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Coffeeshop Chit Chat - The real secret to make money...</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>
</NOBR> </TD><TD class=msgDate noWrap align=right width="30%">1:41 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 7) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4453.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>How to make money in 2009
Ms Sulian Tan-Wijaya, senior director of retail and lifestyle at Savills Singapore
What was the best and worst thing that happened to you financially this year?
Best: I was so busy at work that I missed out on opportunities to invest in creative investment funds, many of which turned out to be dodgy due to the bad underlying asset risks.
Worst: I didn't take profit on my property and equity investments. My paper gains were not realised and now I have to hold and wait for the next bull run and property upswing.
How do you see 2009 panning out?
Many people I spoke to are actually quite liquid and are waiting for the 'right time in 2009' to invest in properties and equities. Unless there is more bad news of great magnitude, there should be more investment activities and buying opportunities next year.
I am generally positive because both properties and stocks are good long- term investments and 2009 will be a good year to start investing either in a dream home or blue-chip stocks. If share prices decline, then it's an opportunity to average down.
What's one piece of financial advice you'd give a person looking ahead in 2009?
One should not wait for the bottom to start investing as it's impossible to be precise about it.
If you invest in blue chips or properties in prime locations, you will eventually make money if you have holding power.
Would your answer be different for a) a single, working person b) a married couple with school-going children c) a retiree?
My answer will be more or less the same for a single working person and married couple.
For retirees, they should opt for more liquid investments and avoid investing in products they do not understand. It's better to read the fine print in any investment product.
Is it a good time to buy a car or property?
It's a good time to buy a car if you're looking to replace or upgrade as COE premiums are very attractively priced now.
For properties, it's a good time to start looking for that dream house to live in. I don't really encourage speculating in properties when the market is volatile, especially if you need to leverage.
[email protected]
</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt noWrap width="24%"> Options</TD><TD class=msgrde noWrap align=middle width="50%"> Reply</TD><TD class=wintiny noWrap align=right width="25%"> </TD></TR><TR><TD class=msgbfrbot> </TD><TD colSpan=3> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<!--PostMsgHTML--><SCRIPT language=JavaScript><!--if (adPosition == 1){ showGoogle(); }//--></SCRIPT><!--/PostMsgHTML--><!--PreMsgHTML--><!--/PreMsgHTML--><TABLE class=msgtablealt cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>
</NOBR> </TD><TD class=msgDate noWrap align=right width="30%">1:42 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (2 of 7) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4453.2 in reply to 4453.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Actually, she is talking cock here lah.... the real secret to riches and fame for her is to marry a superbly rich Indon businessman lah.... but of course, one must make sure one has the necessary "assets" to do so....
HAHAHA!
[email protected]
</TD></TR><TR><TD> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Ms Sulian Tan-Wijaya, senior director of retail and lifestyle at Savills Singapore
What was the best and worst thing that happened to you financially this year?
Best: I was so busy at work that I missed out on opportunities to invest in creative investment funds, many of which turned out to be dodgy due to the bad underlying asset risks.
Worst: I didn't take profit on my property and equity investments. My paper gains were not realised and now I have to hold and wait for the next bull run and property upswing.
How do you see 2009 panning out?
Many people I spoke to are actually quite liquid and are waiting for the 'right time in 2009' to invest in properties and equities. Unless there is more bad news of great magnitude, there should be more investment activities and buying opportunities next year.
I am generally positive because both properties and stocks are good long- term investments and 2009 will be a good year to start investing either in a dream home or blue-chip stocks. If share prices decline, then it's an opportunity to average down.
What's one piece of financial advice you'd give a person looking ahead in 2009?
One should not wait for the bottom to start investing as it's impossible to be precise about it.
If you invest in blue chips or properties in prime locations, you will eventually make money if you have holding power.
Would your answer be different for a) a single, working person b) a married couple with school-going children c) a retiree?
My answer will be more or less the same for a single working person and married couple.
For retirees, they should opt for more liquid investments and avoid investing in products they do not understand. It's better to read the fine print in any investment product.
Is it a good time to buy a car or property?
It's a good time to buy a car if you're looking to replace or upgrade as COE premiums are very attractively priced now.
For properties, it's a good time to start looking for that dream house to live in. I don't really encourage speculating in properties when the market is volatile, especially if you need to leverage.
[email protected]
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<!--PostMsgHTML--><SCRIPT language=JavaScript><!--if (adPosition == 1){ showGoogle(); }//--></SCRIPT><!--/PostMsgHTML--><!--PreMsgHTML--><!--/PreMsgHTML--><TABLE class=msgtablealt cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>
HAHAHA!
[email protected]
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