after reading this....
borrowed so much and hardly have any cash on hand....:doh:
Surprising for a seasoned investor like you. I guess you are bullish on property.
This means, if a global recession risk is identified, v hard for real recession to come.
Real recession always occur when ppl least expected it.
Is this the gist of ur words mr chestnut?
Bro, u said it.... not me... Hahahahaha
Was 1997 and 2007/8 ever predicted????
When people predicted the recession, it is avoided and made less by the sure force of govt intervention - give employer money to hire, lower corporate tax, give bonus, etc...
Major events happen with extreme Euphoria !!! :eek::eek::eek:
Are we seeing it today???
Surprising for a seasoned investor like you. I guess you are bullish on property.
Sis, she checked the wrong bank account lah... Too many accouts opened...
I also check my account than wonder why so little only to realise the money are all in the other few accounts... When people > 45, such things happens.
Thats why I type, so I can remember what I just said. Hahahahaha
:cheers4::cheers4::cheers4:
Bro, u said it.... not me... Hahahahaha
Was 1997 and 2007/8 ever predicted????
When people predicted the recession, it is avoided and made less by the sure force of govt intervention - give employer money to hire, lower corporate tax, give bonus, etc...
Major events happen with extreme Euphoria !!! :eek::eek::eek:
Are we seeing it today???
08 pop of US property bubble was predicted. I sold all my stock end 07. It is the collapse of Lehman etc and subsequent credit freeze that was unpredicted. If u recall spore pty stalled for most of 08, but after Lehman the real dip and correction began.
currently we may be close to experiencing something similar heading into 2013. What is absent is the 'Lehman' element. Govts r better prepared this time, so as long as no Lehman happens we will probably continue to cruise at stall speed. Ppl say "this time it is different"... it is different only in the kind of 'Lehman' that pops up, but the outcome is always the same. :2cents:
08 pop of US property bubble was predicted. I sold all my stock end 07. It is the collapse of Lehman etc and subsequent credit freeze that was unpredicted. If u recall spore pty stalled for most of 08, but after Lehman the real dip and correction began.
currently we may be close to experiencing something similar heading into 2013. What is absent is the 'Lehman' element. Govts r better prepared this time, so as long as no Lehman happens we will probably continue to cruise at stall speed. Ppl say "this time it is different"... it is different only in the kind of 'Lehman' that pops up, but the outcome is always the same. :2cents:
Bro, subprime was the cause of the bubble lah... How to lend to people who cannot even afford and when real interest rate kick in, people cannot pay wat... Would the recession be so bad if Lehman did not collapse??? The whole banking stopped lending money leh... It is like a car without engine oil... Retrenchment caused the deep recession...
I am talking about major recession... Minor recession, recovery will be fast. people dont lose job, houses will not be sold...
Look at 09, was the recovery fast??? IF it was long and deep, what would happen??? Hahahahaha
The unexpected can never be prepared .... It will just happen... And it happens with Euphoria - like the US property bubble, the dot com era, when everyone talks about 4 tigers.
If economy grows at 2.5% per year, whats there to pop???
Sis, she checked the wrong bank account lah... Too many accouts opened...
I also check my account than wonder why so little only to realise the money are all in the other few accounts... When people > 45, such things happens.
Thats why I type, so I can remember what I just said. Hahahahaha
:cheers4::cheers4::cheers4:
me don't mind to have a few god-brothers or god sisters from this forum.. :o:p
Bro, subprime was the cause of the bubble lah... How to lend to people who cannot even afford and when real interest rate kick in, people cannot pay wat... Would the recession be so bad if Lehman did not collapse??? The whole banking stopped lending money leh... It is like a car without engine oil... Retrenchment caused the deep recession...
I am talking about major recession... Minor recession, recovery will be fast. people dont lose job, houses will not be sold...
Look at 09, was the recovery fast??? IF it was long and deep, what would happen??? Hahahahaha
The unexpected can never be prepared .... It will just happen... And it happens with Euphoria - like the US property bubble, the dot com era, when everyone talks about 4 tigers.
If economy grows at 2.5% per year, whats there to pop???
09 recovery was fast simply bcos asian govts knew not to repeat the mistakes of 97. Humans learn, so each time things will be slightly different. :2cents:
09 recovery was fast simply bcos asian govts knew not to repeat the mistakes of 97. Humans learn, so each time things will be slightly different. :2cents:
Bro, my opinion - if US did not come out with QE, no amount of intervention from Asian govt would have helped...
