Covid-19 has taught us there are homes that we should avoid because of the inconveniences and potential dangers they have during a pandemic. The 3 types of homes we should avoid to buy or rent are: 1) Shoebox Units; 2) Overseas Homes; and 3) Co-living Homes. You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your … [Read more...]
What Covid-19 has taught me about life and investment
As I was writing this blog post, Covid-19 has 6.6 million cases worldwide and over 383,000 people were killed. To distract myself from the chaotic world outside, I re-read Robin Sharma's best-selling book The Monk Who Sold His Ferrari. As the author told us, everything happens for a lesson: There are no mistakes in life, only lessons. There is no such thing as a negative … [Read more...]
Podcast Ep#44: Three Property Delusions Under Covid-19
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...]
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...]
Podcast Ep#40: What Will Happen To Properties After Stock Prices Crash
Last night the stock market had its worst day since the 1987 stock market crash. S&P 500 and Dow Jones plunged almost 10 percent. 1. How will the slump of stock prices affect the property market? 2. Will there be many good buys in the Singapore property market soon? 3. How will different property sectors react to the Covid-19 crisis? 4. What to take note of when buying … [Read more...]