bepgof

Ah Tee, if financial terms can be such easily comprehended in layman terms,there wouldn't be so many so-called "financial consultants" out there. http://www.smartloans.sg/pages/the-choice-between-sibor-and-sor-rates http://en.wikipedia.org/wiki/SIBOR http://smp-consulting.com.sg/smpc/latest/sibor/sor-historical-trends The rates fluctuation factors, "basically" and "technically" depend on: - Borrowers' creditibilty, lenders' abilities and willingness. - The "business operating conditions" of lenders and borrower. One of many examples, if got "war outbreak" at places where its business is operating at, it will sukar sukar up its prime rate at its discretion. Once prime rate is up, affect other rates liao... - Competition among each. - General market conditions - Political conditions.... That is why there needs a "middle man" in between the so many borrowers and lenders, who says: Let's agree on this and that, and all follow the "middle man"'s instruction. wow lau, to be frank, almost "every conditions", my explanation layman enough?

Didn't expect the disussion of mortgage loan interest rate trending invites such a fantastic insight into wealth of nations... If that's the case I shall express more, based on what I heard, discussed, feel and observation of what is happening...unavoidable would touch on religion, pls pardon me if feel irritating. Believed all of us know that the phrase "In God We Trust" is printed over the United States' coins and legal notes http://en.wikipedia.org/wiki/In_God_We_Trust http://www.taxfreegold.co.uk/ingoldwetrust.html "In God We Trust" was adopted as the official motto of the United States in 1956. What's the big deal of "In God We Trust" for a nation? What is the philosophy behind and its impacts for a nation? We all saw. As time moves on and stops for no ones. Americans' heart changed and swayed towards "In Gold We Trust". They started the games of your loss is my gains...oil, gas, territorie expansion... Till the recent, becomes "In Greed We Trust". Greed is good, they say, it is the motor that drives economic growth and human progress...We saw Lehman collapsed, subprime woes, QE1, QE2, currency depreciation (affects whole world)..... Next would-be? History tells our: when thing move to its extreme, it collapses, then rise of another, and the such repeats.

Precisely, he already foresees the rise of the East and the fall of the West. Singapore is the "gateway" between the 2. His daughter is learning mandarin. Leaders lead followers. Leaders usually have far vision.

Europe debt crisis caused Euro down, therefore USD up. Once USD up, interest rates up as well, a general rule of thumb. Too lengthy , as "long" as in the form of a text book of A4-size with one-inch thickness, to explain the inter-correlationship between those variables. If you want interests to remain low, pray the USD currency goes down lah.

天降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身........ Look far. God wants to "train" you to be different and specialises in this thus "temporary" "torture" you. Enjoy the "torturing" and become a great man in the coming. 把吃苦当吃补 - you are not far from success liao.

Dark environment usually associates with damp, stuffy air, deadly feeling.....100% fs related topic. Seem no one,thus far, "catch" your concern.... General tips: - Paint white/light color - Make more windows with transparent glass with curtain control/large doors, avoid dark color frame.... - Large wall mirror at strategic location. - Study wind flow pattern(pressure difference)between aisle/windows/doors. Avoid short circulation of airflow, make large/long passage for air to flow between....deep subject, can't cover here. - Ceiling fans of "long" diamenter, ie 60 inch, at different places. - Only white light, no yellow light to refect "true color" of objects within house. If possible: - Sell and move.

Pledge is like signing a blank cheque, anyone also can pledge. What important most is the credit rating of the States. If they do have have concrete plans and actions to bring the nation's deficit down over the long term, if credit rating down, interest will up.... S&P 2012 GDP ESTIMATES: China: 7.7%-8.2% Hong Kong: 2.5%-3.0% India: 6.8%-7.3% Indonesia: 6.0%-6.5% Japan: 1.5%-2.0% Korea: 2.8%-3.3% Malaysia: 4.4%-4.9% Singapore: 2.0%-2.5% Taiwan: 2.3%-2.8% Thailand: 3.5%-4.0% U.S.: 1.7% Eurozone: 0.4%

My apology to the 3 dear glamorous ladies for the late response, as i was just back from yearly year-end vacation from the communist country, precisely just 3 days ago. Head still a bit "gong gong", but no choice have to set priority to work first(I work like cow, not too sure abt today's young professionals - work smart party hard??), forum least, but not last. Truefully appreciate and will remember your kindest remarks and will try my very best to transform the "remember" into action and put in place in a constant and on-going manner. BY the way, must speak from bottom of heart - women are really difficult to be understood. Men see things through eyes, women "see" through her ears. X'mas, angmoh new year and cny are just round the corner within a month, my best wishes to all your holiday lah, shopping lah, partying lah, spring cleaning lah, etc etc.

