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Here’s what to expect for the T-bill auction on 27 Feb
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What happened? Despite the fall in T-bill yields, many investors still seem
to be watching the upcoming auction closely. After all, some may be hoping
th...
4 hours ago
Buying HDB BTO is like buying in-the-money European-style call options that can only be exercised 5 years later.
ReplyDeleteResale HDB? That's like slightly out-of-the-money Euro-style call options! LOL!
Frankly for own residential property --- I view as combination of consumption & savings.
Consumption because you need to spend to have shelter anyway.
Savings because for most of your lifetime, you can still get a good savings rate of return after minusing off base expenses, if you sell.
The very good property "savings rate" of 10%p.a. if you bought in the 1970s & early-80s is a reflection of high inflation then. You would have done better buying local stocks & companies. ;)
Good one!
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