The smartest investors don't change car unnecessarily, even though they have made lots of money from stock and property markets.
I sold my landed last year and downgraded to a penthouse condo. I used my cash to buy a brand new car. My previous car was 9 years old.
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Originally Posted by lazyplane
Well, there will always be smart and SMARTER investors with global portfolio/markets that will be making money.
I dont dispute that. What i cant figure out is the logic that you linking this to COE
So the question is , really then why so many smarter investors will buy a new CAR / COE and have such old cars that needs to renew now since they made so much money always.
And since you are talking about cashing out property for those who bought, are you also saying SG property price will crash ? If so, then wouldnt that mean that these global property investors also view that SG prices are at a peak and there needs to be a correction ? |