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Thursday 22 September 2011

ownership

Seriously, I don't understand why some folks kick the molehill out of something of since 'being a co-owner, you aren't exactly the owner'. <3 what PK said on Tuesday evening - if that's the case, neither will the wife or husband will be the actual owner of the flat which they bought the unit together, since they are the co-owners. If by those folks terms that in order to be actual owner of some property, one has to own 100% of the property, then many properties out there will be owner-less?

Either is my way of thinking too complex or too simple, whatever that has be going on for the past 15-16 months does not have much of an uprooting effect on me.. For example, investment. Not an issue for me for investing the moolah too.. if invest wisely and in low risk commodities.. like bonds?  Frankly, it's an silly idea to bolt your silver and gold in the form of dollars and cents in safe vault or at best in banks' saving acc that pays you interest rate of  0.1% (FD rates aren't that fantastic, but at least >1% depending on quantum you are looking at.) So, it is definitely in the interest of the stakeholders (i.e. whoever contributed the moolahs) to place the moolahs in places that will increases its value with time, rather than seeing it depreciate with time. Thanks to inflation, one dollar today is worth more than one dollar tomorrow. (Unless you have converted your moolah into goldbar!).


Or maybe this is not how the en mass think? I don't know.. Oh well, thankfully, I've invested the earlier part of my life in education that enable to understand things? :) Good foresight in choosing economics over chemistry in JC else.. haha I won't be able to digest these economics stuff?

Thankfully the sengkang/ punggol thingy did not come to pass else.. though haha it will be pretty near home and we will certainly help drive up the prices/ demand for the BTO there (i guess!?)

Found the permanent residency a decade ago.. Not gonna shift out though internal adjustments may be likely and necessary... :)

Alright, back to boring work.. t.a.x.. Q4 is coming.. brrr.. taxing time.. (PUN intended!)
"The hardest thing in the world to understand is the income tax." ~ Albert Einstein


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