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It's no longer a stable economy going forward. Along the way, things may take a turn for the worst. And is often the least you expect. For those who highly leverage on properties(30years loan and above), just have to watch your reserves and health. Got a link from yahoo news : Singaporeans Should have by 35?

I have been advising people to avoid Dual Currency Investment for the past year. My views are stated in this FAQ: http://www.tankinlian.com/faq/duali.html This type of investment allows you to bet on currency movements. You stand the chance of a big loss when the currency moves against you. You only get a small return (in the form of a higher interest rate) when currency moves in your favour. Recently, the AUD dropped by 30%. Those who were "long" in AUD lost 30%. But those who were "short" in AUD did not gain 30%. They only gain 1% or 2% in higher interest. The bank keeps the remainder of the profit. I learned to my horror that unsophisticated investors were asked to invest in "leveraged" dual currency investments. The bank lends them 4 times of their investment, so that they can take 5 times of the risk. If the currency drops by 20%, their total investment is wiped out (i.e. 20% X 5 times). The relationship manager of the bank who sold the leveraged DCI earned 5 times of the commission on this product. But, it wiped out the total savings of the investors. Someone told me that her mother lost $500,000 on this type of investment. Another retiree told me that he lost $150,000 in 2 months, out of the invested sum of S200,000. Do not invest in any of these products. Be careful about the advice of the relationship managers. Now I know that why my RM can afford to drive a bigger car than me. Do you the difference between a finacial banker and a pigeon today? The pigeon can STILL make a "deposit" on a BMW. I tried to get cash from the ATM today but it said "insufficent funds". I dont know if that meant them or me.