ever watched RoboCop?On his fears for the future of Singapore, Lee, who once famously vowed to rise from his grave if something went wrong with the country, now seems ready to let fate run its course.
"I have done my job," he said. "I found a successor and handed over to another generation... I cannot live forever as a young, vigorous 40- or 50-year-old."
Malaysia is like any investment here or overseas. If you take MM comments literally, god forbid, same thing can happen in Singapore. He has handed over the baton and it is up to us and further generations to make sure that with a stroke of a pen it does not wipe out all his good work.
But it must not stop us from taking calculated risk here or overseas. We will surely stagnate and not progress if we do.
Remember Warren Buffet is still taking calculated risk at 83.
browsing around youtube and chanced upon this.. scary
of course it can happen anywhere.. even in low crime Singapore..
Scuba & Father... For Life
don't laugh at JB and KL. The MLY robbers may take note of the statement "not a shot was fired" and "police exercised maximum restraint" (meaning some of them hid in the ambulance) and decide that the SG ground is sweet for them.
[QUOTE= 1. Get a reasonable condo or house in JB, RM1m (SGD400k) - some studio went as low as RM300~400k but the rule of foreigner eligibility keep flip flopping, unless you buy one in Medini with no restriction
This is very worrying for many Singaporean. They always use Singapore to compare. Why put aside SDG 500k on a piece of property and not utilize it for retirement? Many think they are going to make money after a few years or even within a few years after purchase. So, their starting point is not about retirement but investment.
If it is all about investment, then you need to consider what is a good investment. Do visit JB and look around. You sure you going to make money from your property investment? If I would to invest in Malaysia property, it has to be in KL and the prime district. Retiring in JB or any where else in Malaysia do not need to purchase a property. Rental are fairly cheap and you have options to pull out anytime.
Please think proportionately. Warren Buffet is investing in billions and make or lose billions. If it is a few thousand we can afford then we win or lose a few thousand. Remember you can also lose by investing sitting in your armchair at home. Remember Lehman Brothers, have we forgotten American Sub Prime and even squeaky clean Switzerland which Singapore often said it want to emulate, had to bail out UBS.
For those of us with less of course we want it to stretch further, especially our pension. Those with less will always think Malaysia, because it is the nearest and the one we think we know the most. Many of my friends in the last few years bypass Malaysia and instead invested in Thailand and now have sleepless nights.
Again my friend... its up to you to choose how to 'invest' your money. In Malaysia, Thailand, Philippines or anywhere else. I simply state that unlike Buffet, who could afford to bet $$$$ to win $$$$... Most of us can't afford to do so... for those who could, good for them... but there are some (including me) can't afford to risk it.
Scuba & Father... For Life
The MLY cops are quite idle in dealing with crime.
But when they actually do carry out an operation, it is totally no nonsense.
They spray the car which the robbers are sitting in, with machine gun fire killing all occupants.
There is no Hollywood crap like "Freeze - you have the right to remain silent ...blah..blah....."
It is a take no prisoners approach.
There was an attempted snatch robbery along Jalan Harimau by two robbers on a motorcycle.
Unfortunately for them, they did it just when the Crown Prince of Johor (now he is Sultan) was passing by in his vehicle entourage.
His body guards fired warning shots and the robbers panicked.
Because the JB robbers know the Crown Prince's body guards mean business.
No such thing as "they exercised maximum restraint".
No mucking around. They may be killed if they persist with the robbery.
One robber rode away on motor cycle, leaving the other robber stranded.
Last edited by ricohflex; 27th December 2013 at 09:51 PM.
Stock Exchange of Thailand degraded from the fifth best performing market in the world, to the eighth worst in the world.
Thanks to the power grabbing slug fest and non-stop riots.