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BullishTempo
Supreme |
18-Apr-2011 11:54
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Talking about HDB flats, the 5-room Bishan HDB flat I am staying in, bought in 1989 at $110,000 is now worth $550,000. I can rent out the whole place and go stay with my brother. Financial freedom if I want it now, but I think its too early to retire yet    
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eplepl
Master |
18-Apr-2011 11:46
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yes, u are right.... risk is much smaller than stock market. a 4 room hbd  can fetch 2,600 monthly rental income.  if only the old folks collect rent and stay with their children. happy retirement................
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BullishTempo
Supreme |
18-Apr-2011 11:36
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What is the risk of stock market crashing aka. Lehman brothers in 2008? Something like that happens every few years. And the associated risk with rental default? Just kick the bugger out and get another tenant.  There is risk crossing the road and walking down the stairs. Weigh your risks and move on ahead. Otherwise you will always remain stuck where you are, in fear.  
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rotijai
Supreme |
18-Apr-2011 11:29
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thanks! I agree with you that rental income is always the safest.. i hope i can achieve tat before 30-35.. kinda ambitious but no harm doing tat :D
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pharoah88
Supreme |
18-Apr-2011 11:29
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WHAT is the TRUE NETT NETT RETURN on CAPITAL ? ? ? ? WHAT about the RISK of  RENTAL payment DEFAULT  ? ? ? ?
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eastcivic
Elite |
18-Apr-2011 11:29
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thank you for the advice and the link!
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BullishTempo
Supreme |
18-Apr-2011 11:26
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Try commercialguru.com 
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eplepl
Master |
18-Apr-2011 11:25
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that is good, can you recommend some ?  
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rotijai
Supreme |
18-Apr-2011 11:21
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any link to more about industrial units? thanks :)
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BullishTempo
Supreme |
18-Apr-2011 11:11
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Retail space is not cheap nowadays unless you can get really good deals. I would prefer industrial units that people normally convert to office space. You can buy one for about $150,000 which gives you about $1500 rental income. If you save up on your car, and holidays, you can easily buy that industrial unit. 
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Hulumas
Supreme |
18-Apr-2011 11:11
Yells: "INVEST but not TRADE please!" |
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No, I keep reducing my equity portfolio holding of US market so far of < 5% only.
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eplepl
Master |
18-Apr-2011 11:08
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what about the US market..... something to watch out for ? NEW YORK (Reuters) - Earnings could make for a bumpy ride in stocks this week if more key companies undershoot expectations, possibly causing a spike in volatility. Disappointments from Alcoa (NYSE:AA - News), Google (NasdaqGS:GOOG - News) and others in the first week of earnings have dampened some of the enthusiasm about results, ensuring that eyes will be glued to reports in the coming days. On tap this week are top technology and financial company results, including Yahoo (NasdaqGS:YHOO - News), Intel (NasdaqGS:INTC - News), IBM (NYSE:IBM - News), Texas Instruments (NYSE:TXN - News), Goldman Sachs (NYSE:GS - News) and Citigroup (NYSE:C - News). This blitz of numbers will come during a holiday-shortened week. U.S. financial markets will be closed on April 22 in observance of Good Friday. |
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eplepl
Master |
18-Apr-2011 11:05
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hello BT. industry property like factory or office space ? retail outlet too risky ? EPL.
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BullishTempo
Supreme |
18-Apr-2011 11:01
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I am also doing some financial planning for my clients and this is what I usually recommend for those who are seriously committed to being financially free before 50 years old.Most people worry that they do not have enough money to retire at old age. Which is why financial planning as soon as you start work in your 20s is a must.    In any financial portfolio I highly recommend having some form of real estate. Real estate allows you capital gains over time and is much less volatile than the stock market. And the real beauty is, the monthly rental income will allow you a true passive income month after month, thereby allowing you financial freedom and no more worries about retirement or old age.    Age 25 to 35 is the crucial stage. Save as much as you can, forget the nice car, holidays, restaurant dinners. By 35 you should have a nice nest egg build up. Split that nest egg into two portions. Use one portion to pay for down-payment for a piece of real estate, preferably an industrial unit, 60 years leasehold (cheaper than residential) which also gives better rental yields. Borrow the rest from the bank, pay for the installments from the rental income and your day job.   The 2nd portion, invest it in bonds and stocks. By your 45th age, you should have paid off that real estate, which should give you rental income between $1500 to $4500 depending on the location and size you bought. Most ordinary folks can get by with that amount of money. And hey, financial freedom is at your door. From 45 to 75, you get 30 years to enjoy your life at a relaxed pace and live life the way you want it without anyone to boss you around. Hope this helps           |
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BullishTempo
Supreme |
18-Apr-2011 10:57
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well... all I am hearing is investors/traders are expecting big movement for GenSp in 3rd quarter due to approval of junkets probably around that time. Of coz, its just rumours, and its still months away. 
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BullishTempo
Supreme |
18-Apr-2011 10:55
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Thanks roti boy   :-)
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eplepl
Master |
18-Apr-2011 10:46
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any lobang counters to watch out for ?  
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rotijai
Supreme |
18-Apr-2011 10:39
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wow BT.. nice to see u back :)
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pharoah88
Supreme |
18-Apr-2011 10:37
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WHAT happened tO BUND CENTRE's price ? ? ? ? BONUS ISSUE ? ? ? ? RIGHTS ISSUE ? ? ? ?
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BullishTempo
Supreme |
18-Apr-2011 10:36
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Market will be stable now, as investors are waiting for XD, and some last minute buying may push market up a little more for those stocks still in CD. Next month will see the big names announcing results. Good luck!    
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