Sellers holding...
Buyers waiting...
MRT trains stalling...
Shares SLOWLY falling...
Gold NOT moving....
only thing interesting....
Forumers talking(TCSS)...
Sellers holding...
Buyers waiting...
MRT trains stalling...
Shares SLOWLY falling...
Gold NOT moving....
only thing interesting....
Forumers talking(TCSS)...
Go on a holiday. Nothing much is going to happen until after chinese new year, stocks may drift south in the meantime.
Very strange for the last few days, even Dow futures +80-100 at 4-5pm Asia time, STI / HSI closed down ... and then Dow always opened up at night and closed down in the morning but down by not much ... suspect manipulation in futures / cash market ... it seems like funds are exiting Asia and flowing back to US Treasuries judging from massive buying of 10y US bond ... yield is now 1.81% .... ppl are willing to get 1.81% only to lend to US government for 10y
Worse ... like what I have suggested, property price will stay flat for next few years and stock market is stuck in a tight trading range too
Ride at your own risk !!!
play golf raining... damn sianzOriginally Posted by radha08
next year,2012 then see showOriginally Posted by radha08
time to go relax, holiday and enjoy a white xmas
EURO currency down. Good time to travel. Ski holidays now much more affordable.
I was calling for the PEAK of the near MRT frenzy and tada! The whole MRT system went haywired!
Like it or not, I seriously don't think the recent MRT saga will have any significant impact on properties near MRT... With the current COE price, taking the train still makes perfect sense for many. Did a simple calculation that taking the price of a small sedan at $100k, that works out to be about 30 years of traveling on the train... how not to be attractive?Originally Posted by solsys
Originally Posted by ysyap
hey you know what?....why I never think of it that way ! woahahahahah..ok lah serious lahh...methink as long as no injury caused, it is a blessing lah..MRT should go do a thorough investigation and solve the issue quick lor...
Based on a simple assumption of $9 per day on the train/bus (for 2 working adults) = $3300 a year = $99 000 over 30 years. Then again there can be more than 2 working adults using the car but I'll assume again the fuel, road tax, car insurance will more than cover that part...Originally Posted by blackjack21trader
MRT and bus routes are designed to optimise profit, not minimise travelling time.Originally Posted by ysyap
political now ... i think PAP will shift the balance a little and accept less profit ... otherwise WP will win again next election .. watch SMRT share price ... i think at least 10% downsideOriginally Posted by hyenergix
Ride at your own risk !!!
For 100k over the life span of the car. Each year is 10k. Each day is $27. Throw in ERP, parking, insurance, road tax, maintenance ++++. Don't talk about public transport, it's probably cheaper to take taxi! But people still die die must own car.... That's why COE like thisOriginally Posted by ysyap
sigh.... but if already paid for car.... die die must use the car.... $27 a day leh... even if you leave it at home!
so whats should be a reasonable rate? $15 ok?Originally Posted by sh
Not forgetting the hire purchase for car loans! Well, cars are often considered a luxury item.Originally Posted by sh
Last edited by ysyap; 20-12-11 at 19:29.
$15 per day... 15 X 365 X 10 = $54750.... not even enough for COE! don't dream....Originally Posted by rattydrama
you will need to minus off scrap value of $8k as well, so the total should be lesser. LOLOriginally Posted by sh
gotta wait for next year and buy 2nd hand maybe it is possible.
this also proof one thing in property or car: entry price is key.
No wonder our inflation rate is constantly at around 5% or more... Property prices are at record levels currently and car prices are not cheap either... only those who are super rich and those who are not looking to buy car or property will have an easier time with their cash flow.
cannot compare car with mrt directly like this, since cars in general are still much faster and comfortable and can reach every spot you need to go. n sometimes i dread the distance walking into the mrt stations and up and down the stairs/escalators. can be longer than expected. btw i came back from town just now via mrt at 3pm thinking it lull period, and the crowd...aiyoh like sardines
for families with kids having a car becomes an attractive option. for condo owners if u don't own cars u still pay the same maintenance fees...
Agree.Originally Posted by gav108
Cannot just compare in monetary terms.
The intangible and intrinsic values such as convenience, comfort, time saving, status, prestige, etc etc must also be taken into consideration
You can live in HDB, why die die must buy condo?
You can take MRT or bus, why die die must buy car?
You can buy Korean Car, why die die must buy BMW?
If you have money, why not spend it? Afterall, you live only once and you can never tell what's going to happen tomorrow.
Once worker party takes over, Basic wish will really materializeOriginally Posted by phantom_opera
Howhow. US housing jump 9+%. Basic will say its fake and manipulated.
Affordable means small
not frustrating at all... in fact good time to keep buying.. equity stocks that isOriginally Posted by radha08
Well, in short, income drives the lifestyle. Never let lifestyle dictate the income.
Actually I quite like the new Hyundai Elantra.Originally Posted by fclim
http://www.sgcarmart.com/new_cars/ne...?CarCode=11000
Yup quite chio, but Hyundai....always reminds me of the matrixOriginally Posted by azeoprop
260+ points out of the blue, and dow is back above 12,000. how frustrating is that?! down but don't down, up but don't up.
sideways....line dancing...Originally Posted by kane