My Money Sense by Andy Ong: The Buyers vs Sellers Standoff!

My Money Sense by Andy Ong: The Buyers vs Sellers Standoff!:

Hi Guys! Gong Xi Fa Cai!!!

I have done so many countries in the last month that I lost count. I just got back from Seoul, its negative 11 degree Celsius over there but work comes first. The year is evolving and is becoming more interesting on the property front. Even as the European situation and the latest round of government cooling measures have dampened the mood a bit, property buyers are keeping up the tempo. The Waterfront in Seng Kang shows that demand is still there.

In my previous entries, I have shared with you that I do not share the same level of pessimism as the analysts out there when the government introduced the most drastic measures to curb property prices and I have been spot on. The analyst who predicted a 30% fall must be feeling a little sore right now. Its true that market activity has fallen but prices have scarcely faltered. On the contrary, commercial property has rode from one crest to another. This is simply music to my ears as the bulk of my money is there now.

What of the future? The key to watch is the interest rate environment, we are in a prolonged period of negative real interest rates. Inflation is stubbornly high and Uncle Sam has committed to lower interest rates till 2014. Ben Bernanke is a smart cookie by laying the foundation of a stable predictable financial environment to encourage businesses to invest and promote economic growth. As long as rates remain low, real estate holders have no incentive to divest.

However, don’t expect to reap big returns as prices will be limited by possibility of more cooling measures. It’s a true test of wills here. However, with limited investment options by the general population, liquidity and funds must invest somewhere. In the absence of other options, its still going into real estate.

I will be sharing more with you at my Asian Titan Trends event. This year, the event will be held at Suntec City on the 3rd of March. I will be sharing with you my perspectives of the current investment climate and which sector offers opportunities. The biggest venue we can secure is a 500-seater hall so only the first 500 who register can enter. Entrance is complimentary for students but please do not waste seats. We are contemplating banning people who register but do not turn up. So register quickly.

It’s the year of the Water Dragon and let’s not let this mythical creature temper our enthusiasm.

Let’s HUAT AH!

Stay Tune !!
 
By Mr. Andy Ong
http://www.andy-ong.com/
 
Paste by Gordon Ethan
NBCC 3.07pm

Andy Ong’s preview on Property Investment Program

It was my first time listening to Andy Ong and I have not known much about him. My first impression was that he is a person full of drive and confidence, which are necessary ingredients for success.

His entrepreneurial and property investment track records were very impressive. He started out as one of the earliest financial planners in Singapore and went on to start a financial planning magazine which was sold to a company. He was also a prolific writer who churned out many books on financial planning, and National University of Singapore was using one of those as a textbook. After his successful stint in the financial industry, he went to start up Entrepreneur’s Resource Centre (ERC) Institute, and began his first step in the education industry.

He said he used to buy shophouses in the past and now he had moved on to commercial properties. ERC bought the North Bridge Commercial Complex for $46 million in 2009 and sold it for $100+ million. ERC then bought Prime centre for $103 million in 2010.

Using these examples as his credentials, he put himself as someone qualified to teach and the reason he wanted to teach is because one of his entrepreneur apprentice persuaded him to share his knowledge on property investing to the public. He said that he is only going to teach until 2013 and he would want to leave for another country to study full time. He always wanted to experience studying overseas. He added that he tends to leave an industry after 10 years and he felt he had done enough for the public. Probably because a change in environment is needed to renew his drive and enthusiasm.

His property course spans 3 days and involve field trips where he would explain how he look at properties. After the course, there will be a few gatherings a year for him to update everyone on the property market trend. He will also evaluate the property portfolio for every student and advise how he will go about restructuring them. He even said all graduates must ask him for permission to buy any property, because he want to make sure his students make good investment decisions. He knows it is not easy for anyone to learn all he knows within the course and hence, he dedicates these 2 years to teach people how to fish.

I have not attended the course before so I cannot comment on it. But you can read about the course review here. If you are interested to attend the preview, you can register here.

Sources From:
http://www.bigfatpurse.com/2011/10/andy-ongs-preview-on-property-investment-program/

Gordon Ethan
NBCC
4.11pm

ERC mini MBA

ERC: We decided to restructure one of our programs to tailor it to become a practical solution to business owners and ‘stuck’ executives. What does this program do for this group of individuals? Through the years, social media, new corporate finance techniques, management doctrines have all emerged to make the older folks a little irrelevant. In fact, many feel lost in this new world order.

