Author: Dr Wealth

The Real Singapore Inc. — Why We Don’t Have A Global Company

Exactly one hundred and ninety nine years ago, Sir Stamford Raffles arrived onto the island of Singapore. Appointed the Governor General of Bencoolen just a few months before, he had recently convinced his superior in India to fund a new British base in the region. Singapore had a lot of things in her favour. There was an excellent harbour that could provide shelter for merchant ships and an abundance of fresh water and timber for ship repairs. Most importantly, the Dutch have yet to establish a presence in Singapore. Raffles wasted no time. Within a week of his arrival,...

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My Thoughts About Nikko AM SGD Investment Grade Corporate Bond ETF

In this article, I will provide my personal views and have an open discussion with you on the recently launched bond ETF: Nikko AM SGD Investment Grade Corporate Bond ETF. If haven’t heard of it, this is a new product created by Nikko AM and you can find more information about the bond ETF over here. 1. IOP of an ETF is unlike IPO of a stock There is no need to rush to subscribe the bond ETF during IOP (Initial Offering Period). For subscription of the bond ETF during the IOP, you will get all units for the...

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PropNex vs APAC Realty (ERA): The Battle Of Two Real Estate Broking Giants

What a time for PropNex to list on the SGX! Within days more property cooling measures were announced and PropNex share price tanked over 20% in a day! Could this be an investment opportunity? The two largest real estate broking agencies in Singapore have tapped the capital markets to fund their business expansion. ERA (or APAC Realty – the name of the listed entity) was listed on 28 Sep 2017 while PropNex is planning to list on 2 Jul 2018. They both topped the real estate agent count in Singapore. #1 Real estate broking is an asset-light business, so...

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#AskDrWealth If I Invest In DCA and Price Goes Down Should I Cut Loss?

In this session of #AskDrWealth, we are going to address one of our readers concerns pertaining to investing in Dollar Cost Averaging. Last week, we received an email from a reader asking about his regular investment plan, or as some people know it, Dollar Cost Averaging. He asked: “When the share price goes lower, or even in downward trend, shouldn’t he be selling the shares and prevent further losses?” He also added: “Because regular savings plan are always invested or executed on every month, what if on that day the share price is on the downtrend, wouldn’t that be...

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A Day In The Life Of A Millionaire Trader With Robin Ho

Many of us dream of becoming a full time trader. We dream of being in command behind the numerous computer monitors. We dream of making lots of money with nothing but our wits and guts. We dream of never needing to report to a boss. In reality, trading is an extremely difficult game.  Only the top few traders are able to stay long enough and make good profits in the long run. For the rest, it remains a dream. Recently, I had a chance to shadow one of the top traders in Singapore, Robin Ho. I was able to...

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[BidAndAsk] The Traders’ Blueprint – No B.S. Interview With 4 Battle-Scarred Traders

In today’s BidAndAsk series, we invited the four authors from The Traders’ Blueprint: Winning Strategies for Profiting from Stocks, Forex, Commodities and Options. You’ll learn what it takes to become a profitable trader. Learn more In this video, you will discover:  What exactly is The Traders’ Blueprint and why they came together and wrote the book.  Common misconceptions about trading they have often encountered Their biggest trading losses and how you can avoid What are their best advice to traders who are completely new What would they recommend for someone who wants to quit their 9-5 and start trading...

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Opinion: Why I Think CareShield Life Is Good For You With $600 Monthly Payout…

Did you know that 50% of healthy Singaporeans over the age of 65 could become severely disabled , according to MOH. CareShield Life was introduced on 27 May 2018. It is a plan that to replace the existing Eldeshield by year 2020. CareShield Life provides higher monthly payout ($600/month) for lifetime if the person unable to perform 3 activities of daily livings (ADLs), while existing Eldershield provides $400/month for 6 years. You can find out more about CareShield Life here and here. I have received many comments on social media and from my clients, all of them carry different...

