tag:blogger.com,1999:blog-6897513886211197509.post540108022003656020..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: You know how to beat inflation?Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-6897513886211197509.post-57477040658898153452018-03-03T22:21:33.051+08:002018-03-03T22:21:33.051+08:00WolfT and CW,
OK, maybe I can extend my free kopi...WolfT and CW,<br /><br />OK, maybe I can extend my free kopi services to lonely tai tais?<br /><br />Buy me a drink and I'll spend an hour with them - listening and giving them my full attention?<br /><br />LOL!<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-57542352075210493812018-03-03T11:38:37.212+08:002018-03-03T11:38:37.212+08:00Agreed. For 70 and 80s tai tai. They need sweet ta...Agreed. For 70 and 80s tai tai. They need sweet talks more than body. Still got chance to be toy boy. :-)CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35058047708395851652018-03-03T11:14:35.018+08:002018-03-03T11:14:35.018+08:00To a 60-80 tai tai, you are the toy boy! Lol!
Just...To a 60-80 tai tai, you are the toy boy! Lol!<br />Just make sure you maintain the BGR feel!<br />希望在人间. WolfThttps://www.blogger.com/profile/16325630869208244002noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-24796622003410664442018-03-03T00:00:50.893+08:002018-03-03T00:00:50.893+08:00WolfT,
Easy for you!
At 50 now, its not easy to ...WolfT,<br /><br />Easy for you!<br /><br />At 50 now, its not easy to marry rich...<br /><br />I would think a rich tai tai would prefer a toy boy that is more like the energizer bunny - can go on and on, and on all night ;) <br /><br />LOL!<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-5994303379055436092018-03-02T23:40:32.276+08:002018-03-02T23:40:32.276+08:00Easy lar! Just marry someone richer than ourself l...Easy lar! Just marry someone richer than ourself lor.<br />My thoughts is that in Sg our growth now is not the same as our father’s yr. Mild Inflation yes ,but not hyperinflation like 8-12% during the 80s. <br />Better sell all the reits and high debts dividend stocks now while you can.WolfThttps://www.blogger.com/profile/16325630869208244002noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-87933420693468880632018-03-02T12:16:16.193+08:002018-03-02T12:16:16.193+08:00Rolf,
No me ;)
Opposite sides of the same coin a...Rolf,<br /><br />No me ;)<br /><br />Opposite sides of the same coin approaching the same topic from different angles!<br /><br /><br />As for hyperinflation, we don't need to look far. <br /><br />Just ask our colleagues from neighbouring South East Asian countries where there are lots of zeros behind their currencies... They are probably more "savvy" than Singapoeans who only knew "mild" inflation ;)<br /><br />On that same topic, can be good to say hello to our Malaysian cousins acroos the causeway.<br /><br />In the 70s, I remember using Malaysian coins and notes were interchangeable with Singapore currencies.<br /><br />A more "financially literate" (or luckier) Malaysian parent would have done better if he/she had bought life insurance policies denominated in SGD over MYR ;)<br /><br />You think why Indonesians come Singapore buy properties and insurance policies denominated in USD or SGD?<br /><br /><br />How many who exhort others to "invest" in equities to overcome inflation ever considered hedging currency risks?<br /><br />Land owners hedge differently from shepherds, and shepherds differently from sheep ;)<br /><br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-58434542634617747052018-03-02T11:07:02.552+08:002018-03-02T11:07:02.552+08:00Ben,
Peace be with you.
