How To Buy a House with No Money Down

Go Go Cempaka!

Need a favor~ Click on the link below and vote for Cempaka!

http://forum.shareinvestor.com/forum/showthread.php?t=3129

thanks~

SQ009

SQ 10 stocks

SQ on the charts:

Counter-Long/Short-TP-CP
+ Remarks

Indoagri-Long-$4-$2.10
+ commodities play... continue to long till see reversal

Jardine C&C-Long-$21-$18
+ Surprising to see J C&C so strong, higher highs but care of wedge, go cautious long

Lian Beng-SHORT-$0.41 then $0.35-$0.55
+ Rising metal prices will affect LB's profit, broke long term trend, time to shoot it down

Noble-Long-$2.5-$2.1
+ up up and away! V strong, will be one of the biggest play in coming days. CHEONG AH

SGX-SHORT-$6-$9
+ Kah Kah Hoot, more room to fall, double crosses, not a good sign. Aim $6.80 then $6

ST Eng-Hold-$3.4 to $3.7- $3.2
+ Traditionally a defensive stock, recently showing some weaknesses, observe first, sidelining on this.

STX PO- Short - $2.7 - $3
+ Showing signs of weakness and a sell down is coming soon, if maintain above $2.70 can go cautious long

Wheelock-SHORT-$1.60 - $1.80
+VERY weak... close one eye and short.

Wilmar-Cautious Long-$4.80 (buy near $4) - $4.20 (if reverse from >$4.20)
+ Cautious Long please... also starting to show signs of weaknesses

YZJ-SHORT- 80c then 60c- $1
+ Dead cat bounce in betweens but having hamburger press formation. Short...

Armstrong - Observe (inclined to long) - $0.32 then $0.34 - $0.26
+ this chart very interesting, testing me... hahaha. This I will go long, taking a bet... indicators quite balanced but I'm inclined to long on this, if break 0.32, can cheong and aim 0.39.

The Collapse Of The Dollar, Please Watch

Stagflation, pls watch, important

ceilings

The official definitions of stocks can be further classified into the following:

1. Growth Stocks
2. Income Stocks
3. Growth (moderate) and Income Stocks
4. Defensive Stock
5. Cyclical Stocks
6. Blue Chips
7. Speculative
8. Special Situation Stocks
9. Small and midsize company stocks (mid cap and pennies)
10. Foreign Stocks (like S shares)

Every stock will fall into one or more of the above mentioned categories.

But to make things easier to understand.

1. 'Needs' Stocks are stocks which are compulsory and needed in the market. Think of Warren Buffet investing in Gilette. In Singapore, 'Needs' stocks will be things like SMRT, Singpost and SPH

2. Renewable Biz stock: these kind of stocks will get renewable business regardless of market condition (its another term for defensive counters). Things like ST engineering, Vicom... etc

3. Monopoly quite easy to understand. Supply and Demand. The demand is there, but theres only one supply. So whoever controls the supply, controls the price. Things like SMRT

Mr Speaker, Sir,

I beg to move that this Parliament approve the financial policy of the Government for the Financial Year 1 April 2008 to 31 March 2009.

(1) ECONOMIC PERFORMANCE AND OUTLOOK




Economic Performance 2007

1.1 Our economy has done well over the past year. We had real growth of 7.7% in 2007, much higher than we had expected at the start of 2007. This was exceptional growth, and more so because it came after three previous years of strong growth.

1.2 The strong economy also brought unemployment down to 1.6% at the end of last year. Resident unemployment also fell sharply to 2.3%, the lowest level in a decade.

1.3 We have been aided by a favourable global environment. But Singapore?s strong growth in recent years has mainly been the result of our broad-ranging efforts to restructure our economy, labour market and fiscal system. This is not a story of an old economy growing quickly, but of a new economy emerging out of the old. It is about how we are attracting new and cutting edge investments, capitalising on opportunities in new growth industries and markets abroad, upgrading our workers' skills and competing at an advantage. Indeed this is why we have been growing much faster than other developed countries - faster than any other country with the same standard of living as us. Our policies are working well, the economy is restructuring, and we are delivering superior performance.

