I just heard this from retail investors.
1) They mentioned that property prices will not fall.
2) They mentioned that if STI index go up to 3,000 points and above, they will sell.
I find this opinion property prices will not fall contrary to opinions from senior management of listed property company. Their opinion is that property prices may be at a peak now. Even if STI index reach 3,000 points, the stocks retail investors hold on may still lose money because STI index reflects mainly the large caps companies rather than the small caps retail investors buy.
Tuesday, July 31, 2012
Wednesday, July 25, 2012
Opportunity and you
The average investor will come across 3-4 opportunities a year. Whether he recognize them and grab hold of his opportunities presented depend on his mindset, knowledge and experience.
My friend, now 37 years old has seen many opportunities come and go. Though he has studied in Australian University, he now works as a security guard. This is a true and sad story of a Singaporean with a diploma and earning only $1,300 per month.
He did not appreciate the privilege to study in oversea university and instead choose to gamble in casino. He lost his school fees and allowance and has to borrow from friends.
When he came back from Australia, he works in shipping line, printing company, food and Beverage Company like MOS burger, Delifrance, Food Junction and SMRT. He never stays long in each company and never acquired enough knowledge and experience and skills in each company and industry. If he had persisted and work hard in a single company, he may be a manager of an outlet and earning $2,500 per month.
To conclude, a man must prepare himself daily to take advantage of opportunity presented. If he does not, he only has himself to blame.
My friend, now 37 years old has seen many opportunities come and go. Though he has studied in Australian University, he now works as a security guard. This is a true and sad story of a Singaporean with a diploma and earning only $1,300 per month.
He did not appreciate the privilege to study in oversea university and instead choose to gamble in casino. He lost his school fees and allowance and has to borrow from friends.
When he came back from Australia, he works in shipping line, printing company, food and Beverage Company like MOS burger, Delifrance, Food Junction and SMRT. He never stays long in each company and never acquired enough knowledge and experience and skills in each company and industry. If he had persisted and work hard in a single company, he may be a manager of an outlet and earning $2,500 per month.
To conclude, a man must prepare himself daily to take advantage of opportunity presented. If he does not, he only has himself to blame.
Wednesday, July 4, 2012
Car park update
As I travelled in my work, I noted that car parks in Bishan remained 30-40% occupied during office hours like 3-4pm, weekday. Frankly speaking, I find it puzzling on the rationale of Singaporean who keeps their cars in the car park for little usage. It is costing them large amount of money daily in road tax, HDB car parks fee, maintenance fee, car insurance etc……
Perhaps it will take a deep downturn for the people to bite the bullet. Maybe I am wrong. Could the below new finding be true?
A new study found that households with investable assets of US$1 million (S$1.24 million) or more jumped 14 per cent more to 188,000 last year. That means 17.1 per cent of households - more than one in six - are millionaires. At least based on the people around me, I don’t really find it happening.
Based on my memory, car population increased from 350,000 to 500,000 in the last 12 years. Has the number of roads increased by 50% to allow more cars to travel? I don’t think so. Therefore we are seeing traffic congestion and slowdown even during off-peak travel hours.
I wonder if a massive retrenchment were to happen in Singapore, will their cars be the next to go.
Perhaps it will take a deep downturn for the people to bite the bullet. Maybe I am wrong. Could the below new finding be true?
A new study found that households with investable assets of US$1 million (S$1.24 million) or more jumped 14 per cent more to 188,000 last year. That means 17.1 per cent of households - more than one in six - are millionaires. At least based on the people around me, I don’t really find it happening.
Based on my memory, car population increased from 350,000 to 500,000 in the last 12 years. Has the number of roads increased by 50% to allow more cars to travel? I don’t think so. Therefore we are seeing traffic congestion and slowdown even during off-peak travel hours.
I wonder if a massive retrenchment were to happen in Singapore, will their cars be the next to go.
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