MoneyOwl just launched WiseSaver and here’s what you should know
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MoneyOwl just launched WiseSaver and here’s what you should know

MoneyOwl has just launched a new product called WiseSaver which aims to provide investors with higher returns than retail deposits, e.g. fixed deposits, Singapore Saving Bonds with no lock-in period for absolute liquidity. By investing through WiseSaver, you are looking at a return of 0.79% p.a., which is the gross indicative yield of the underlying cash…

4 questions to ask yourself before investing in alternative investments

4 questions to ask yourself before investing in alternative investments

Over the past few years, I’ve noticed that Singaporeans have gotten more savvy with managing their personal finances and have gotten more sophisticated in their investment choices. Because of that, we are seeing more and more alternative investments being introduced to Singaporeans. I think it’s a good thing because we are exposed to more investment…

Why everyone should have at least one side hustle
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Why everyone should have at least one side hustle

What is a side hustle A side hustle is any type of employment that is undertaken in addition to your full-time job. A side hustle is usually performed either freelance or piecework, providing you with a supplemental income. Side hustles are often things that you are passionate about, unlike your typical day job that you…

Essential or non-essential: Only you can make that decision
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Essential or non-essential: Only you can make that decision

Straits Times commissioned Milieu Insight, a Singapore-based consumer research firm to carry out. The online survey of around 1,000 respondents aged 16 and above was done from June 5 to 8 with a nationally representative sampling across age, gender and income groups to capture how people’s perceptions of essential workers have changed, if at all,…

Why I decided to reprice my home loan with DBS
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Why I decided to reprice my home loan with DBS

In recent news, there was a report about banks experiencing an increase in the number of home loan refinancing applications. This was because banks have lowered their interest rates on loans that are pegged to the Singapore Inter-Bank Offered Rate (SIBOR). SIBOR is the rate at which banks borrow from one another and because of…