Tuesday, February 9, 2010
Champions in Stock Pick
Poor quality of life
Many Singaporeans spend too much time in the office. In some cases, their employer cut down on manpower, making it necessary for the employees to spend more hours to finish their work. In other cases, the employees stay back late due to peer or boss pressure, as leaving on time is considered as "not hard working".
I met an Indonesian who studied and continued to work in Singapore for the past eight years. His working hours is from 9 am to 9 pm, every day. He is caught in the Singapore system.
I hope that the Government leaders realise why Singaporeans are not producing babies. How can they, when many have to work long hours? They do not have time for their families. They may not have time to find their life partners.
The competitive environment in Singapore, the lack of job security and the high cost of living are the main factors contributing to our low birth-rate, which is now nearly the lowest in the world. Some apologists said that this is the trend in developed countries, but why should Singapore fare worse than other countries in this respect? There must be some factors in Singapore that make us worst!
Tan Kin Lian
I met an Indonesian who studied and continued to work in Singapore for the past eight years. His working hours is from 9 am to 9 pm, every day. He is caught in the Singapore system.
I hope that the Government leaders realise why Singaporeans are not producing babies. How can they, when many have to work long hours? They do not have time for their families. They may not have time to find their life partners.
The competitive environment in Singapore, the lack of job security and the high cost of living are the main factors contributing to our low birth-rate, which is now nearly the lowest in the world. Some apologists said that this is the trend in developed countries, but why should Singapore fare worse than other countries in this respect? There must be some factors in Singapore that make us worst!
Tan Kin Lian
Be patient and give way
Singapore drivers are generally impatient and do not give way. If the car in front signal to move lane, the car behind will usually sound the horn, rather than slow down. Why are drivers so impatient?
Easy search for a place in Singapore
I wanted to find a Muslim restaurant near Jalan Sultan. I found a famous restaurant at a specific address in North Bridge Road. I needed a map to locate this restaurant. I used the Real Estate Data Map portal in this webpage. It gave me the map immediately. I decided to bookmark this webpage for future use.
Monday, February 8, 2010
Political Compass
My friend introduced this quiz to me. It measures your political leaning.
http://www.politicalcompass.org/test
My score: economic left (-6.75), social neutral (-0.10). I am quite close to Ghandhi and Nelson Mandela, but slightly less socially liberal compared to them.
http://www.politicalcompass.org/test
My score: economic left (-6.75), social neutral (-0.10). I am quite close to Ghandhi and Nelson Mandela, but slightly less socially liberal compared to them.
Investing in an equity linked note
Dear Sir,
My bank give me an overdraft to invest in an Equity link note tied to a certain share with a 12% return based on a strike price and date. Now the share is trading at 0.82. Can I terminate the order to purchase. I was not given and risk disclosure or details about the product.
REPLY
I am not familiar with the terms of the contract. But, I believe that you can terminate the contract. Before you take this decision, ask the bank to give you a statement of your posItion showing:
- your loss, if you terminate the contract now
- chance of recovering the loss or the risk of making a further loss, if you continue the contract
The bank has the duty to advice you, as they recommended the product to you in the first place.
Get the facts before you make a decision.
My bank give me an overdraft to invest in an Equity link note tied to a certain share with a 12% return based on a strike price and date. Now the share is trading at 0.82. Can I terminate the order to purchase. I was not given and risk disclosure or details about the product.
REPLY
I am not familiar with the terms of the contract. But, I believe that you can terminate the contract. Before you take this decision, ask the bank to give you a statement of your posItion showing:
- your loss, if you terminate the contract now
- chance of recovering the loss or the risk of making a further loss, if you continue the contract
The bank has the duty to advice you, as they recommended the product to you in the first place.
Get the facts before you make a decision.
Subscribe to:
Posts (Atom)