Thursday, October 27, 2011

Security at the airport

The security procedures at Changi airport is excessive and is causing a lot of inconvenience. Here is my experience.

1. On arrival at the airport terminal, I have to screen my bags. Why is this necessary when the bags are also screened at the check-in counter and at the boarding room?  I suspect that this is to prevent a bomb going off before check-in. Is this so important?

2. Before entering the departure hall, I have to show my ticket and passport to the policeman.

3. After going through the automated gates and have my finger printed, there are still people to look at my passport. I recall that this procedure was implemented when someone passed the immigration desk though with a wrong passport. Do we need to over-react to this mistake by introducing another set of check?

4. Before entering the boarding room, I have to go through a detailed screening. The laptop and mobile phones and other metallic objects have to be removed  In spite of removing so many items, it is likely that the metal detector will beep and subject me to a physical check.

5. I still have to show my passport to the staff who scan my ticket.

Altogether, I have to show my passport three times and have my bags scanned twice. I suspect that more requirements will be introduced to combat other security concerns. The question is - are these measures overdone?


In the name of security

In the name of security, we do many unnecessary things and cause a lot of hassle to the ordinary people. This makes life stressful.

Look at the excessive security in the airport. I do not mind the necessary security, but the excessive security does not make sense. I shall talk about some of these excessive measures.

Look at the need to register your particulars before you enter a building. It is a regular affair. Why do they need to spend the time to record people entering into a building? How many records are being kept? Are they of any use? In fact, I am worried that the records could be abused - as it is intrusion on privacy. Is privacy and the rights of the individuals important in Singapore also?

With all the excessive security in some places, why is SMRT not paying sufficient attention to prevent outsiders from entering into their depots? Surely, this is more important than checking all the visitors to a building?

We need to speak up on measures that intrude into our lives, and do not serve a useful purpose.

Investor's guide to investing in gold

http://tankinlian.com/admin/file.aspx?id=587

A friend sent me this guide to investing in gold. Reading through this document, one can see that there are many ways of investing in various types of gold products, but the investor should be careful about selecting the trusted parties, as there is a real risk that some of these products are fraudulent. I know of a product which offers a buyback guarantee, but the investor did not know that he is paying for the gold at 50% higher than its real market value!

A safe way is to invest in gold bullion, but it is a big hassle to store the gold. It may be safer to invest in the Gold ETF (e.g. the ETF managed by SPDR) or to invest in gold futures through a regulated exchange.