Is another bloodshed day for Dow Jones!

Gosh! I just received a call from a friend, he was telling me that Dow Jones had just shed another 400 points! And he continued to say that tomorrow would be a lousy day for our STI.

After hearing what he said, I was thinking how the stock market direction going to be? Using Qi Men Du Jia, this is how the chart looks like.




For those who know QMDJ, what do you think of the chart? Is this a good chart or bad chart?

Slope does affect fengshui

Recently, I saw some new property launches with some slopes on the vicinity. In my heart, I wondered how many people (buyers) would take slopes into consideration? Or buyers are just too busy calculating how much loan they can get?

Is true that pricetag is always an important factor to consider when comes to buying property. Let me ask you a question, if a house faces a upslope in front and the selling price is low, say $900 psf, Freehold property and is located in Rest of Central Region (RCR), will you consider?

Well, for those who have studied Fengshui before, anything that is higher than 1inch is considered as "Mountain". In fengshui, we would like to see Ming Tang (No obstruction) in front of a house. Anything that is in front of the house that is considered as "Mountain" will somehow affect the "Qi" entering the house.

Apart from upslope in front of the house, you may want to take note of slopes around the house, slopes that may look innocent to you may bring different effect to your house fengshui. So good luck in your house hunting!

Stock market continues to plunge

At this point of writing, our ST index has shedded 146 points or 4.86%. Looks like we are facing a correction now. For those who have missed my 2011 forecast, you may want to click here.

Something interesting....

Visited Terracotta Warriors at Asian Civilisation Museum recently and I spotted something interesting - The tomb layout plan. Look carefully, you may spot something interesting!

Is all about properties!

Lately I have been visiting showflats, to view some of the latest launches. Most of the showflats I visited were packed with people. Anyway, just to clear the air, I was there not to buy, just tag-along with my friends to find out more about properties and its surroundings. After all, properties are somehow "linked" with fengshui in my own opinion. Without these properties, there is nothing to talk about Yang Fengshui.

Okay, let's put Fengshui aside, let's talk about properties. But before we move on, first I have to state that I am not a Property Analyst neither I am a Property Agent. Therefore, if you choose to continue to read, please read it at your own discretion!

One of the factors when comes to buying a property is location. If you are buying for investment purpose, location, in my own opinion, is an important factor! Usually tenants would choose to rent a place that is convenient, for example near to city, near to workplace or even near to MRT station. However, I have to agree that there are still handful of tenants would choose a place that is secluded.

Talking about seclusion, last year I visited one showflat, that place was like out of nowhere. And I remember that there is no amenities around, the nearest MRT is like close to 1km away or more and not many bus services go to that location. That place really requires you to own your transportation. Despite having all these factors, that project was 100% sold out on the first day! The point here is that location may be a consideration factor but if you are buying it for own stay and transportation is not an issue. You can still go ahead with what you like!

The next thing that you want to consider is whether that project is a Leasehold or Freehold. There are people that I know, will only opt for latter as they feel that is value for money. However, there are some, who are buying for investment purpose will not be bothered by that. But you may want to pay attention to the pricetag between the Leasehold and Freehold.

When comes to buying a property, the question that you need to ask yourself is how much loan to get? And how many years of loan? At this point of writing, mortgage loan interest rate for 3 months SIBOR is at 0.5% and 3 months SOR is at 0.292%. With such a low current interest rate, no wonder it looks attractive to buy a property now. But bear in mind, low interest rate is not here for forever especially if you are planning to get 40years of loan. So when you do your sums, please take that factor into consideration.

As on how much loan to get, this depend on your commitment. Whether you have existing car loan, mortgage loan, study loan or other expense to take care of? Assuming that you do not have any loan to service, a general guideline will be 35% of your salary to set aside for your mortgage loan. And not to forget, with our last cooling measure, if you have existing mortgage loan, you will be eligible for 60% loan only.

So is this a good time to buy a property now? Well, is all depending on your needs! Whether you need a roof over your head? Or if you are buying for investment purpose? In the case of investment, then you really need to understand the supply and demand factor!

To wrap it up, buying a property is a long term commitment. So if you are planning to look for one, do your sums first. Good luck!

Disclaimer : Readers should read it at your own discretion.

Are you going to spend money soon?

Did you know that by looking at your own face, you will be able to know whether you will be spending money for the next 2 weeks?

How to check? Is very easy, just look at your nose tip. If you spot any "red spot" or any pimple in that area. Well, be prepared to spend some money soon!

Give a try and feedback to me! Happy finding!

Choosing an auspicious date to start renovation.

During my younger days, I always wondered why people were so fussy of picking an auspicious date to start renovation. Back then, date selection was something least important to me, but my preception started to change when problems started to surface, not once but many incidents.

Let me share one of my experiences when I was working as a Project Manager. There was one project site which had a fengshui sitting on "Tai Sui - 太岁 " position. At that point of time, I already had fengshui knowledge and I knew that it was an "offence" to carry any form of activity in such position.

As that was a rush project, we had not much choices but to start work immediately, and we could forget about date selection. I knew that problem could arise if we were to carry out any work in "Tai Sui - 太岁" position, so what I could do was to give "special" instruction to my contractors - that no work was allowed in "Tai Sui - 太岁" position till further instruction from me.

At that point of time, I was handling two projects at two different sites, hence I could not put much attention to that project which had the "Tai Sui - 太岁" position. To cut the story short, when I finally got the chance to visit the site, I got a shock of my life! My contractor did not heed my instruction, they went ahead to build partition (dry wall) on that "Tai Sui - 太岁" position. And that dry wall was almost done when I saw it. Guess what happened next? We were told to tear down the whole partition!

Despite that the project had very tight construction schedule, we did not have any chance to convince my client to keep that partition, and we had to tear it down! If only my contractor had heed my advise to delay that construction on that portion, such thing would not have happened! Or an auspicious date was chosen to start our work, maybe that problem could have avoided!