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How to be a millionaire by 2012?
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baseerahmed
Master |
06-Dec-2008 22:04
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Life is a Challenge : Life is not a bed of roses who said life was easy ?... you have to face the ups and downs ... accept the fact that life was not meant to be easy and you will face obstacles and you will either get through those obstacles or you won't. It all depends on how you handle the situation at hand . Being positive about it is a good thing. Be positive and solve each problem as it comes. No point in feeling sad or depressed about it. besides, money gives added power .... better to have this power than be without it ... |
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stupidfool
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06-Dec-2008 20:39
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The last time,how many lots of capitaland did u buy at 1.70? make sure this time u buy up 100 lots.This way u make more and can do the shouting at the pub.
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stupidfool
Senior |
06-Dec-2008 18:53
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This 3k a month....is it NET or it has to deduct off expenses like agent fees,repairs and maint.,taxes,overdraft int and depreciation? Expert calculated that the returns of properties is about 3 to 4 % a year.Slightly better than FD. AND......most interesting of all findings.......that over a 20 year period,the capital appreciation of real estate is only about 1 to 2 %. This is because over the 20 year period,there are fall and rise of property px. Of course here we talk of properties over a broad range.There could be instances where a person just hit jackpot by buying at the ritr place and at the rite time.For example,en bloc sale. Finally,ppl talk about rental.There are many problems with tenants as we read from the papers. Some tenants can gif u hell.
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cheongwee
Elite |
06-Dec-2008 16:59
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You people here talking about property...i have been posting and saying i will buy capitaland at 1.7 like last time i bought it and sell at 4.5... This time i will sell slowly...when i got it at 1.7 again..next year..will i be so lucky..if after got it..it go down further then add on if i can afford..wish me luck and sorry for those who vested at current px...no intention to cause hurt...1.7 may not come...good lick. |
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Luostock
Senior |
06-Dec-2008 16:53
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Buy "future" property at current price (at any down turn) for yr children is a wise move. Buy 2 properties if you have 2 children (under parents' name, transfer only if the child is mature enough and not extravagrant), 1 property for each child, 1 property at a time if you do not have sufficient capital for 2 properties at a time. Stay in one and rent out the other when yr children are still not married, Likewise, one must also instill this idea to yr children to prepare for their next generations. | ||||||
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baseerahmed
Master |
06-Dec-2008 16:26
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cheongwee
Elite |
06-Dec-2008 16:23
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The US $ will never crash, and the US is too big to fail..how to fail when you are all over the world. And no depression, cause the $ is not back by gold...unless they run out of paper and ink...can they? You will really get depression and need to see your doctor if you see your stock soar 3 to 4 time one year from now...you better buy slowly from now... imagine if you want trillion dollar bailout back by gold, then you have a depression longer than 1929...where to find so much gold? But do see gold and dow rally side by side...all inflation adjusted. 5 to 6 years from now will we be surprise to see a dow of 36000 and gold 5000 per oz..$300 oil..
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baseerahmed
Master |
06-Dec-2008 16:20
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my exact thoughts ....if , big if , have excess money, i would sink the money in land, in properties ... buy cheap ... and let it appreciate in value .. collect rent ... becos difficult to steal or squander little by little ... in short, play Monopoly in real life ... be little Donald Trump ... : ) |
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cashiertan
Elite |
06-Dec-2008 15:33
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yes this is my headache now.. i not sure where to put to protect my money. i intend to set aside 20% of my networth to something very safe. buy gold is a choice by Gold also peg to dollar. haha. headache. I am thinking of buying a land for retirement where i can grow my own foods and sell food crops. for a living.
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dcang84
Veteran |
06-Dec-2008 10:03
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GOLD!
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ekekeg
Veteran |
06-Dec-2008 08:43
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To become great and well known, all it takes is one single prediction to be accurate. Many predictions not true never mind. One must be true and popular. Just like many politicians trying to be fortune tellers as well. If only one thing is true, it will earn the forecaster a name for good fortune telling. | ||||||
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baseerahmed
Master |
06-Dec-2008 08:10
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" question is if the USD currency system crash, where shld I put my excess cash? Euro, Yen or Gold ? " in PCK style: no money also problem .. where to find , how to find ..... got money also problem ... where to put , how to protect .... ..sigh ...have also problem , no have also problem ..... sigh....! : ) hahaha ! |
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cashiertan
Elite |
06-Dec-2008 03:54
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I wonder why the US govt dun put him as advisors. what he say really shows his intense knowledge of economy. So many speaker i heard he is one i very convince he know what he is toking and not bullshit. the next one is warren buffet, even warren buffet is bearish but question is why are they so much into equitynow? FYI dr doom and warren buffet are bearish but it seem they are buy lots if stocks. dr doom predict another 20% drop for dow. which is abt the 5000 pts, last line of support, anything lower = greater depression. |
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cashiertan
Elite |
06-Dec-2008 03:41
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Dr Doom say 2Trillions of additional debts for the USA for 2008 and 2009. http://finance.yahoo.com/tech-ticker/article/140095/Massive-Destruction-of-Capital%3A-Roubini-Sees-%243T-in-Bank-Losses%2C-More-Bailouts Remember news is for reference not really for trading. I dont really read economy news except this dr doom. question is if the USD currency system crash, where shld I put my excess cash? Euro, Yen or Gold? |
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cashiertan
Elite |
06-Dec-2008 02:05
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Ipunter wont seel other ebooks as the comm is not high as genie at 60%. if genie a basis trading book can save his soul. i really wonder what level of trading skill he have. WWW.stockcharts.com chart school has more than what genie can offer and it is FREE. no need to pay and feed a parasite. I seriously wonder why SJ moderator never control sales as in other forums did. allowing this crap to come here con ppl money. |
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stupidfool
Senior |
05-Dec-2008 13:34
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Which pub would one vote for a drink? | ||||||
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ten4one
Master |
05-Dec-2008 13:24
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Hey Guys it is Friday lets drown everything and get out to have some funs Cheers! | ||||||
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iPunter
Supreme |
05-Dec-2008 12:56
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160K can double in a short time. Hypothetically...Choose a good stock eg SPC and buy it @1.90 then lock it up. For what you know, it may double or better in two years. But to achieve greater profit efficiency, leverage (eg. in fx, is a must, but risk is proportionately increased. Fx cam make you a million in no time...
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harryp
Veteran |
05-Dec-2008 10:42
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May be you can save that single soul by pushing your gene book if and when he ask for help on reading materials from this forum. This way you save many more souls by listening to your sales pitch everyday for a few times. This repetitive pattern of posting is almost spamming this good site and making it into a cheap place for ebook salesman to advertise their products. It also gives the impression that you are either very old and getting senile or forgot to take your pills... :))
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jasonfaxingliu
Senior |
05-Dec-2008 10:00
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Need advise, if I can get 160K investment, when will be the best time to login? What stock? How log I have to wait to get the target as per title to have a million | ||||||
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