The Singapore’s government forecast for inflation is 4.5 to 5.5 per cent this year. The average rate for the past 28 years had been 2 per cent. This means that if you had stashed your money in a biscuit tin, like what some old folks do, the $1000 you have become $667, by compounding the [...]
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If you plan to buy new furniture or furnish your new condo meant for investment, you may want to time when you purchase your furniture. Apparently, March seems to be the time for furniture stores to clear their old stocks to make room for new pieces. I have seen designer brands going for huge reductions [...]
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Once in a while, I’ll see this injured man on TV fretting about money before calling up a lawyer. Then, he gets compensation and has a smile on his face. My friend used to work in such a law firm that helps people fight for compensations. Sometimes, the bills can run up to $100000 or [...]
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Oil and gas investment sounds extremely lucrative, with you getting your money back within 4 years, and then continuing to receive monthly payments for 12 or more years, based on the company’s proposed investment scheme. It could even replace the Annuities scheme from CPF Life if you invest substantially! So are there any risks involved? [...]
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Stretching the dollar may mean penny pinching to some, but it all adds up in the long run. My aunt noticed her colleague buying two watermelons each time she went to the supermarket during lunch time, and wondered why she would always make two trips to the cashier. Probably the colleague had forgotten to take [...]
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Check whether GST is included in the price of the product you are getting before paying. My husband wanted to get a Sony Ericsson P1i phone, and he checked out so many places for the best price. He finally settled on a shop somewhere near town, and got it. It was strange the shop refused [...]
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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 [...]
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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 [...]
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For beginning stock investors, it may be tempting to follow the experts’ advice and put all your money into a few hot stocks. However, research is required and you need to understand some terms. It may be more worthwhile to buy US stocks compared to local stocks. It all depends on how much knowledge you [...]
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