The mini-MBA is structured to enable business owners who are witnessing a plateau on their business and executives who feels they are not up to the mark in the new world we are living in. I have assembled a team of top notch professionals to assist in the coaching of these group of professionals. They include Dr John Vong who also acts as a consultant to the World Bank amongst other prominent appointments. All the coaches are practitioners to ensure that the attendees get the latest business concepts.

What is unique is that participants will graduate with an action plan to help them get ahead in their chosen career path. In other words, this is not a ‘theoretical’ program but a solution to propel you ahead! The First intake starts in August and is totally sold out. Do visit our webite, www.erc.com.sg for news of the second intake.

ERC Mini MBA:
Sharpen your Business AcumenKey Facilitator Dr. John Vong and Andy Ong

Introduction
Designed for the busy business owner, entrepreneur and senior management skills to value-add to their business operations and improve corporate performance and profitability, the ERC mini MBA distils the essence of the key business management skills from a null MBA into a condensed, easy-to-digest 6 days program for the convenience of today key business leaders.
Delegates can expect to learn key business management skills that will allow them to understand marketing, finance, business and operations, human resource, as well as organizational issues at a management level. All lessons will be delivered under highly practical and applicable methodologies. At the end of the program, delegates will be able to appreciate, read, discuss, plan and execute business strategies.

Benefits
• Learn the best industry business practices and applications• All graduates will be awarded mMBA title
• Trained in various areas of business management skills in the shortest time, geared towards improving business profitable in the most cost effective methods
• Taught by industry experts and business leaders offering practical, up-to-date and easy-to-use business management skills and strategies
• Learn to improve business management skills to increase business performance while managing and controlling resources more effectively and efficiently

Course Outline
• Day 1- Strategic Planing: From a $2 company to a $10 million company
• Day 2- New age Marketing and Sales Management Strategies
• Day 3- Organizational Excellence: Propelling Your People Forward
• Day 4- Finance for Strategic Business Decisions
• Day 5- Operational Excellence & New Project Management
• Day 6- Work Group: Business Consultation Work Day

NO assessment or Assignment needing for this Program

Feel Interesting, Download the brochure and find out more...
http://erc.com.sg/erc-mini-mba-singapore/

Gordon Ethan,
3.30pm
Office

ERC Andy Ong

Andy Ong
Website: http://www.erc.com.sg/
Company: ERC Institute


Mr Andy Ong is the Group CEO of ERC Holdings Pte Ltd. ERC Holdings is the investment holding company of the Entrepreneur’s Resource Centre (ERC). Through ERC’s unique training, funding and mentoring approach, ERC has assisted more than 35 businesses along their way to achieve business success. Mr Ong started his career as a journalist and became Managing Editor of Financial Planner magazine. He is also the Founding President of the Financial Planning Association of Singapore, the trade society for financial services professionals.

Latest Article by Andy Ong
Open Your Eyes! Before it is too late
http://bizsense.andy-ong.com/2011/05/open-your-eyes-before-it-is-too-late.html

World Full of Opportunities – Which One for You?
http://bizsense.andy-ong.com/2011/04/world-full-of-opportunities-which-one.html

You Made my Trip! Your Success is so much more meaningful.
http://bizsense.andy-ong.com/2011/04/you-made-my-trip-your-success-is-so.html

Strategic Steps to Business Success. Focus, focus, focus
http://bizsense.andy-ong.com/2011/04/strategic-steps-to-business-success.html

Evaluating The Affordability Factor When Purchasing Your Home http://www.moolah.asia/article-1260-Evaluating-The-Affordability-Factor-When-Purchasing-Your-Home

3 Key Approaches to Estimating the Value of a Property
http://www.moolah.asia/article-1259-3-Key-Approaches-to-Estimating-the-Value-of-a-Property

Factors That Determine the Value of a Property
http://www.moolah.asia/article-1258-Factors-That-Determine-the-Value-of-a-Property

Important Considerations in Real Estate Investment
http://www.moolah.asia/article-1257-Important-Considerations-in-Real-Estate-Investment

Understanding Property and Liability Risks
http://www.moolah.asia/article-1256-Understanding-Property-and-Liability-Risks

Enjoy reading!! He is a Fantastic Business Man we should learn..

More information please go to:
My Money Sence
http://www.andy-ong.com/
My Business Sence
http://bizsense.andy-ong.com/

Gordon Ethan
11 July 2011