Three ways to become rich in Singapore Part II

In my previous post "Three ways to become rich in Singapore", I have some readers providing feed-backs and comments. I appreciate readers for taking precious time to read my blog postings and provide their valuable comments. One of my readers commented that "dividend investing" can also make you rich. Whilst I agree that investing in fixed income, be it stocks or unit trusts, is considered a … [Read more...]

Three ways to become rich in Singapore

Many Singaporeans would agree that the cost of living is very high in Singapore. This is especially so during the few years in view of the rising inflation. In spite of the global economic downturn, unemployment rate remains low in Singapore. But most Singaporeans struggle with the rising costs, as their salaries remain stagnant. Henceforth, most of us are concerned whether we would make enough … [Read more...]

Investment Notebook: Investment Principles

For the past few days I have been doing spring cleaning and happened to flip through my investment notebook. I went through some of the interesting lessons learnt during the period 2007-2009. The collapse of the Lehman Brothers really changed the investment world forever and the old strategy of holding stocks for the long term for capital appreciation no longer works. In view of this, all of us … [Read more...]

ACE Startups

The Action Community for Entrepreneurship announced on 19 Jan 2012 that it will be providing funding, networks and mentorship to 500 startups in an effort to promote entrepreneurship in Singapore. Under this new programme called Ace Startups, Singaporeans and permanent residents who are first time entrepreneurs can receive up to $50,000 in a one-off grant for their startups. One interesting … [Read more...]

My Investment Notebook

I started my investment journey more than 10 years ago when I was serving my National Service. By then, I had bought 2 lots of Unisteel using my brother's account and I remember I had invested about SGD2000. Unisteel is a company specialized in producing fasteners and screws for computer hard-disk drives. By and large, it was a successful investment as the stock price increased substantially … [Read more...]

Funding options

I was doing some research on funding options for entrepreneurs in Singapore and decided to blog down some of my newly-acquired knowledge. We have often heard about angel investors, venture capitalists, seed funding and incubators. Many question and wonder the roles, involvement and motives of these various categories of investors with regards to the development of enterprises. Hope this article … [Read more...]