bepgof

Using own cash, some time , could be more expensive than by borrowing from banks. Singapore Power is "cash cow", has constant inflow of cash from Giros, why they issue debt to raise capital? Apple has 90 Billions of CASH on hand, why it NEVER issue dividend to its stakeholders? Tim Cook is now very headache with "too much cash" on hand. Finance Joke: Value of co= cash flow/cost of capital more cash, less cost increases co's worth. CEO manages cash flow (bring business in) CFO responsible for sources of cheapest cost of capital So, value of company = CEO/CFO !

Take this opportunity to highlight a few facts w.r.t "interest" from finance perspective, believed many layman not aware: 1. Credit card, 24% p.a, interest is DAILY compounding. The p.a = per annuum, is very misleading. It is actually the "nominal rate". 2. Saving account, 1% p.a., interest is actually MONTHLY compounding. Again, misleading..... 3. FD, 2% p.a, interest is YEARLY compounding. This is CORRECT. The interest will be added after a period of one year. So, to deal with these: daily, monthly, semi-yearly compounding interest methology, one need to "convert" them to "effective interest rate". The one uses in FD application, so allow an individual to make comparison of "interests" that have been bought to the "same base", so to make wise decision. But banks always like to confuse layman. Formular: Eff Rate = 1-[1+ (r/m)]to the power of m. r= nominal interest rate, other than yearly compounding, eg credit card = 24%=0.24, saving = 1%=0.01..... m=the number of compounding period, eg daily=365, monthly=12, semi-annual = 6.... Examples: 1. Credit card: eff rate = 1-[1+(0.24/365)] to the power of 365 = 0.2711 = 27.11% pa compound annually Previously examply: 1st yr: $18573.7 x (1+ 0.2711)= $23609 2nd yr: $23,609 x (1+0.2711) = $30,009! 2. Saving: Eff rate = 1-[1+(0.01/12)] to the power of 12 = 0.01004 = 1.004% p.a compound annually 3. FD : Eff rate remain at 2%p.a compound annually. Clear?

OMG! Presently interest rate in singapore=24% pa. Don't be kena conned! The interest rate is DAILY compounded! Don't understand? Let me show you the maths: Formular: FV=PV(1+r)to the power of "n" FV=future value = 30,000 PV=present value = ??? r= interest rate = 24% = 0.24/365 (cos daily compounded) n= 2 x 365 = 730 30000=PV(1+0.000657)to the power of 730 PV= $18,573.7 This means 2 yrs ago, you only owe bank $18,573. Now, 2 yrs later, u need to pay $30,000 Clear? Licensed AH Long!

Now buyer & seller in gelling condition-"half fight" for hdb resale. Demand is on the decreasing, however sellers also no hurry to sell except those "upgraders" when their new condos are "ready" ~ expected this "effect" would be obvious ~ 2013. Generally, -Youngsters want "new", they have time can wait, insufficient $$$. 8K ceiling held for some 16-17 years, intended? for? -Old timers prefer "existing", they have $$$, no time, bankloan an issue (75-....)reap rental quick. New supply(Btos, ec, condo)"too much", buyers(esp old timer like me)100% won't buy NOW, super high risk. Prefer to keep in stock mkt to earn high dividend for those stocks which have "tall" bell-curve but narrow left and right standard deviation, eg uob, ocbc, singtel, sing power...even time bad the price won't drop much, even drop can hold or buy somemore to breakeven. Watch out for CPI, manufacturing sector (super sensitive to USA, Europe crisis), unemployment rate or "retrenchment" news - I guess press has been invited for "tea" to "suppress" this, look out from "on line" sources. Singapore has only "human" - retrenchment has the econimic multipler effects, desperador knows very well.

The "small bull run" will be over pretty soon, after the Jan's capricon effect and the gov budget announcement. Basically, there will be no good "stimulating" news to drive the market, may be until Aug, national day? Bad news sure to come soon. Standby. Failing to prepare is preparing to fail.

Should ask Apple's Tim Cook this question. He is in charge of USD90 billions! cash!

May be u havn't reached this stage....so did not ask yourself these Qs: - children want to stay with u when "their time're up"? - House become too big & too empty, how? Really "enjoy"? - Sell & buy smaller? "Buyer market" is in the forming! Reality tells when such conditions come, then nobody want to buy. Everybody likes to follow the crowd, hope you can be the one facing the crowd. The "desperador" now selectively closing gate, "green shoots" everywhere, GLS one after another, MRT lines dig & dig, bus engines "noise" since morning till next morning, GDP up, CPI also up. Sat's paper see condo advertisement almost every page.....don't tell me you NEVER sense somethings are going "wrong"? Last time ask for big expediture items say "no budget", now you never ask, "desperador" automatic allocate to you, scare or not? Hold, hold, hold. My last advise.

Where got sacastic, selective...again. Everyone everyday every moment does selective seeing, hearing, thinking, filtering, reasoning, tiobo?

