I took a taxi from UIC building (Shenton Way) to Carlton Hotel (Bras Basah Road). The journey took 30 minutes (due to heavy traffic) and cost $7. It is quite expensive. The distance is actually quite short.
We need to provide better and cheaper form of public transport, including taxis.
Tuesday, May 29, 2007
More trains for a comfortable ride
I took the MRT train at 9.40 am this morning. This is the off-peak period.
The train arrive at intervals of 7 minutes. It was packed all the way from Yio Chu Kang station to Raffles City station. I had to stand all the way.
During the peak period, the train run at intervals of 3 minutes. I can understand that it is difficult to put more trains due to safety issues.
During the off-peak period, it should be possible to run more tains (say 1 train every 5 minutes), so that the train is not so crowded and more commuters have the chance of a comfortable ride.
I hope that SMRT will take this factor into consideration, and run more trains during the off-peak hours.
The train arrive at intervals of 7 minutes. It was packed all the way from Yio Chu Kang station to Raffles City station. I had to stand all the way.
During the peak period, the train run at intervals of 3 minutes. I can understand that it is difficult to put more trains due to safety issues.
During the off-peak period, it should be possible to run more tains (say 1 train every 5 minutes), so that the train is not so crowded and more commuters have the chance of a comfortable ride.
I hope that SMRT will take this factor into consideration, and run more trains during the off-peak hours.
Switch 50% of investments into the Balanced Fund
Dear Mr Tan,
The global equity markets, and in particular China, have hit new records in the last few months. There is an increasing risk of the so-called "bubble bursting" especially in China, where valuations are simply unsustainable.
I have a substantial holding of the "growth" combined fund. Given the state of the equity markets today, would it be advisable to switch to more defensive funds and if so, what you would recommend.
------------------
REPLY:
Recently, my wife and daughter decided to switch 50% of their investment from the Singapore Equity fund (100% in Singapore equities) to the balanced fund (50% equity, 50% bond). I decided to keep my investment in the growth fund (70% equities, 30% bonds).
Pick your choice.
The global equity markets, and in particular China, have hit new records in the last few months. There is an increasing risk of the so-called "bubble bursting" especially in China, where valuations are simply unsustainable.
I have a substantial holding of the "growth" combined fund. Given the state of the equity markets today, would it be advisable to switch to more defensive funds and if so, what you would recommend.
------------------
REPLY:
Recently, my wife and daughter decided to switch 50% of their investment from the Singapore Equity fund (100% in Singapore equities) to the balanced fund (50% equity, 50% bond). I decided to keep my investment in the growth fund (70% equities, 30% bonds).
Pick your choice.
Yield on Single Premium Endowment
Name: UOB Life Maxi Dollars
Started: 28 June 2002 $30,000
Matured: 28 June 2007 $35493.09
Key feature: Capital guranteed
Yield: 3.42%
This is a single premium endowment. The yield is quite satisfactory.
Started: 28 June 2002 $30,000
Matured: 28 June 2007 $35493.09
Key feature: Capital guranteed
Yield: 3.42%
This is a single premium endowment. The yield is quite satisfactory.
Make the chemistry right
Getting the chemistry right with materials in the laboratories is a far easier exercise for a chemist to do than getting the chemistry right in real life situations with human beings.
Nevertheless there are many similarities between the Nature of Matter and the Nature of Man. If we can apply this knowledge appropriately we can make many things happen for our good which we thought could not be done before.
Read some of the examples Dr. Lee Kum Tatt gives in his article on this subject in his blog.
Nevertheless there are many similarities between the Nature of Matter and the Nature of Man. If we can apply this knowledge appropriately we can make many things happen for our good which we thought could not be done before.
Read some of the examples Dr. Lee Kum Tatt gives in his article on this subject in his blog.
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