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 income tax […]
Popularity: 14% [?]
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: 18% [?]
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 all, […]
Popularity: 15% [?]
How do you know whether a recession is approaching? One of the indicators is to watch the shares of retailers. They are the first to get hit. Another indicator is to look at how much money parents are giving to children.
I managed to do a quick survey with some teenagers on the amount of pocket […]
Popularity: 11% [?]
A bubble is forming in Hang Seng stock market, warns the HK Monetary Chief. The Hang Seng Index had risen 40% in 2 months, which I had finally caught on to 15% in a month on my new unit trust, and this clearly shows that there will be volatility soon. The stock prices had risen […]
Popularity: 11% [?]
When people think about investing, they forget that buying stocks provides you with an ownership interest in the company that is selling the stocks. Usually stocks are traded at a price above the real earnings of the company. This helps the investor to see whether it is undervalued or overvalued.
Another term for stocks is equities. […]
Popularity: 13% [?]
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 any […]
Popularity: 27% [?]
Gold prices are at a 27-year high. Diamonds are a girl’s best friends, but gold is every investor’s best friend. There is value from buying gold and there are many ways to go about buying gold. How can we get our hands on gold?
1. Buy gold jewellery.
Unfortunately, I don’t think I can get past the […]
Popularity: 16% [?]
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: 7% [?]
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: 5% [?]