Failing to prepare is preparing to fail. Get yr teeth ready hahaha.

Bro, should learn from Apple's Steve Job who had increased the worth of Co WITHOUT issuing a cent of dividend over the years. Look at the amount of CASH Apples is holding. Tim Cook is facing the problem "how to use the CASH". Too much cash is his nightmare!. http://www.appleinsider.com/articles/11/07/28/apples_76b_in_cash_reserves_surpass_us_government_operating_balance/ http://www.intomobile.com/2012/01/28/infographic-apples-cash-explained/ Build your reserve lah, then can call the shot.

A case study below, see how the businessman makes $$$: http://www.renotalk.com/forum/index.php?showtopic=12300&view=findpost&p=685972

A company always deals with 3 decisions: 1. ID: Investment decision: What to buy to make more money. 2. FD: Finance decision: Which funds to use to minimise the costs of borrowing 3. WCD: Working capital decision: What to do with the $, declare as dividend or re-invest? Associated with ID. So, mathermatically, value of company = ID/FD = cf/k ID=cash flow = handles by CEO FD=lowest possible operating cost= handles by CFO Role of CEO is to make sure to increase cf as large as possible. Role of CFO is to make sure to reduce k to as low as possible. Thus, V= CEO/CFO for a company! What abour the value of an household? V= Husband/Wife ! Children are assets! which generate cash inflow in due time!

In maintenance aspects - the older the more "expensive" to maintain. Common facilities breakdown half way. This leaks that cracks. No spare parts. Mechanical & building systems of pty are of great concerns, not to mention electrical/electronic/aircon systems. Personal status quo, self image??.

Here comes my thoughts: - Authoritative stylist took no advises from W and M, insisted on Harvard school's mathermatic calculation model: bulit compensation package ties with GDP, but why not CPI. So increase GDP to pocket tax payers' $ into own pocket. CPI increase is your business. - Ah W open the gate big big. Ah M stopped build HDB. Indirectly being forced to prove Harvard school's theory on the "invisible hand" function. - Ah L could not handle Sars, Ah K took over. Made medical fee transparent then made it non transparent again, for fun??? Also last minute realised the beds not enough. - Harvard follower started sensed "something wrong", apologised again, again and again. However the fire already reached the door step. Unwanted water also suddenly came without signal. - Now, Ah K said DBSS enough is enough, URA & HDB's GLS like free falling. Developers start to scare. BTOs like green shoots apearing everywhere.800 buses on the road within 5 yrs. COE (<1600cc) goes to $57K. China-made trains too heavy, tracks cannot tahan, current collectors gave way and trains put back by using "cable ties". Last time no budget, now MRT lines works everywhere. - Peter Lim + Mr. Ng, + school principals + ah Y. What do all these indicate? - "inclusive budget" favour senior. Don't happy too soon, heard "retiree village" is now being push hard to "go". FT now being limited. - Look at the self-declared Asia's safest bank, $ kena being taken out from ATMs like nobody's business. The more I look the more I scare. Used to be first studied other countries' models then "copy" the "good" ones. Now, look like "trial and error" systems being adopted. Bro, hold yr $ for a year or 2 first (don't keep with asia's safest bank). Thoughts/comments pls.

You are the master who decides the fate of the maid, now the other way round. Yr sequence of life must have been "reversed". Re-prioritise your tasks, shift your focus from "How" to "What", get a work/life balance concept in mind, things will get "auto=pilted" with such "good habit" being practised daily. When things are "within ones' control", exercise your judgement/action properly and wait for fruition. Don't take for granted, otherwise things will "bite" back. When things are "outside ones' control", try yr best to make it within your control/influence. How? By practising good habits. What are good habits? WHAT do u regard as good habits? Just name a few to share share, can?

"more or less" follow experts' advise: http://www.spark.org.sg/help.html It is always a "curse & blessing" for having ADD child. Restless, short duration of focus, impulsive behaviours....on the personal front, expose ADD kids to: - light music - reading,egin from their area of interest - calligraphy - deep breathing, etc etc...i,e,"soft" environment Avoid them from activities: - drum beating - Shouting/running...ie"hard" environment. Don't to be too conclusive....children are bornt to be active in the first place, at about P3 they should be sort of "settle" down.

What makes one "wang" the other spouse ? Right bazi? Love? Right "compatibilities"? Give in to each other? What makes one breaks the other spouse? No love? Hatred? Revenge? comm break down? Better 3rd party? No committment initially?

Post at "wrong" place, don't worry, here come the replies: 1. All $$$ transaction only at 2nd appointment. 2. Option fee(1K) & option exercise fee(4k) are CASH, constitute to part of COV. 3. "Usually" at end of 2nd appointment when agent's service deems complete. Don't pay agent at any time earlier than 2nd appt, u should know why by now. Seem like u not familiar with rules of the game, very dangerous lai. Underground bombs everywhere, u might pay one hand or one leg to learn the game.

