Been hearing conflicting status some said the worse is over , there other people said we are just a the beginning have not seen the worse
one thing I can tell is the ST recruitment section is very slim , that shows employers are not hiring , some of the project i was in charge was put on hold and bank has not been disbursing loan, economy is in a state of malaise , on the other hand stock has risen so has COE , pple are thronging show house of pty launch and showroom of cars
In 6 months later i will come back to this topic and post ....
we r in the midst of the recession...
As long as you have a job, earning a living in these hard times, paying for you and your loved ones food,lodging, utilities, then you are surviving and can look forward to better times ahead when luxuries comes within your means to grasp for a presumably better living.
If you do not have a job, then you are indeed in a recession, regardless of good or bad times.
Find out which category you belong to, and if you are caring enough, look at those you care about - your family, relatives and friends - and see which category they belong to and help out where you are able to, with money or directions.
Nation and country are abstract terms and may be difficult to comprehend by some. It is your family, relatives and friends whom make up our society. To help our country is to help each of them, on our personal level, for each of us singaporeans are connected in some way.
I think we can have a new slogan
Why be employed? Employ!
Please, no sign it is over or recovering
at least in taiwan there is news it will get better later the year but i think by now they may hv some update.
the lhl already said soemting recently to tell people about it, so sure no sign of recovery. The only people during this economy woes that worry not about their rice bowls are the members of thunderstrike team.
dont worry for them
because in three months
or so they going to collect
a big sum money
dont ask me why lor
~~
Originally posted by noahnoah:
dont worry for them
because in three months
or so they going to collect
a big sum money
dont ask me why lor
~~
Dun any how said. If not true, they come after u
there are people who actually "knew" the recession was coming in mid 2008 when property prices was pushed up beyond comprehension. these group of rich individuals then held their money back, refusing to invest in crazy priced properties... they were waiting for the fall and when it arrived in November 2008, they kept tabs on the valuation.
the screening period was from January to March, this is so called the stability period. prices will not fall too low from that benchmark after March and then the craze sets in. those who have "saved" enough money for property investment came in strongly, pushing the market. the 100% sale of 8@Woodleigh only proves this theory that people just needed to buy something for the sake of buying as their money was kept too long in the bank. the project was situated at a questionable plot of land where its tenure: 99 years old leasehold. the project just behind, in less than 50 metres away, The Blossoms, is Freehold.
yet 8@Woodleigh is selling at a freehold price. why? only those buyers can answer. nearer to MRT, yes... but at what price? is Woodleigh MRT station even opened yet? nope but i'll applaud the sales team for such a magnificent feat. 100% sales to idiots.... sigh... recession? there are still a handful of people not even slightly affected like those in medical, petroleum and even F&B...
but my personal opinion; if you wish to invest in properties, hold that money... the bubble will burst soon, it will not last as the economy has not shown significant improvement and shares has dropped in the recent days... if you wish to buy for own stay... find a value for money project and preferably, Freehold...
Does anyone believe that our million dollar salaried Ministers can give any answer despite their self acclaimed supreme talent ?
Singaporeans will get the answers needed directly from Obama - who is paid a fraction of the Singapore Ministers monthly wages - as when Obama begin to relax, it will be a surer sign then that our talented Ministers will dare to commit to.
Originally posted by novelltie:there are people who actually "knew" the recession was coming in mid 2008 when property prices was pushed up beyond comprehension. these group of rich individuals then held their money back, refusing to invest in crazy priced properties... they were waiting for the fall and when it arrived in November 2008, they kept tabs on the valuation.
the screening period was from January to March, this is so called the stability period. prices will not fall too low from that benchmark after March and then the craze sets in. those who have "saved" enough money for property investment came in strongly, pushing the market. the 100% sale of 8@Woodleigh only proves this theory that people just needed to buy something for the sake of buying as their money was kept too long in the bank. the project was situated at a questionable plot of land where its tenure: 99 years old leasehold. the project just behind, in less than 50 metres away, The Blossoms, is Freehold.
yet 8@Woodleigh is selling at a freehold price. why? only those buyers can answer. nearer to MRT, yes... but at what price? is Woodleigh MRT station even opened yet? nope but i'll applaud the sales team for such a magnificent feat. 100% sales to idiots.... sigh... recession? there are still a handful of people not even slightly affected like those in medical, petroleum and even F&B...
but my personal opinion; if you wish to invest in properties, hold that money... the bubble will burst soon, it will not last as the economy has not shown significant improvement and shares has dropped in the recent days... if you wish to buy for own stay... find a value for money project and preferably, Freehold...
