Originally posted by maurizio13:

Then everybody should just keep their money in the bank and CPF.

Don't invest in stocks, business ventures, real estate, commodities. If everybody thinks like you, then all businesses in the world would come to a standstill.

Seriously, if I was your daddy, I would be extremely disappointed to have a son like you.

Are you elaborating how Temasek got it's fingers (ooops should be arm) burned when it invested in Global Crossing, Merrill Lynch, Shin Corp, Suzhou Industrial Project and Optus?

From telling us that property value will appreciate in tandem with inflation rate, now you are telling everyone that it is stupid to keep your money in CPF  and you MUST invest because some idiot in sgforums said so.

During the late 90s, (maybe you are still studying for exams) CPF have made the annoucement that majority of CPF members who use their money in investment would actually be better off leaving their money with CPF.

Any financial advisor will tell you that one must always set aside some liquid assets in risk free enviroment, and not put everything into high risk basket. 

And btw, what makes you think that if everybody dont invest, the world will come to a standstill?  Honestly I dont know what the hell are you talking about!! 

If I am your dad, I will pray do God that it was my neighbour who actually made your mum pregnant not me.  

Mr. Wong should consider engaging a lawyer to sue the government for this ordeal. If lucky, he might walk away with milllions

Originally posted by gasband:

CPF is never an investment. Like what is mentioned, it is a forced savings plan and in fact, a plan that you can never receive in cash until you are almost dead haha. CPF is a savings plan so that when you reach a certain age, say 35 and you need to buy a flat, there is at least a sum of money for you to buy your flat or should I say pay the downpayment. But it is never an investment. At 2.5%, it is risk free and if you choose to look at it that way as an investment, it is a good investment return with no risks.

BUT!

Why should you let it stay inside there for 2.5% when there are so many better options out there with manageable risks and yielding higher returns. Before April 1st this year, I have cleared out whatever money in the CPF as investments because at my age, I do not foresee myself needing the CPF money to buy a flat till 4 years later so why not invest it?

Of cos now, with the 20K cap, there is nothing much you can do with the first 20K of your CPF money but hey why the cap is there is another issue, partly to do with what those "wayward" finanical planners do to "spoil" market. So dun blame the CPF for just giving the 2.5%, there is always another choice one!

If you think you can do better than 2.5%, then you should invest your CPF fund through CPFIS. Over the last 7 years, by yield from stock investment only is about 275% or 39% a year.. But then again during good times, or when the market is on its up trend, it is always easier to make money.

However if you get burn, please dont blame the government for letting you use the money to invest.

Originally posted by maurizio13:

Only fools will make such dumb statement.  

Originally posted by maurizio13:

The second element is inflation, the property you bought for $1,400,000 with an inflation of 6.7% a year, would have been priced at $1,493,800 at the end of 1 year. 

Originally posted by maurizio13:

Gazelle,

You win!

We should all do like what you suggested, keep all the money in our CPF accounts during high inflation, because it's risk free.

Interest rates 2.5%, inflation rate 6.7%.

Happy?

You are the biggest idiot in this forum. Period!!

Originally posted by maurizio13:

One of the biggest concerns for investors worldwide is the current surge in inflation, and the possibility that much higher levels of inflation may appear in future years. Buying a fixed asset like a property is a classic defense against the threat of inflation which undermines the value of cash and fixed incomes.

http://www.ameinfo.com/81615.html

OMG...as an investment  "GURU" who suppose to be capable of providing over 3% of RISK FREE returns for investors is using a 2006 report; written for and by Dubai companies to promote Dubai property, to support his case. Is this a classic example of a wannabe "guru" desperately looking for something to support his case or what? 

Obviously Mr. Guru himself is not aware that UAE Dirham is pegged to the US$, and inflation in UAE has actually higher than the property prices have appreciated over the last 1 to 2 years.

Good try mr. guru!!

Originally posted by maurizio13:

 

The points 2 and 3 relate to my previous post, so I answered it. Whereas point 1 relates to eagle's purchase of some investment.

So I guess those researchers at NUS were wrong.

You are correct.

Happy?

 

I suspect that Eagle and Maurizio are infact the same person in this forum, and their purpose is to create a fake sense majority opinion. 

If not, can you help to explain where there are only "2" persons in this forum who believe that property prices by default will appreciate in tandem with inflations?  

:D

This is really pathatic dude!!

Both Eagle and Maurizio are saying that investing in property will help you to hedge against inflation. And they both seems to agree that, if you buy a 1.4m property today and if the inflation is 6.7%, by next year, the property will be valued at $1.4m x 106.7% = $1.4938m

Hahahaha...

a) Price of Singapore private property down by 2.1% in April 2008.

http://idealresidence.wordpress.com/2008/05/13/luxury-home-prices-down-21-says-report/

b) Analyst is predicting that luxury property prices in Singapore could fall 32% by 2010.  

http://singaporepropertyfrontiers.com/2008/03/27/luxury-home-prices-to-fall-32-by-2010-nomura/

I guess if what they are saying is true, then Singapore should be experiencing deflation by now..:) 

Originally posted by maurizio13:

First you question me all those points, I answered you about your misunderstanding about how inflation moves with real estate.