Sorry, intended left blank.

MOF and MND jointly announced this must have already considered the EETA & USSFTA. Since the FTAs are bi-directional: they buy ours, we buy theirs lor. What abt the education fees? Same same?

Luckily I behave like Men, as I'm a man. If men behave like women, or the other way round, sure give rise to many problemse and BAD LUCK follows the whole life.

I professional shopper(buy acc to budgets allocation), don't look at price tags, only ask "how much" at cashier. Shopped items can be stored as long as a year or 2 then "use" it or give away as gifts. Do initial sourcing become a habit liao, only got things to buy then do "shopping", no "window shopping".

Avg $1,350 psf for L99. Bedok has very very limited "empty land" for dev, u say good or no good? Architpelago is having VVIP preview at 6pm today at bedok reservior(oppp blk 746),expected "some heat", because of the semi detach with strata title. 4 marketing agents. Floor plans just released last night. However, big $$$ storm is coming, get ready.

The euro crisis Could this be the plan? Nov 28th 2011, 15:48 by R.A. | WASHINGTON THERE is an inescapable sense thatthe euro zone is accelerating toward an uncertain and terrible end. Atthe Financial Times, Wolfgang Münchau writesthatthe euro zone has but days to save itself. At Bloomberg, Peter Boone andSimon Johnson saythat the beginning ofthe single currency's end is upon us. And of course,The Economistcontinuesto warn of the risingpossibility of a break-up, and explains howone might occur, in thelatest print edition. Everywhere one looks, there are portents of doom. Except,that is, in the markets. Equities are soaring today, perhaps as a resultof technical factors like short-covering but perhaps, some suggest, onhopes that the euro zone is finally rising to the challenge facing it.From whence cometh this hope? Markets appear to see the prospectof salvation in reports of a new policyapproach from AngelaMerkel and Nicolas Sarkozy. The two are said to be putting together a frameworkfor a rapid move toward greater fiscal integration. Such a plan would likelyentail oversight of member-state budgetsanda corresponding loss of sovereigntywiththe understanding that such ties would facilitate the way toward sovereignrisk-sharing, as through euro bonds. The prospect of fiscal submissionto the will of the euro zone's big powers is unlikely to appeal to peripheralcountries, but many have already accepted some degree of oversight in exchangefor emergency assistance, and the alternatives are likely to be far worse.To get around the need to go through a lengthy and uncertain treaty-changeprocedure, the plan may be drawn up along the lines of the Schengen agreementon geographic mobility. Countries may be able to sign on on a voluntarybasis; it will not be an all or nothing approach. Given the scale of thecurrent debt crisis, mutualisation of fiscal responsibilities won't fixthe mess. The main hope for the plan is clearly that a major step towardbetter fiscal institutions will encourage the European Central Bank tosubstantially step up its intervention in bond markets. The approach has several of theingredients necessary to resolve the crisis, and it isn't crazy to thinkthat it might represent the beginnings of a workable end-game. Yet significantquestion markets remain. One concerns timing. The euro-zone crisis is gallopingforward. Can enough euro-zone governments arrive at an agreement beforecritical thresholds are reached? Can and will the ECB hold the single currencytogether for long enough? Then of course, there are the peskydetails. One supposes that peripheral economies may bite the bullet andsign on. To what, however, are Germany and France actually willing to agree?And Finland and the Netherlands? Is this actually going to be fiscal integrationwith bite? Even if one assumes that the relevant parties are prepared tothrow themselves headlong into true fiscal integration, will that convincethe ECB to dramatically increase its interventions? Hang-ups about fiscalinstitutions aren't the only thing deterring the central bank from broaderaction, remember; Bundesbank officials are also worried about the statutorylimits on the ECB's behaviour. Without explicit orders from governmentsto act as lender-of-last-resort, the ECB may keep its role limited. It also seems like greater levelsof bond purchases aren't enough to save the situation. The ECB has beenbuying large amounts of debt, to little avail. Markets are looking forguarantees. Without an explicit promise from the ECB that it will standbehind member-state debt, markets will continue to take ECB buying as littlemore than an opportunity to dump risky bonds. A lot of moving parts haveto move in just the right way for a plan like this to work. Meanwhile, the backdrop againstwhich this drama is taking place is growing ever more foreboding. The OECDdeclaredtodaythat the euro zone is likely in recession. Its latestprojections for growthin 2012 are truly dismalandprobably overoptimistic. Real output may contract in France and Germanyover the next year. Italy and Spain also face recession, and Portugal andGreece are looking at very deep contractions. Moody's warnedtoday that all of Europe'ssovereign ratings are at risk and that multiple defaults can't be ruledout. It is seen as goodnews that in an auctionof 10-year debt this morning, Belgian yields rose to just 5.7%. Hope is not yet dead. But marketswill soon turn sceptical again as they wait for details to materialise.Unless euro-zone leaders can deliver the goods and fast, it won't be longmeredays, perhapsbeforepanic is once again ripping the single currency apart. http://www.ft.com/home/uk http://www.bloomberg.com/news/2011-11-28/the-euro-area-is-coming-to-an-end-peter-boone-and-simon-johnson.html http://www.economist.com/node/21540255 http://online.wsj.com/article/SB10001424052970203802204577064573943069702.html

