In 1900, the Eight-Nation Alliance invaded China and plundered it. Prior to that in 1884, the corrupted Qing Dynasty which ruled China at that time and led by Empress Dowager Cixi, spent a huge sum of money on reconstructing and…
Singapore recently conducted an operation involving more than 400 police officers and arrested 10 people suspected in money laundering. The cash and assets confiscated are worth about 1 billion SGD (approx 736 million USD). This piece of news shocked many…
Ever society is made up of a pyramid-shaped structure – be it power or money. The masses are at the bottom, while the few at the top control most of the society’s power and wealth. If resources are allocated equally,…
This will be the last article on property for this period, having written a series on rental, 1 article on capital appreciation and even side-tracked 1 article on fengshui. Today we will zoom out further on the economy. While no…
In our previous series we talked about rental play in the residential property market. But at the same time we also saw that there are limitations, especially if one is not rich enough to get a second house nor have…
In the first article we talked about the overall big picture when choosing the location of a house, such as which general area we should choose by looking at the zoning and plans of the government’s city planning agency. In…
Continuing from the first article, where we talked about choosing the right locations, today we will deal with the hated numbers. Numbers are important because first it determines the risk we are taking, second the time to breakeven and thirdly…
Despite the different types of property available, the residential property market is the favourite among the masses for those looking to enter the rental game. Previously I had touched on the non-financial considerations when buying a house as well as…
There has been many articles and memes, complains and frustrations about why our current generation could not save up enough money either for a house or just simply to live decently. The most common one being things become too ridiculously…
Warren Buffett made news again for increasing his stake in 5 trading houses, namely Mitsubishi Corp, Mitsui & Co, Itochu Corp, Marubeni Corp and Sumitomo Corp. These 5 companies are Japan’s five largest trading companies which deal with a wide…
Big monies are disgusting. They play on double standards, and if they fail, there is always the governments to bail them out. They can manipulate the market, they can do insider trading, they can use their insanely huge financial power…
I have friends who just want a simple life. They are not aiming for financial freedom, neither are they financially-savvy. They do not know and they are not interested about the big things of the world – the economics, the…