My Search For A Better Old Folks Homes In Singapore: A Review Of A Spa-Like
Retirement Home In London
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Some time ago, I wrote an article about my search for a better retirement
home (as compared to what we currently have in Singapore.) It seems I’m not
the...
11 hours ago
By 2nd half 2020?? Hohoho!
ReplyDeleteHow to invest & profit in the next recession. Simple and general tips ... especially for those still working.
Market is crazy nowadays... but it cannot go forever without a recession.
ReplyDeleteRetirees don't have to invest to build up wealth for retirement. Know what is enough and stay invested and add when favourable market condition appeared for that desired yield. Slightly bigger cash generation for next few years as saving.
ReplyDeleteThere may be more upside if we can collect those big cap stocks at 3 to 4% during market crash
ReplyDeleteThe STI yield is 5~6% during bear market (crash) with ~50 margin of safety in price.
ReplyDeleteDuring the last 3 big bears, STI weighted dividend yield peaked at around 5.5%-6% on TTM basis.
ReplyDeleteHowever chances are that most people were too scared to buy. Yield can always go higher! LOL!
E.g. At the beginning of 2016 in the 2015 mini-bear, STI yield reached 4.5% ... how many were buying big then?
Currently the yield is about 3.6+% --- average to slightly above average. Compared to many other stock markets around the world, S'pore blue chips are still rather cheap.
Coincidentally monthly resident unemployment rates often peak at 5.5% to 6% in major recessions. However this statistic is slightly delayed by couple of months from MOM.
Hence more useful as "timing" tool for property bargain hunting. (Properties only see major price drops when big numbers of people lose jobs & can no longer pay their mortgages)