Comments on: Singapore in Technical Recession

By: Double Dip Recession | Salary.sg - Your Salary in Singapore

Double Dip Recession | Salary.sg - Your Salary in Singapore — Thu, 28 Jan 2010 16:12:01 +0000

[...] Our economy first dipped into a technical recession in Q3 2008. [...]

By: Property Must Crash (see graph) | Salary.sg - Your Salary in Singapore

Property Must Crash (see graph) | Salary.sg - Your Salary in Singapore — Sat, 18 Oct 2008 15:30:27 +0000

[...] a spectacular 2007, Singapore (and probably the rest of the world) has swiftly entered into recession. A minister has warned of job losses. Banks have stopped hiring and a couple have even started [...]

By: 5m10y

5m10y — Fri, 10 Oct 2008 10:23:33 +0000

Wait for a while before buying… the credit default swap problem is far from over. I wrote about this problem here BTW:

http://blog.5m10y.com/2008/10/06/understanding-the-coming-storm-and-retirees-life-savings-depleter-credit-default-swaps-credit-linked-notes/

By: Stock Market Index Fell 50% from Peak | Salary.sg - Your Salary in Singapore

Fri, 10 Oct 2008 09:25:20 +0000

[...] at Salary.sg – Your Salary in Singapore « Singapore in Technical Recession [...]

By: adiemuso

adiemuso — Fri, 10 Oct 2008 08:37:19 +0000

its prudent to analyse ones financial health and not only the financial markets.

of course its good for everyone if the markets turn and all these bad news are gone and swept away for good.

hoever, realistically, do you think that will happened now,in the near future?

I doubt so.

we have to remember that there are still lots of potential pitfalls lurking around the corner waiting for the naive, gullible and especially the greedy.

if one is sharp, this might be the beginning of the downturn or at best the middle of it. we have yet to see the corporates and consumer side of all these credit crunch.

of course, in trading, you can have your own views and strategies. however, to blindly follow is a sure way to lose all your money.

good luck!

By: sol

sol — Fri, 10 Oct 2008 05:40:46 +0000

Finally I can start to buy some stocks, but I think there will be further selldown since everybody is still in panic! This is really good for me! =)

By: Tom

Tom — Fri, 10 Oct 2008 05:23:08 +0000

Singaporeans’ worst fears have arrived, but it is not unexpected as being a small country dependent on the global economy, Singapore, like other nations, cannot be spared from the spill-over effects of the US global crunch.

Singaporeans, now is time to tighten your wallets and spend lesser. But for the 666,600 millionaires with a net worth liquidity of US $1 million(excluding property), they may not feel the pinch, unless their businesses are also affected.

For the adventurous, this is golden time to invest in stocks and shares as their prices are low right now.