Ben,<br /><br />Peace be with you.<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-5965743316790905212018-03-01T23:34:35.177+08:002018-03-01T23:34:35.177+08:00So now who is the one who started the inflation to...So now who is the one who started the inflation topic? hahahahaha <br /><br />Inflation is not that scary. It is hyper inflation that is scary like in Venezuela now and in pre WW2 days in Germany. <br /><br />Many people talk about inflation but, we have to know what is the cause of it. <br /><br />Inflation means the same amount of money buying lesser amount of goods and services. This means devaluation of money. The reason is because of fiat currency. <br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35581853713629558252018-03-01T22:54:18.936+08:002018-03-01T22:54:18.936+08:00Hi all,
I think that cherishing every day is the ...Hi all,<br /><br />I think that cherishing every day is the way to life fufilment. Be content and satisfied for a peaceful day at the end of every day. Live in the moment!<br /><br />BenWTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-75113674647947753422018-03-01T22:08:36.490+08:002018-03-01T22:08:36.490+08:00Sillyinvestor,
The same can be said of graduates ...Sillyinvestor,<br /><br />The same can be said of graduates inflation?<br /><br />I've lost track. How many % of each cohort make it to university today? I'm guessing around 50%?<br /><br />Especially when we take into account those poly graduates moving on to universities eventually through part-time local private or overseas universities.<br /><br /><br />I just wish no wars at our doorsteps during my next 50 years I'll be very grateful!<br /><br /><br />Compared to that, inflation is nothing... Anyway, Singapore experienced high inflation in the 70s together with everyone else through the 2 oil shocks. <br /><br />If I want to learn about how to beat inflation, I rather talk to my mom and dad or anyone who has lived through it.<br /><br />People ignore the "treasures" living with us, and give greater weight to strangers telling us how to think and what to do!?<br /><br />家有一老, 如有一宝。<br /><br /> <br /> <br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-68068922014490731142018-03-01T19:17:52.166+08:002018-03-01T19:17:52.166+08:00Inflation is everywhere ... It's scary
Marks ...Inflation is everywhere ... It's scary<br /><br />Marks inflation, sorry? My time ACC is good enough to get into local engineering university... Now? Marks inflation, because everyone chase the last mark, last time mark where got so hot.<br /><br />Anyway, the best guard against inflation is either human capital or luck la. 3 percent we kaobei, 4 we say dood is coming. U just need to have a useless govt to mismanage economy, Google hyper inflation, u find plenty of examples<br /><br />Capability can also be inflated too, so can human capital. What is hot demand for your skills might be gone ...<br /><br />Ti gong bao you.. <br /><br />Let us have another peaceful 50 years and perhaps 100Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-33853747164830763902018-02-28T21:07:36.738+08:002018-02-28T21:07:36.738+08:00Unintelligent Nerd,
A young man sees the craftsma...Unintelligent Nerd,<br /><br />A young man sees the craftsman; not his tools ;)<br /><br />You did not return what you've learnt to your lecturers!<br /><br />Wink.<br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-37766269726813297042018-02-28T20:18:09.309+08:002018-02-28T20:18:09.309+08:00Hi SMOL,
Beating an inflated head more important....Hi SMOL,<br /><br />Beating an inflated head more important. <br /><br />Overconfidence comes before a fall ;)Unintelligent Nerdhttps://www.blogger.com/profile/17797052565143872922noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-41833996128045848272018-02-28T19:57:42.834+08:002018-02-28T19:57:42.834+08:00Rainbow girl,
Just as long you didn't fall fo...Rainbow girl,<br /><br />Just as long you didn't fall for those gold trading and land banking scams...<br /><br />Didn't buy those high yield junk bonds that defaulted...<br /><br />You do not own stocks that have gone to zero or taken private at prices lower than our entry prices...<br /><br />And not vested with stocks at -50% down when STI is at 3500... What beat inflation? Just breakeven at nominal price happy oredi!<br /><br />Sometimes doing nothing can be better than "being" busy ;)<br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-22000584827125937882018-02-28T19:53:00.667+08:002018-02-28T19:53:00.667+08:00Rainbow girl,
Bingo!
