World’s Biggest Hedge Fund Returns Are Found in Tiny Singapore

[helpme_please]

Singapore and japan are best managed country in the world. low crime, gun control, government is not corrupted, and few people on food stamps. do you agree?

I absolutely agree about the safety aspects. Low crime, guns are banned (death penalty for anyone who fires a gun), e-cigarettes are banned, heroin is banned (death penalty for drug trafficking), chewing gum is banned, clean government. No need to bribe government officials when you do business here. Best of all, zero capital gains tax. Wonderful for traders.

 

[helpme_please]

Oh big time. But that comes at the cost of significantly less freedom. However, quite often you just don't seem to notice that. The super high levels of civility and safety seem to wash over you. It's a drug from the Benevolent Dictatorship.

Don't know what you mean by less freedom. I live in Singapore. I have complete freedom to make money. Minimal government inteference when it comes to making money. That's the kind of freedom I want and care about.

 

[trend2009]

I absolutely agree about the safety aspects. Low crime, guns are banned (death penalty for anyone who fires a gun), e-cigarettes are banned, heroin is banned (death penalty for drug trafficking), chewing gum is banned, clean government. No need to bribe government officials when you do business here. Best of all, zero capital gains tax. Wonderful for traders.

are you sure it is zero capital tax in Singapore? my memory says it is 15%

 

[helpme_please]

are you sure it is zero capital tax in Singapore? my memory says it is 15%

Zero. I'm a Singaporean. Zero capital gains tax since day one.
Government makes up from other taxes. Singaporeans pay for the most expensive cars in the world. Same goes for cigarettes. And 7% consumption tax. Taxes for property speculators.

 

[themickey]

I disagree with you about hot chicks, given the small population. If you want hot chicks, you've a better chance in countries with bigger population like China, U.S

Hot chicks are in Oz.

 

[2FT]

I disagree with you about hot chicks, given the small population. If you want hot chicks, you've a better chance in countries with bigger population like China, U.S

Average, not absolute number. Average. The average is very high. Skinny, pretty, stylish, happy and friendly (and educated)... all at the same time... is normal. Not so in the US etc.

China for sure. But there is something SE Asian in the mix in Singapore.

And don't mention the low tax regime. Lucky bastards.

 

[helpme_please]

Hot chicks are in Oz.
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View attachment 215348

Ozzie men must be trained to be tough, with hot chicks like that. Good luck.

 

[trend2009]

Zero. I'm a Singaporean. Zero capital gains tax since day one.
Government makes up from other taxes. Singaporeans pay for the most expensive cars in the world. Same goes for cigarettes. And 7% consumption tax. Taxes for property speculators.

it is hard to immigrate to Singapore?

 

[2FT]

Don't know what you mean by less freedom. I live in Singapore. I have complete freedom to make money. That's the kind of freedom I want.

It wasn't a criticism. But, Freedom runs deep in the human spirit. It is hard to define. Sing aint free. But for the most, it doesn't matter one bit in Singapore... except for that human spirit nagging back in the head.

Anyway, visit there often and want to live there. Will be the 6th major venue I have lived, and the time is right.

 

[helpme_please]

It wasn't a criticism. But, Freedom runs deep in the human spirit. It is hard to define. Sing aint free. But for the most, it doesn't matter one bit in Singapore... except for that human spirit nagging back in the head.

Anyway, visit there often and want to live there. Will be the 6th major venue I have lived, and the time is right.

I see. Freedom is subjective. For me, I don't feel restricted living in Singapore. So, happy here.

Some Singaporeans prefer U.S/Australia/New Zealand because they can afford to live in bigger houses and cheaper cars. It's all subjective.