Do you believe in dollar cost averaging or lump sum investment? Over the past few years, I’m a firm believer on the former. But do I practice what I preach? That’s a whole different story. The ammunition is there but no bullets were fired While I’m consistently socking money away in my investment war chest,…
Unless you’ve been hiding in North Korea, you’ve probably know a little about the US presidential election that Donald Trump has been campaigning for a long time now. Most of the information probably revolves around the crap he spews every time they put a mike in front of him. What some of my friends consider…
The Supplementary Retirement Scheme (SRS) was started in 2011 2001 and is part of the Singapore government’s multi-pronged strategy to address the financial needs of a greying population by helping Singaporeans to save more for their old age. It is operated by the private sector (mainly local banks). Participating in SRS is voluntary and you can contribute…
Every few years, an investment scam surfaces and clears the coffers of naive investors. Whether it is some miracle water or precious gold bars, smooth-talking salespeople will try to get you to part with your life savings in exchange for them with promises of buying them back later at a higher price. We see scams…
So you worked hard all year in your job and your manager is happy with your performance. Your reward at the end of the financial year as an employee, will be a monetary reward like a performance or year-end bonus. Congratulations! In the current economy, the extra dollars can be hard to come by and…
Many blogs and websites have wrote about their views about why you should not pay off your home mortgage early. They advocate that you should keep your low interest home mortgage for as long as possible while investing the rest of your money in investment instruments that offer a much higher potential return. In this…