Yeah, now waiting for completion. My strategy is always the same. Sell off those with higher profit and keep those bought recently for rental. Best of both world.
Originally Posted by jwong71
Valued Contributor
Yeah, now waiting for completion. My strategy is always the same. Sell off those with higher profit and keep those bought recently for rental. Best of both world.
Newbie
now is different from 2009, right?Now you are attacking even the Chief Valuer
Remember in 2009, Sim Lian bid for the current Waterview site at Tampines ... also rejected
If investment so simple, full of billionaires in this world already
Remember the cost of construction is also affected by QEs as construction material is priced in USD (btw our SGD only gain 15% against USD since QE1) .. if you have a maid, most likely she is asking for higher salary too ...
In a way, QEs inflating the whole world, you have no choice dude
In 2009 people may think the market was at its bottom, but now, I doubt anyone would think in that way, even the most bullish bull in this forum
Banned
now you think over it, whether is BB or god or sky or .....very clever...they created a 2009 & QE, let you think things will not fall apart....nobody trust real fox is coming now, everybody just jump in, property or stock, once, they sell everything, that is it, the road of no return.....
greedy people ought to be killed without mercy, no bailout let them pay their lesson for the rest of life....be fair to all citizens....
those pocketed money, vomit out everything plus tons of debt to be paid for next 15-20 yrs....
this is called real smart...not those fool, kay smart....carry all their babies for whole life.....haha.....
Music of the night
In fact, there are people like Paul Krugman who argues that everybody should be on near zero rate .... which will of course further fuel inflation in Singapore:
I believe that the ECB rate hike earlier this year will go down in history as a classic example of policy idiocy. We would probably still be in this mess even if the ECB hadn’t raised rates, but the sheer stupidity of obsessing over inflation when the euro was obviously at risk boggles the mind.
Ride at your own risk !!!
Newbie
There are different asset classes in the physical assets
real estate is definitely no agriculture commodities
Exalted
refer back to teddy's posts.....he highlighted basic's comment in Red......perhaps teddy shd expand the font too
Banned
really point 3 is the real simple math....no way out liao....
I 100% sure that liar devilplate don't know how to calculate....haha....
Barclays Says Italy Is Finished
November 9th, 2011
The Barclays point of view:
1) At this point, it seems Italy is now mathematically beyond point of no return
2) While reforms are necessary, in and of itself not be enough to prevent crisis
3) Reason? Simple math–growth and austerity not enough to offset cost of debt
4) On our ests, yields above 5.5% is inflection point where game is over
5) The danger:high rates reinforce stability concerns, leading to higher rates
6) and deeper conviction of a self sustaining credit event and eventual default
7) We think decisions at eurozone summit is step forward but EFSF not adequate
8) Time has run out–policy reforms not sufficient to break neg mkt dynamics
9) Investors do not have the patience to wait for austerity, growth to work
10) And rate of change in negatives not enuff to offset slow drip of positives
11) Conclusion: We think ECB needs to step up to the plate, print and buy bonds
12) At the moment ECB remains unwilling to be lender last resort on scale needed
13) But frankly will have hand forced by market given massive systemic risk
Exalted
i tink its a fair assumption tat basic sold his ppty cheaply in 09 and nvr expect SG ppty to rebound so quickly whereas USA ppty still crashing at the same time.....now you think over it, whether is BB or god or sky or .....very clever...they created a 2009 & QE, let you think things will not fall apart....nobody trust real fox is coming now, everybody just jump in, property or stock, once, they sell everything, that is it, the road of no return.....
greedy people ought to be killed without mercy, no bailout let them pay their lesson for the rest of life....be fair to all citizens....
those pocketed money, vomit out everything plus tons of debt to be paid for next 15-20 yrs....
this is called real smart...not those fool, kay smart....carry all their babies for whole life.....haha.....
so basically he is hoping ppty to drop >50% so tat the px can drop below wat he sold in 09(seller's remorse)
Banned
liar king...you lost all your credibility only talking of personal thing....real childish boy boy.....keep grumbling like chow cha bo.....haha....
nobody interested such thing lah, liar.....
Newbie
Jim Roger even now asking people to buy physical assets like commodities - gold, and especially agriculture commodities! Quoting him and said gold and property will crash is like slapping yourself in the face? Quote wrong person lah!
Quote:
Originally Posted by basic
Jim Roger moved to spore 3-4 yrs liao...till today, he has not bought a property yet....still renting....
many fools here laughed at renting...go & laugh at him lah....got money, who carre rent or buy...got money got time...only let those with tons of DEBT, work like dog, then bark like dog here.....
holding property now, they thought holding gold....even gold will crash eventually, sure much earlier than property....there is sequence one, property already too late now...no buyers, just hold on, wait for greece, italy, PIIGS, france, US, UK, China, Japan, Germany.....anyone will cause domino to fall 1 by 1....be patient lah....haha.....
