Living in JB

[Analytical Professor]

Yeah disposing ETFs is similar to disposing stocks.

Its safer than stocks surely and low on expenses compared to UT/MF

ETF are low expense ratio funds as contrast to Unit Trust/Mutual Trust..
Whether faster to dispose depends on volume being traded.. similar to common stocks in sgx..

 

[Analytical Professor]

Agree with you. Hence i told my kids that they have to work for their own homes and cars.

A good education is all that I can provide

Possibly a memorable childhood too.

That's true.. however the caution is that the children shd not be brought up with the idea that all is being provided for them, leading to complacency..
Else they may turn up to be bummers.. relying on parents.. (Reminds me of George in Seinfeld)

 

[LeMans2011]

Nicely written and explained. You stay at LF too?

Nope, i was looking at Bayou Creek at LF which is not strata-titled... the Sales called me up inform about the soft-launch so i conveniently asked them about this 20% increase in maintenance charge, to which she conveniently replied strata-titled are more ex compared to individual-titled. She further claimed they have kept the costs there for 5 years, hence the need to increase... disclaimer: i have not verified her statement

 

[jasonjst]

I deal with many computer related people. More than 10 years back, I see repairmen from Singapore for computer and printer repair, now I hardly see them except for high end hardware. I usually see PRC and Indian . Now even cablemen are not the usual Singaporean/M'sia, I see Pinoy foremen, PRC and Indian. This is why I have lesser faith for fellow countrymen going into this trade.

I remember there was a time when govt were asking retrench people over 35+ to go for computer repairs course and many did not get a job in those line eventually. Are they not good enough or are there more young men that can do it better at lower price ?

If parents are wealthy, they can afford to let kids try out career that fit them nicely but for those who are not, job security would be 1st priority. Unfortunately, I belong to second category ! When I asked my son what he would like to be ? He said to be pay playing computer game everyday and he will truely be happy. I am dumbfounded. I have yet to find any such job for youngster today. Professional gamers , does it pay enough to pay bills ?

I have lost faith in PAP system ... look at what people say :-

http://moolahoooh.blogspot.com/2011/03/fake-talents-in-singapore.html

http://www.temasekreview.com/2011/03/05/proof-of-mom-being-hoodwinked-by-fts-fake-degrees/

http://en.wikipedia.org/wiki/Human_trafficking_in_Singapore

Why push our children so hard to get a place in NUS /NTI or oversea top uni when our gov simply can accept any fake talent from all over the world ? These FTs pay 5K to 7K ? True or not ?
Our local grad from NTU / NUS cant event get 2.5K ..

 

[abugumgum]

Gigantic medical bills to name one.... :(

True, although can minimise with some insurance, live healthy lifestyle etc. Still feel unpredictable like lottery.

 

[aangsc]

Agree with you. Hence i told my kids that they have to work for their own homes and cars.

A good education is all that I can provide

Possibly a memorable childhood too.

Same view here. No promise of house or wealth from the old man/dame. We provide them with every opportunity to accumulate knowledge within our mean. If we do decided and able to leave something for them, that would be bonus. For me , inheritance is a privilege not an entitlement.

 

[Analytical Professor]

Nicely said.

I planned my life without expecting anything from my parents.

Whatever i got from my parents is and will remain a bonus. Ofcourse grateful to my parents.

Same view here. No promise of house or wealth from the old man/dame. We provide them with every opportunity to accumulate knowledge within our mean. If we do decided and able to leave something for them, that would be bonus. For me , inheritance is a privilege not an entitlement.

 

[Analytical Professor]

Causeway massively jammed.

I think its the pay day syndrome.

After everyday same story unfolds.

 

[mallow]

We may not rejoin Malaysia (out of selfish interests ofcourse of the powers that be!) but surely there will be greater cooperation between the 2 neighbours out of mutual benefit. In one word SYMBIOSIS. I believe NJ will succeed although the gestation period may not be to our liking!

