Author: Dr Wealth

[#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...

Read More

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 &...

Read More

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...

Read More

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...

Read More

[#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)...

Read More

Anna Haotanto: “What Losing US$150,000 in Investing Has Taught Me” [BidAndAsk]

The financial industry is generally male-dominated. But this woman is taking up the challenge to level the playing field for aspiring female investors. In this episode of Bid and Ask, we have the pleasure of interviewing a successful lady in the tech-finance scene in Singapore, Anna Haotanto. Anna is the CEO of The New Savvy, a finance, investment, and career platform created by women, for women. In this interview she opens up about the money lessons she had picked up along her journey, as well as: the first steps that young adults must take once they step out into...

Read More

How Much Does It Cost To Travel Europe & Africa For 2 Weeks [Budget Breakdown]

I went on a free-and-easy two-week trip with my wife to Barcelona, Marrakech and Lisbon. Somehow we did something that we had never done before in our previous trips – logging all our expenses. I thought this information might have some value for people who are thinking about the costs of going to Europe. Of course the style of travel varies but nonetheless this article could still be a good reference point. All expenses have been converted to SGD based on the rates we were offered. I have only included key expenses that most travelers would need to commit...

Read More

[#AskDrWealth] How Much Should I Invest in 1 Stock?

“How Much Should I Invest Into 1 Stock?” In this #AskDrWealth episode, we are going to identify:  what’s the minimum amount you should invest, what’s the maximum amount you should invest into 1 stock, and how this should fit into your entire portfolio What is Your True Cost of Investing? Let’s start with the minimum amount. Since 2015, the minimum lot size on SGX has been modified from 1,000 to 100. This means you can buy 100 shares of any stock you desire. For example, if you want to buy 100 shares of Golden Agri (GSX:E5H) at $0.355, you’ll...

Read More

These 5 Charts Show You How Much S’pore Top CEOs Earn Per Year

You have probably known that our ministers are one of the highest paid profession in Singapore. But what about the pay of S’pore top CEOs? Lucky for us we have published income report from MOM and remuneration disclosure from annual reports of SGX-listed companies to conduct our research. Since we are talking about top CEOs the easiest way to start is to look at Singapore 30 largest blue chip companies. Here is the 5 charts we have put together for you. What Is The Pay Gap Between Top CEOs & Salaried...

Read More

[#AskDrWealth] The Most Successful Company in Europe

Have you ever shopped at Zara? Did you know that the holding company of Zara is actually the largest apparel retailer in the world? And that’s larger than H&M! And even Uniqlo (by the company, Fast Retailing)! Today, in this special edition of #AskDrWealth, we take a trip from Singapore to Barcelona, Spain. While Alvin is there, he chanced upon a Zara while shopping. So…we’ll talk about Zara today! Its holding company is Inditex which is the most successful company in Europe. So here are some fun facts~ Amancio Ortega is the founder of Zara. He has a net worth...

Read More

Best Electricity Retailer Plans for Singaporeans

If you have been footing the electricity bills of your household, you would know that helpless feeling when the tariffs increase and you LL have to pay more for power. With the upcoming launch of the Open Electricity Market in Singapore, this will change. We compared 68 plans across 14 electricity retailers to bring you this guide. In...

Read More

Ex-Motley Fool Analyst Reveals Why Asia Will Breed The Most Millionaire Investors In The Next 10 Yrs [BidAndAsk]

The Asian stock market is rapidly growing. Are there hidden opportunities for you to grow your wealth as an Asian investor? In this session of BidAndAsk, we interview someone who believes in the Asian stock market so much that he wrote a book and built a website about it! Meet Stanley Lim. Founder of Value Invest Asia, ex-Motley Fool analyst and CFA. Recently, he wrote a book “Value Investing in...

Read More

We Analysed 1,300 Data From 6 S’pore Telcos. Here’s What We Found About The Best Mobile Plans Of 2018.

6 telcos. And too many mobile plan options to count. We went through all of them, and their fine print (i.e. terms and conditions) to bring you this condensed article on the Best Singapore Mobile Plans in 2018. In summary: Cheapest Telco Plan: Starhub Lite, 12 months SIM-ONLY Plan ($228.15/year) Best Data Plan: Zero1’s unlimited data plan, comes with 200mins talktime, 200 SMS too ($401.60/year)* terms and conditions apply Cheapest iPhone Telco Plan: Starhub Lite, 12 months SIM-ONLY Plan + new 64GB iPhone from Carousell (only $1,856) Best Data iPhone Telco Plan: Zero1’s unlimited data plan + new 64GB iPhone...

Read More

Sheng Siong vs Dairy Farm vs NTUC Fairprice – Which Singapore Supermarket Stock To Invest In?

Singapore households spend about $424 per month on groceries, on average. Given that we have a population of about 5.6 million people, imagine the amount of moolah that the supermarkets are raking in every month! Now, wouldn’t it be great if some of that goes back into your pocket on a consistent basis? 3 Major Supermarket Companies in Singapore There are 4 common supermarkets in Singapore: NTUC Fairprice, Cold Storage, Giant, Sheng Siong Of these supermarkets, Dairy Farm (SGX:D01) which owns Cold Storage, Giant and more) as well as Sheng Siong (SGX:OV8) are listed on the Singapore Exchange (SGX). NTUC Fairprice is a...

Read More

[#AskDrWealth] What’s the Difference Between Cum Dividend & Ex Dividend

Can’t watch the video now? Scroll down for the full article: If you have ever freaked out when your share price dipped after your stock went XD, this article is for you. In this installment of the #AskDrWealth series, we are going to unravel that mystery for you. We’ll be breaking down the dividend distribution process, giving you the differences between cum dividend and ex dividend, and explain why you shouldn’t freak out (or invest) when prices dip during XD. Let’s get into it: What is a Dividend? Before anything else, let us establish a common understanding of what...

Read More

Like us on Facebook

Follow us on Twitter