A bit religious content here, unavoiable, sorry, please read on. 1956, "In God We Trust" - Nation blooms into blossom. http://en.wikipedia.org/wiki/In_God_We_Trust "In Gold We Trust" - ulf Wars, 911, terrorism "In Greed We Trust" - collapse of Lehman Brothers, sub-prime crisis..... http://en.wikipedia.org/wiki/Subprime_lending http://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers NY protest, the ball will get bigger, we shall see.

Believed we're of same age group, from 1960s. Young ones no longer fancy of BG, Teng.....Now already 2010s, 5 x 10 yrs like a blink of eye. Nothings are absolute. Quite right, "long/short" not really matter for the "whole time", but (I don't like using this word, it has same meaning as however, nevertheless....)at times, it really really matters. Experience is a good teacher. Like the bk of change says, the whole universal is all abt "change", from UP goes DOWN then UP again, minor yang to major yang to minor ying to major ying and minor yang, Repeat and repeat. One must "see through" this law, as to have ease at all situations. In other words, one is "freed" and able to "zoom in" and "zoom out" at all situations. Before seeing through phase, sure need to have "experienced through" first follow by "thought through". No experience = no thought, therefore no "see". Logical? Can blogging make money? In China history, from 1900(八国联军) till 1912(collaspe of imperial)to 1945(rise of communism) till today, how many "10 years" has gone?. What will be the next, say 2 x "10years"? Today Japan, Europe, and US's fall always remind me of (八国联军)日本、美国、奥匈帝国、英国、法国、德国、意大利及俄国. http://baike.baidu.com/view/8712.htm. You should ask would they "rise" again - it is related to the thread. From Before Christ 935's Prophet Iddo to present's Anno Domini 2011 ( Sorry, I'm a christian, could be really a frog in the well)- History is repeating itself, of course, with different characters in the PLAY. However, the "mastermind" remains the same, He has revealed through His words - Bible. Heaven and earth shall pass away: but my words shall not pass away, Mark 13:31.

4/2/2012 onward will be a 壬辰 year = north/yang/Water, central/yang/Earth year. What/how do these "attributes" signify to one's bazi? Do you understand 天干相合, 天干相剋, 地支六合, 地支三合, 地支三会, 地支相冲,地支相刑, 地支相害, 地支相破,......blah blah blah.... "How long" have u been in equity market? I "onboard" the bumpy ship since 1992, now still "onboard", see no land yet. Age 20-35 usually, they don't really follow daily domestic/global econ performance. Esp when they are "not interest" in stock/equity mkt. Really "jialuck" this time, stormy months ahead. The PIIGS like that, now the F & G kena "pull into the deep water"...USD temp bounce back to 1.31SGD: 1USD. China herself in 10th yr's lowest GDP with high cpi, still "promised" to up the RMB. Centre gov started looking and pump hugh $$$ into domestic projects hope to maintain employment rate while remain the cpi.... Now Greece, Egqyt, Portugal...strikes and unrest, NY kena also....the "wind" is in the forming. Singapore's "econ models sails" have changed directions from west to east. Now the west also look to east. Ah chek here also very concerns over my "stucked" $$$ in the stock mkt, should i chop limbs to cut "lossess", or wait a bit further to "recover" back some $$$. "Old bird" like me also ask these kinds of Qs, so....better don't ask any more...get the cash back is first priority.

Don't like that le, today is thankgiving day, tmr is black friday. Shopping mood is on the air at every corner.....

Don't like that lah, all work and no play make jack a dull boy. Just intended to make this forum more lively, not intended to "shoot" ppls here and there. Sorry huh!

Tao Zhu Gong's original business 10 "DOs", later ppls developed 12 Dos and don'ts, then 18 D & d......make those who study became very jialuck and shiong. NTU also conduct this course le. Kiwi ah Di will say ah chek, now we are in different Era! Great grandfather's idiom - 把吃苦当吃补, become now young working profession's 只知吃补不吃苦.Work smart, party hard no more working hard, tio bo kiwi?

Indeed long and winding, so let it be.

U'll know tmr and the days after. One thing sure, buyers buy. >500 ppls in the Q last night. >16yo. 13-15yr can't "work" after 11pm.