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he may take Singapore citizenship, does not mean that he is going to live in Singapore; does not mean his money will stay in Singapore as well, after all there is only limited investment opportunity/asset within Singapore.
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He can always renounce the citizenship like many new citizens do. The richs treat spore citizenship like tissue paper.
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Ya lol! When you are super rich you can even hire "the devil to do the work for you".
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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From my perspective, it seems that the government is putting in a lot of effort to bring the rich in, which is a good thing for creating jobs and all the good stuff.
What pisses me off is that the government does not seem to be doing much to keep the ordinary citizens in Singapore.
I am one of the few Singaporeans who got a chance to live in different countries for a period of time, and the thought of me going back to live in Singapore irks me.
I find that Singapore is one of the few countries that does not value its ordinary people very much, e.g. When I was studying in the states, I found very few scholarship programs for foreigners to apply, and plenty for their own citizens to apply. Whereas, the reverse is applied when I look at the scholarship programs in Singapore.
Hence, when I learn about what the government is doing to attract the rich to move to Singapore, I feel angry and frustrated. At the end of the day, it is important to attract the rich to invest in Singapore but it is equally important not to neglect the ordinary citizen, who will eventually multiply the rich's investment. Such news only makes me want to migrate out of Singapore.
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14-05-2012, 08:59 PM
(This post was last modified: 14-05-2012, 09:04 PM by Jared Seah.)
Two men looked out from their cell window.
One sees stars; the other sees mud.
I've been to Sweden many times for work and pleasure. I find the Swedes are a group of wonderful and interesting people.
1) It's free for foreigners to study in their universities; just like the local Swedes? For eg, at the famous Lund university, there are Singaporeans and other nationalities studying there free of charge. You just have to pay for your own living expenses and lodging.
I heard there was a debate last year to start charging the foreign students. Guess what? Most of the local Swede students and the man in the street were opposed to it. They welcome the diversity these foreign students bring to their universities. It helps the young Swedes understand the cultural intricacies when they venture abroad for their work.
Swedes are very outward looking. Most would like to work in a Swedish MNC that has an international presence so they can explore the world.
2) When you walk along the street, you will find many Asians and African kids with their white Swedish adopted parents. This is quite different from Asian cultures where we would like to "adopt" our own kind. I asked and the answer my Swedish friend gave was that all things being equal, they would like to give less fortunate people in the world a chance of a better life. Aw...
Hmm... I wonder whether the Swedish born and bred orphans will grow up bitter that "foreigners" were adopted over him/her?
Just google singapore man of leisure
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sweden population is a small 8million occupying quite a much bigger land mass compared to us..they have the capacity to adopt less fortunate foreigners..bearing in mind it is a very advanced country.
it is the opposite case here, where the govt, with its favorable tax regime, seems only interested in 'rich' & 'talented' foreigner to push up asset prices...
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14-05-2012, 10:25 PM
(This post was last modified: 14-05-2012, 10:45 PM by brattzz.)
whinning post - deleted!
else have been ask to go other forums! :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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