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02-11-2011, 08:52 PM
(02-11-2011, 03:04 PM)Thriftville Wrote:(02-11-2011, 02:59 PM)wozhaodaole Wrote: actually i see a lot of investors with cash and hoping for EU to collapse so that they could buy cheap stocks. if this is the case, i am wondering how can stocks become cheap in a situation where there are always ready buyers?....
Good observation! In crisis, people will panic, so they will liquidate their assets or funds. Mutual funds will be forced to sell in large amount at whatever price they can fetch... that will trigger a sudden collapse in price... usually the demand is less than supply, so the price will be low for you and I to pick up... haha... sounds like scavenger?
(02-11-2011, 02:48 PM)Temperament Wrote: This is definitely correct. our Yamen try to keep us from becoming "rich" too easily. Yamen has so many different forms of taxes and "control how you spend your money tatics" on big items like car and housing. Then importing more workers than "necessary" to make sure not only you have to work very hard but remain "poor". The question i always ask myself is who else besides the "Elites of Singapore" benefited? Maybe the 60% of the population did who voted for them?
Hey buddy, I can feel your frustration... I think the easier way for resolve this is to strengthen oneself and join the elites... then you wont have to fight against the current...
Really? Can you really join the ELITES
The real ELITES of Singapore are all chosen from among the Yamen's top scholars,top army's generals, of course there are exception like 'kaki lang"- the very young & greenhorn recent lady candidate who ride on the coattail of group election system, recently. They say she will be earning up to a $million easily after just 5 year term as an MP.
Will you consider a doctor practising in the HDB's heartland an Elite too?
I don't think so if you ask him. Taking him as a base of comparison i think many professionals don't consider themselves as belonging to the Elitist's class. Middle or upper middle class maybe?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.