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Financial BLR Increase 2014?, Base Lending Rate.

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ManutdGiggs
post Jan 18 2014, 07:25 AM

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QUOTE(jolokia @ Jan 16 2014, 10:10 PM)
Our ringgit is badly devalued now, Singadollar already at 2.6 if nothing been done late 90's will revisit,  if currency keep only falling many investors will cabut.

BLR is definitely expect to increase,  just matter of time.

BTW no need yi lou mai lou, jual minyak, we wasn't born yesterday, we know what happened in late 90's.
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Sgd 2.6. Hav u make a move??? In fact I did. Anytime is a gd time to buy currency. I started bout 10 yrs ago. So I'm pretty happy to hav sgd even at 3.5. Huat ar. icon_rolleyes.gif

Btw, anytime is a gd time to buy prop too. I started 20yrs ago. Tats y I ll b happy if prop hav another round of boom. BLR increase??? Np la. More than half of the props r settled with rental >10% on cost price. Best 1 slightly >20%. New 1 of cos not so high but it's taken care of by rental in the whole portfolio. brows.gif

Bro, no need to b afraid of Econ up or down. Trust urself, do it ur way. U ll feel beta if u dun think too much. nod.gif

And tat doesn't mean u can do silly thingy la. laugh.gif


ManutdGiggs
post Jan 18 2014, 11:00 PM

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QUOTE(TOMEI-R @ Jan 18 2014, 07:13 PM)
20 years ago is a good time to buy property. U made the right move and you are earning the rewards from it. But the issue here now is, is it the right time to buy now when it is in skyrocket high prices. Would you buy the same property that you own now at the price you planned to sell now (in a situation when you don't own the property and is just earming just enough to feed your family).

Are you sure we need not be afraid whether the economy goes up or down? Are you in business? If economy suffers, so will your business. If economy is bad, who would be able to afford to buy or even rent from you? Would you be rather keeping your unit empty while generating no income?

There a a lot if implications from the economy . A lot of people would suffer when it goes down. Think again.
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Boss to answer some of ur Q, yes I ll stil buy props similar to my previous purchase 20 yrs ago. In fact I did for the factory next to my biz add and tat answered ur next Q. Econ down not necessarily put u on grd if u r well prepared. Biz slowdown is a norm as I have been thru 97, 02, 07. Biz itself went thru even 84. So gd or bad u need to overcome. And actually u learn to defend it after every crisis. If one is not ready for it, the onli word to tell is sorry.

I'm practising buying props every now n then. It might not b accurate to follow my pov of buying even during bad time but it does proved a bargain buy for 3 of my 97 purchase n 2 of my 07 purchase. Hard to get loan but higher down payment does help. In fact with lower down payment now u ll find it scary to service the installments cos the figures r much higher and if u look carefully the interest part is not encouraging. So advance payment is a must with discipline to make sure the tenure is shorten. Tats my 2 cents.

ManutdGiggs
post Jan 21 2014, 06:43 AM

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QUOTE(Actchan @ Jan 21 2014, 01:00 AM)


No offence in all time , I'm personally thinking of the top5 property talk ddd campers in this forum , actually is the 1 who going to flip the most -.-a
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It's so true and the fact is some nicks r fr the same person. U can c lotsa old timers with new nicks here arguing the same old topics. brows.gif
ManutdGiggs
post Jul 17 2014, 11:28 PM

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Bro, with ur 4k+ posts, 12 posts a day, but stil undecided after so much analysis???

At least narrow down to few options n start to focus on the pros n cons of those options ma. If u can spend less time condemning the market, u might oledi find a way with ur targets.

No worries, there is stil 14 mths b4 Q4 2015. I can go hav Kopi susu with u n gai gai. Just buzz me on tat. icon_rolleyes.gif
ManutdGiggs
post Jul 20 2014, 02:35 PM

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Tomolo great chansi to make big moolah in klci.

It's all depend on how u wanna live ur life lo. Whining is a waste of time
ManutdGiggs
post Jul 21 2014, 01:03 AM

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QUOTE(bearbearwong @ Jul 20 2014, 09:34 PM)
drop 20 -30 points not more than 100 points.. now KLCI 1900 points, long way to drop till 800 points..
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Boss trading in stock tak yah tunggu crash la. Buy sell enuf to get pocket moolah Liao.

When crash it's time to pick up gd counters tat pay gd div in long run.

When u r waiting for 800, some counters oledi paying my luwak Liao la. I dun mind to share the luwak. When do u think u can giv facey to me. blush.gif

 

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