You suddenly receive an ALL CAPS email from your boss. You are told to do something immediately. No question asked. Do you trust your boss and do it right away? Or you think the email account has been hacked and delete the message? Will you at least go and verify? Such is the case two weeks ago when the CEO of a Silicon Valley startup received urgent messages from the … [Read more...]
Podcast Ep#42: Stocks vs Properties
In this episode, we will explore the fundamental differences between investing in stocks versus investing in properties in terms of cost, risk and return. The following points will be covered in the video: 1. Capital commitment 2. Ease of entry 3. Ownership 4. Time Commitment 5. Liquidity 6. Return or capital appreciation You can now watch the podcast below. The … [Read more...]
What recession means for properties
Last week, Minister in the Prime Minister's Office Indranee Rajah told the media that Singapore hasn't slid into recession yet. However, bad news keeps pouring in: Our manufacturing and exports contract sharply in August. Factory outlook from PMI falls to 3-year low in September. 2019 GDP growth is revised further down to between zero and 1 percent. A technical … [Read more...]
Financial crisis coming? We haven’t learned from the last one yet!
Ten years have passed since the collapse of Lehman Brothers. Did the world learn anything from the 2008 financial crisis? Are we heading for the next economic disaster? Rush in quick. Get out fast Speaking to CNBC's "Crisis on Wall Street: The Week That Shook the World" documentary, Warren Buffet commented that another financial crisis is inevitable because of human … [Read more...]
What we can learn from cockroaches to survive the next crisis
Typhoon Hato lashed Southern China two weeks ago. Hong Kong and Macau were struck head-on with strong winds and heavy rain. A widely-shared youtube video of Macau showed thousands of cockroaches getting out of their underground hiding places and crawling one after the other over a sea wall. It was a well-coordinated effort to march to higher grounds to flee from possible … [Read more...]