During the May Day Rally, Prime Minister Lee Hsien Loong warned Singaporeans to be prepared for more economic challenges in the year ahead. Because there may be a recession within the next two years. As a small island country, the fate of Singapore is intertwined with and affected by the destinies of many countries. We import most of our supplies overseas and export … [Read more...]
Do you expect a new home to solve an old problem?
The pandemic is hurting us in different ways. Stress can come in different forms. Financially, it may be loss of business, work or income. Routinely, it can be inconveniences in daily activities and conflicts with family members. For some people, they believe that moving away or moving to a new home is the solution to alleviate their sufferings. Pandemic-induced housing … [Read more...]
Podcast Ep#45: Lesson from Covid-19: Three Types of Homes To Avoid
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...]