Market crashed

[Scratchy]

i still remember back then, i was the first batch of graduates who experienced Employer CPF contribution cut from 20% to 10%. even then i didn't own my first car until few years later.

 

i also rem....2000 when i came out to work....then after that 9-11....pay cut..cpf cut....long hours....sibeh sian then...

[Vyap]

agree with you bro,..........many of us during that time can only afford MRT.... only few yrs later....bought a old/2nd hand small car (1000-1300cc) to start with .......unlike now the new batch.......immediately thinking of buying Brand NEW car 1.6cc & abv!!! blame the gahment for creating this new mentality

[Route88]

Orchestrated

[Robo]

if that day really come.. i think i will simply pack and go!

 

prolly even that day havent even come, i will still pack and go....

[Sony]

Keep yr CC in the freezer, don't live with borrowed money. Use cash to purchase thing. That will monitor yr ability.

 

 

then I would recommend the good old traditional biscuit tin to hold money rather than put it into the bank.

 

In time of this, while most would think of saving up and spending less, but then, to keep the economy moving, there's a need to spend to ensure liquidity.

 

and what's wrong with using credit card? borrowed money with the ability to pay off at the end statement is perfectly alright to me...

 

am i missing something?

[Sony]

actually hor, cannot 100% blame them because they were consistently being brainwash by someone who keep feeding them with bed of roses situation no matter how sh*ty situation is... what to do, they were encouraged to consistently maintain "positive" until they became delusional and living in "alice the wonderland"..... let them learnt he hardway when they step into the reality....

 

Yeah... bed of roses.

 

Not to worry, we are just experiencing "economy slow-down with possible increase in umemployment rate". That's all.

 

and possible CPF cut to help SMEs and foreign investor so that they will continue to invest in s'pore..

 

what else have we not gone thru before.. ..

[Mcfguy]

Stupidest joke of the year: Oil price go up become excuse for share prices to drop cause they say cost go up, oil prices go down also become excuses for share prices to drop cause they say lower demand for oil means economy slowing down

 

All the analyst have "Post Kong Ming" syndrome, if u know what I mean.

[Redplanet]

You're right. There's nothing wrong if the CC bill is paid in full by the due date......no balance carried forward to the next bill.

 

Absolutely no need for drastic measures such as cutting up CC or keeping them hidden.

 

Pretty useful tools...so long as you respect the rules of the game.

[Acemundo]

haha actually year 2000 was not the first time ever CPF cut. it was 1998.

 

i came out work 1997 and less than 1 year they cut cpf liao.......but still i luckier than those graduate in 1998..a lot of them took very long to find a job.

[Sony]

not forgetting the rebate, discount and freebies from point redemption from using credit card as wells

 

 

just last month, I got a samsonite cabin bag from one credit card and a watch from another...

[Freestylers09]

Actually i dun even wanna read this thread. But this week will be an exciting week.

 

u still play ah??didnt u stop at last xmas??

[Ahyoo2002]

I lost count of when CPF was cut and when they restore liao.

 

I just make sure that whether CPF is cut or when interest rate up, my CPF is still enough for HDB loan installment, ok liao. CPF rate is something out of our control.

[Cheekg98]

if u look at our thai neighbour ... those pple there so ignorant. world economic crisis happening and they still got time to protest, seize government offices. their act is going to pull the country into deep trouble

[Freestylers09]

pass me some tin if u have..then i tie a string hang on my neck next time..just bang the tins king kong king kong can liao... wait people tot i'm those old time ,collect dung...

[Ahyoo2002]

Yah, can not believe.

 

I like Thaxxxx, at least when he is around, their economy is much better.

[Nkps]

Hi same here, Thai Rak Thai sarporkter

 

anyway, back to topic, as at 11.25pm (SG time), DJ down 83pts

[Ahyoo2002]

Why, you want it to crash further?

[Cheekg98]

with that fella around, singapore economy at threat ???