Investment

at Salary.sg – Your Salary in Singapore

 

Archive for the 'Investment' Category

On Get Rich Seminars

Sunday, May 4th, 2008

Don’t be fooled by those “get rich” seminars, says a Sunday Times article today (as I interpreted it). Flip open the papers, and you’ll see some advertisements on “How to make lots of money doing XYZ“, where XYZ can be “options trading”, “forex trading”, or “shares trading”. As some will say, the only person definitely [...]


Read the full article at On Get Rich Seminars

Property Prices Continue To Rise

Thursday, April 3rd, 2008

The latest figures from URA indicate that in spite of the low number of transactions, property prices continued to rise in the first quarter 10 weeks of this year. In fact, the URA property index rose to an almost-all time high of 178. The index was higher at only one other time, and that record [...]


Read the full article at Property Prices Continue To Rise

Property Prices Must Plunge (graph included)

Friday, March 21st, 2008

The STI stock market index has plunged about 20% from its peak, but the URA property index still seems to move up exponentially. How can this be? Let’s study the STI graph superimposed over the URA property index graph. Both graphs are scaled such that their time axes coincide, and their Asian financial crisis bottoms [...]

Read the full article at Property Prices Must Plunge (graph included)

Case Study 4 – How High-Income Lady Lost $33k in Shares

Sunday, January 27th, 2008

It’s very easy to lose money in shares. Just buy high and sell low. In this lady’s case, she hasn’t sold her shares yet, but her shares are now worth $99k. She had bought them for $132k. A paper loss of $33k. The high-income earner makes $6k a month as a manager. Unfortunately, she’s caught [...]

Read the full article at Case Study 4 – How High-Income Lady Lost $33k in Shares

Case Study 3 – How Couple got Stuck with Property

Wednesday, January 16th, 2008

It’s not always so easy to make money, as the previous case studies suggested. Slightly more than 10 years ago, a young couple bought something that almost ruined their lives financially. It was the middle of 1996, a boom time for the stock market as well as the property market. The couple – working professionals [...]

Read the full article at Case Study 3 – How Couple got Stuck with Property

Can you afford Landed Property?

Sunday, January 13th, 2008

Last year (2007), there were 4,892 landed property transactions. As reported in yesterday’s Zaobao, the hottest selling are terrace houses. The median price is $1.55 million. Semi-detached houses came in second, with median price at $2.23 million. Bungalows transacted at a median price of $4.75 million. Can you afford landed property?

Read the full article at Can you afford Landed Property?

Case Study 2 – How Engineer made Half Million

Monday, January 7th, 2008

This next story is about an engineer and his wife making $500k from a rather low-risk investment. (See previous case study.) The engineer had observed that many wealthy people like to invest in property. These rich people follow a rather simple strategy – buy an apartment or a shop when prices are low, rent it [...]

Read the full article at Case Study 2 – How Engineer made Half Million

Investing Tricks

Friday, December 28th, 2007

Some of best advice on investing (extracted from last Wednesday’s BT): The much touted “diversification” and “wealth preservation” strategies do not build wealth. The rich use them to maintain wealth. You need a better strategy to be rich. Buy when there’s weakness in the market. Buy when other people are panic-selling, or when there’s bad [...]

Read the full article at Investing Tricks

Property Transactions Down

Thursday, December 6th, 2007

In case you were tempted to invest in property after reading my post on property profits, here’s some sobering news. I looked at the URA data on the property transactions for condos in districts 9, 10 & 11 that have taken place from end of 2006 to October this year. The graph below shows the [...]

Read the full article at Property Transactions Down

Property Profits

Sunday, December 2nd, 2007

You want hard evidence that people actually made a lot of money from property investments? In this post, I’ll show you one example, based on data from URA (see post on how to check property prices). Valley Park is a nice 999-yr (almost freehold) condo development in the heart of River Valley area, very accessible [...]

Read the full article at Property Profits