Author: iMoney - Singapore

How to Begin Trading Shares in Singapore

Based on your trading inclination, your selected interests and risk preference, you may opt for remarkable and appealing companies you want to buy shares in the list of the stock exchange market of your choice. Do you want to get on with share trading in Singapore and you don’t know where to initiate?  Today is your lucky day. The following is a step-by-step procedure on how to trade shares in a plain and easy manner. Step 1:  Gain Knowledge of Your Market There is a wide assortment of stock markets available all around the globe. The most popular among...

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Generate Dividends Via Share Trading

A dividend is an amount of money rewarded or paid in a regular manner (usually quarterly) by a corporation/company to its shareholders Have you ever stumbled on the terms “dividends” and “share trading” but you don’t know what they mean? A dividend is an amount of money rewarded or paid in a regular manner (usually quarterly) by a corporation/company to its shareholders. Seems knotty and complex?  Not at all, if you have an idea what they are. But if you are a newbie in share trading, below you will find all the things you have to know concerning the...

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All the Important Elements of a Travel Insurance in Singapore

Travel insurance grants you and your loved ones protection Have you ever considered packing in your luggage a travel insurance together with the usual passport, flight tickets, cell phones, sunscreens, hats and fancy clothes?  Probably not. This is so because most travellers do not have a notion of the advantages of having a travel insurance. Unexpected events usually happen whether you are in a pleasure trip to Thailand or in a business trip to the Canary Islands. Thus, it is always wise and appropriate to consider getting a travel insurance to have the needed quietude while you are abroad....

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Usual Travel Insurance Coverage Plan in Singapore

So what does a travel insurance usually cover? In this day and age, a travel insurance is the proper solution to all your travel apprehensions and needs. The principal motivation for getting a travel insurance is to assist you and to facilitate you in times of emergencies, regardless of their nature.  Normally, the price of a travel insurance in Singapore depends on your age, duration of travel and destination. The coverage and benefits of travel insurances can also diverge and vary among insurance companies.  Furthermore, particular exclusions are also defined in your travel insurance policy. At this point you...

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Guidelines for Purchasing a Travel Insurance in Singapore

There are essential considerations you should bear in mind when selecting and buying for a travel insurance in Singapore So what kind of travel insurance is suitable for your travel exigencies?  As you have observed, lots of travel insurance packages and alternatives are available in Singapore. For this reason, it is only up to you to select among the lot. The fact is travel insurances may offer you protection and security from the unexpected during your travel.  Nevertheless, travel insurances can become dear and expensive for some people. Here are some of the essential considerations you should bear in...

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Various Travel Insurance Packages and Options in Singapore

The most complicated thing to do is to select which travel insurance is a best fit for your exigencies The most complicated thing to do is to select which travel insurance is a best fit for your exigencies. This is so because there are lots of travel insurance packages and options available in Singapore. Thus, it is essential to spend some time in considering and evaluating these options by making a list of the benefits and the coverage you wish to have from a travel insurance. Some of the benefits include reimbursement for lost or stolen luggage, medical expenses,...

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How to Make a Travel Insurance Claim in Singapore

It is very important for a travel insurance holder to have a complete grasp on how to deal with travel emergencies and with the claim payment process Are you still wondering how to make a successful travel insurance claim? It is very important for a travel insurance holder to have a complete grasp on how to deal with travel emergencies and with the claim payment process. There are lots of elements to be considered in the travel insurance field, the following outline will facilitate you with the standard travel insurance claim procedure. Things To Do In Case Of a...

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Motivations for Denied Travel Insurance Claims in Singapore

The most frustrating part happens when your travel insurance claim gets denied and fails to cover what you have imagined. Nowadays, a travel insurance has become one of the essential parts to thrust in the luggage of  resourceful travellers.  This is so because people would like to have all the serenity, protection against the unpredicted and concern for their wellbeing whenever they are out of the country.  However, the most frustrating part happens  when your travel insurance claim gets denied and fails to cover what you have imagined.  The following are some of the usual motivations why certain claims...

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Essential Aspects of a Savings Account in Singapore

The standard procedure for applying for a new savings account in Singapore is plain and straightforward Like any other financial product, there is a wide assortment of savings account in Singapore. For this reason, it is important to evaluate your everyday exigencies before selecting the type of savings account you wish to open. The following will give you a comprehensive idea on the usual transactions you can take up with your savings account: Common Use of a Savings Account Save Your Money in a Protected Place Govern Your Financial Transactions Regular Payment of Your Bills E-banking International and Local...

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How to Open a Savings Account in Singapore

A savings account is a kind of bank account that permits you to keep your money in a protected place and, at the same time, provides you with some little interest every month Congratulations. Your decision to open a savings account in Singapore is the best way to moderate your expenditures and to save your hardly-earned money in a protected place. In one way or another, all of us have heard of savings account, but the truth is we are still not familiar with the many aspects involved in having a savings account.  If you wish to have more...

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Why a Savings Account is a Lifesaver

Even though a savings account may not be as popular nowadays, it might still be worthwhile taking a look at such bank product. Many people go without saving. But wise men have already taught us that if we save something now, we are better equipped for the future. Even though using a savings account to accumulate interest may not be very popular nowadays, it might still be worthwhile to actually take a look at such bank product. Types of savings account As implied in the name, a savings account lets you accumulate money under your name. It can be...

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What is A Mortgage Loan? And Where and Who Do I Get It From?

A mortgage loan (or often just known as “mortgage”) is a loan used to buy property. In a mortgage loan, you (the borrower) give the lender (often a bank) rights to a property until you completely pay off the required payments along with interest. What is a Mortgage Loan? A mortgage loan (or often just known as “mortgage”) is a loan used to buy property. In a mortgage loan, you (the borrower) give the lender (often a bank) rights to a property until you completely pay off the required payments along with interest. To put it in simple words, when...

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Types of Home Loans in Singapore

In general, home loan products in Singapore can be categorised into two different groups – conventional and HDB home loan With a variety of offerings of home loan products in Singapore, it is not surprising that many consumers struggle to differentiate between the different types of home loans. In general, home loan products in Singapore can be categorised into two different groups – conventional and HDB home loan. Let’s take a quick look at the difference between the two: Conventional Home loan Conventional home loan accounts for a large majority of the total home loans in the market. In...

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Everything About Home Loan Interest Rate

Interest is a fee charged by banks for lending you money. Essentially, interest is like “rent on money” Interest is a fee charged by banks for lending you money. Essentially, interest is like “rent on money”. In Singapore, housing loan interest rates are usually pegged to Singapore Interbank Offer rate (SIBOR) plus a spread. For example, if the current SIBOR is 1%, the interest rate on a “SIBOR +1.25%%” loan would be 2.25%. What is SIBOR? SIBOR stands for Singapore Interbank Offered Rate and is a daily reference rate based on the interest rates at which banks offer to...

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5 Things Affecting Your Housing Loan Interest Rate

factors that could influence the interest rate on your home loan There are a number of factors that have an influence on the interest rate you are paying for your home loan. Some are external factors (such as the state of the economy) which are beyond your control, while others (e.g. your credit score) you may have some influence over. Let’s try to understand some of these factors: Singapore Interbank Offer Rate (SIBOR) Singapore fixed rate mortgage loans only have a fixed rate for the initial 1 to 5 years. Thereafter, your mortgage loan will most likely be pegged...

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