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: 8% [?]
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: 5% [?]
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: 3% [?]
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: 5% [?]
I’m sure many of you have moved house before, but have you seen people moving real houses? I watched that on the Discovery channel or something similar, and people who had grown accustomed to their houses actually want to move the entire house to a new site. Some of them may use trucks and other [...]
Popularity: 2% [?]
Good news for singles above 35 who want to live in HDB flat. HDB will now give up to $20000 for singles who buy a resale flat. Currently they get $11000 grant, but if they choose to live near their parents, then they will get an additional $9000. Too bad my friend bought his a [...]
Popularity: 2% [?]
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: 3% [?]
After putting in money in your SRS account to reduce your tax payments, what do you do with it? The agent bank I put my money in offered an extremely low interest rate, to the point of being negligible. If you factor in the inflation rate of 6%, your money would have been lost. One [...]
Popularity: 5% [?]
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: 5% [?]
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: 5% [?]