Then now you throw a slew of irrelevant questions.

Dodo!!!

The government doesn't need to have US$300 billions (according to you) assets to pay your CPF money. The government can always ask MAS avail more money to them, that's why it's risk free. You mean if the government doesn't have US$300 billions, they cannot pay you all the CPF money? Risk free doesn't equate to inflation free dodo.

You got memory problems, either that or inflation is so high that the initial $3 million has grown to $30 million. If you don't have money, then don't talk big. You need at least $1 million to open a private banking account to invest. Obviously you don't have the money, so you can't show me the money. So you should just zip your mouth instead of making yourself to be a fool.

What about the point you raise about inflation being linked to real estates? Were you wrong? It takes a real man to acknowledge his mistakes, while a pussy will just hide under a skirt.  Maybe those folks at NUS were wrong in their research, they should have consulted you, the person who knows everything.

 

I am getting a bit confuse now, when did I ever ask you for your opinion about property? I thought i was talking posting my comment to Eagle? Unless you are telling me that both Eagle and Maurizio are infact the same person? possible?

As for your explaination about property, I almost fell off the chair when I read your comment. Hahaha..you are really an idiot!!!

Originally posted by maurizio13:

The second element is inflation, the property you bought for $1,400,000 with an inflation of 6.7% a year, would have been priced at $1,493,800 at the end of 1 year. 

Originally posted by maurizio13:

Can you respond to the points I responded instead of going off topic again?

Like what the oxford moron always say, the truth hurts.

You can't handle the truth.

So now I must divulge all my personal information to you?

Isn't your CPF at least 45 years investment. Moreover I guarantee you more interest than your CPF, risk free with bank as guarantor.

Bank and a legal contract to guarantee your capital and interest. You also no balls to take up the challenge.

You are beginning to sound more like Gazelle.

CPF is not an investment, it is a force saving plan started by our government. Our CPF money is back up by Singapore government, not public listed company) which manages over US$300 billions of asset and that is why they are as good as risk free.

As for you, you are just a forumer, only capable of big talking and impressing kids in this forum, and you are asking others to put in $30m with you for twenty years and call it risk free?

I do have balls, but the only other problem is I have a brain too. 

Originally posted by maurizio13:

What's the point of telling me "show me the money"? Your understanding of investments from some movies?

If you are interested, invest $3 million with me for 20 years. Give me your lawyer's contact? I will get the lawyers to draft a contract with a reputable bank guaranteeing you the 3% interest and capital risk free. 3% interest is substantially higher than your 2.5% risk free you are getting from CPF Board. But whatever profits that is above 3% is mine and you have no claim to it. Do you have the guts to put your money where your mouth is? Or are you just talking crap?

Honestly I dont know WTF are you talking about here. So far you only show us that you dont just lack knowledge in investment, but also common sense in doing business.

a) You dont challenge your customer/investor if he has guts to flush his money down the drain by giving it to a fools like you.

b) Your customer must know your credential, products and the price must negotiated and agreed upon before we talk about lawyers and contacts. Not the other way round.  

c) Why do we need a bank? Are you trying to sell 50cents from the bank for $1?

d) What is your company's pay up capital and investment track record?

f) What financial backing or insurance do you have to gurantee that your investment is RISK FREE?

g) Who in the world would be so stupid to sink $3m into an investment for a period of TWENTY FREAKING YEARS?

I am not sure who is talking crab in this forum..:D

Originally posted by eagle:

Suntec City bond. My gf has already put the money in, so I can definitely say for sure. Already bought it in March. Armchair critic? It is fact!

Property goes up in price with inflation. You forgot about that.

For SPH and ComfortDelGro stocks, they have been consistently giving out 5% (6% if you buy at the low) dividends each year.

There's one more way to achieve even greater returns (~10%) with equally low risk, but you have to hold if for long term (at least 10 years). But I guess since you won't understand the market, no point sharing with you.

A perfectly new one costs around $1.6 to $1.7 million. Again, my gf's family bought it (because their current house has gone to en bloc sale). And according to my property agent friend, that type of house (supposed not new), even if in ulu area, can fetch minimum of $5k a month for rental

1) Are you talking about Suntec City Reits or Bond?

2) I am not sure which university or "experts" in this forum teaches you that, value of property always move in tandem with inflation.

If you are so sure about what you are saying, I would appreciate if you could help explain why in the US, UK and Spain for example, the price of food, energy, gas are all going up, while property price are falling?

I suppose if Singapore would to adopt your sort of investment strategy for our CPF, we would have been going belly up by now.

3) Your property friend must be lying to you, or he is just a rookie property agent who doesnt know what he is talking about.

