As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 21 February 2010

Another Debate On Property Or Stocks Investing - Part 2

Another Debate On Property Or Stocks Investing

Rules meant to avoid bubble


Govt considered other factors besides prices in acting to prevent bubble, says Grace Fu
By Jamie Ee Wen Wei
  • From yesterday, any property sold within a year of its purchase will attract stamp duty of around 3 per cent. This is on top of the stamp duty the prospective seller had earlier paid on the purchase.
  • Lending institutions will now be allowed to lend only up to 80% of the value of the property, instead of 90%.
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Createwealth8888:

The latest rules announced by the government is another blow to low funded retail investors who are speculating or investing in properties. May be more will eventually come back to speculate in the stock market.

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