In December last year, I received a letter from Oxley WorldBridge, the property developer for The Bridge. In the letter, it was mentioned that my Cambodia property is completing ahead of time and they attached a payment notice for final payment. That means it’s time for me to pay up the remaining 50% of the…
A number of robo-advisory startups have sprouted in Singapore in the last 2 years. They provide financial advice or portfolio management online with moderate to minimal human intervention in exchange for lower management fees. Most of the decision making is based on mathematical rules or algorithms. I’ve been monitoring startups like AutoWealth, StashAway and Smartly who…
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…