With a little more understanding in calculations of waves from EW Principle, I'm estimating that the stock market will actually bottom out in 2011 March...
But the current upwave might last till next year march... However, short term wise, there might be a down wave till 2050
Originally posted by eagle:With a little more understanding in calculations of waves from EW Principle, I'm estimating that the stock market will actually bottom out in 2011 March...
But the current upwave might last till next year march... However, short term wise, there might be a down wave till 2050
Are you quoting from the talented ministers ?
Originally posted by Atobe:
Are you quoting from the talented ministers ?
Did they say this?
Stock market has little relation to how economy is.
What I just said was in relation to what I learned from EW (Elliot Wave) principle as stated above. Primary A wave took about 15~18 mths from sti 3906 to sti 1455 in march 09... So we can expect Pri B to be about 0.618 or 1.618 the time taken by Pri A... And I make a first guess of 0.618, which means about next year. Primary C also about 0.618 or 1.618 the time taken by Pri A.... So... ;)
For actual situation, it is good to read what is happening to the rest of the world.
The poodle and press will not provide the true picture as they have not experienced any recession in real sense as their salary and bonus are not affected.
They are still raising price of commodity and causing misery to the affected people.
They can even splurge money to celebrate some anniversary at a power station.
Who paid the bills ?
The true situation is still hard, just ask around.
in my own views hor
up and down or up and down
seriously no one can predict 100 percent
but hor in this market
dun worry for the rich, because they are far richer
then what we know~
Want to know how rich spent their lives
while one struggle to find a job
Go and flip throught tatler magazine
What I just said was in relation to what I learned from EW (Elliot Wave) principle as stated above.
Interesting.
If only someone can come up with a similar principle regarding 4D and Toto.
Originally posted by Ah Chia:Interesting.
If only someone can come up with a similar principle regarding 4D and Toto.
Probabilities in 4D and Toto will always work against you.
Originally posted by eagle:Probabilities in 4D and Toto will always work against you.
This is the article worth reading.
http://singaporemind.blogspot.com/2009/07/anti-singapore-articles-in-malaysiakini.html
when the neighbour loses his job, it is a downturn.
when you lose your job, it is a recession.
when the banker loses his job, it is a depression.
Originally posted by noahnoah:
in my own views hor
up and down or up and down
seriously no one can predict 100 percent
but hor in this market
dun worry for the rich, because they are far richer
then what we know~
Want to know how rich spent their lives
while one struggle to find a job
Go and flip throught tatler magazine
u are wrong
ppl can predicted it, i know a rich boss that is living beside PM GOH
predicted this recession and became 20% richer from all this.
not only some ppl can predicted and read the market. some can actually control and create recession by means and way.
US - SOme bastard that create recesion and cheated US $50 billion ???
he 1 of the fucker that is involve in their own country recession.
now he been sentence 150 years at the age or 70
maybe he will only survior 10 years in jails..........
i believe our minister and those always reading the market or shares have already predict or receive new that there might be a recession a few months before happen.
those are clever ppl.
not poor and middle level education avg ppl trying to survior on our basic paid. simple cause we are not clever enough
i believe our minister and those always reading the market or shares have already predict or receive new that there might be a recession a few months before happen.
those are clever ppl.
They so clever why Temasek and GIC lost 100 billion in investments?
This is call clever?
More like a bunch of morons who only know how to talk big.
Especially that big mouth Lee Kuan Yew, early in 2008 talk cock, say what Singapore won't be affected by crisis in USA.
Later Singapore become first country in asia to fall into recesesion.
Lee Kuan Yew, you don't know anything about investments, economy, then shut your fucking mouth lah.
Talk more, cock up more.
I rather go and ask my neighbour's dog for investment tips than from you.
Funny, that guy knows nothing about economic affairs yet like to give lectures and still got people go listen.
That is very odd.
Because like what Adam Khoo said of what he realised recently... that Discounted Cash Flow model doesn't apply well to financial stocks...
