Jamesc Hypersonic June 8, 2016 Share June 8, 2016 i disagree. without CMs, d mkt wldve shot up n exploded then crashed, n by now its on natural recovery phase. Instead, now we have a zombie property mkt that neither wants to die or alive. A directionless mkt is much worse than boom bust IMO. boom bust economy brokers still got job n traders can take advantage, a dead mkt due to CMs has caused alot more job losses IMO, n its so bad that overall economy now has been affected due to zero wealth created from prop mkt. To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive The reason we don't have a boom bust economy anymore is those Keynesian economists. They tap the accelerator when the economy slows and press the brake when the economy is going too fast. Bring back the monetarists and let the stock market go shy high and crash and then go shy high again. University of Chicago and Milton Friedman rules ok. ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 8, 2016 Share June 8, 2016 i disagree. without CMs, d mkt wldve shot up n exploded then crashed, n by now its on natural recovery phase. Instead, now we have a zombie property mkt that neither wants to die or alive. A directionless mkt is much worse than boom bust IMO. boom bust economy brokers still got job n traders can take advantage, a dead mkt due to CMs has caused alot more job losses IMO, n its so bad that overall economy now has been affected due to zero wealth created from prop mkt. To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive Yes , key word is crash..... watch thread sell watches porker thread sell porker property thread? I already sold all the properties that i hv have to sell except my roof. What more you still want ? Give chance lah, brother Link to post Share on other sites More sharing options...
Kusje Supersonic June 8, 2016 Share June 8, 2016 To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive I'm in agreement here but not because of the same reasons. I think ABSD and SSD is a big problem because it creates such a big buy/sell gap that liquidity in the market is severely affected. Link to post Share on other sites More sharing options...
Yewheng Twincharged June 8, 2016 Share June 8, 2016 i disagree. without CMs, d mkt wldve shot up n exploded then crashed, n by now its on natural recovery phase. Instead, now we have a zombie property mkt that neither wants to die or alive. A directionless mkt is much worse than boom bust IMO. boom bust economy brokers still got job n traders can take advantage, a dead mkt due to CMs has caused alot more job losses IMO, n its so bad that overall economy now has been affected due to zero wealth created from prop mkt. To add: i agree on having TDSR cap but feel that ABSDs n SSDs are too punitive That is the problem lor.. It creates illusion that the economy is doing well when there is no cm as property market sky rocket but in actual fact we are just waiting for the bubble to burst. Link to post Share on other sites More sharing options...
Wt_know Supersonic June 8, 2016 Share June 8, 2016 (edited) STI huat ah ... simi recession? bank stock cheong ah! check out the what do you makan thread for "shark fin + white rice" ... lol Edited June 8, 2016 by Wt_know Link to post Share on other sites More sharing options...
inlinesix Hypersonic June 8, 2016 Share June 8, 2016 Can buy bank stock now? Link to post Share on other sites More sharing options...
Duckduck Turbocharged June 8, 2016 Share June 8, 2016 Can buy bank stock now? UOB n DBS possible soon. Sembcorp industry n kep corp broke out, can long. 2 Link to post Share on other sites More sharing options...
inlinesix Hypersonic June 8, 2016 Share June 8, 2016 UOB n DBS possible soon. Sembcorp industry n kep corp broke out, can long. OCBC? It is the cheapest among big 3 Link to post Share on other sites More sharing options...
Throttle2 Supersonic June 8, 2016 Share June 8, 2016 OCBC? It is the cheapest among big 3 Below $8, i wouldnt mind. 2 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic June 8, 2016 Share June 8, 2016 OCBC? It is the cheapest among big 3 Too fast up already ... may have missed the boat ... Why not look at other stocks? 3 Link to post Share on other sites More sharing options...
Pinobii Hypersonic June 8, 2016 Share June 8, 2016 Wabbit full cash your home lah Elite mcfer rule Don't be like peasant me full of debt Link to post Share on other sites More sharing options...
Angcheek Hypersonic June 8, 2016 Share June 8, 2016 Wah, thats T2 leh, doggie no $$$ de Share doggie's anyhow ownself financial planning Max out cpf savings for housing loan, occasional lump sum top up to clear bank loan in shortest time possible Ideal is have at least one year's salary in full cash, keep in bank account for emergency such as retrenchment etc, this will help pay housing loan in cash when cpf is depleted So u see, unless super richie, cannot use full cash to pay house purchase de, must set aside cash for other purposes now you are rabbit you yearly salary must be a lot 9 Link to post Share on other sites More sharing options...
Pinobii Hypersonic June 8, 2016 Share June 8, 2016 now you are rabbit you yearly salary must be a lot Morninggggg...No ahhhhhhhhhh....mai sabo hor....hddbbeeeee only leh...... 3 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic June 9, 2016 Share June 9, 2016 Morninggggg...No ahhhhhhhhhh....mai sabo hor....hddbbeeeee only leh...... Hdb mansionette in bishan? ... no million no talk Link to post Share on other sites More sharing options...
Sunny Hypersonic June 9, 2016 Share June 9, 2016 shares continue to climb up oil prices up up up O&G shares up up up music continues everybody huat 5 Link to post Share on other sites More sharing options...
Wt_know Supersonic June 9, 2016 Share June 9, 2016 (edited) all huat ah ... let's party ! OCBC cheong ah .... no $10 no sell ... LOL Edited June 9, 2016 by Wt_know 3 Link to post Share on other sites More sharing options...
Enye Hypersonic June 9, 2016 Share June 9, 2016 Wah, thats T2 leh, doggie no $$$ de Share doggie's anyhow ownself financial planning Max out cpf savings for housing loan, occasional lump sum top up to clear bank loan in shortest time possible Ideal is have at least one year's salary in full cash, keep in bank account for emergency such as retrenchment etc, this will help pay housing loan in cash when cpf is depleted So u see, unless super richie, cannot use full cash to pay house purchase de, must set aside cash for other purposes a little suggestion for you to consider keep a year's (or more) home loan instalments in your cpf oa as buffer instead free up your cash in bank for other emergencies or uses 3 Link to post Share on other sites More sharing options...
Sunny Hypersonic June 9, 2016 Share June 9, 2016 Enye, on 09 Jun 2016 - 10:10 AM, said: a little suggestion for you to consider keep a year's (or more) home loan instalments in your cpf oa as buffer instead free up your cash in bank for other emergencies or uses ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Recommended Posts
Related Discussions
Related Discussions
2016 Audi A4 sedan & avant
2016 Audi A4 sedan & avant
Crashed Cars Restoration/Repair
Crashed Cars Restoration/Repair
2016 Hyundai Elantra / Avante
2016 Hyundai Elantra / Avante
RSAF F-16 jet crashes at Tengah Air Base; pilot receiving medical attention
RSAF F-16 jet crashes at Tengah Air Base; pilot receiving medical attention
Mid year bonus and bicentennial $200
Mid year bonus and bicentennial $200
Daihatsu admit tampering with safety tests for 30 years
Daihatsu admit tampering with safety tests for 30 years
2016 / 2017 Subaru Impreza
2016 / 2017 Subaru Impreza
No recession expected in S'pore in 2023, but 'significant' global risks remain: MTI
No recession expected in S'pore in 2023, but 'significant' global risks remain: MTI