tag:blogger.com,1999:blog-1602023866179666640.post845433183219532436..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Young Asian adults likely to face cash crunch in retirementCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1602023866179666640.post-6392851973785201322017-04-10T22:29:04.646+08:002017-04-10T22:29:04.646+08:00For youngsters, the best bet for property will be ...For youngsters, the best bet for property will be landed homes in Saigon, Rangoon, Bombay. These are the financial centres of up & coming economies with swarms of young people and who are hungry to become middle-class. Buying property there today will be like spending $20K to $30K buying a bungalow in 1960s S'pore. FWIW LKY bought his Oxley Rd house for about $30K back in 1965. I have a relative who bought a 20,000 sqft bungalow in Katong back in 1970 for $25K and sold it near the peak in 2013 for close to $20M.Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-70375505170753216552017-04-10T11:33:07.942+08:002017-04-10T11:33:07.942+08:00Same thinking. Coming to retirement soon either vo...Same thinking. Coming to retirement soon either voluntarily, involuntarily, or statutory and still got mortgage payment and cannot meet FRS and get CPF to step for 1-to-1 session. CPF finally realize its social responsibility to help this particular group to open up their mind and eyes to explore options before too late.Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-55712773494497695432017-04-10T11:28:30.162+08:002017-04-10T11:28:30.162+08:00I didn't read this long post to the end as my ...I didn't read this long post to the end as my mind is thinking why so many people still in debt with property.<br /><br />Ah ... blame it to G b'cos it allow or encourage people to borrow up to 70 years old (now 65?).<br /><br /> RayNghttps://www.blogger.com/profile/06085987573946040792noreply@blogger.com