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Curious

408 Views 19 Replies 6 Participants Last post by  BODYholic
Why are there always got people hoping for the Property 'Bubble' to go burst....when the property market starting to pick up a little?
Hoping for Black monday for the stocks market when starting on bull run?
Do they really prefer a market down turn then upward trend?
Prefer the economy to be in the slumps n the trend of people jobless going upward? :eek:hno: :nuts: :cry:
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Is call Human Nature.If up they like to blame on somebody or gahment.If down they also like to balme on gahment and somebody.
Is call Human Nature.If up they like to blame on somebody or gahment.If down they also like to balme on gahment and somebody.
Ya lor ... market come down they become jobless, they blame others but they forget they wanted it to be this way! why? because when the market pick up they are able to get jobs but they are hoping the market crash and when they become jobless they blame everyone except themselves because they forget that it is they themselves who ASK FOR IT!!! :nuts:
Nobody in their right mind and under normal circumstances wants the property market to go belly-up or the share market bull gets trounced by the bear.

Some reasons I can think of… let’s see…

When someone has shorted the (share) market, bought a lot of (equity) Put (options), or simply waiting at the sidelines for a chance to enter the market, he’s hoping for Black Monday… but this contrarian is still considered normal behavior because he holds a contrarian view of the market and acts on it…

Now, to properties… when someone has made a tidy profit selling his last (investment) property, or when he is waiting for the frenzy and market to cool off a little before buying one, he would like to see the bubble “burst”… normal behavior…

There are also those who are extremely risk-adverse, who will just shake their heads in disbelief when they see projects after projects sold off at record-breaking prices even before the official launches… they are happy and contented to have their money in “safer” vehicles albeit lower return (debatable)…

Expats who are still recovering from the shock of their rent being doubled or tripled are praying for a cooling off of the property bull… normal and understandable…

And then there are the doomsayers… those who turned sour watching their peers and people around them making millions in very short period of time while they nurse their wounds from the last property bust, or they were totally caught off-guard of the boom and missed the boat completely or they sold out too early and are now cursing themselves (and the market) for not staying the course and give the country’s future more confidence…

Or then again, maybe we are long due for a reality check… what say you?

People are interesting creatures… all other animals are very single-minded but we are so varied in our thinking and behavior…
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When you expect a market to crash, it will never happen.

Market will only crash when you least expected.

Any correction above 20%-40% will be classified as a crash, others are just minor correction.

Bull run just started, enjoy the ride fellow risk takers.

Little Pigpig is wise.
This little pig was once close to being eaten alive by the big bad wolf but lucky for him, he’s alive and posting in SSC… but one day, luck can run dry so have to be very careful when investing…

We can’t and don’t need to stop people from cursing the market or try to convince them… there is and always will be risks in the market… there will always be unknown factors like outbreaks of SARS, bird flu, war, terrorist attacks, but if your reason for not investing in properties is based on that, then you’ll be better off building your own straw houses…

I never let the naysayers influence me but at the same time, I exercise caution and prudence when investing…

Be careful… the big bad wolf is always out there, on the prowl, waiting to devour the inexperienced and over-confident pigs who don’t do their homework properly or over-stretch themselves… don’t let greed and fear control you and you’ll be fine :)
I have learn too............

Will warn you when the signal comes..................

The bear signal have not come yet...........I am very sure.

Forget about the Naysayers. We are the true risk takers who put our money where our mouth is.

The Naysayer can say anything they want while we will be laughing all the way to the bank.
Give me some money, and I’ll put it into my mouth too :) but I won’t be laughing too loudly… it irritates the people around you and who knows, the tables may turn when you least expected it…

There are 3 types of naysayers…

the first curse the market and swear not to enter it and they really don’t… because they don’t have the means…

the second type have the money but after a few rounds of cursing, finally give up and join in the crowd… they are the late boomers…

the last type have the money and also nerves of steel and discipline of a West Point cadet… they stick by their words… and all’s well…

To each his own… invest wisely and within your means… as the saying goes… caution steers a ship for ten thousand years…
There’s another group of people I have omitted…

Those who are above 40, still unemployed or earning meager pay barely enough to support their family because of structural changes in the economy, the inability to learn new skills and unwillingness of employers to hire older staff… etc etc…

Many of them stay in 1, 2 or 3-room HDB flats and have problems making ends meet… I think if you see them, you’ll understand their plight and feel their frustration…
Pig pig, your statement is louder than mine.

Poor get poorer, we all know. Do not need to clearified.
Pig pig, your statement is louder than mine.

Poor get poorer, we all know. Do not need to clearified.

Sorry bro... didn't mean to be loud...

Just trying to explain to melvin, oops, I mean nivlem, why some people behave the way they do… as the saying goes… one type of rice feeds a hundred type of people…

…just your friendly neighborhood pig
:lol:
Sorry bro... didn't mean to be loud...

Just trying to explain to melvin, oops, I mean nivlem, why some people behave the way they do… as the saying goes… one type of rice feeds a hundred type of people…

…just your friendly neighborhood pig
Thanks for the enlightenment!

I was feeling sad for those feeling so negative when the market start to pick up! I guess most these people can't understand why n how the bull run will benefit them or is it they dun know how to ride on it?

:cheers:
Melvin:)
who ride on who?

Another question, what do u guys think is the bull run in the stocks market riding on the property bull run or property bull riding on the stock bull?

To me it look more like stock riding on the property bull as of now. :nuts:
Thanks for the enlightenment!

I was feeling sad for those feeling so negative when the market start to pick up! I guess most these people can't understand why n how the bull run will benefit them or is it they dun know how to ride on it?

:cheers:
Melvin:)
Hi Melvin,

Why do you feel sad? You shouldn’t feel the need for others to validate or agree with what you do or think, ya? You can also take comfort in the fact that the crowd is usually wrong.

Not everyone will benefit from the bull run, many will be relatively worst-off as a result, if you know what I mean…

... your friendly neighborhood pig
:)
Why are there always got people hoping for the Property 'Bubble' to go burst....when the property market starting to pick up a little?
In the same light, why some ppl would never believe property (or shares) market will ever get burst? :eek:hno:

Live with it, changes is the only constant. :lol:
Hi Melvin,

Why do you feel sad? You shouldn’t feel the need for others to validate or agree with what you do or think, ya? You can also take comfort in the fact that the crowd is usually wrong.

Not everyone will benefit from the bull run, many will be relatively worst-off as a result, if you know what I mean…

... your friendly neighborhood pig
:)
Ya hor .... why i feel sad? Thanks bro! :banana::cheers:
In the same light, why some ppl would never believe property (or shares) market will ever get burst? :eek:hno:

Live with it, changes is the only constant. :lol:
At any one time, there must always be a seller and a buyer for a transaction to happen - the buyer thinks the bull run has more room to go and the seller thinks it is going down hill or getting too risky to hold on. Both parties do not need to convince the other of their view. I happen to believe the bull run has just begun and have Singapore has many more good years to go in its economy and therefore in its property market. I also agree with Littlepig that it is important for one to do his own sums and be able to withstand any unforeseen turbulence along the ride.

Happy Investing!
^^ I share the same view as you that we are at the beginning of a bull run. This is not a problem. But there are people who believes that this bull will *never* retire. Now, this is the difference that we are talking about. :lol:

My point is when there is upturn, there is *always* a downturn that follows. It is just a matter of how soon and how fast. (of course, there will always be an upturn after that). Isn't this fundamental? Or so I thought.

Cheers :)
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