We are taking the low SIBOR rates for granted

[laksaboy]

No worries, when wayang party wins, the rates will go sky high. Think of your loans.

If you want to saddle yourself with multiple and frivolous debts, there's no point pushing the blame on any political party, PAP or others.

Borrow less, save more, reduce the money supply and stop building so much crap on the island. I'm all for higher interest rates.

 

[frenchbriefs]

this is my old poker tournament graph....now this is a stock thats good for investing,it shows a company thats increasing profit over time.

 

[frenchbriefs]

of course gold is a bad investment....this is the chart of gold prices over the last 100 years.....notice how it has the characteristics of a commodity that has no growth potential except for 2 major bubbles,one of which is now bursting?compare that to the chart of s&p and dow jones and berkshire harthaway which has a gradual slope upwards over the course of the century.

actually im curious,gold start showing alot of activity around 1967....is that when they took the US dollar off the gold standard?is gold like the mirror of US dollar or something?

 

[rushifa666]

Probably because they tried to repeal Glass–Steagall in court? Thats a guess

 

[winnipegjets]

According to W Buffet, gold is bad investment. Investing in good companies is better.

Totally agree.

 

[rushifa666]

no longer trust anything he says. not when his own company is full of fraud like the other banks. For all his rhetoric on fundamentals his hands are as dirty as the rest of them

 

[Runifyouhaveto]

两银行调高固定房贷利率 Two banks hikes rate
21/06/2014 联合早报
http://news.omy.sg/News/Local-News/story20140621-272330
DBS up rates by 0.2%, May Bank up by 0.1%

 

[SgGoneWrong]

两银行调高固定房贷利率 Two banks hikes rate
21/06/2014 联合早报
http://news.omy.sg/News/Local-News/story20140621-272330
DBS up rates by 0.2%, May Bank up by 0.1%

Still too low to cause multiple property holders to let go of some units.
Also, rates hike in sg will be slow and very very gradual. No way these holders will die pain pain.

 

[Runifyouhaveto]

Still too low to cause multiple property holders to let go of some units.
Also, rates hike in sg will be slow and very very gradual. No way these holders will die pain pain.

thank you for your reply good brother. hahahaha otherwise RUN will be talking to himself.
Good night and please take care.



Concern over indebtedness in Singapore, Asia
http://www.businesstimes.com.sg/pre...n-over-indebtedness-singapore-asia-20140621In Singapore, household debt-to-GDP ratio stood at about 75 per cent last year. This is higher than Hong Kong's 62 per cent, though for Hong Kong, that is its historic high.

 

[zhihau]

is it is a good time to average down or wait?

i average down recently
altogether now!!! HUAT AH!!!

 

[SgGoneWrong]

i average down recently
altogether now!!! HUAT AH!!!

Do you find it strange that stock market still chionging with world cup going on?
When world cup is over won't the punters return back to stock market pushing the prices higher?

 

[Runifyouhaveto]

Do you find it strange that stock market still chionging with world cup going on?
When world cup is over won't the punters return back to stock market pushing the prices higher?

good brother, i mentioned to you recently that stock market beginning to enter a strong bull run now, very very strong, even S&P and Dow at historical high.
very strong but i think this is the last phase.

 

[SgGoneWrong]

good brother, i mentioned to you recently that stock market beginning to enter a strong bull run now, very very strong, even S&P and Dow at historical high.
very strong but i think this is the last phase.

Could you estimate when the last phase will end?
I really thought things stocks will quieten down during wc but what I saw make me entered shares again.

 

[Runifyouhaveto]

Could you estimate when the last phase will end?
I really thought things stocks will quieten down during wc but what I saw make me entered shares again.

I dunno bro, that is a million dola question. But i will have an idea by monitoring how fast S&P breaks 2000pts.
Very fast n furious = the end is near.
Slowly = more sustainable but still last leg of the bull market.

 

[SgGoneWrong]

I dunno bro, that is a million dola question. But i will have an idea by monitoring how fast S&P breaks 2000pts.
Very fast n furious = the end is near.
Slowly = more sustainable but still last leg of the bull market.

Thanks
Pls keep us informed

 

[Runifyouhaveto]

Thanks
Pls keep us informed

just casual chat only. mi not expert.
lose money don't blame mi. Have a good sunday bro.

 

[roastgoose]

good brother, i mentioned to you recently that stock market beginning to enter a strong bull run now, very very strong, even S&P and Dow at historical high.
very strong but i think this is the last phase.

Thats one of the indications of the last phase of the bull no?

Strong runups in blue chips and even the penny stocks and then the selldown.

 

[Runifyouhaveto]

Outlook for Singapore’s banking system remains negative: Moody’s

Moody’s Investors Service says its the outlook on Singapore’s banks remains “negative” over the next 12 to 18 months. “Because the banks have rapidly grown both their domestic and cross-border loans in recent years, we expect a moderate increase in problem loans, as interest rates rise, due to the United States Federal Reserve’s expected raising of policy rates, and as asset prices are likely to fall.”
http://www.todayonline.com/singapore/outlook-singapores-banking-system-remains-negative-moodys

Interest rate upside used to be positive for banks but quality of loan portfolio is lacklustre, going forward.

 

[SNTCK]

i average down recently
altogether now!!! HUAT AH!!!

what share you average down? dun tell me ocbc??!!

 

[SNTCK]

btw i just hoot bank of america yesterday night.