Archive for July, 2007
Donating to charity is great, but getting double tax deduction to reduce the amount of chargeable income tax is even better . You can even get tickets to a play for free when you donate! Giving to charity is a good way of giving back to society and helping the less fortunate. There are many […]
Popularity: 16% [?]
July 30th, 2007 | Posted in Donation, Income Tax | 4 Comments
The CPF website offers many online calculators to let you calculate your money and one of the useful tools I have found is the retirement calculator. It came as a shock when I saw the results. If I want to retire at the age of 40, and get $3000 a month for 30 years, I […]
Popularity: 11% [?]
July 30th, 2007 | Posted in Retirement | No Comments
Curious about wine investment in Singapore, I asked some of my friends on what they think about wine investments. One friend told me that I should have done that three years ago, when they were first introduced in Singapore, since prices were lower then. This should that there was room for growth in investing in […]
Popularity: 47% [?]
July 29th, 2007 | Posted in Wine, Investment | 36 Comments
Internet businesses need to offer credit card facilities for transactions. Apart from using Paypal, there are also other credit card merchants available on the Internet. It is important to have a reliable merchant. Ms Merchant Account is one such company that offers the internet business retailer easy access to transact credit card payments.
I have friends […]
Popularity: 9% [?]
July 28th, 2007 | Posted in Credit Cards | 7 Comments
Invest Fair 2007 in Singapore will be here on 25 and 26 August. If you would like to find out more about various instruments such as CFDs, Forex, ETF, land and wine investments, warrants and certificates, it is a good opportunity to go for the free seminars at InvestFair 2007. It would be held at […]
Popularity: 40% [?]
July 25th, 2007 | Posted in ETF, Wine, Structured Product, Seminar, IPOs, Investment, Property, Unit Trust, Stocks, Foreign Currency | 3 Comments
Pinnacle Notes or any other structured products are not as straightforward as they look. They are not worth the trouble. They appear to offer good returns of up to 8.8%, but the investor takes the bulk of the risk. My friend asked me whether she should invest in Pinnacle Notes Series 8. She is someone […]
Popularity: 36% [?]
July 24th, 2007 | Posted in Structured Product, Investment, Stocks | 5 Comments
Citibank is offering a credit card for young people from 18-35 and earns less than $30000, the minimum sum for credit card applications for the longest time. The great thing is this group of people get to have the benefits of having a credit card as mentioned in my earlier post.
They plan to allow up […]
Popularity: 14% [?]
July 19th, 2007 | Posted in Credit Cards | 2 Comments
Fancy investing in fine wine? Some wines have appreciated sharply in value. 1961 Chateau Latour (100 points by R. Parker) cost just £25 a case when released. It’s worth between £20,000 and £35. That’s a whopping 140000% increase, according to equitywine.com.
While at the gym today, I picked up a copy of I.S Magazine and the […]
Popularity: 19% [?]
July 19th, 2007 | Posted in Wine, Investment | 7 Comments
Do you think paying $850 more in income tax each year is nothing much? Wait till you see how much you are losing at the end of 30 years (it’s a mind-boggling six-digit sum!) Make use of Supplementary Retirement Scheme (SRS) by introduced by our government. I’ve talked about how SRS worked in my previous post. […]
Popularity: 19% [?]
July 15th, 2007 | Posted in ETF, SRS, Investment | 5 Comments
I have heard about Supplementary Retirement Scheme (SRS) from a forum and a colleague. A woman wrote in the forum that she has more than $250000 within 5 years of working, and she made used of the SRS to save. I was a little curious, but did not think that I earned enough to require […]
Popularity: 19% [?]
July 14th, 2007 | Posted in SRS, Income Tax | 9 Comments