Remember what MM said about dark ages... QE brought all the hot money here and it is still coming my friend....
Collective (social) amnesia was said to be the reason why most analysts failed to predict the failing of Lehman Brothers. Looking at various crisis that took us by surprises, was collective amnesia the problem the human race is struggling with?
Collective (social) amnesia was said to be the reason why most analysts failed to predict the failing of Lehman Brothers. Looking at various crisis that took us by surprises, was collective amnesia the problem the human race is struggling with?
It was more than that.... There was a reason... They could have been saved but wasn't. That was all. The rest is history... :D :spliff:
Bro, u said it.... not me... Hahahahaha
Was 1997 and 2007/8 ever predicted????
When people predicted the recession, it is avoided and made less by the sure force of govt intervention - give employer money to hire, lower corporate tax, give bonus, etc...
Major events happen with extreme Euphoria !!! :eek::eek::eek:
Are we seeing it today???
bro, sorry, had a busy day today. this is what i mentioned in another post. are we talking about the same thing... EUPHORIA???
http://forums.condosingapore.com/showpost.php?p=338514&postcount=15843
during the last 2 crisis (1997 and 2007), the STI and DJIA both looked peakish just before the crash. not only that, they were pushed up to a high peak in a short time before it collapsed. there's a lot of euphoria in the mkt just before it tanked.
however, both STI and DJIA are off their last peaks currently.
STI 3000 vs 3600+
DJIA 13,000 vs 14,100+
and if you look at the stock mkt, it is hardly euphoric now. lots of fear and bad expectations. mkt hardly is "greedy" based on buffett's theory of being fearful when mkt is greedy.
just looking at this unscientific evidence - we are hardly looking at any major mkt crash at this point in time.
or are we?
bro, sorry, had a busy day today. this is what i mentioned in another post. are we talking about the same thing... EUPHORIA???
http://forums.condosingapore.com/showpost.php?p=338514&postcount=15843
Bro, Bottomline
1. Major dips in property only happens with major recession.
2. No recession (flat GDP) - constant, slight up or slight down.
3. Major recessions occur with black swan.
4. If everyone predicting recession, all things will be done to avoid or minimize it.
5. Bubble will only be created with euphoria and everyone in the bandwagon.
6. This is where potentially an event will happen.
So my question to you is, are we seeing euphoria in stocks? Or properties?
You need to draw your own conclusion.
Cheers :cheers6:
So my question to you is, are we seeing euphoria in stocks? Or properties?
You need to draw your own conclusion.
Cheers :cheers6:
but hor.. now is euphoria in properties but not in stocks. haha
anyway answer is obvious.
but hor.. now is euphoria in properties but not in stocks. haha
anyway answer is obvious.
Bro, without cm, I agree with you... If prices rise by 20% per year, do you consider a euphoria? Do u see speculation? With SSD, suddently, all are investors (long term)...
Are condos selling out within 1 day??? To me sell out within a day is euphoria.
To me prices are dropping because prices should follow inflation rate. Cost of building, etc... Is already up...
Do u see us to drop. How to drop steeply when u are already down??
Bro, without cm, I agree with you... If prices rise by 20% per year, do you consider a euphoria? Do u see speculation? With SSD, suddently, all are investors (long term)...
Are condos selling out within 1 day??? To me sell out within a day is euphoria.
i'm too young to know the euphoria of sell out within 1 day. those days when u pay bangla and school boys to queue 3 days for condo unit - i heard of those days, but i was too young to care.
to me, every day record bidding is euphoria. but you are right. with CMs in place, there is hardly any speculation or euphoria. what we see are alot of MTB pple coming in to grab only. haha.
To me prices are dropping because prices should follow inflation rate. Cost of building, etc... Is already up...
Do u see us to drop. How to drop steeply when u are already down??
valid point - never looked at it from this perspective
Collective amnesia is something we need to look at it closely. Remember that the people who had learnt from past economic lessions are now longer around or are not in position to influence decisions today. The fact that collective amnesia always exist in mankind suggests that even as we are looking at it now, we my not even see it coming. People are all looking at preventing the break out of the euro zone, are looking at the not getting into negative growth. People are all positive about almost everything governments have done or plan to do to make things better and believe things can only get better. This "herb mentality" or collective amnesia has its place in history for the various crisis we did not see coming but they came.