TH invests based on fundamentals, and it's quite probable that they applied DCF and determined it was an extremely good buy.... Hope they learn
Originally posted by novelltie:there are people who actually "knew" the recession was coming in mid 2008 when property prices was pushed up beyond comprehension. these group of rich individuals then held their money back, refusing to invest in crazy priced properties... they were waiting for the fall and when it arrived in November 2008, they kept tabs on the valuation.
the screening period was from January to March, this is so called the stability period. prices will not fall too low from that benchmark after March and then the craze sets in. those who have "saved" enough money for property investment came in strongly, pushing the market. the 100% sale of 8@Woodleigh only proves this theory that people just needed to buy something for the sake of buying as their money was kept too long in the bank. the project was situated at a questionable plot of land where its tenure: 99 years old leasehold. the project just behind, in less than 50 metres away, The Blossoms, is Freehold.
yet 8@Woodleigh is selling at a freehold price. why? only those buyers can answer. nearer to MRT, yes... but at what price? is Woodleigh MRT station even opened yet? nope but i'll applaud the sales team for such a magnificent feat. 100% sales to idiots.... sigh... recession? there are still a handful of people not even slightly affected like those in medical, petroleum and even F&B...
but my personal opinion; if you wish to invest in properties, hold that money... the bubble will burst soon, it will not last as the economy has not shown significant improvement and shares has dropped in the recent days... if you wish to buy for own stay... find a value for money project and preferably, Freehold...
are u sub selling any units?If not,what is the e mail address for?
Do MOD approve your actions?
Economic forecast from the economic, investment and financial guru Lee Kuan Yew:
MM Lee says Singapore at centre of world’s highest growth region
February 12, 2008
Minister Mentor Lee Kuan Yew believed Asia will not go into recession, citing not only strong growth in China and India, but also the strength of commodity prices boosting growth in Malaysia, Brunei and Indonesia.
Speaking to some 1,200 people at the Tanjong Pagar Lunar New Year dinner on Monday night, Mr Lee said Singapore is at the centre of the world’s highest growth region, and is in a period of steady growth.
Mr Lee is also positive that Singapore can maximise its chances to reach a higher quality of development in the coming five to ten years.
“This is quite remarkable, for it will be the first time that when the American economy slows down and reduce imports from Asia, Asia will not go into recession. The reason is the dynamics of the domestic growth momentum in China and in India – two very huge countries. Furthermore, our neighbours are doing well. Singapore is in the centre of the world’s highest growth region,” he said.
While some may be lamenting the financial crisis, Mr Lee said he sees a blessing as property prices have cooled down for the time being.
The two companies recently invested some S$22 billion into UBS, Citigroup and Merrill-Lynch.
“When the share prices of these banks recover (the) S$22 billion investments, it will be worth S$50 to S$70 billion. But never believe that assets will always go up. There will be downturns. And so we must have these reserves to see us through these troughs. Singapore has got to this level through hard work and thrift. We must continue in this mode,” Mr Lee pointed out.
On the home front, Mr Lee said higher food and energy prices, and a widening income gap are cause for concern and must be addressed.
He also said that while there are massive investments, such as the Marina Barrage, to develop Singapore into a global city, those living in the heartland housing estates will not be left behind.
All estates will be upgraded and beautified to ensure all Singaporeans can benefit from the growth, Mr Lee added. – CNA/ac
http://luxuryasiahome.wordpress.com/2008/02/12/mm-lee-says
We must all listen to and follow the guru.
He is very wise.
As long as we follow Lee Kuan Yew, we will be wealthy.
Originally posted by Ah Chia:
Especially that big mouth Lee Kuan Yew, early in 2008 talk cock, say what Singapore won't be affected by crisis in USA.
This part that LKY say not true la. Anyone should noe tat. One country's economy is always tied to another, and another's economy tied yet to another and so on. Meaning, like domino effect.
One get, all get. The only difference is, how hard. Singapore not too bad, as compared to other big nations. The biggest problem Singapore faced was winning investors' trusts again.
This part that LKY say not true la.
You dare to contradict the guru?
You guru or Lee Kuan Yew guru?
You not guru like Lee Kuan Yew I think you better shut up.
I only follow the guru.