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Where to put money if market is like this .....
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1-20 of 67
1 USD = 1.4981 SGD.
I admire sifu's superb and profound sense of humour and insight... hehehe... 
In time like this, go and buy a big bank and wait for the Government to bail you out. Instant Millionaire...hahaha! Cheers!
1 USD = 1.4868 SGD
Go JP Morgan way..not Temasek way...Cash is king, Gen't goes back to sq one and YZJ is way back down below IPO px...
Do one home work 1st...
not to be vested unless got deep pocket. this coming week remain volatile as awaiting...Wall St report. Investors could be in for another rough ride as Citigroup (
C,
Fortune 500) and Merrill Lynch (
MER,
Fortune 500) are
on tap to report results this week, giving another glimpse into just how deep their losses continue to be. And a slew of economic reports are also due out, including readings on consumer spending and housing.
teeth53 just sharing my tot and trading experience. :))
US$1 = S$1.4819.
1 US$ = S$1.4771
1. Singapore economy in recession.
2. Full year Sing GDP estimated at 3%.
3. MAS eases monetary policy.
crazy_fave ( Date: 06-Oct-2008 19:04) Posted:
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Don't be surprise to see Gold will be the next target...
Nostradamus ( Date: 10-Oct-2008 01:25) Posted:
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NZD wait for it to go below 80cts against SGD and AUD wait for it to go below 90cts then go in big amount and reap exchange gains plus its high interest..be patient that's what I'm waiting for my second round of luck...many years ago went in at those rates and sold NZD $1.17 and AUD at S$1.28.Now not the time as Aust ppties will crash follow by its currency..see the commodites based twin economies of NZ and Australia will falter further
tonersweat ( Date: 08-Oct-2008 10:40) Posted:
Any body can commend buying Australia property for investment? Taking advantage of Aud dollar drop. |
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gold is trading at 912 liao... up from 860... should be able to touch 1000 when more central banks try to fiddle with their monetary policies..
Arbitrager ( Date: 06-Oct-2008 22:57) Posted:
i would recommend buying gold now.. in such financial crisis.. i will prefer to hold gold cert or physical gold.. and investing some spot gold for trading..
no point putting my $$ in the bank to earn miserable interest.. avoid properties... it still high and properties tends to lag behind macros due to price stickiness.. we can start to see prop prices tumbling down when unemployment figures rises..
now, any properties u have can be sold for a profit better sell fast if not have to hold for another 5-7yrs before economy recovers.. unless u have the abilities to pay for the mthly and have spare cash set aside for emergency.
caveat emptor applies.. above r my views of the economy... i dun see any lights in front of the tunnel.. we jus abt to enter the tunnel. |
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Any body can commend buying Australia property for investment? Taking advantage of Aud dollar drop.
May i ask why generally speaking,the condo prices at yishun or sembawang or bt.batok are "cheaper'?
Is it cos of distance from CBD?
Luostock ( Date: 07-Oct-2008 08:05) Posted:
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Hi buysell,
a 2-bedroom (900 -1000 sq ft) in Hillview area (999 yrs or FH) will cost at least 650k, while Hillview Ht costs around 750k as it is very near to future Hillview MRT st (2 mins walk).
a 3-bedroom (1100 -1290 sq ft) costs in Hillview area (999 yrs or FH) will cost at least 800k.
buysell ( Date: 06-Oct-2008 23:53) Posted:
hi elite,
i am lookin for a condo to buy & rent. From the map, it seems to be rather far from kembangan mrt station thou. But the rental yield is amazing but not too sure is it due to last year's gd sentiment. you have any other recommendation for ard $700-800K condo tat you might come across, FH ? |
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The best investment now is non other than holding cash... Deflation is coming... Stock and futures are no longer attractive... Gold is worst in terms of deflation.. as now its overpriced.. due to the fact that its price has not drop much from the high 100USD when Oil dropped 40 percent from high 140USD
1) Put warrants
2) Gold
3) Forex trading
Starville, 3 bedroom 1238 square feet , Freehold, closest is Kembangan MRT, selling 750K in the market.
My friend unit at 2nd floor, renting out S$4200 per month. But she bought at 640K 3 years back. Nevertheless the price is still reasonable now.
Luostock ( Date: 07-Oct-2008 08:05) Posted:
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Hi buysell,
a 2-bedroom (900 -1000 sq ft) in Hillview area (999 yrs or FH) will cost at least 650k, while Hillview Ht costs around 750k as it is very near to future Hillview MRT st (2 mins walk).
a 3-bedroom (1100 -1290 sq ft) costs in Hillview area (999 yrs or FH) will cost at least 800k.
buysell ( Date: 06-Oct-2008 23:53) Posted:
hi elite,
i am lookin for a condo to buy & rent. From the map, it seems to be rather far from kembangan mrt station thou. But the rental yield is amazing but not too sure is it due to last year's gd sentiment. you have any other recommendation for ard $700-800K condo tat you might come across, FH ? |
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Hi buysell,
a 2-bedroom (900 -1000 sq ft) in Hillview area (999 yrs or FH) will cost at least 650k, while Hillview Ht costs around 750k as it is very near to future Hillview MRT st (2 mins walk).
a 3-bedroom (1100 -1290 sq ft) costs in Hillview area (999 yrs or FH) will cost at least 800k.
buysell ( Date: 06-Oct-2008 23:53) Posted:
hi elite,
i am lookin for a condo to buy & rent. From the map, it seems to be rather far from kembangan mrt station thou. But the rental yield is amazing but not too sure is it due to last year's gd sentiment. you have any other recommendation for ard $700-800K condo tat you might come across, FH ? |
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expert said property price follows the stock market late by 6 months..
Last weekend just went to Botania cost about 1m ($780psf) 3rd flr facing another condo . Personally feel that the property price will soften for this coming year , So decide to wait first !
