How much are you earning per annum?

Originally Posted by Unregistered

Only if you are holding stable jobs.

What I did in 08/09 was to keep driving my old car, and instead used the war chest of money to pick up oversold stocks and my current home at a discount. When the stock recovered and my stocks value multiplied, and my car COE expired, I then bought myself a new car when the COE was around $27k. Not at the lowest, but at least I got the car & COE for "free" - paid for from the gains from stocks.

So, I am going to do the same again in the current stock market rout. Look out for and pick up oversold stocks and wait for them to rebound. The $150k you wanted to pay for a car, can grow multifold when invested in the right stocks at the "right" time. You can then have 1 or two "free" cars when the market recovers.

I took a slightly different approach. In 2009, I bought a new car, COE was $3,000. I am still driving it today - just turned 7 years old. Very low depre, so I am keeping it.

At the same time, in 2009, I sold my apt. Despite the crisis, I still made 50% from the 2005 purchase price. But it was a small place, so the actual quantum/profit wasn't huge. But it was enough for me to put that profit into a down-payment bigger apt in district 9, bought for just above $1k psf.

I'm hoping for COE to crash to $2, so that I can scrap my current car and get a new one for free, as well as considering getting a 2nd car (brand new) for the rest of my family to use. My son can perhaps use this 2nd car once he get into the local Uni. This will save him a lot of time travelling so that he can focus more time on his studies. Let's all hope COE price will crash with the tsunami of COEs coming this year. Stock market crash so COE price must also crash. Huat ah!!!!!!!!!!

I hope Cat A COE will crash to $30k today and then crash to $2 by end of 2016. Huat ah!!!!!!

Stock market crash
Property market crash
COE price must crash
COE $2, please come
Huat ah!!!!!!!!!!!

Originally Posted by Unregistered

I hope Cat A COE will crash to $30k today and then crash to $2 by end of 2016. Huat ah!!!!!!

Crash your big head and small head
$50k liao

I have said that COE will rebound and true enough it bounced high back to $51k. Those fools who said it will go down to $30k or $2k were proven to be complete fools. Don't ever listen to those fools.

Originally Posted by Unregistered

I have said that COE will rebound and true enough it bounced high back to $51k. Those fools who said it will go down to $30k or $2k were proven to be complete fools. Don't ever listen to those fools.

Sianz. My COE has dropped by half liao. From $96k to $50k.

I consperm scrap if COE drop to $30k!

Sh*t to the wild fluctuations COE system.

Originally Posted by Unregistered

Sianz. My COE has dropped by half liao. From $96k to $50k.

I consperm scrap if COE drop to $30k!

Sh*t to the wild fluctuations COE system.

Why complain? I thought you're rich? Your HH income is $500k pa right?

Originally Posted by Unregistered

I hope Cat A COE will crash to $30k today and then crash to $2 by end of 2016. Huat ah!!!!!!

You sound so foolish. Don't think it will drop to $30k. $2k COE? Even if we have a global depression, it will not drop to $2. Don't be a fool.

Originally Posted by Unregistered

Why complain? I thought you're rich? Your HH income is $500k pa right?

Confirm not the $500k HH income
If not will not come here to complain over such small sum