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...]
Podcast Ep#43: Should I Buy Now?
One of the two property questions I received these days is whether we can buy properties now. There are 3 reasons why people ask this question: 1) They are buying for personal reasons; 2) They think it's time to buy now; or 3) They are looking for an investment. By answering their burning question, I will also clarify the following in this video: 1. What is the … [Read more...]
Selling properties with skin in the game
With circuit breaker, I finally have the time to read Nassim Nicholas Taleb’s 2018 book Skin in the Game: Hidden Asymmetries in Daily Life. What is skin in the game? It means standing behind what you say; having a stake in what you promote; and exposing yourself to the risk of what you advocate. If you are an organization, you are using the products or services you sell. If … [Read more...]
Coronavirus crisis will prove survival of the fittest
Survival of the fittest is a Darwinian evolutionary theory that believes during natural selection the weak die, leaving only the strongest to continue living and reproduction. With coronavirus lingering for over two months, we learn that this disease is unbiased during infection but discriminatory in fatality. We all have equal chances of getting it. But patients who are … [Read more...]
Podcast Ep#41: Only Buy When It’s Cheap
In this video, I will be sharing my two cents on value investing based on my 18 years' experience buying residential properties in Singapore. I will use the analogy of shopping for my favourite clothing brands to drive home a few points: 1. What are the differences between "price" and "value"? 2. When is the best time to buy what you really like? 3. Which are the things … [Read more...]