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Wednesday, 20 November 2019

You are not a Tree







I suspect the HK 1997 emigration wave 2.0 may happen soon enough.

Those of you around middle-aged, I'm sure you know of cases where some of your old childhood neighbours, classmates, or colleagues have already emigrated overseas.

I quite like Singapore. Very safe and comfortable. Too bad no 4 seasons. That's the thing I missed most.

But then again, I'm not a vegetable. I'm mobile. 

I have a citizen of the world mindset.  So I guess its all good?








Saturday, 16 November 2019

Of course it will happen...


Those who volunteer to hand money to big daddy not affected. 

They probably wished big daddy would remove the cap. Then they can do lock, stock, and barrel! 

What can go wrong?


The rest of us not surprised. The sun rises from the East every morning right?


Unless you think things will get cheaper in the future.


Nah. Of course cost of living would increase. 

Wouldn't it be nice if education, transport, and medical costs can be like the switching of electricity providers? 

A 20% price reduction would be most welcomed!

Why I never mention housing?

Well, housing is like this. When we haven't got our own place, we hope prices would come down. But once we got our own properties, we'll sing another tune... You mean you want property prices to crash -20%?


Its all our fault lah!

Once upon a time in the 50s or 60s, people retire at 55 and die around 65. Your retirement savings only had to last 10 years or more. 

And if we go sell salted eggs at around 65, we won't have to suffer or worry about old age wear and tear medical problems and costs too! 

Life was much simpler then... 

Then everyone started to become like Dr Mahatir.

Be honest. If you take everything out at 55, you think it will last you till 95?


So its more whether you think you can do a better job in "ownself take care ownself", or let big daddy do it for you.

Before you take everything out or try to have as little as possible tied to big daddy (like me), remember big daddy has several advantages you don't have - if you decide to go the DIY route:

1)  Encourage more babies (have to wait 20 or more years; think of them as durian trees)

2)  Bring in more new citizens (working ones can contribute immediately; instant noodles)

3)  Encourage more to voluntarily contribute (can always move the goal posts later)

4)  Worst comes to worst, can socialise everything. There's always negative interest rates. 



And that's the essence really.

Can you ownself take care of ownself?










Wednesday, 13 November 2019

It will never happen...


The thing about middle age is that we have seen and experienced too many things...

Once upon a time, I was like youth - it will never happen one!

Or so I thought...



That's the strenght of youth!

Not knowing what cannot be done.



But when old fogeys slam the table and exclaim with confidence - it will never happen...

I simply smile.

What's the point of arguing?



Did you expect things to get so out of control in HK?








Thursday, 7 November 2019

Control Kids













Monday, 4 November 2019

Property - not about Buy-and-Hold is it?


These Singaporeans won the housing lottery


Well, I let you decide whether the same can be applied to equities or other investment classes. Wink.


Maybe its my retail background.

Those outside the industry may think a Buyer's main task is to buy or procure?

That's farther from the truth!

LOL!








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