Just on Sunday, I spoke to an acquitance whom I met many years ago. He just moved to Singapore and is in the finance industry. I asked him whether it was possible for those who were not in the industry to move in, but it was rather tough. And as someone coming from the banking […]
Popularity: 11% [?]
Warren Buffet, at the annual Berkshire’s meeting with the shareholders, spoke about the future of his fund. He predicted that the US currency is going to depreciate against other major currencies, so the best thing was to invest in companies that had substantial earnings in other currencies. Some of the US MNCs earn more from […]
Popularity: 16% [?]
Land banking in US still attracts a sizeable crowd. I did not meet the sales consultant for a few weeks, and she told me the project she had introduced to me was more or less sold out. She then introduced another project in Texas to me. I promptly bought it.
Some of the risks for such […]
Popularity: 21% [?]
Self-Serve ATMs would probably be introduced in Singapore next year. They are supposed to be multi-functional, and you can even deposit cheques and pay bills on top of other normal activities. One point made by the interviewee on Channelnewsasia.com said that the traffic in Orchard Road is very high, and it would be unacceptable for […]
Popularity: 14% [?]
Credit card statements that arrive in our mailbox every month may be read and chucked aside. We would then proceed to write a cheque or do internet banking to pay the bills. Have you ever stopped to check through every item that appears on the monthly statement account for your credit cards?
I just received one […]
Popularity: 15% [?]
Quitting your job may be a difficult decision, but sometimes, you may get so upset and stressed at work that continuing on for that sum of money may be extremely detrimental to your mental and physical health. You may not have a job waiting for you, but you really have to quit. Before you take […]
Popularity: 16% [?]
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: 25% [?]
I’ve got a good bonus recently, and I’m itching to change my 4 and a half year old car. The rubber in front that protects the car engine has dropped, and I have no time to get that fixed. Interestingly, my father says the car owner who has the exact same colour and model as […]
Popularity: 23% [?]
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% [?]
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 […]
Popularity: 22% [?]