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Investment Talk

E.V.ilyn

By E.V.ilyn
in TCSS Kopitiam Corner

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Throttle Newbie

Throttle

Posted
Posted
There are alot of online tools to help you such as :

http://www.ocbc.com/personal-banking/calculator/loans_ocbc/calculator.html

 

http://img.photobucket.com/albums/v469/udaloy/ScreenShot003-7.jpg

 

However, there are alot of questions you have to answer yourself, such as :

 

Based on your current CPF contribution, is it enough to service the monthly mortgage ? If it is insufficient, what is the cash top-up ?

 

What is the realistic rental ? What other commitments do you have ?

 

Rental rates go up and down depending on supply and demand. You may get $4000/month for two years, but only $2500/month for the next two years but your monthly mortgage payments will not reduce proportionately.

 

Property tax will be 10% pa.

 

If you have alot of CPF, and a good income, this is one way to cash out your CPF before retirement by means of rental income.

 

good advice

above all else, one must consider how stable one's job is.

 

by the way, isnt Property tax is 12%?

I remember paying 12% for the property i am not staying in.

if owner occupied is 4%.

On top of property tax there is income tax on your rental.

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
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Demon Newbie

Demon

Posted
Posted (edited)

by the way, isnt Property tax is 12%?

I remember paying 12% for the property i am not staying in.

if owner occupied is 4%.

 

IRAS has reduced it in line with the reduction of company tax whereas owner-occupant property tax is still maintained at 4%

 

http://www.iras.gov.sg/irasHome/page04.aspx?id=3700 :)

 

On top of property tax there is income tax on your rental.

 

bro throttle, I'm sure you are financially savvy enough to figure out a legitimate avenue to pay minimal tax from your rental income. :)

Edited by Demon
Throttle Newbie

Throttle

Posted
Posted

oh, now it's 10% only?

cool.

 

minimal taxes? i cannot relate to that.....

 

hhmmm...maybe i should seriously go buy 1 or 2 condos next week .

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
  • 2 weeks later...
Throttle Newbie

Throttle

Posted
Posted

starting taking profits recently. slowly but surely. At this levels , i think the market has had all values priced in. many are sitting on the fence but the tendency is to take some profits. i dont expect anymore good news from here. hopefully it can consolidate around 2300 - 2400 and not crash.

 

Same with properties, went to look at some but absolutely not compelled to buy. District 9 but low quality finish yet exhorbitant prices. crap. some HDB are even better.

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
omnislash Newbie

omnislash

Posted
Posted

I had SGX at 7.1, Semb M at 2.73, Yongnam at 0.235. Can only go for long. No time and $$ to trade.

http://img.photobucket.com/albums/v416/urylle/284668.gif

 

Biting on the fray of my hair, I muse upon the way to find the oasis of evermore beyond the vertical horizon, I shall join the windupdeads in owl city, neither my safetysuit nor my red jumpsuit apparatus can save me, cuz I mistook a death cab for cutie in plain white T's...

DeusExMachina Newbie

DeusExMachina

Posted
Posted

Market up since Monday, Hang Seng was up, we were sure to follow suit. Good news for us since we opened on Tues on a high note.

 

Already exited all my positions for 20% profits yesterday.

 

If I had hung on till today, it would be 25%.... but oh well, that's the game I guess. Was afraid that it would come crashing down today or tomorrow. Risk/venture/gain/loss.

http://img.photobucket.com/albums/v161/DeusXMachina/Lean2a.jpg
CMYRS Newbie

CMYRS

Posted
Posted
Market up since Monday, Hang Seng was up, we were sure to follow suit. Good news for us since we opened on Tues on a high note.

 

Already exited all my positions for 20% profits yesterday.

 

If I had hung on till today, it would be 25%.... but oh well, that's the game I guess. Was afraid that it would come crashing down today or tomorrow. Risk/venture/gain/loss.

 

a bird in the hand is worth 2 in the bush.

 

global equities pause after a 4 wk rally, volumes have been reduced due to summer season n no major news to trade on.

 

however, consolidation has benefited USD & JPY the most.

eur/usd should continue to consolidate due to FOMC in progress.

 

take n run n live to fight another day.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

DeusExMachina Newbie

DeusExMachina

Posted
Posted
a bird in the hand is worth 2 in the bush.

 

global equities pause after a 4 wk rally, volumes have been reduced due to summer season n no major news to trade on.

 

however, consolidation has benefited USD & JPY the most.

eur/usd should continue to consolidate due to FOMC in progress.

 

take n run n live to fight another day.

 

Damned straight.

 

I took out all my cash and ran away screaming like a little girl.... :angel:

http://img.photobucket.com/albums/v161/DeusXMachina/Lean2a.jpg
CMYRS Newbie

CMYRS

Posted
Posted

excellant.

 

at the moment, everything looks like its struggling to stay afloat tonight.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

CMYRS Newbie

CMYRS

Posted
Posted

there goes the bubble

 

NASDAQ, S&P, DOW all over -1.5% tonight.

 

glad u all got out.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

DeusExMachina Newbie

DeusExMachina

Posted
Posted
there goes the bubble

 

NASDAQ, S&P, DOW all over -1.5% tonight.

 

glad u all got out.

 

 

Yep. All down tonight.

We'll prolly see the cascade effect here in Asia come Monday.

 

Let the chips fall. Once the dust settles, we can take up positions again.

http://img.photobucket.com/albums/v161/DeusXMachina/Lean2a.jpg
Throttle Newbie

Throttle

Posted
Posted

everyone is thinking the same so it may not fall much or at all.

the big houses are recent buyers this round and they wont be letting go so soon.

 

good luck to all.

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
CMYRS Newbie

CMYRS

Posted
Posted
I've been loading up on A-reit and CapitalRetail china reit.. You guys buying anything today?

 

nope, the floodgates are open, time to go short.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

CMYRS Newbie

CMYRS

Posted
Posted

wti, brent, gasoil, naphtha, kero and anything crude base is in for a rocky time, options expiry is tonight, enjoy the ride!

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

Throttle Newbie

Throttle

Posted
Posted

good retracement. gives the market a healthy breather.

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
Throttle Newbie

Throttle

Posted
Posted

Been loading ST eng since $2.38, just keeping long term , maybe for my kids

http://img95.imageshack.us/img95/4128/demimoore2fi.jpg
CMYRS Newbie

CMYRS

Posted
Posted

the USD kicked off the wk strongly as global equity mkts dropped by 2 or more %.

Euro/usd is back to 1.405, lowest level since late july.

 

US TIC data has been mixed. long term TIC i believe is showing net inflow of $90.7bn but total net is an outflow if 31.1bn. So the TIC breakdown shows strong net demand for US treasuries, net inflow $78bn. Generally, a good sign for things to come.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

CMYRS Newbie

CMYRS

Posted
Posted
Hey sidetrack abit, is that a Tiger i see in your avatar CMYRS?

 

Yup!~ Spot On Mite.

Most people go through life following the crowd.

 

Others think for themselves.

 

They go their own way.

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