Basic said that JR has been renting for the past 4 years so JR is not bullish on properties, I take it as a valid statement
Basic does not have to agree with JR on the gold price and I don't see any problem with that
JR did not recommend real estate property, did he?
It is teddy who bound gold and property together, isn't it?
What did I miss?
Exalted
tats wat teddy highlighted in red and i help to expand it in case some r color blindJim Roger moved to spore 3-4 yrs liao...till today, he has not bought a property yet....still renting....
many fools here laughed at renting...go & laugh at him lah....got money, who carre rent or buy...got money got time...only let those with tons of DEBT, work like dog, then bark like dog here.....
holding property now, they thought holding gold....even gold will crash eventually, sure much earlier than property....there is sequence one, property already too late now...no buyers, just hold on, wait for greece, italy, PIIGS, france, US, UK, China, Japan, Germany.....anyone will cause domino to fall 1 by 1....be patient lah....haha.....
Global recession is coming....
Property is not in his blood. Only Commodities is..
Is like people asking why Ng Teng Fong doesn't play paper Commodities like Jim Roger?
Exalted
JR urging ppl to buy Gold....rite?
but basic quote JR and double cross him by saying gold will crash earlier den ppty......so basically quote the wrong person lah....
basic is the one who bound gold and ppty tgt.....
Jim Roger moved to spore 3-4 yrs liao...till today, he has not bought a property yet....still renting....
many fools here laughed at renting...go & laugh at him lah....got money, who carre rent or buy...got money got time...only let those with tons of DEBT, work like dog, then bark like dog here.....
holding property now, they thought holding gold....even gold will crash eventually, sure much earlier than property....there is sequence one, property already too late now...no buyers, just hold on, wait for greece, italy, PIIGS, france, US, UK, China, Japan, Germany.....anyone will cause domino to fall 1 by 1....be patient lah....haha.....
Banned
liar king, you lost all credibility, only know expand & highlight...simple math also don't know, from all your posting, know nut.....
Newbie
I am not talking about investment property but he doesn't even buy a house for own stayProperty is not in his blood. Only Commodities is.
Is like people asking why Ng Teng Fong doesn't play paper Commodities like Jim Roger?
Property tycoons who don't investment in agriculture commodities buy rice for own consumptions, right?
Banned
finger point at me more, I am very scared....haha......
stupid fool......nobody care about you lah....
Newbie
I don't think so. Regarding JR Basic only said JR is still renting and he never "quote" JR in that post
It is Teddy who quoted JR
For the gold and property crash he never make reference to JR
it is your own inference, please?
By the way, before you call ppl color blind, read the post first
Exalted
u gave us a very good lesson....finger point at me more, I am very scared....haha......
stupid fool......nobody care about you lah....
tink before u post
Newbie
Jim Roger moved to spore 3-4 yrs liao...till today, he has not bought a property yet....still renting....
many fools here laughed at renting...go & laugh at him lah....got money, who carre rent or buy...got money got time...only let those with tons of DEBT, work like dog, then bark like dog here.....
holding property now, they thought holding gold....even gold will crash eventually, sure much earlier than property....there is sequence one, property already too late now...no buyers, just hold on, wait for greece, italy, PIIGS, france, US, UK, China, Japan, Germany.....anyone will cause domino to fall 1 by 1....be patient lah....haha.....
which line Basic quoted JR?
Exalted
ok....itsok for us to arrive at different conclusion....u noe there is smthing call comprehension rite.....a paragraph can have different meaning depending on how one perceives it to be
shall not argue wif u on this anymore.....my fun opponent is basic and not u.....
Newbie
I would suggest the mods shut this thread. It's just a shouting match now.......
Newbie
Do I perceive wrongly on you calling ppl color blind?
Valued Contributor
What is wrong with you? You still haven't back your 80,000 units claim in 2-3 years and you are pointing fingers at others? You are a joke...
liar king...you lost all your credibility only talking of personal thing....real childish boy boy.....keep grumbling like chow cha bo.....haha....
nobody interested such thing lah, liar.....
Newbie
hahahaha, agree.I would suggest the mods shut this thread. It's just a shouting match now.......
When there are more "idiots" "fools" "morons" "liar" used in one thread, it deserves to be shut
Exalted
i do not know u in person and i make a fair guess tat u might be color blind....so for the benefit for some color blind bros here, i help to expand the font too
Banned
haha...cooling period....1 hour....
Newbie
As you pointed out, people may have different perceptions on the same statement
You may want to go back to read the post one more time before calling ppl color blind. It is not a fair guess at all
Exalted
dun be offended.....not worth it.....
Exalted
the person who uses all the above deserves to be shut.....hehehe
Banned
you started it....evil complain 1st, always....
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