As we step into 2023, we are greeted with higher prices, taxes and interest rates. What’s more, we have no idea since when good news has become bad news. The government gave every Singapore household $300 CDC vouchers because we have to pay 8 percent GST now. Healthy GDP growth means inflation is going to stay high. Even US stock prices drop on positive employment, consumer … [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...]
3 important lessons we learned from coronavirus
Since the first confirmed coronavirus case in Singapore on January 23, no one would have expected that things could get out of hand in just six weeks’ time. At the time I was writing this blog post, there were already 93,198 coronavirus confirmed cases and 3,203 deaths affecting 81 countries in the world. There are at least three important investment lessons that 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...]
What properties to buy in a recession
When Singapore missed its GDP target in Q2, Maybank said we are heading for a technical recession next quarter. A technical recession happens when there are two successive quarters of fall in GDP. I remember it was July 2001. Three years after I came to Singapore, the country was in recession. The economy contracted by 2 percent - a big contrast to the strong growth of … [Read more...]