tag:blogger.com,1999:blog-5588369716841784334.post7439068974773894932..comments2024-02-20T09:19:46.241+08:00Comments on Living Healthy, Staying Wealthy: CCL Fully OpensLauhttp://www.blogger.com/profile/03157935468710678247noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5588369716841784334.post-26814753280229978712011-10-11T18:13:58.222+08:002011-10-11T18:13:58.222+08:00Hi Lau
5 to 10 years is actually quite a long ti...Hi Lau <br /><br />5 to 10 years is actually quite a long time so unlikely our economy will go up, up and up. <br />1987 black Monday<br />1998 Asian economic crisis<br />2008-9 sub prime<br />so it appears that one heavy downturn comes every 5 to 10 yearsfinancialraynoreply@blogger.comtag:blogger.com,1999:blog-5588369716841784334.post-55119720058171994082011-10-11T15:37:18.714+08:002011-10-11T15:37:18.714+08:00LP,
I was careful to use revenue n not profits.
An...LP,<br />I was careful to use revenue n not profits.<br />Anyway. That is quite true. So we can expect more rounds of fare increases to subsidize operating cost.Lauhttps://www.blogger.com/profile/03157935468710678247noreply@blogger.comtag:blogger.com,1999:blog-5588369716841784334.post-67539869803995937602011-10-11T15:35:34.394+08:002011-10-11T15:35:34.394+08:00FR,
Wow. Guaranteed to come. That's a bold sta...FR,<br />Wow. Guaranteed to come. That's a bold statement.<br />And 5-10 years.. That's a long wait. What to invest in the mean time? Leaving in cash erodes due to sky high inflation.Lauhttps://www.blogger.com/profile/03157935468710678247noreply@blogger.comtag:blogger.com,1999:blog-5588369716841784334.post-17990244111474437932011-10-11T14:15:35.032+08:002011-10-11T14:15:35.032+08:00Hi,
Don't think it's correct that transpo...Hi,<br /><br />Don't think it's correct that transport companies will earn more by increasing the fare. Most likely whichever company running the circle line (sbs iirc) will be losing more because of increased running cost. Revenues may bit translate into profits for them.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-5588369716841784334.post-29555417260154717912011-10-11T12:14:26.766+08:002011-10-11T12:14:26.766+08:00Hmmm Lau,
Even if I have holding power ie lots o...Hmmm Lau, <br /><br />Even if I have holding power ie lots of cash, I would prefer to wait for the next downturn which is almost guaranteed to come in the next 5 to 10 years.<br />Usually, when property is booming, nobody can see the cliff.<br />Similarly, when property is in the doldrums for years eg 1999-2003, people cannot see the light at the end of the tunnel. If you remember SARs, things were bad if people dared not even go out ...so all your restaurants, malls, shopping centres were quiet.financialraynoreply@blogger.com