Collective amnesia is something we need to look at it closely. Remember that the people who had learnt from past economic lessions are now longer around or are not in position to influence decisions today. The fact that collective amnesia always exist in mankind suggests that even as we are looking at it now, we my not even see it coming. People are all looking at preventing the break out of the euro zone, are looking at the not getting into negative growth. People are all positive about almost everything governments have done or plan to do to make things better and believe things can only get better. This "herb mentality" or collective amnesia has its place in history for the various crisis we did not see coming but they came.
But with each crisis, we overcame with vengence.
But with each crisis, we overcame with vengence.
Japan is still struggling after 2 decades. Has the US become stronger since the great depression? Is the word banking system getting stronger after each crisis?????
Japan is still struggling after 2 decades. Has the US become stronger since the great depression? Is the word banking system getting stronger after each crisis?????
We talking about SG properties.
We talking about SG properties.
Unfortunately, Singapore properties are good when the world is good.
Unfortunately, Singapore properties are good when the world is good.
Eh... true and not true.
Now world good or not? Showflats situation how?
When world recovers, showflats how?
Eh... true and not true.
Now world good or not? Showflats situation how?
When world recovers, showflats how?
The world is not good but "makes" to look good through monetary policies. It could get worst before it gets better or it could hang on there for sometime before it breaks.
The world is not good but "makes" to look good through monetary policies. It could get worst before it gets better or it could hang on there for sometime before it breaks.
omg! like this post! :D:cheers5:
The world is not good but Singapore OCR private property prices hitting >S$1500 psf!
Can't imagine what the property prices will be when the world turned to become good! :banghead:
The world is not good but "makes" to look good through monetary policies. It could get worst before it gets better or it could hang on there for sometime before it breaks.
Unfortunately, Singapore properties are good when the world is good.
The world is not good but Singapore OCR private property prices hitting >S$1500 psf!
Can't imagine what the property prices will be when the world turned to become good! :banghead:
Has anyone considered the possibility that when the world (US, Eurozone) gets better and the money and investment flow from East to West, will it actually does more harm than good for SG property?
Don't worry, don't you see interest rate is soooooo lowwwww? That is because a lot of CASH still parked in bank earning almost 0% by many people. When world economy recovers, all these CASH will be taken out of the banks to be invested in properties & shares!
Has anyone considered the possibility that when the world (US, Eurozone) gets better and the money and investment flow from East to West, will it actually does more harm than good for SG property?
Has anyone considered the possibility that when the world (US, Eurozone) gets better and the money and investment flow from East to West, will it actually does more harm than good for SG property?
You surely understand economics. Singapore is indeed in a catch 22 situation. Many choose to ignore this threat.
Has anyone considered the possibility that when the world (US, Eurozone) gets better and the money and investment flow from East to West, will it actually does more harm than good for SG property?
Bro, your theory is very subjective... It is all about possibilities... If it is a certainty, than what do u expect over the next 2 years for Singapore? If it is so certain, quickly buy 1 more unit and shift in... Than sell your old unit in 2 years time lar??
The world direction is made up of more than theories lar...
There is a possibility that Singapore will stagnant with limiting migrants. There is a possibility that locals will be paid higher, there is a possibility that we will fall into recession. There is a possibility that the property price will drop. There is a possibility that us never recover and no one will buy bonds from us anymore.
Sorry bro, very high possibility I talking rubbish today. Hahahaha but u are right lar, it is a possibility, but how high, u did not state? Please state and I see if you possibly are right or wrong? Cheers
:cheers4: :cheers4:
Don't worry, don't you see interest rate is soooooo lowwwww? That is because a lot of CASH still parked in bank earning almost 0% by many people. When world economy recovers, all these CASH will be taken out of the banks to be invested in properties & shares!
If Western economy recovers, the US interest should go up accordingly so as ours. I am just concern that once the world economy picks up, it marks the end of low interest env.
Bro, your theory is very subjective... It is all about possibilities... If it is a certainty, than what do u expect over the next 2 years for Singapore? If it is so certain, quickly buy 1 more unit and shift in... Than sell your old unit in 2 years time lar??
The world direction is made up of more than theories lar...
There is a possibility that Singapore will stagnant with limiting migrants. There is a possibility that locals will be paid higher, there is a possibility that we will fall into recession. There is a possibility that the property price will drop. There is a possibility that us never recover and no one will buy bonds from us anymore.
Sorry bro, very high possibility I talking rubbish today. Hahahaha but u are right lar, it is a possibility, but how high, u did not state? Please state and I see if you possibly are right or wrong? Cheers
:cheers4: :cheers4:
Not a theory la just a thought thinking out loud. Probably nonsense.
