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Land banking has been around for a few decades. I only found out about it recently when I went for the investor talk. It was at the same location I found out about oil and gas investment. What landbanking does is to select big parcels of agricultural land that are near developed areas before they [...]
Popularity: 16% [?]
April 9th, 2008 | Posted in Investment | 16 Comments
Make sure you file your income tax returns before April 15. Do not wait till the last moment. Some Common Filing Mistakes 1. Declare all income. Winnings from Toto and 4D are not considered income as they are windfalls. I wonder whether this is true or not, but apparently for those who want to cheat on [...]
Popularity: 8% [?]
April 7th, 2008 | Posted in Income Tax | No Comments
With some of the prices of precious metals and commodities hitting the roof, I thought it would be clearer to look at the percentage change than just raw figures. With fears of recession in US, these are some investments that are considered safe during times of crisis. Item Last Year’s Prices This Year’s Prices % [...]
Popularity: 9% [?]
March 18th, 2008 | Posted in Gold, Oil | 1 Comment
Regarding my previous posts on Oilpods, I went to consult my ex-colleague who is an astute investor. I trust what he says. He had previously mentioned something about oil barrels, and hence I sought his opinion on whether he had heard of them. It turned out that the one he was talking about is the [...]
Popularity: 9% [?]
March 3rd, 2008 | Posted in Investment, Oil | 2 Comments
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? [...]
Popularity: 11% [?]
March 2nd, 2008 | Posted in Investment, Oil | 7 Comments
With oil prices shooting up, why not own part of some oil wells in the United States and make money from a business investment? I went to the Asia Trader and Investor Convention 2008 at Suntec today, and a sales rep from Oilpods approached me to explain oil and gas investment to me. First of [...]
Popularity: 10% [?]
March 2nd, 2008 | Posted in Investment, Oil | 10 Comments
Selemat Hari Raya Aidilfitri to all Muslim readers! My friend told me that he had changed $1000 worth of money so that he can give to his younger relatives and his elders. How can he make the money back since he is unmarried and do not have any children? Muslims are prohibited from engaging in [...]
Popularity: 15% [?]
October 13th, 2007 | Posted in Unit Trust | No Comments