Why donated 2K like that?

You seem enjoy doing SELECTIVE reading, seeing, thinking, interpreting, decision making......and make assumptions and act complicating......simple thing becomes complicated. Fourth home does not mean holding 4 houses concurrently. Simple doesn't mean easy.

The on-grid photovoltaic system (or called PV + on-grid inverter) is getting more popular. Power One. http://www.power-one.com/renewable-energy AEG Power Solution...http://www.aegps.com/en/company/worldwide-presence/ are the "leaders" on this in Singapore, some experimental trials in Ponggol, Jurong. The system "sell" power to Sing Power by meter registering, without DC battery support. At night or dark day time, owners "buy" power from sing power like you & me. The "problem" now lies with the "metering" and the reliability of switching from one source to another and back & forth....might cause power surge/glitch/trip, etc.

$$$ drive men crazy. Using "future money" by borrowing for intention to increase(really increase or decrease no one can tell)present wealth or to satisfy material needs, make me wonder the "worth" in the context of equity loan. To be qualified for such loan, one must have a pte pty as collateral, irregardless the pty is under financing or has been redeemed in full. Just "throw" some mathermatical calculations and thoughts for forumers to think in deep before action: 1. EQ Loan( called "ordinary annunity" in financial term)amount granted=$200,000= PV (present value) 2. Interest p.a (thought mention here is Per Annum, actually the interest on the outstanding amount is MONTHLY compounded)= 2%=r, effective "r" is = 2%/12= 0.00167 3. Tenure = 10 years=n= 10x 12= 120 monthly instalments. 4. What is the monthly instalment amount(PMT), and the interest (in $$$ form)payable Formular: PV= PMT[{1-(1+r)to the power of -n}/r] PMT =$1,840.27 (Monthly) Interest on outstanding amount = $333 (Monthly) Thoughts: A. If you were to use this $200,000 to buy a car (use future $$$ to enjoy present material needs), then beside each month paying $1840.27 to BANK A , Assume car loan=200,000, for 7yr (84 instalement), flat interest rate = 3% Formular: [(loan amout*r*yr)+loan amount]/total no of instalment = MONTHLY PAYMENT OF $2880.95 to BANK B So, total $4,721 (forget abt those after decimal)payable, EVERY MONTH! B. If you were to use this $200,000 to "invest" in stocks, make sure that MONTHLY you can 1. Make $333 (interest payment, to be more practical it is called you "work" for free for bank by paying this amount) 2. On top of that your working capital($200,000) will be reducing each month, say you just can "make" that $333 from stk mkt each month. Working capital from second month will be 200,000- (1840-333) = $197,827. If this situation carries on for 12 months(stk get "stuck" like I do). Working capital = 20,000 - [12x(1840-333)] = $181,916! This is based on the assumption that one has some "reserve" on hand, beside this $200,000, just to pay the monthly instalment. What do you think? For discussion the "pitfall" and "worth" to engage such loan to purchase car or buy stocks or buy pty?

Maid and children issues are "chicken feet", or " a pc of cake". I have "cooked" the "feet" and ate the "cake" many many yrs ago liao, where got what + or - excitement? My heart now regulates blood flows pretty consistently, under all situations. Only through years of " excitement practice" can attain today's consistent blood flow.

This is a typical display of "low level of acceptance of diversities". To grow modern & global, one must "learn" to tolerate and accept then "dance" together. Remember the curry curry night episode? Not to stereotype any (stereotyping no good meh?)usually youngsters like to group themselves together and "expel" "outsiders", they put "identity" or "icon" on themselves and like to compete ONLY among peers. Anything they view as "beoy song" then complain follow... Singaporeans view themselves as "superior" than their surrounding counter parts. Same like the angmoh look upon themselves "very up" when they came to asia. Anyway, that has became a "once upon a time" museum display "exhibit". They are coming here to make a living now. They know pretty well what is "cannot beat them, join them", they know the "cherry picking" strategy = chinese call "no prawn fish also can". Let nature take its course. Cool down, this is a learning process, they will learn one day.

"Completion of reinforced concrete framework of unit" - the 2nd 10% of the remaining 80% outstanding has just 2 wk ago disbursed. Good question to right person. Decision of having feeling of excitement of owning 1st home is costly and has caused my "further education dream" delayed for some 19 yrs. 12 Jan 2012 starts the journey of fulfilling this long-existed dream that would take 2 yrs -challenging, exciting and frightening(writing academic essay)(long long time have no such feeling liao). Men plan future and see big picture, women prefer "memory rewind" and emphasize details. The 4th home is the result of "future planning" and seeing "big picture". Franklying speaking, to me, only little excitement or no excitement, if were to say. The 1st home was really excited - plastering the walls till forgot time ended sleeping with cardboard overnight. I repeat this unforgettable event whenever got new home, just to recall the excitement memory. How many of you understand such?