Fiscal Position in 2007

1.4 With stronger than expected economic growth in 2007, the projected Budget outturn improved significantly. We expect the Overall Budget Balance to be a surplus of $6.4 billion for Financial Year (FY) 2007, compared to the deficit of $0.7 billion that was originally projected.

1.5 We started the year expecting a growth rate of 4.5% to 6.5%, which was also in line with market forecasts. With actual growth at 7.7%, Corporate and Personal Income Taxes came in some $1.0 billion higher than projected. GST revenues also exceeded our projection by about $1.2 billion, mostly from higher consumption.

1.6 GST collection arising from the 2 percentage point hike in July is estimated at about $1.4 billion in total, which now just matches the size of the GST Offset Package and Workfare Income Supplement tranches that were distributed in FY2007.

1.7 However, the largest boost to revenues came from the exceptionally buoyant property market last year. Prices of private residential units rose by over 30%, much higher than industry forecasts of around 10% to 15% at the beginning of the year. The volume of property transactions went up by over 60%. Stamp duties consequently rose to an unprecedented $3.8 billion, $2.3 billion higher than expected. Other property related revenues were around $1.1 billion above projections. These were large gains, out of the ordinary, and which we cannot expect to see very often.

1.8 The overall budget surplus of $6.4 billion was therefore the result of a strong economy and property market. The surplus was also an appropriate fiscal stance to adopt, as it avoided adding further liquidity and stimulus to an already rapidly growing economy.

Economic Outlook for 2008

1.9 The key factor that will shape the growth of the Singapore economy in 2008 is the global economy, especially the state of the US economy. Many private forecasters now expect the US economy to enter a recession in the first half of the year, although it may be mild. If this happens, Asian exports will be affected. However, the IMF and other global forecasters still expect growth in Asia on the whole to remain healthy. China and India are expected to slow down, but still grow at 10% and 8% respectively on the back of strong domestic demand.

1.10 Overall, on all current indications of global conditions, we expect growth of 4.0% to 6.0% in the Singapore economy this year. This is lower than last year, but well in line with the economy's potential over the medium term. Our economic fundamentals remain strong. Our pipeline of manufacturing investments remains robust with EDB expecting $16 billion worth of investment commitments this year, on top of the same volume last year. Our services sector too is well-positioned for growth. While demand for services will depend on the growth of the region and the rest of Asia, we have gained significant mindshare as a global financial and business centre.

1.11 However, there are major downside risks to this year's forecast of growth. A sharper than expected decline in US growth could add to the turmoil in the financial markets, and deepen the credit crunch that is still unfolding. This will inevitably spill over to the Asian economies and markets, and our own growth will be impacted. The outcomes cannot be predicted, but we must be watchful of the risks and be ready to respond to them.

Those keen on doing CPF investments before the 1st April lock in with SQ, please contact me before 12th March, as I will be away in Taiwan from 13th - 18th to meet a few client in Taipei.

(If u want to buy things from Taipwi can PM me also hahaha)

you can contact me via
email: sq009@hotmail.com
mobile: 9297 9453

testimonial~

Archer



Joined: 29 Mar 2006
Posts: 475

Posted: Sat Feb 02, 2008 7:55 pm Post subject:

--------------------------------------------------------------------------------

Hey guys,

thks for the excellent presentations earlier on.

l've learnt so much more abt TA, FA and the effects of rate cuts on macroeconomy, etc.

The seminar was well-structured and you guys took the effort to explain all the various concepts clearly.

Highly recommended for beginners like me.

cheers~

The Seminar

Happy Lunar New Year

Wish all investors and visitors a happy and prosperous lunar new year.