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Opinion: Why Do Paper Generals and SMRT Technicians Have Different Views About Singaporeans’ Lives

These two commentaries made their rounds in Facebook recently and they probably touched some nerves of Singaporeans. What struck me was that both were opposites but each had garnered attention. On one hand, one complained about Singaporeans having unreasonable expectations of our Government – citing that we want Singapore to be the best in many areas in the world. It alluded that Singaporeans’ source of unhappiness is over-expectations and the solution would be to lower the expectations in order to be happy. So simple! The other commenter complained about a typical Singaporean’s life whereby he works a lot but...

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Financial GPS by DBS: How To Avoid Overspending & Achieve Your Life Goals With This Awesome App!

I love money and getting my finances organised is one of the key things in life for me. This is so that I do not need to fret about money. Getting my finances organised has always been one of my key priorities in life. This is so that I do not need to fret about money. I have always admired financial bloggers 15HWW and BULLy the BEAR. They are able to track their financial expenses down to the very last cent. And they do it religiously every day, every month, every year. Come rain or shine, hail or high...

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How RoboAdvisor ‘StashAway’ Protects and Grow Your Money Using Tech

In this episode of the BidandAsk series with us here at DrWealth, we talk to the man who saw a gap in the financial industry here in Singapore and filled it. We have the opportunity to talk to Michele Ferrario. He is the co-founder of StashAway, through which he brought the presence of Robo advisors here in Singapore and has since given people financial opportunities and knowledge. How Did StashAway Start? StashAway started a year and a half ago. However, the inspiration came from when Michele faced a problem with the accumulation of his cash. But long before that,...

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[#AskDrWealth] Should I Invest My CPF Money in Stocks?

Should you use CPF to invest in stock or should you just leave your money in CPF to collect the 2.5% interest in your ordinary account? These are the questions most newbie investors in Singapore encounter. Which is why, in this episode of the #AskDrWealth series, we are going to tell you two key considerations to help you with the decision. Let’s begin! But First, Studies Before we begin, let us first put everything in context. Let us run through a study stage and find out about some statistics about CPF. So for those members who invest their CPF...

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DBS vs UOB vs OCBC: Dividends, Cheapness & Growth [Analysis]

Ask any investors whether bank stocks are good investment. Chances are many will say yes. They will praise about their infallible market position and powerful balance sheet. But the truth is, banks are naturally leveraged companies and their Debt-to-Equity Ratios can be at least 500%! That means should a bank run occurs they won’t be able to meet all immediate depositor’s demand. They can still bankrupt. Your investment value can still fall to ZERO! Since banks’ financial statements are totally different than your run-of-the-mill stocks I will NOT be using factor-based investing strategies. Instead, I’ll be evaluating their cheapness &...

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24 Cheapest Places to Park in Orchard For Smart Drivers (Map)

Last Sunday, I had to drive down to Orchard. Let’s face it. Orchard is a nightmare for drivers. Finding a place to park is a pain. And when you see your parking fee, you’ll feel even more pain. But if you are left with no choice but to drive there, this article is here to help you find the cheapest place to park. In short, we’ve covered: Cheapest place to park near Orchard Ion Cheapest place to park near Far East Plaza Cheapest place to park near Ngee Ann City Cheapest place to park near Orchard Central Cheapest place...

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The Child in Our Basement

Ursula Le Guin’s ‘The Ones Who Walk Away from Omelas’ is one of the most haunting and thought provoking short story I have ever read. If you have fifteen minutes to spare and you fancy a brain f$%k, do read it in its entirety. The story began innocently enough. In the city of Omelas, nestled against the sea cradled by the snowcapped mountains in the distance, the Festival of Summer is just about underway. Gaiety is in full swing. In other streets the music beat faster, a shimmering of gong and tambourine, and the people went dancing, the procession was a dance. Children dodged in and...

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[#AskDrWealth] Fundamental Analysis vs Technical Analysis – Which Works Better?

One of the highly debated topics in the financial world is: Fundamental Analysis vs Technical Analysis With all the debate in the industry, it’s little wonder that aspiring investors and traders are confused on which is better for them. In today’s episode of #AskDrWealth, we are going to help you determine the most suitable approach for your risk appetite and investing style. We’ll discuss: the differences between Fundamental Analysis and Technical Analysis, the limits to each of the approaches and which one do we prefer So let us get right into it! What is Fundamental Analysis? Fundamental Analysis (FA)...

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