BAC, C, MS, GS all hitting 52w high
Something is brewing
BAC, C, MS, GS all hitting 52w high
Something is brewing
Ride at your own risk !!!
I am happyOriginally Posted by phantom_opera
US recovery la. some people always got more info than others la. BAC. i bought at $7 average niah.
Ya
DB is running fast as well
R u sure it is real recovery and not liquidity injection (again)?Originally Posted by blackjack21trader
A culmination of three things. Greed, fear and extreme liquidity.
u trade everything ah..Originally Posted by phantom_opera
what is BAC, C mS, GS?
I took the road less traveled by, and that has made all the difference.” - Robert Frost quotes (American poet, 1874-1963)
Huat Ah!!!!
Price action fantastic but somehow volume seems not so energize
Still can enjoying the wind if it blows in the right direction
if you dont't own any property, you're short. take cover quickly
Bro, go google and key inOriginally Posted by roly8
C next google and key in BAC, next google and key in GS.
You will find your answer.
Yr End window dressing before the funds mgr go holiday.. come back in JAN they sell...!!!
To me this is another bullish signal after CHina-A bottoming at 1,950
and panic buying in 1st tier cities starting in China again
广州再现通宵排队买房 上涨预期造恐慌心理
Ride at your own risk !!!
Blood alcohol content (BAC) going up.
but of course, year end festivities!!!
make messy and be happy!
oops damn autocorrect
I was told, stocks go up, means property will go down?
so what's there to rejoice in a property forum?
;-)
not true.. the euphoria will spread to ppty buying. pple make money from stocks... can either buy car/house/more stocks
My projection is next year big units rental will most likely be hit as expats pay packages are cut further and there are more restriction in bringing in family.Originally Posted by mcmlxxvi
However prices will continue to creep upwards. Record prices for:
(a) FH/999LH properties
(b) New 99LH near MRT
(c) New EC
(d) HDB resale
(e) COE
(f) Food at your hawker centers
(g) Public transport
We are in an era of stagflation.
"The relationship between stock prices and real estate prices has been the subject of substantial debate in both the academic and practitioner literatures. Existing studies have focused on the time series of stock and real estate returns using data from a single country, such as the U.S. By necessity, these studies examine return and price changes over short intervals, creating a bias when property values are smoothed from year to year. Using data from 17 different countries over 14 years, this paper examines the relation between stock returns and changes in property values and rents. Consistent with other country-specific studies, we find that, with the exception of Japan, the contemporaneous relation between yearly real estate price changes and stock returns is not statistically significant. However, when the data are pooled across countries and when we look at longer measurement intervals, a significant relation between stock returns and both rents and value changes becomes apparent. Real estate prices are also found to be significantly influenced by GDP growth rates and provide a good long-term hedge against inflation but a poor year-to-year hedge."
onlinelibrary.wiley.com/doi/10.1111/1540-6229.00771/abstract
Usually property will lag the stock market. Those ppl who made money in shares will want to leverage and put down deposit for property.Originally Posted by Shanhz
I notice bank shares in other countries are also up.
eg HSBC, Barclays (UK market).
the dreaded S wordOriginally Posted by hyenergix
I believe it is due to QE infinity. I cant imagine prices in 2015. We might think 2012 prices were cheap.Originally Posted by chiaberry
who cares,brother hyenergix? as long as they print, we take la. can't refuse money, tiobo?Originally Posted by hyenergix
3M SOR has been rising. now is 0.35469
Thanks everyone for the support! Find A Home Loan is Standard Chartered #1 broker in 2013.
that was one mistake i made in 2007. made money fr stocks, throw back into stocks. become only 10% now.Originally Posted by chiaberry
My other half made money fr stocks in 2007, threw it into a condo near the Redhill MRT. The owners at that time who had bought direct from the developers were trying to offload as they had just gone through a bad patch of the cycle.Originally Posted by Shanhz
sorry to hear about that .... indeed painfulOriginally Posted by Shanhz
Just got letter update. My SIBOR unchanged.Originally Posted by newbie11
indeed... my first pot of gold... gone. for a young man barely 30, with 6 digit cash. very painful.Originally Posted by mcmlxxvi
but have to move on in life.
now very careful abt my 2nd pot of gold.. die die buy ppty. at most lose 50% in downturn, but can preserve value. can't say the same for stocks.
My parents have been buying OCBC and UOB shares regularly throughout their retirement (and before that). Every year or when there is a significant down turn they buy more. Those shares seem to have preserved their value and have provided them with a comfortable retirement income.Originally Posted by Shanhz
If you have a diversified portfolio, it can be quite stable and increase steadily over time provided you reinvest the dividends. But you have to choose your shares prudently.
Now you are older and wiser.Originally Posted by Shanhz
Consider it expensive tuition fee.
have you bought your 2nd pot yet? If waiting too long, it becomes more expensive and your remaining tenor on your loan is also ticking down.
Assuming the crash occurred in end 2008 was the one that wiped out your 1st pot of gold, and you were 30 years old, it means that you are around mid-30s now. If a MM now costs around $600k, your 2nd pot of gold must reach $120k at least. I think it is better to find a partner to settle down and combine the fire-power to be safer.