Originally posted by maurizio13:

diversified investment portfolio.

i suppose you would put all your money in the bank?

this is a classic example of a non financial savvy believing that risk free means putting all the money in the bank.

with a divestiture of 2 billion dollars into a various asset class, it would yield more than 2.5%. get a basic education in finance before you start talking to me about investment. i guess markowitz must have been a million times smarter than you, else investments in current time would never have been possible.

risk free by putting all your money in the bank does not imply totally free from risk, though you are free from default risk, ask central banks are able to print money (fiat money) and release into the money supply. default free risk does not imply you are free from inflation risk.

show me the money.

Originally posted by eagle:

with 250k, I know of a bond of almost neglible risks giving a minimum of 5.28% if you hold it for 5 years to maturity because it has also capital protection.

This is bearing in mind that 5.28% is still rather low... With 2 billion, I would even consider snapping up a few 1.4 million sgd 2nd hand terrace houses at certain areas and renting them out at around 5k a month. The options are many many...

Care to tell us which bond are you talking about?

There is no such thing as a 2nd/3rd/4th/5th hand property, they are call resale property.

$5K over $1,400,000 property only gives you an yield of 4.28%, and that is excluding the maintenance cost, property tax, income tax , stamp fee ($36,600), and factoring opportunity cost. And for $1.4m terrace house, it is most likely to be a leasehold property or some shabby freehold terrace which is located in some secluded location which you cant really command such high rental. Investing in property is not risk free either as property prices do fluctuate and they are not a liquid investment. Plus who can guarantee that you will be able to get $5K rental on a consistant basis?

It is always easy for armchair critics to talk about investing in this and that, all you need is to buy a copy of BT and choose what is up and avoid what is down.

Care to share with us,your investment portfolio?  

This thread is a classic example of an armchair critic in action. If you dont think so, lets ask the thread starter, if you have 2 billion dollars today, where will you be putting your money to get a RISK FREE ROI of 2.5%.

I have a brand new copy of Halo 3 limited edition which comes with very slick looking metal casing. If you are interested, please PM me.

Managed to reduce my weight by 5kg and now I can feel my pants and shirts are all getting "bigger". Hope to go down by another 5kg by July08. :D

Originally posted by xavier1979:

Jogging. Lasting more than 30 mins each time. 3 times a week.

Watching your diet would help too.

I usually brisk walk for about 10 mins before jogging. I was told that the body needs about 10-15mins to warm up before it starts to burn fats..Is this true?

Originally posted by TehJarVu:

me only tummy fat
face also rounder than b4 lah haha

ideal is to lose 6Kg

Is your pants or jeans getting smaller?

Originally posted by the Bear:

i heard giga xdd was intimidated to heck..

and we weren't eating as we usually do

btw.. where the heck is the ferret and fatum? they're supposed to be the ones organising crab genocide gluttony session...

Is it true that crab is very bad for people with gout?

Originally posted by SevenEleven:

actually i hate sweating, i don't really fancy music, i'm  just too lazy.

sunny day to hot

windy day going to rain

morning too early

evening after work too tired

haiz...... fortunately, my companion nagged me into it if i want a piece of mind at home

 

I dont think you are lazy, just that you are not motivated to do so.

I could be bcause 

a) You are too comfortable with life

b) You think its too late to do anything about your weight

c) You havent been paying much attention to your health  

Originally posted by SevenEleven:

wow....that's motivating. I have a gym downstair but the moment i reached home, i melt on my chair

haha..that sound really familiar..:D

Actually the trick to enjoying your excercise if to have a MP3 player loaded with all your favourite songs. Preferrably some of those more mood lifting music.   

I have started my excercise regime 2 weeks back and the result have been quite encouraging. Here is a brief summary of what I am doing

Mon - Jog (40-60mins + weights)

Tue - Jog (40-60mins + weights)

Wed - Jog (40-60mins + weights + 20laps swim)

Thur - Jog (40-60mins + weights)

Friday - Jog (40-60mins + weights + 20laps swim)

Saturday - Jog (40-60mins + weight) (2 sets - morning and afternoon)

Sunday - Rest

As for diet, i usually have a proper breakfast and  then fruits and biscuit for lunch. As for dinner I try to cut down on rice and have more veg.

Just did a medical check up recently and for the 1st time I am being classified as obsese. (very sad) ...haha

I am now targeting to lose about 8 to 10kg in 3 months through excercising and controlling of diet (mainly cutting down on alcohol, calories and fatty stuffs). Hence I would like to know if anybody here have embarked on the same program before and if there is any good excercise routine to recommend?

Originally posted by hloc:

S'porean.... S'porean.... S'porean....

If Govt decide on how you should live your life..... you unhappy.

If Govt now let you, yourself, decide how to live your life.... you complaint no moral.

If any man thinks with his lower body instead of his upper...... what is the Govt suppose to do.....  Do we want the Govt to be or Moral leaders

All I wanted is for them to leave us alone with matters of how we wants to live our lifes.......

Singaporeans are forever complaining