How much bad news can we take in one week? Singapore’s unemployment rate hit 2.9 percent in the second quarter. Under the prolonged Covid-19 pandemic, we still manage to maintain low unemployment. Thanks to the government’s more than $15 billion payout under the Job Support Scheme. It is also because our unemployment rate excludes the unemployed non-residents, the … [Read more...]
A never-published letter to the Straits Times Forum
Below is a letter I wrote to the editor of The Straits Times three weeks ago. Unfortunately, it was not picked up and has never been published in the Straits Times Forum. After the hectic election week, things are back to normal now. Let me share the content of the letter in my personal blog. P.S. The two new home sales tactics of re-issuing OTPs and buyer kickbacks … [Read more...]
Podcast Ep#45: Lesson from Covid-19: Three Types of Homes To Avoid
Covid-19 has taught us there are homes that we should avoid because of the inconveniences and potential dangers they have during a pandemic. The 3 types of homes we should avoid to buy or rent are: 1) Shoebox Units; 2) Overseas Homes; and 3) Co-living Homes. You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your … [Read more...]
What Covid-19 has taught me about life and investment
As I was writing this blog post, Covid-19 has 6.6 million cases worldwide and over 383,000 people were killed. To distract myself from the chaotic world outside, I re-read Robin Sharma's best-selling book The Monk Who Sold His Ferrari. As the author told us, everything happens for a lesson: There are no mistakes in life, only lessons. There is no such thing as a negative … [Read more...]
Podcast Ep#44: Three Property Delusions Under Covid-19
Under the threat of Covid-19, there are 3 questionable sayings circulating in the property market: 1) Government should lift unnecessary cooling measures during this difficult time. 2) A low or zero interest rate from the banks will provide cheap money for property investors. 3) With the easing of the circuit breaker, things will go back to normal and the market will … [Read more...]