Boris Johnson NOT Running For Tory Leadership!

Breaking NEWS!!!
 

Brexit would be catalyst for a better Britain, claims Hargreaves Lansdown founder

Peter Hargreaves is co-founder of Hargreaves Lansdown, one of UK's largest financial services business.  He has come out to say that Britain leaving the EU would be better for Britain.  Notably, he is one of the minority business people who have taken the position.

And it must certainly be a great compliment to Singapore when he also said,

"When Singapore became independent from Malaysia, that little insecurity that they were no longer part of Malaysia, it was an inspiration. I honestly think that would be good for us too."

Singapore must be one of the few, if not the only, ex-colony that its colonial master turns to for inspiration!

http://www.telegraph.co.uk/business/2016/03/18/brexit-would-be-catalyst-for-a-better-britain-claims-hargreaves/

Majulah Singapura!

Here is how far Singapore has become.  Check out our fireworks display at the Marina Bay to usher in 2016.


And here is our mobile column during the Singapore National Day Parade. SG50! From AMX-13 to Leopard Tanks.

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Phoenix Palace London near Baker Street Dim Sum

We had lunch at a Chinese restaurant called Phoenix Palace, which was very near Baker Street Tube station. The website of this restaurant - http://www.phoenixpalace.co.uk/ This restaurant has existed since at least we were students in London, so coming back here was good. It was just a short walk from Regent's Park.

This is the video of the food we had.


A rather large mural.


A glimpse of the menu.

The restaurant was rather large. Quiet when we got there (they just opened) but more and more people started to stream in, during lunch hours.

The dried beef Hor Fun which was very tasty indeed!

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Stratford, London, Walking Around

Stratford, London, walking around, including Westfield Shopping Center.



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Gold Bar, Gold Bar! (Bank of England Museum)

All that glitters is not Gold
From young, this I have been told
But what is this in my hand?
Just a yellow piece of hardened sand?

No, no, this is Gold
7kg or 16lbs, my hand can hold
Bank of England, yeah Angle Land
Oh what a treat, this is grand!



Bank of England Museum
http://www.bankofengland.co.uk/education/Pages/museum/visiting/default.aspx

The Bank of England is the United Kingdom’s central bank. It has a unique role in our economy, promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. However our Museum is about much more than money! Discover the history of the Bank, its buildings, and the people who have shaped it over more than 300 years!

ViewHeathrow London Heathrow Terminal 4 Observation Deck

London Heathrow Terminal 4 - View Heathrow.  This is a great place for plane spotting!

 

UK Hotel Projects Failure - Singaporeans Lost Money

Losing money.  The project looked very enticing.  Buy a hotel room. Get a high return, promised - 8% of property cost on an annual basis.  That was the promised return.  Wow.  Cool.  The hotel brand looked reputable - IBIS.  Let's jump in.

Then the scheme started to unwind, because of financial issues with the company (Hotel Options) that sold the hotel rooms to investors.  This company was already in financial trouble, when selling these hotel rooms to the investors.  Now the company is under administration as the creditors took legal action against this company.

Obviously, this company did not reveal all these financial problems to the investors when they were marketing the products.

We have no invested in such instruments (like Hotel Rooms, Student Accommodation) for many reasons.

Another important reason - how do you 'own' a hotel room?  What rights do you have to that "room"? It is very different from owning a property in the UK, be it a studio apartment, a one or two bedroom apartment or even a house.  You get a proper title deed lodged with the UK Land Registry.

Suffice to say, be aware of all the risks before you jump into such investment.  When things look too good to be true, they usually are.

Thanks for reading.