Retirement is a big topic in life. Retire cheap is a popular topic these days. The banks have been printing money for years. Until one day we all face runaway inflation. We complain that everything becomes so expensive. It is particularly hard for those who have retired. They must find ways to cut costs. As expected, reasons from people who want to retire cheap are often … [Read more...]
Just sold at record high!
Another headline about a property just sold at record high. These days we all desperately want to hear some good news. There is enough bad news around on company layoffs and new condo projects that can’t sell. Luxury projects just sold at record high! The following are common property headlines in local media: “xxxxxxx sold for record price of S$xx million” “xxxxxxx … [Read more...]
Wealth not in properties next 20 years in Period 9?
2024 is a significant year. It marks the commencement of Period 9 (九运) in the Chinese calendar. On February 4 precisely at 4.37 pm, we welcomed the arrival of spring (立春). From that moment, we officially entered Period 9 that will last for 20 years until the end of 2043. What is three cycles and nine periods? I remember the teacher mentioned three cycles and nine … [Read more...]
4 dumb property decisions we made
Homebuyers are prone to making dumb property decisions because of human weaknesses. Hong Kong author Suhei (素黑) said human beings have five major weaknesses - greedy, confused, lazy, stubborn and dumb. We need conscience and guts to admit that we have made a mistake. However, it is not difficult for us to confess that we can be greedy, confused, lazy or stubborn at times. … [Read more...]
We’ve upgraded our home. But are we happy?
Easter is just over. Lingering in my head is a happy bunny. Who doesn’t want to be a happy bunny – always happy, contented and satisfied with life. Be happy after having money When we are living hand to mouth or have piles of loans to repay, we don’t have the luxury to think whether we are happy or not. We only have one simple goal in mind: survival. When I was new … [Read more...]