Hey AP and flens, it occurred to me a short while back and this seems confirmed after reading this and the other post about whatgoeson in Singapore, that there are many rightful advantages and perks available to us, even though we have chosen to spend most of our time in Johor. With this in mind, there are free cancer screenings for women etc. Then there is useful information on what needs to be done [e.g. if you did not vote and wish to be reinstated on the Electoral Rolls] and even sales and special offers.
With this in mind, I have added such to my weblog that was originally meant to inform those who have come here about Johor, info that keeps Singaporeans informed of the good stuff that becomes available in Singapore.
What do you think?
If you think so too, please feed me stuff to share with those of us who are here so we might be able to enjoy or take advantage of what is ours too?
Thanks! Drop a quick note to [email protected]

 

[Chillout]

Hi wuqi or anyone can advise what is the estate duty like in JB? Like how much they'll deduct when one passes away in JB and the house is given to someone as inheritance... Do they recognise a will made in Singapore?

From discussion with my M'sia lawyer with regards to our estate, estate duty was also abolished and the will from Singapore will be recognised. This is very important for us.

 

[Analytical Professor]

Im surprised Digi has not improved their signal in the HH area.

HH area and NJ are sought after areas.

Digi should ramp up coverage n signal strength in the area.

Helps me as well when i use second link

 

[Chillout]

haha yeah forgot about this...one bill can wipe out all savings...

The irony is as long as we are working, we don't need to use/activate Medishield as we have our company's insurance to cover us. However, once we retire at 65, the Medishield stops coverage too. So in another word, we are paying for something we won't need as long as we are working and when you need it the most, we don't have it unlike civil servants and family are covered till death. This is so unfair.

 

[Chillout]

That's true.. however the caution is that the children shd not be brought up with the idea that all is being provided for them, leading to complacency..
Else they may turn up to be bummers.. relying on parents.. (Reminds me of George in Seinfeld)

Totally agree with you on this. Always told my kids that we will provide them with all the education they want and nothing else, No need for them to repay us with monthly allowance in future (don't want to burden them) and the best they can do for their parents is to live a life where their parents don't have to worry.

Whatever gifts we are planning, we don't want them to know.

Seen a few rich kids growing up not driven with the mentality of 'extending their hands out' when they go out even though they are already working or not at all. Sitting around waiting for inheritance. So sad.

 

[Analytical Professor]

I hope i am not wrong. But medishield details are at the link below.

My honest opinion medishield offers basic coverage.

Insufficient and basic tied to class b2/c within additional limits imposed ob policy annuallimits and lifetime limits.




http://www.moh.gov.sg/mohcorp/hcfinancing.aspx?id=334

 

[Analytical Professor]

Nice

Tuas free flowing

No jam

 

[Analytical Professor]

I think i spoke too soon.

Massive jam at Tuas at the malaysia side of immigration

 

[cathylmg]

can share more what happened?

Its my parents. They are selling salted eggs now. Long story.

 

[cathylmg]

Huat Ah to all.

Strong fundamentals are a must be it for a Company.

So focus on good stocks with strong fundamentals.

Yes for the medium to long term stocks give you the best returns!

Key points to remember:
1) No guesswork
2) No following peoples advice
3) Buy into a business you understand and believe

China is still a great place to invest and will remain a great place to invest for a long time to come.

Rental property is still the best investment instrument. Think of it. You can buy a $200k property with just $40k cash. Then collect money from rent to pay for loan and eventually get the full $200k back. Not taking into considerations of capital appreciation. Neat huh?

 

[cathylmg]

The irony is as long as we are working, we don't need to use/activate Medishield as we have our company's insurance to cover us. However, once we retire at 65, the Medishield stops coverage too. So in another word, we are paying for something we won't need as long as we are working and when you need it the most, we don't have it unlike civil servants and family are covered till death. This is so unfair.

Also, medisheild covers you up to the age of 80. After 80 year old, you are on your own. Just when you need it most. And a lot of things are not covered under it. Like kidney dialysis, eye operations, cancer treatments...etc which are most commonly needed.

Getting extra coverage for yourself is also very very expensive. The premiums will deplete all your medisave funds as the years goes by because it gets more expensive as you age. And not 100% covered too. Only up to a maximum of 90% of your permitted claim. You gotta pay another extra which I feel it is sky high just to cover another 10% of the balance.

Thats why to be frugal and save up as much as you could during your healthy years is very important so as not to be caught off guard when you are old and needs money for medical treatments.

There a the saying of 'Can die but cannot fall sick!'

 

[Analytical Professor]

Jam at Tuas super long.

Getting royally toasted in the scorching sun