There are many IPOs of local and foreign firms available and people are making big bucks! I have not been successful so far. Some people have likened getting IPOs to striking the lottery. I have tried applying twice, and I only managed to waste $4 on charges. I used Internet Banking to bid, and would [...]
Popularity: 6% [?]
There’s a bubble forming in India. Property Prices have risen 16% a year over the past four years, well ahead of average income. In some parts of India, the prices have doubled twice. Now that mortgage rates have increased sharply, property prices in Mumbai and Bangalore have already started to fall. The stock market is [...]
Popularity: 3% [?]
The Economist publishes a Big Mac Index, which is a guide to how far currencies are from fair value, based on the prices of a Big Mac at McDonalds all over the world. Based on the guide published on July 7th 2007, the Singapore dollar is considered 24% undervalued against the American currency. This is [...]
Popularity: 4% [?]
Brokerage Charges are so hefty for small time investors! My first trades were conducted last week, and due to my small investment, I had to pay a minimum sum of $25 per trade, instead of a small percentage. I bought two stocks, which meant that I had to pay $50. As one of the stocks [...]
Popularity: 1% [?]
Recently, my company got someone down during one of our meetings to talk about saving and loans programme at a co-op. The rates are better than banks. Many people quite keen to sign up for the savings and fixed deposits. To them, earning 2% was a fantastic rate. However, there are other ways of growing [...]
Popularity: 3% [?]
With a number of expensive stock markets, there are still attractive markets in the world. Do you know where you can still make money? Apart from expensive markets such as India and China, there are others in Asia and Europe. This is based on my reflection by an article by Lorna Tan in The Sunday [...]
Popularity: 2% [?]
With a booming stock market everywhere, is it time to sell? An article in The Straits Times by Lorna Tan summarise some of the markets that are overpriced and those that are still attractive. One way is to buy unit trusts that focus on the various countries. Another way to buy into markets from all [...]
Popularity: 2% [?]
How to make money: Buy something that is in hot demand to sell to others Apple’s iPhone attracted huge crowds according to Bloomberg. Apple Fans Rush to Stores as IPhone Makes U.S. Debut (Update1) By Connie Guglielmo June 30 (Bloomberg) — Apple Inc.’s iPhone debuted to crowds in U.S. cities from New York to San [...]
Popularity: 2% [?]