(Snapshot from The Sunday Times, 24 February 2008)

 ’CONDO-FLIPPING‘ WOES. Bought last year Stuck this year. - The Sunday Times, Feb 24, 2008

Really I’ve had enough.

Yes, pretty strong I know. But when you are like me and knows what is ticking in the market, you would get irritated too.

Every corner that you walk, you hear about friends rushing to buy into property like some Hello Kitty craze… I mean our PMEBs are getting great jobs rights? Didn’t someone say that there are pay increases and booms, so its time to buy buy buy!

I know a friend and her fiance who recently started out at work and committed to TWO new condominium projects…. yes T-W-O… and by the way, they work in the “financial” industry. Probably, they are not as deep in financial knowledge as their job position title suggests… clearly, they have not reached the chapters on economic cycles, income stability factor from the way they max out their salaries on monthly repayments to an instrument that is essentially illiquid. A drop in property values and cut in salary would result in a crunch that would take away their excessively luxurious roof… and incur VERY real DEBTS.

Our clients from our Finance Your Passion Workshop already know why Property Gambling in Singapore during this season is crazy. Are there small pockets of great deals? Sure, there are….

However, most properties with full page advertisements on the market are based on speculative value, and trading on speculative value requires different knowledge from being a residential or pseudo-investment home.

In our Workshops, we will introduce to your investment instruments that perform AS well as property and are infinitely more liquid than property.

Look, even the big man in property, Mr Ismail Gafoor (CEO Propnex, NS Bn 2IC, your all in Singapore hero whom I deeply respect and admire). In the past 5 (off-hand that I remember) newspaper interviews, every time someone buys a property at sky high prices, he remarks that those prices are unrealistic and it is pushed up by unnatural short term demand.

This is from a man who has long been collecting properties in Singapore before the recent craze started, a man who through hardwork and ground effort built up his multi-million dollar real estate portfolio.

There are certain environmental constraints that make Short Term Property Flipping in Singapore very risky. In our Workshop, you will learn exactly what these environmental constraints are. Some of the things are like economic demands for basic housing, city expansion rates, flow of information, gatekeepers to information, expectation of information.

If you still want to enter the market, you can then prepare yourself AGAINST these environmental constraints. By the way, we are not a property investing workshop, we give you certain tips; though you will learn in our Workshop that there are more powerful, simiple and liquid ways to invest in Singapore with the same returns and so much more flexibility.

Don’t delay till you want to make the big purchase then start studying; get yourself prepared for all the investment environments ahead.

Take this weekend to build your complete wealth map that will provide a retirement for yourself and generations to come! Sign up for our Upcoming April 08 Workshop!

Early Bird Pricing is still on till 21st March 08! Book your seat, as we have limited seats at our venue!

More Event Details here: http://www.financeyourpassion.com/eventdetails/

Oh yes, one more thing…. If anything we teach is not simple enough to understand, yet profoundly valuable, then you get your money 100% refunded!… so there’s no risk…

To Financing Your Passion,

Winston

P.s.: Looking forward to meeting you soon…. and chatting with you in our Grads Community… I just sent them an email that has some really exciting news about the current investment climate!