Just like that, a girl has ...Rainbow girl,<br /><br />Bingo!<br /><br />Just like that, a girl has discovered the best hedge against inflation - her mind ;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-2863325321976712422018-02-28T18:56:32.728+08:002018-02-28T18:56:32.728+08:00Do something tends to be better than not doing any...Do something tends to be better than not doing anything. <br />Buy somethings tends to be better than not buying anything. Then again, depends on who you buy from. Hehe.Rainbowhttps://www.blogger.com/profile/17762360552800572152noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-48156318076447793182018-02-28T18:53:31.541+08:002018-02-28T18:53:31.541+08:00Yeah, exactly! So I have been thinking of how to d...Yeah, exactly! So I have been thinking of how to diversify out of Singapore (to foreign equities).<br />Finding work in another country did crossed my mind but easier said than done haha.Rainbowhttps://www.blogger.com/profile/17762360552800572152noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-33916880565581396222018-02-28T18:42:50.628+08:002018-02-28T18:42:50.628+08:00Rainbow girl,
Interesting. I belong to the Singap...Rainbow girl,<br /><br />Interesting. I belong to the Singapore population growth to 10 million camp.<br /><br />You may want to pause and think about what you have just said.<br /><br />If what you say comes true, why on earth do you want to invest in Singapore equities?<br /><br />You may also want to be mentally prepared to find work in another country ;)<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-21025031562263031722018-02-28T18:39:30.084+08:002018-02-28T18:39:30.084+08:00CW,
Excellent!
That's why on hindsight, eve...CW,<br /><br />Excellent! <br /><br />That's why on hindsight, everyone is a genuius!<br /><br /><br />The same can be said about non-property asset classes anyone is "investing" into now to protect themselves against inflation ;)<br /><br />Who can see 50 years into the future?<br /><br />If so convinced, why all those who "sell" you the idea dare not offer a money back guarantee? <br /><br />Instead they write in small print lots of disclaimers which basically says:<br /><br />"Of course I must say until got dragons and phoenixes mah! If not how you buy? But if anything goes wrong, my reply to you is if I ask you to jump off a building will you do so?"<br /><br />LOL!<br /><br /> Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-80310645963978679292018-02-28T18:27:07.630+08:002018-02-28T18:27:07.630+08:00Spur,
Thank goodness for your comment!
I was thi...Spur,<br /><br />Thank goodness for your comment!<br /><br />I was thinking people are taking my post too seriously ;)<br /><br /><br />Sometimes I suspect the "smart" know-it-all financial freefom seekers are missing the main point:<br /><br />Human capital.<br /><br /><br />P.S. Its never good to disrespect Lady Luck too ;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-15329021484249265122018-02-28T17:47:21.765+08:002018-02-28T17:47:21.765+08:00Your grandparents property is inflation proof, you...Your grandparents property is inflation proof, your recent property purchase will be known whether inflation proof when current baby boomers fully retired from workforce in the next decade 2028CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-77006534764922647072018-02-28T17:30:53.416+08:002018-02-28T17:30:53.416+08:00Human capital & property? Hahaha!!!
Although ...Human capital & property? Hahaha!!!<br /><br />Although in today's Singapore, property probably will just meet long-term inflation, not beat it ... Unless buy at depressed price during bad recession.<br /><br />With faster paced industry disruptions & mass worker immigration, human capital may resemble more of callable long-dated TIPS ... getting "called" with a bronze handshake (lucky ones may still get golden handshake LOL!!).Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-53886799070267937052018-02-28T17:05:35.275+08:002018-02-28T17:05:35.275+08:00Hi SMOL,
The asset class last time may not necess...Hi SMOL,<br /><br />The asset class last time may not necessarily beat inflation like the way it did for our grandparents in the next 50 years leh.<br />With aging population, no more another event like HK transfer of sovereignty, less migration and foreign talents influx - can property prices still go up up up?<br /><br />Besides assets, human asset aka job earnings may also be able to keep up with inflation but it also pretty much depends on which industry one works in.Rainbowhttps://www.blogger.com/profile/17762360552800572152noreply@blogger.com