Bush's State Of Union Address

Good day all,

On 2nd Febuary there will be a full day seminar with 3 speakers covering macro economics, personal financial planning and Technical analysis (theory and market outlook)

Detail as follows:

Speakers:
1. Collin
2. Ken (RallyArtist)
3. Donald (sq009)

The schedule will be as follow:
10am - Registration
10.15am- Understanding the fundamentals of the market (an introduction to modern banking system)
11.00am- Investment Strategies and Investment Approach
12.00pm- Lunch (not provided)
1.00pm- Short Exercise on understanding your financial well being
2.00pm- An Introduction into TA (Basics of TA, by RallyArtist)
3.30pm- Market Outlook By Collin
5.00pm-End

Notes and Drinks will be provided, please bring along writting materials in case you need to take down any additional notes. Please also bring along your name cards (if any). Venue will be at TMC Academy (Walking distance from Cityhall MRT).

Seminar fee will be at $30 per person Interested please Email 1. Your Name 2. Your Contact Number 3. Number of people coming to admin@collinseow.com

财经新闻20080126

Stocks pull plug on 2-day rally

Bush Stimulus Plan ~ A Warning Sign

Jan. 17 (Bloomberg) -- The Bush administration is close to
completing an economic-stimulus proposal that will include $800
rebates for individuals and $1,600 for households as well as tax
breaks for businesses, people familiar with the plan said.

The proposal is subject to revision as administration
officials consult with Republican and Democratic lawmakers in
Washington, the people said.

President George W. Bush will lay out the ``principles'' of
the economic package tomorrow, though it's ``too early'' to
unveil a final proposal, according to his spokesman, who declined
to provide details. Congressional leaders say a stimulus package
may be as much as $150 billion.

Bush, who returned last night from a trip to the Middle
East, has decided the U.S. needs short-term economic assistance
from the government to avert an election-year recession, White
House officials said earlier today.

``The president does believe that over the short term, to
deal with this softening of the economy, that some boost is
necessary,'' Deputy Press Secretary Tony Fratto told reporters at
a briefing. Bush won't press Congress to extend the tax cuts
passed during his first term and set to expire in 2010 as part of
the plan.

``The President supports a permanent extension of his tax
cuts, and he supports a short-term growth package, but they are
separate,'' Fratto said.

Planning

White House and Treasury officials have been working since
late November on the outlines of a plan to stave off a recession
or ameliorate the effects if one occurs.

The plan the administration is close to proposing includes a
temporary elimination of the bottom tax rate, which is now 10
percent, and a consequent lump-sum rebate to all taxpayers,
according to the people.

Businesses would get a tax break under the plan that would
allow them to deduct 50 percent of the price of new equipment
they purchase this year. Small businesses would be able to deduct
as much as $200,000 in new equipment purchases, up from the
current $112,000 limit.

Asked about the details, a Treasury spokeswoman declined to
comment.

House Republican leader John Boehner told reporters in
Washington that a package of $100 billion to $150 billion is
being discussed by administration officials and lawmakers.

Democrats in Congress are working on their own stimulus
plan, which is also expected to include a tax rebate, as well as
public works spending and additional aid for the poor through
food stamps and other programs.

Bipartisan Support

The deteriorating economy has brought both parties to the
conclusion that legislation must be passed and implemented
quickly if it is to have any effect. The jobless rate rose to 5
percent in December from 4.7 percent a month earlier, and
economists at Goldman Sachs Group Inc., Merrill Lynch & Co. and
Morgan Stanley say the U.S. is probably sliding into a recession.

Senator Hillary Clinton today increased the size of her
stimulus proposal, to $110 billion from $70 billion because of
signs of further weakness in the economy, according to a press
release. Clinton, of New York, and Senator Barack Obama of
Illinois, are the leaders in the race for the Democratic
presidential nomination. Both have proposed packages of measures
to boost the economy.

Arizona Senator John McCain, who's seeking the Republican
nomination, today announced an economic-growth plan that would
lower the corporate tax rate to 25 percent from 35 percent and
give other breaks to business. It avoided short-term stimulus.

Federal Reserve Chairman Ben S. Bernanke told the House
Budget Committee in Washington today that a fiscal boost of as
much as $150 billion would help revive economic growth.

A package of $100 billion ``would certainly be measurable,
it would not be window dressing,'' said Bernanke.