By the way I don't quite get it this part "quickly buy 1 more unit and shift in... Than sell your old unit in 2 years time". How does it help?
If Western economy recovers, the US interest should go up accordingly so as ours. I am just concern that once the world economy picks up, it marks the end of low interest env.
And cash funds flows back into western countries, be it back into stocks, properties etc etc. List goes on....
And cash funds flows back into western countries, be it back into stocks, properties etc etc. List goes on....
when the world economy picks up proper, everything will be chugging along. jobs are aplenty, fear is out. when that happens, even if i/r goes up and funds are taken out from sgp, we will still have chinese and other nationalities laundering their $$ by putting into sgp ppty. so not a worry.
due to banking secrecy issue, swiss banks are no longer going to be the place to put $$$. so it has to be s'pore.
now too much fear in the mkt. the real challenge will come when there is NO fear.
Not a theory la just a thought thinking out loud. Probably nonsense.
By the way I don't quite get it this part "quickly buy 1 more unit and shift in... Than sell your old unit in 2 years time". How does it help?
If u expect things to go good for the next 2 yrs,(only if u really think and believe so). Than quickly grab 1 more(but u will be subject to 4 yrs SSD rite). When prices go up in 2 yrs, sell your older unit. No SSD wat.
Bro, I talking rubbish hor... Don't always listen to me... I am just a mid aged man with a lunatic mind that sometimes sprout nonsense.
Hahahaha
:cheers4: :cheers5: :cheers3:
phantom_opera
09-12-12, 12:24
If the West recovers, price of CCR will hit the roof
when the world economy picks up proper, everything will be chugging along. jobs are aplenty, fear is out. when that happens, even if i/r goes up and funds are taken out from sgp, we will still have chinese and other nationalities laundering their $$ by putting into sgp ppty. so not a worry.
due to banking secrecy issue, swiss banks are no longer going to be the place to put $$$. so it has to be s'pore.
now too much fear in the mkt. the real challenge will come when there is NO fear.
Bro, gila is rite to a certain extend... The flow of hot money then... Watch out for that... The hot money borrow at low interest. If and when interest goes up, hot money will flow back. S u need to watch that part...
So technically, there are so many components to watch out for. So u cannot rely on simple theories.... U need to monitor events and keep in your head to watch out for it.. I cannot explain lar... All in my brain...
Hahahaha
But bro, I noticed u put in a lot of effort.... Very good...
Try to get the tape - immersion protocol. Very interesting concept of how to accelerate learning. May or may not work....
Bro, when there is fear, there will be less major issue... If there is no fear, enjoy for a while and then pull out... The perfect storm will than hit. Or a tsunami will happen... It always happens before a good calmness.. Hahahaahha
Bro, gila is rite to a certain extend... The flow of hot money then... Watch out for that... The hot money borrow at low interest. If and when interest goes up, hot money will flow back. S u need to watch that part...
So technically, there are so many components to watch out for. So u cannot rely on simple theories.... U need to monitor events and keep in your head to watch out for it.. I cannot explain lar... All in my brain...
Hahahaha
But bro, I noticed u put in a lot of effort.... Very good...
Try to get the tape - immersion protocol. Very interesting concept of how to accelerate learning. May or may not work....
Yah bro, too many parameters. Tats why theory is good, but need to apply to various permutation and decide conclusion. Thats why theories are the same, but winners only got 80/20. The 20s. Haha.
Seems like immersion protocol is not avail. Will check library when got chance.
Since u gai siao me one tape, i also share one. Spirit science 12. On youtube.
If u expect things to go good for the next 2 yrs,(only if u really think and believe so). Than quickly grab 1 more(but u will be subject to 4 yrs SSD rite). When prices go up in 2 yrs, sell your older unit. No SSD wat.
Bro, I talking rubbish hor... Don't always listen to me... I am just a mid aged man with a lunatic mind that sometimes sprout nonsense.
Hahahaha
:cheers4: :cheers5: :cheers3:
No chance for me. 40% down kills all ideas.
No chance for me. 40% down kills all ideas.
Bro, never underestimate the power of your desire,... There are always ways around it... :cheers4: :cheers4:
Do not see the problem... See the solution...
80% only see problems. 20% see solutions/opportunities.
:cheers4:
We learn from experience that men never learn anything from experience.
George Bernard Shaw
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