Author: Moneytalk

Retrenchment & Financial Matters

I was retrenched from my job around 3 months ago. It was not an easy experience for me as I went from a daily work routine to a sudden lifestyle of having nothing to do at all. It took a toll on me mentally I guess as our work and occupation forms part of our identity and losing our jobs is akin to having our identity being taken away partially. Thankfully, I found a new job rather quickly in less than 3 months time and I had a few job offers, of which I settled on a job with...

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What is Contra

What is contra ? Contra is the buying or selling of stocks without having to pay for the cost of the stocks. Once you buy the stocks on contra, you will have to sell the stocks after a period of time. At the end of that period, you will have to pay for the difference between your initial buying price and selling price. Currently, the period of time offered by the local brokerages to settle your payment and pay for the difference between the initial buying and selling price is 3 days although the period of time can be...

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How to buy the STI ETF

This post is part of a series of posts that discuss about the STI ETF in detail.  STI ETF is a fund that tracks the Straits Times Index but can be traded like a stock on the stock exchange thus if you wish to purchase or sell it, you will have to buy it on the local stock market. So how does one get started with buying it on the local stock market ? In order to purchase or sell the STI ETF, you will need to open a brokerage account and CDP account. A brokerage account will enable...

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Better deals on high-end properties in Singapore?

Going back to first quarter of 2016, when the most recent deferred payment scheme (by OUE Twin Peaks) was re-introduced to the private residential market, it was initially met with skepticism. However, since then many property analysts have said that it was the re-introduction of the deferred payment that invigorated the luxury high end non-landed residential segment of the market. It took the market by storm with an overwhelming acceptance the payment scheme to the surprise of many. Moving on, the success of such payment plans have become a norm and is slowly being tweaked in many other areas...

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How about paying $1M for HDB flat?

I’m pretty sure you are no stranger to hearing that HDB flats today are being sold at over a million dollars even it is noted that the resale market today for HDB flats has generally stabilized (since 2016). In fact, these million dollar homes are usually DBSS flats. They are the Design, Build and Sell Scheme flats that were introduced by the Housing & Development Board (HDB) back in 2005 offer greater choice and wider variety to meet the housing aspirations of higher income flat buyers for better design and finishes. This Design, Build and Sell Scheme was however...

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Govt raises development charges on Singapore property

Amidst better buying sentiments in the local property market, the Ministry of National Development (MND) has announced increment the of development charges (often known as DC Rates) for the different sectors f the real estate in Singapore. These development charges for levied by the government for the purpose of enhancing the use of selected land parcels or even building bigger developments on it. When interviewed, many industry analysts were not surprised by the increment in the rates. According the Ministry of National Development, the development charges for selected uses such as landed residential, place of worship or civic and...

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Lets look at property investments in 2017

We want to talk about the property market in 2017 and especially if this is the year to start looking property investments again. Ever since the introduction of Total Debt Servicing Ratio (TDSR) back in 2014, the thought of investing properties in Singapore, for most of us, vanished. Comparing this to the year 2010, there was a huge shift in the market sentiment. Between 2010 to the first half of 2013, the buying sentiment was intense, especially given the opportunity low interest rates provides. The property market in Singapore has now gone the what the analysts called “soft-landing especially...

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Retrenchment & Financial Matters

I was retrenched from my job around 3 months ago. It was not an easy experience for me as I went from a daily work routine to a sudden lifestyle of having nothing to do at all. It took a toll on me mentally I guess as our work and occupation forms part of our identity and losing our jobs is akin to having our identity being taken away partially. Thankfully, I found a new job rather quickly in less than 3 months time and I had a few job offers, of which I settled on a job with...

Read More

Retrenchment & Financial Matters

I was retrenched from my job around 3 months ago. It was not an easy experience for me as I went from a daily work routine to a sudden lifestyle of having nothing to do at all. It took a toll on me mentally I guess as our work and occupation forms part of our identity and losing our jobs is akin to having our identity being taken away partially. Thankfully, I found a new job rather quickly in less than 3 months time and I had a few job offers, of which I settled on a job with...

Read More

Using Fund Characteristics Of STI ETF As A Purchase Decision

It has been 4 years since I wrote my last post. A lot of information is now available on easily online as compared to a few years ago when I first wrote about the STI ETF. Some information is now available on the website of the SPDR Straits Times Index ETF. I do get questions from time to time on when is a good time to purchase the STI ETF. You can click on this link to access the official website for the SPDR STI ETF. On the website, you can refer to some information on this ETF under...

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Using Fund Characteristics Of STI ETF As A Purchase Decision

It has been 4 years since I wrote my last post. A lot of information is now available on easily online as compared to a few years ago when I first wrote about the STI ETF. Some information is now available on the website of the SPDR Straits Times Index ETF. I do get questions from time to time on when is a good time to purchase the STI ETF. You can click on this link to access the official website for the SPDR STI ETF. On the website, you can refer to some information on this ETF under...

Read More

The wait that will prove to be worthed the wait

The last time I actually wrote something on this site was a couple of months ago. The reason why I have stopped writing for such a long time is that there is really nothing interesting out there in the market for me to write about as there is nothing which I can capitalize on. Bonds in particular, the Singapore Government Bonds and Treasury Bills are still near their historical yield level which makes any purchase unattractive. Stocks are neither here or there. It is at a price level which is not undervalued enough (at least for me) to purchase...

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The wait that will prove to be worthed the wait

The last time I actually wrote something on this site was a couple of months ago. The reason why I have stopped writing for such a long time is that there is really nothing interesting out there in the market for me to write about as there is nothing which I can capitalize on. Bonds in particular, the Singapore Government Bonds and Treasury Bills are still near their historical yield level which makes any purchase unattractive. Stocks are neither here or there. It is at a price level which is not undervalued enough (at least for me) to purchase...

Read More

Home prices slip but the ‘centre’ still holds

Home prices slip but the ‘centre’ still holds Central region resists overall dip for now, but luxury market also expected to stay flat By KALPANA RASHIWALA from the Business Times, 29th March 2011 Prices of completed private apartments and condos have slipped slightly, overall, as the government’s cooling measures made themselves felt. But those in the most posh part of town are still holding their own. Latest flash estimates for February from the National University of Singapore show a weaker month-on-month performance in price indices compared to January.’The Jan 13 cooling measures are certainly working,’ said Knight Frank chairman...

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Home prices slip but the ‘centre’ still holds

Home prices slip but the ‘centre’ still holdsCentral region resists overall dip for now, but luxury market also expected to stay flat By KALPANA RASHIWALA from the Business Times, 29th March 2011 Prices of completed private apartments and condos have slipped slightly, overall, as the government’s cooling measures made themselves felt. But those in the most posh part of town are still holding their own. Latest flash estimates for February from the National University of Singapore show a weaker month-on-month performance in price indices compared to January. ‘The Jan 13 cooling measures are certainly working,’ said Knight Frank chairman...

Read More

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