A big market crash is coming – this is the bad news I pick up these days from the world’s most successful investors. Firstly, Warren Buffet sold and set aside US$344 billion cash for Berkshire Hathaway. Next, Ray Dalio said we are heading into very dark times. Then, Jim Rogers warned us about this worst market crash in his life. Similarly, Peter Schiff claimed that the … [Read more...]
Comparing notes with property investors
As property investors, it is always interesting to meet like-minded individuals. During the process of exchanging personal experiences, we get new ideas and inspirations. For subjects like property investment that have no definite guidelines or standards, comparing notes with others can offer better clarity and more insights. At times, it is thrilling to have an epiphany. … [Read more...]
To helpless investors – A letter with 4 lessons
Dear helpless investor, I am writing to check in on you. It has been a roller coaster week. Are you still intact despite all the ups and downs? You must have been through a lot. Suddenly, you woke up to a disastrous free fall in the stock market. The next day there was a historic rebound. Then the following day another market plunge wiped out the gains. As retail … [Read more...]
How serious are property market forecasts?
This March companies are busy preparing sales forecasts for the new financial year. Regarding forecasts, I have said this in my book Behind The Scenes of The Property Market: “With high uncertainties looming in the global economy, it is doubtful whether anyone can predict what will happen in six months, let alone the full year. Those who claim that they can do so are most … [Read more...]
New property cooling measures coming again?
“Singapore Govt ‘not averse’ to more property cooling measures if necessary: Desmond Lee” - that was the title of a Straits Times article published last Friday (Jan 17). A few questions pop up in my mind: - Were HDB property cooling measures effective? - Did private property cooling measures work? - Is new property curb a self-fulfilling prophecy? - Do we want property … [Read more...]