Quote:
Originally Posted by dives
So you decide your strategy and plan accordingly, you are in no immediate risk I can see and have about a 2 year holding power. And of course if markets did fall 50% imagine all the new HDB buyers who paid 600K - 700K for their flats would do to the government.
We can't plan for everything, we plan for what we logically anticipate.
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dives,
Thanks very much for your analysis and advice - very insightful. (And your estimates on my numbers are pretty spot on.)
Guess you pointed out the crux of the matter - where do I think the market is headed? I can't tell, I suppose. (Unlike the many other prophets on this forum!). And I suppose you're saying that I'm sufficiently hedged, so even if it goes down , I should be OK.
Thanks again!
AJ