04-06-2013 07:43 AM | ||
Unregistered |
Buying property in Msia is a no no. Political instability, corruption, high crime rate. Singapore property is still the best, especially condos. 80% of Sporeans live in HDB flat, so many eager to upgrade to posh condos. These people will rush to buy from you. Make sure you jack up your prices. |
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04-06-2013 06:56 AM | ||
Zhang |
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My father's property bought in 1979 went up 40x. But do I think the same is going to happen for my time ? I'll be stupid if I do. Different times call for different strategies. For all those who think property goes up forever, remember Spain (where property went up for almost 30 yrs from mid 80s to mid 2000s) and the US (where there has never been a sustained downturn nationwide until the subprime - so much so that the rating agencies did not model a downturn into their models). In each country, citizens believed that prices will never go down in the long term. What's more Singapore, where there has been 3 distinct downturns in the last 15 years (1998, 2001, 2009). Those who do not learn history are doomed to repeat it. Myself ? I'm putting money in M'sia property (selectively because it has gone up quite a bit as well), and stocks. I would like to put into US property as well, because I think the dynamics are positive, but logistically not easy (those being sold in Singapore are being marketing to Singaporeans, and not Americans for a reason). Do your own research. Read up. Its your money. Its your life. |
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03-06-2013 11:00 PM | ||
Unregistered |
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01-04-2013 09:52 PM | ||
Unregistered | I agree with those who say property. I bought my first property 10 years ago with a starting capital of $200K. after buying and selling a few units to date my realized gain is $1.35M and paper gain is $550K. As for stocks i have only earned about $80K as i am not confident to dump in too much capital. | |
01-04-2013 06:24 PM | ||
Unregistered |
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I have been waiting and waiting, and my million dollar is shrinking and shrinking. Very soon, I might not even be able to buy a resale 5 room HDB. |
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31-03-2013 09:09 AM | ||
Unregistered |
From my many years of investing experience, the best way to grow your wealth in Singapore is by buying Singapore properties. Investing in stocks is my worst experience. I realize that The performance of stocks depends on the companies which are run by people. You have no control on how these people run the company. Some are crooks and some are incompetent. Whereas I have complete control over my properties. Today after many, many years, I own many properties and their value keeps on appreciating because of Singapore's success as a global, successful city. You should start early and hold on to your properties. Even though I came from a poor family, Singapore's system has enabled me to be a multi-millionaire today. Thanks to the great government and leaders of our beloved Singapore. |
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31-03-2013 12:31 AM | ||
Unregistered | Can someone explain how to invest in stocks? | |
04-01-2013 12:13 PM | ||
Unregistered |
Investment and trading in shares If you are keen or interested to trade, please contact me at [email protected] Cheers & wishing all a great 2013 ahead! |
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26-09-2012 11:07 PM | ||
Qaz |
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yeah, I'm into short term, dats y called trading. few hours to 1 mth holding only.. past 2 mths, make about 5%/mth. I dont earn much, last tax return was abt 100K cos of high bonus.. next one shud be under 90k. btw, wat does income level got to do with sharing ideas on how to make $$?? |
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03-09-2012 12:04 PM | ||
Unregistered |
Yes, i agree Singapore's property (not in Europe and US) is the best way to grow your wealth. I have been investing in Singapore properties for the past 20 years, now sitting on a gold mine. all fully paid and gives me a rental income of $20K a month. |
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