euro = u roll

euro is falling down, falling down

u roll is rolling down, rolling down...

sounds all too familiar?

Will it survive the fall... ...?

Oil price "LS"

Recently, oil faces downward pressure and it plummeted on Monday, hitting 6 yr low!

Even with the recordssSs of new lows, Saudi Arabia & co. signal that they will NOT CUT OUTPUT. 

So can we expect another wave of new-lows? How low can it get?

Up the ante for retirement fund via CPF-SA

Ever wonder how much difference can that additional 'paltry' 1.5% (2.5% for OA; 4% for SA) can make?

Try this calculator I created n please do let me know if any error has been spotted! 10u! ^_^

https://docs.google.com/spreadsheets/d/1mRa0SBSOi-u9co068tchICn4OR59hkmk7qq0dmaN8qU/edit?usp=sharing

RETIREMENT

Recently, there have been talks about raising the retirement age.

Many wonder why the need to raise the retirement age.
- is it due to the lack of manpower? lack of expertise?
- or are people simply not saving enough for their retirement, hence the need to "up" the retirement age...?

Just wondering...
What is the most important factor in considering the big WHEN to retire?
- money / health / because it is the official age to do so...


Will raising the retirement age = wait longer to start relying on CPF?  :C

Home prices ‘to fall 20%' by 2016

read:
http://www.channelnewsasia.com/news/business/singapore/home-prices-to-fall-20-by/1354620.html

so many are complaining about expensive houses in Singapore.

BUT what if prices of homes fall by 20%?
will many start complaining about falling (negative?) values of their homes?

according to the report - loan curb, slower flow of foreign workers and rising interests rate may cause up to 20% fall in home prices. wow~!

should this happens, will this fall attracts investors to start speculating / entering the property market?

or will this fall mark the start of a new era where people will no longer see property as a form of lucrative investment?

when is enough, enough?

how much should one have in order to retire 'comfortably'?

and by the time the 'target (savings)' is reached, will one already be leading a more luxurious life than he/she did when setting the target?

hence, realizing the first target is actually invalid unless lifestyle change can be accepted.

if only we can remain 'humble' materially ...

SGX - reduced lot from 1000 to 100 from 19/01/15

As per announcement by SGX, lot size will be reduced from the current 1000 to 100.

Yippy or Nay?

Although one will have easier access to buying 'expensive' stock - UOB, DBS blah blah... it is good that even small fry like myself can buy counters I probably wldn't see myself even touching... lol

can diversify my portfolio already~ must get ready war-chest. ;P

but then unless commission will be lowered (like SCB), this will mean a trade needs higher margin to breakeven, especially when one buy only 1 lot...

so will we see more trading thru SCB, or reduced comm... ? this waits to be seen.