Author: Dr Wealth

What Are Convertible Unsecured Loan Stocks (CULS)

We have invested in Malaysian stocks for more than a year and have noticed some uniqueness about them. One of which is the use of the Convertible Unsecured Loan Stock (CULS) in some Malaysian stocks. ‘Bond’ First, Stock Later CULS is like a bond, which offers a fixed interest coupon payment to the holders. It also has the feature of a convertible bond, which allow the holder to convert the CULS into the company stock at maturity date, at a predetermined conversion rate and price. It would be easier to explain with an example. Advance Synergy Berhad issued a 10-year Irredeemable Convertible...

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SRS Account Singapore Guide 2019: How to Start, Schemes & Penalty

It is no secret that Singapore is one of the lowest income tax rate countries in the world.  But wouldn’t it be better if you could pay even less taxes and save more for the future? After all, a dollar saved is a dollar earned.  “So how?” you might wonder. Today you will learn a government tax savings program called Supplementary Retirement Scheme. Here, we will cover what is SRS about, how to set it up, how much tax savings can you get and whether is it worth considering it. So without further ado let’s start! What Is Supplementary...

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What Is compareFIRST? A Singapore Direct Purchase Insurance Online Portal

Launched this week, the compareFIRST web portal allows comparison of about 200 life insurance products, including the new suite of Direct Purchase Insurance products. Have you had a chance to visit the new compareFIRST portal? Arguably the first of its kind in the world, compareFIRST allows consumers to compare about 200 life insurance products offered by a dozen insurance companies in Singapore. It is the first such “regulated” life insurance portal offered on a national basis. Unlike other overseas web portals (like in the United Kingdom), which are run by commercial entities and often criticised for biased pushing of...

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Why John Bogle is A Hero

It was (almost) all over the news. John Bogle’s passed away. John Bogle was an unwanted superstar in the finance industry. Most people desire to feel belonged to a group and would go along with the majority. Moreover, most dissidents get crushed. But once in a while, a dissident would emerge and relentlessly fight against the establishment for what is just. John Bogle was such a hero. Instead of ripping off customers, he was fighting for the financial industry to make less money. How well liked could he be then? I bet there are people who hated Bogle even...

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Singapore Deposit Insurance: What Is It, Coverage & Amount

I received a few letters from my insurers to inform me that they have been included under the Policy Owners’ Protection Scheme (PPF Scheme). This scheme is administered by Singapore Deposit Insurance Corporation (SDIC), a company that is created by the Government of Singapore to look after small depositors and policy owners’ interests. The other scheme, Deposit Insurance Scheme, protects your bank deposits. DEPOSIT INSURANCE SCHEME This scheme started in 2006 and several amendments were made since 2008. It was apt to have this policy in place during the Global Financial Crisis where confidence was obviously shaken with financial...

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SGX Academy & Courses: Everything You Need To Know (2019)

Investing is one of the keys to achieving financial security. Relying on your salary and savings to become financially secure might not bring the results that you are looking for. Also the earlier you start, the better it is. However, the problem is that investment is not easy to learn. It takes time, effort and money to figure out and it would be best for you to find some help when it comes to understanding the basics of investment. Hence today’s topic on the Singapore Exchange (SGX) Academy.  What is SGX Academy? SGX Academy is the leading provider of investor...

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Should You Invest Your CPF Money in Stocks?

[embedded content] 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...

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How to Generate Passive Income from Investing

Passive Income. Who doesn’t dream of owning it? But be warned: You’ll need to sacrifice something before you can own it. In this guide, you’ll discover 5 ways to generate passive income. Some easier than others. But all would require some effort from your part.  Let’s jump right into it and get you started as fast as we can: What is Passive Income? The Definition of Passive Income You see, passive income doesn’t come easy. You will need to spend a minimal amount of effort and time to build it up. And here’s how you can create passive income:...

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What is a Robo-Advisor? Here Are 5 You Should Consider (2019)

As the world moves on to higher advancements in technology, the wealth management industry can’t help but to cope with it as well. One thing that stems out from this is what is now called “Robo-Advisors”. Robo-Advisors are undeniably becoming more and more popular in the investment industry. That is why it is not a surprise that one of the growing financial centres in the world is joining in on this: Singapore. If you have no idea what this is about, then count yourself lucky. We are here to provide you the necessary information about it. But most importantly,...

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What Is An Accredited Investor and How Do I Know If I’m One Of Them?

Singapore is arguably growing into one of the competitive financial centers. One of those who help establish that is the increasing number of high networth individuals. This has then spun a financial status that people may want to subscribe: accredited investor. Becoming an accredited investor may sound fancy at first. However, due to events such as that of Swiber, many investors are slowly starting to shy away from this status. The charm is slowly dying out due to the potential risks attached to it. For those of you who are still new to this, it helps to back yourself...

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How To Generate Stock Ideas With SGX Stockfacts Screener

As a new investor, part of what you should be doing is leveraging on tools to improve your decision-making, save time and effort. One important tool that can help you achieve that is a stock screener. Today, you will learn about what a stock screener is, and how you can use SGX Stockfacts to discover investment opportunities. The best part? It’s FREE. So let’s begin! What You’ll Discover Here (click to navigate) What is a Stock Screener? Before we get into SGX StockFacts, let’s talk about what a stock screener is and why you should use it. A stock...

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Singapore Corporate & Retail Bonds: A Simple Guide (2019)

Today we are going to cover an asset class that not many Singaporean knows about. They are not stocks, not REITs, and definitely not your typical savings accounts that pay 0.5% interest rate -.-. They are bonds. Today you will learn what retail bonds are about, and how you could use it to diversify your investment and achieve a stress-free predictable return.  Previously, we have also wrote about Singapore Government Securities and Singapore Savings Bonds. So let’s begin! What Are Bonds #1. Bonds Are Debt Companies can raise capital in a number of ways. They could go to the market...

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What Are Penny Stocks? 6 Things You Need To Know (2019)

Penny stocks sound so enticing for first-time investors due to its low trading prices. That is why it is easy to understand how a number of people often engage with penny stocks; most especially in Singapore where the penny stock frenzy is still at a rage. However, there is more to penny stocks than meets the eye. Even with its low value, it has the potential for big losses. Take for example this account. So before you decide of trading penny stocks Singapore, it is better to equip yourself with a handful of knowledge about that matter. To help...

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Why You Should Not ‘Play’ Stocks But Invest In It

One of the most used and thrown around term when it comes to investing is ‘playing stocks’. Usually, people think that playing is the same as investing. However, there is a huge difference between the two. As we all know, Singapore’s financial industry is very active. With this, there are a number of people exposed to investing speculating. While there are some who are good at it, there are others who fail. One reason for this is the misconception of ‘playing stocks’. So before you fall into this pit, we have here in this article the necessary information you...

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How to Trade Forex? – Your Risks/ Returns in Forex Trading

Did you know that forex exchange market is the largest financial market in the world and it is many times larger than of stock market? It is no surprise that forex trading has taken off in Singapore over the past couple years. In this article we will share with you what forex trading is about. Click here to gain instant access to our 5 Multi-Millionaire Trading Gurus (100+ Years of Experience) Share Their Most Powerful Trading Secrets special video. What is Forex Trading? As the business industry moves to being global, people and entities need negotiable tools to effectuate transactions....

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