Just came back from hiking in Jia Yi farmland recently. 24c and windy weather. Excellence walk on some unplanned and very secluded locations. Used pedometer and the max day count is 20268 which could be more than 12 km. Quite an adventure I would say especially walking pass 3 unchained street dogs and a traditional cemetery hill plus a 1 km detour. I do not find it appropriate to take a snap ... kind of regretted.
This is probably the kind of life i love to have when retired. Travelling around the country and going to unknown places. Of course safely. Free from the dynamics of the market especially recent trade disputes while my money works for me. A trial run i guess.
We are in early rattle of possible trade war between China and America. And if this further deepen we could see significant impacts to trade between the two countries. Some economists think Russia, Australia and others may benefits. I think there maybe short spike of demand but we could see a global reduction in demand after due to more expensive cost inputs to production reducing affordability. Therefore recession could be on the card to many countries since America is a key driver to world consumption. China is no small market either even though the goods are of lower pricing relatively.
I do not see how Trump and aides would come down from this stance. There is some fair logic in his argument and he tries to do what he says he would. People who are against him will be fired. So the only main recourse I think would be to watch China closely till the next presidential election. Whether PRC would want a peaceful development for next 20 years or a major detour they have to do their calculation as manufacturing base will re-locate away from China to other Asian locations as time goes by. Once they start moving it will be hard for them to come back.
What i did is to build up my war chest for now. Potential max dividend from SG equity reduced to less than 38K. So if I am wrong, I won't be too bad. With SSB, further Treasury and FD, this would help mitigate. I also took profit from some of my US holding. I guess this level of cash is good for stable property installments ... and time for more local hikings in Taiwan.
Cory
20180408
This is probably the kind of life i love to have when retired. Travelling around the country and going to unknown places. Of course safely. Free from the dynamics of the market especially recent trade disputes while my money works for me. A trial run i guess.
We are in early rattle of possible trade war between China and America. And if this further deepen we could see significant impacts to trade between the two countries. Some economists think Russia, Australia and others may benefits. I think there maybe short spike of demand but we could see a global reduction in demand after due to more expensive cost inputs to production reducing affordability. Therefore recession could be on the card to many countries since America is a key driver to world consumption. China is no small market either even though the goods are of lower pricing relatively.
I do not see how Trump and aides would come down from this stance. There is some fair logic in his argument and he tries to do what he says he would. People who are against him will be fired. So the only main recourse I think would be to watch China closely till the next presidential election. Whether PRC would want a peaceful development for next 20 years or a major detour they have to do their calculation as manufacturing base will re-locate away from China to other Asian locations as time goes by. Once they start moving it will be hard for them to come back.
What i did is to build up my war chest for now. Potential max dividend from SG equity reduced to less than 38K. So if I am wrong, I won't be too bad. With SSB, further Treasury and FD, this would help mitigate. I also took profit from some of my US holding. I guess this level of cash is good for stable property installments ... and time for more local hikings in Taiwan.
Cory
20180408
