The carpenter whom I hired to help me restore an old farmhouse had just finished a rough first day on the job. A flat tire made him lose an hour of work, his electric saw quit and now his ancient pickup truck refused to start. While I drove him home, he sat in stony silence.… Read More »
Ringo Lam, founder of Wisers Information Ltd, puts it succinctly: 一直租樓的林永君，認為不用供樓，壓力已經小得多。他說﹕「很多朋友工作幾年，儲錢買樓結婚，不久生仔。最初供樓跟着生仔，再供退休計劃，一世人供供吓就供到退休。」對此他一點不認同。 林永君解釋﹕「很簡單，一買樓已壓住筆首期，例如值300萬的樓，一開始付100萬，再加上每個月供的錢，比租金多出5至6千元。現時任何一個基金都可以提供每年5至7%的回報，以20年計，原本的100萬，與每個月多付的數千元，若用來供一個基金，每條數20年後都各自可以有100萬的利息回報。」他指若物業20年後升少過200至300萬，已是一盤虧本的數。 And that’s why I’ve resisted the pressure to own a property, especially now that I’m in Hong Kong.
Dug up this “letter” while rummaging through old documents for deletion. Thought I’d share it with you, now that the British Empire has a new coalition goverment and new prime minister David Cameron’s perceived glibness seeemed to have done more damage than good. Letter to Mr. Blair Dear Mr Blair,Just a mere few weeks after… Read More »
If I’m from the ad agency of SCMP (blurred out in the image, but no prize for guessing), I would retaliate with a similar ad (with The Standard’s logo blurred out, but with the colour schemes retained) that shows Paul getting into, rather than just sitting on top of, the SCMP box. Remember Paul hovered… Read More »