what has this got to do with investing? well, maybe a lot …

most of us must have read this piece of shocking news today. 2 armed robberies within 2 days. one in a petrol station and one in a money transfer centre in ubi. But both involved miniscule sums of one to two thousand dollars. most people reading this must have thought the culprit committing the offence is crazy. yes, perhaps they are crazy.  but more likely, these people are drawn into great desperation and probably think they stand a better chance robbing these small shops than the banks with a armed guard.

meanwhile, as i took a walk recently pass my old estate in serangoon gardens where i used to stay some 25 years ago, wow… i noticed that the old single storey terrace houses are being replaced by monstrously huge three to four storey houses, and in the …