Monthly archive - April 2013

The Boring Secret to Getting Rich is…

Posted on Apr 22, 2013 in Articles, Financial Freedom by 1 Comment

On day, a rich dad took his son on a trip; he wanted to show him how poor people live.

They spent time on a farm of a poor family.

On the way home, dad asked, “Did you see how poor they are? What did you learn?”

Son said, “We have one dog, they have four dogs.”

“We have a pool, they have rivers.”

“We have lanterns at night, they have stars”

“We buy our organic food, they grow theirs.”

“We have walls from our expensive houses to protect us, they have friends.”

“We have nice cars to drive and show others, they have freedom of time with their love ones.”

“We have latest tech gadgets; they have real touch & love.”

The son said, “Thanks dad for showing me how poor we are.” 

Why investors in S’pore and Hong Kong are cashing out of property

Posted on Apr 15, 2013 in Articles, Property Investors, Singapore Property Investment by 2 Comments


 

Unlike many other local media articles on the property market, this is an article I read with great interest because of its untainted 3rd party independant view and plenty of common sense logic.

I’ve re-posted this article with kind permission from the blog, PropertySoul who has also re-posted it from the original author below.

I’ve often urged many buyers, especially first-time investors to stay clear of our currently over-inflated property market, and if my advice has not yet reached your ears, I urge you to read this entire article with a change in perspective and an open-mind.

Following The Smart Money In Asia

by James Gruber on March 30, 2013

Investors selling property assets
Reasons for cashing out
Where they’ll put their money
What if property’s best days are behind it?
Housekeeping

What Should Property Investors do with their Money Today?

Posted on Apr 4, 2013 in Articles, Property Investors, Property Market by 0 Comments


 

Dear CREi Readers,

I want to share some personal thoughts and investment decisions based on the 2013Q1 URA PPI flash estimate and what it means for the property market.

The 2013Q1 estimate of 213.1 represents a 0.5% quarter-on-quarter increase, which is a moderation from the 1.8% q-o-q pace we saw in 2012Q4, but suggests that the market prices are still rising, albeit slightly, despite 7 rounds of government cooling measures.

Today, we’re at the record peak of the property cycle since 1965. It does not take a lot of common sense to tell us we did to tread extremely carefully, especially in current uncertain economic climate.