SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
The only way is up!
The only way is up!
Call me crazy or maybe a little too optimistic, but i feel that recession may have become too overrated by now.
Doom and gloom, yada yada...so we're already at the rock bottom, shit has hit the fan and everyone has festering warts growing on their money which no body wishes to touch.
I believe that the only way is up from now on, no point whining about the past, lets get out of that frame on mind and be positive.
In this period, what opportunities would be a good direction to take?
Investments/business etc. lets discuss it.
Doom and gloom, yada yada...so we're already at the rock bottom, shit has hit the fan and everyone has festering warts growing on their money which no body wishes to touch.
I believe that the only way is up from now on, no point whining about the past, lets get out of that frame on mind and be positive.
In this period, what opportunities would be a good direction to take?
Investments/business etc. lets discuss it.
http://bodyblitz.sg - A new era of fitness.
- sundaymorningstaple
- Moderator
- Posts: 39994
- Joined: Thu, 11 Nov 2004 1:26 pm
- Location: Retired on the Little Red Dot
While I appreciate the value of a positive outlook, I don't think there is a bottom at which point everything will get better. The credit crisis is not fully unravelled so more pain to come. Look for the jobless rate to skyrocket now as large companies start to consolidate, seeking profit from eliminating redunancy while increasing market presence. The drug industry has already started; airlines, car manufacturers, electronics, etc will follow. Big MNC's can snap up competitors at a bargain right now, tens of thousands will be left without jobs in these buyouts due to redudancy.
Pfizer is buying Wyeth, close to 10,000 people will lose jobs in that transaction alone. Look for Merck to follow suit with another round of acquistitions.
As for opportunities, think green and be an innovator, or look for others that are doing it and buy in!
Pfizer is buying Wyeth, close to 10,000 people will lose jobs in that transaction alone. Look for Merck to follow suit with another round of acquistitions.
As for opportunities, think green and be an innovator, or look for others that are doing it and buy in!
Pakjohn
markets will recover before the real economy does. it has and will be repeated
but were looking at an L shaped recovery.
invest in commodities and any company who's earnings potential has not been impaired. but mind you they will not be back to their former prices. the mania reached before will never return not for a very long time.
but were looking at an L shaped recovery.
invest in commodities and any company who's earnings potential has not been impaired. but mind you they will not be back to their former prices. the mania reached before will never return not for a very long time.
Well there are simple services/items that people will still need, maybe something that the expats community would appreciate.
Not saying that it'll be the next big thing to earn you your first million but rather small steps just to get by, a secondary source of income or a potential seed that will sprout later on after all the gloom is over and the sun comes out of the clouds.
Not saying that it'll be the next big thing to earn you your first million but rather small steps just to get by, a secondary source of income or a potential seed that will sprout later on after all the gloom is over and the sun comes out of the clouds.
http://bodyblitz.sg - A new era of fitness.
-
- Newbie
- Posts: 5
- Joined: Wed, 28 Jan 2009 2:09 am
- Location: London
They have got to be global, the domino effect works that way, and major banks like Barcleys have yet to declare their losses, the impact on the finance sector of Singapore will be hit like a shock wave from hell.simonmobiledisco wrote:Pakjohn: were you statements Sing centric or a global?
Another 6 months at least before the bottonm is reached, and it is quite obvious, if you look at the impact of various effects from war, 9/11 and oil over the past. That the markets are being artificially pumped, in my opinion, the next couple of months will see a drastic fall, I am expecting the TSE for example to end up around 3500 , based on past experience, a lot of consolidation will take place.
My comments were meant to reflect the global situation; I really don't know enough about Singapore economics to offer an opinion for local forecast. As for investing, I'd buy commodities for the longer term and ignore the peaks and valleys you'll see for the next 18 months or so. But, I'm a little risk adverse, being an old guy and all.Pakjohn: were you statements Sing centric or a global?

Pakjohn
we learn from the past, there is bound to be a bottompakjohn wrote:While I appreciate the value of a positive outlook, I don't think there is a bottom at which point everything will get better.
i have been busy adding a lot of stocks into my portfolio from the past few months
Guides and information -> Singapore Stocks
Ouch! Let's hope they can ride the waves, I'm expecting a big drop this year from my own research, although most of my portfolio is in Taiwan, the market is far too high, in comparison to the main shocks since 2000, I'm really expecting the Taiex to come down to 3500 before i consider buying in, but that's only based on past troubles. I could well be wrong but my gut say's let Barcleys bank UK report their losses before buying anything more. Although you will be able to make something on the rebounds, I'm sure and there will be many to come. But be careful of companies folding and consolidations.MikeDirnt wrote:we learn from the past, there is bound to be a bottompakjohn wrote:While I appreciate the value of a positive outlook, I don't think there is a bottom at which point everything will get better.
i have been busy adding a lot of stocks into my portfolio from the past few months
STI fell to 805 (!) in 1999, and climbed back to 2500 by the end of 2000. Anybody with the guts to invest thus got his money back in triplicate.-jt- wrote:invest in commodities and any company who's earnings potential has not been impaired. but mind you they will not be back to their former prices. the mania reached before will never return not for a very long time.
STI was almost 4000 in late 2007, and is 1800 now. I wouldn't bet on seeing 5000 anytime soon, but it'll be back up above 3000 in a few years' time...
Vaguely heretical thoughts on travel technology at Gyrovague
-
- Newbie
- Posts: 6
- Joined: Sat, 22 Nov 2008 8:02 am
- Location: Upp East Coast
- sundaymorningstaple
- Moderator
- Posts: 39994
- Joined: Thu, 11 Nov 2004 1:26 pm
- Location: Retired on the Little Red Dot
I am curious. On what previous data are you basing your assumption? See there has been nothing global like this since 1929?kwekjustin wrote:had it already hit rock bottom?? guess in another 6mths time then we will see rock bottom. then its time to get 'blue'!
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Is Malaysian only allowed to stay in Singapore for 60 days on 90 calendar days?
by jzlee911 » Tue, 04 Sep 2018 10:57 am » in PR, Citizenship, Passes & Visas for Foreigners - 0 Replies
- 2225 Views
-
Last post by jzlee911
Tue, 04 Sep 2018 10:57 am
-
-
- 0 Replies
- 2018 Views
-
Last post by Pansillix
Sun, 18 Nov 2018 11:12 am
-
-
Freelancing from sg with foreign entities only
by Graphic design Mike » Wed, 16 Jan 2019 11:05 am » in Business in Singapore - 32 Replies
- 14401 Views
-
Last post by Myasis Dragon
Fri, 10 Jun 2022 1:21 am
-
-
-
Can you get an EP with commission pay only
by sasaforever6 » Sun, 10 Mar 2019 10:48 am » in Careers & Jobs in Singapore - 2 Replies
- 1593 Views
-
Last post by Strong Eagle
Mon, 11 Mar 2019 1:11 am
-
-
-
Repatriation cost: only for foreign worker or his family too?
by gra_k » Thu, 09 May 2019 6:10 pm » in Relocating, Moving to Singapore - 5 Replies
- 4210 Views
-
Last post by sundaymorningstaple
Fri, 10 May 2019 2:36 pm
-
Who is online
Users browsing this forum: No registered users and 3 guests