Author: SG Young Investment

Beware of potential scams when investing. Trouble is a friend or foe?

There has been a small discussion on potential scams recently. I’ve written first on Gold scams in the past here. There was even a family that lost close to a Million in the Gold scam. So you may ask how do we know if it’s a potential scam? One thing to take note is these companies may not look like scams at first. They actually promise the payout to investors and many got their promised interest. It’s only after awhile that the whole thing collapse. Maybe that’s their way of attracting more potential victims before disappearing into thin air....

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How much money is needed to get married and start a family in Singapore?

Starting a family of your own is part and parcel of life. It sounds interesting to get married, get your first house and then have children. It may seem exciting but it actually requires a lot of responsibility and commitment from both the husband as well as the wife. We all know that wedding and buying a house may be the 2 biggest expenses which we will face in our life. If we can have a glimpse of the cost involved and prepare in advance, then I think we can go through this process with our dearest more easily...

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Where does the free money come from?

About the Guest Author​ The guest author of this blog post is Mr. Torgny Persson. Torgny is the founder and CEO of the Singaporean company BullionStar.com where you can buy gold and buy silver. Torgny is also the founder of the Swedish bullion dealer LibertySilver.se as well as the Estonian bullion dealer Liberty Silver.ee. Torgny has a Master´s degree in Economics and has 10 years experience as a gold market expert and bullion dealer. Where does the free money come from? As a kid I was always fascinated by the interest appearing in the savings book at the end...

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Teaching Children to Be Financially Savvy

Teaching children about the value of money from a young age will make them responsible adults when they grow up. Read on to know how this can be made possible. Parents are a child’s first role models for learning money management skills. Teaching them simple steps to save money and to make the best use of it, will help them in a long way. Supporting habits of saving and practicing the age old theory of reward for work will make them understand the basics in a better way. Have a look at simple tips that can make children money...

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The benefits of investing when you’re young

During secondary school days, I always remember we have to do maths question on simple interest and compound interest. As my maths was not very good during my younger days(often failing my exams), i only understood simple interest but cannot seem to understand the concept of compound interest. I remembered I spent a lot of time looking at the question, putting the numbers in my calculator just to find out how compound interest works. Through the patience of a good maths teacher in secondary school, i manage to get quite a reasonable grade during my O levels and it...

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A couple should buy a 3 room HDB flat if combined gross income is less than $4000

A couple should buy a 3 room HDB flat if combined gross income is less than $4000. This means, if a couple, both are diploma holders and just started working, they most likely will not be able to afford a 4 room flat. let’s find out why. Are you planning to apply for a BTO flat? Do you know the flat size which you are eligible for? Many couples apply for a HDB flat 2-3 years before they get married. Sometimes your other half has not even started working yet. This is to ensure that they have their own...

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The HDB blog post which touched the nerves of Singaporeans and attracted more than 60,000 views in 3 days

I’m sure many of you have seen my post on How much money does a couple need to earn in order to afford a $300,000 HDB flat? This post actually actually attracted more than 60,000 views over the past 3 days with 5.1k Facebook likes. I couldn’t believe it myself either as my blog has only on average 16k views per month. The past 3 days views broke my 4 months record. The post is still being shared until today and attracting more readers even now. Of course this means that buying a HDB flat is a concern and big decision...

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Is Yongnam’s disappointing FY2013 financial result a concern?

Yongnam reported its 2013 full year result just yesterday. I have friends and colleagues coming to tell me that Yongnam’s profit drop drastically and its shocking. Yes it is if you’re just looking at the numbers. Yongnam’s net profit actually dropped by a whooping 87.3% from 43.5 million to just 5.5 million. EPS dropped from 3.45 in FY2012 to 0.44 in FY2013. I’m vested in this company since August last year so i should be concern right? Or maybe not. Ok, enough of the bad numbers. Let’s look at what happened. Firstly, revenue actually increased by 19.9% for them...

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Top 10 concerns of young Singaporeans

1) Don’t touch my Whatsapp Facebook bought over WhatsApp? Don’t really know what will happen. Maybe its a good thing. Want to charge me over the use of WhatsApp? Everyone stands up and object! In the end its a misunderstanding and may not happen at all. But you can see how powerful is social media. It spreads like wildfire in a few hours. 2) Wedding cost how much? Many young Singaporeans know wedding costs a bomb. The wedding gowns, the wedding photos, the wedding rings and finally the most expensive wedding banquet. Then there’s this article on a $120k...

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How much money do you need to own a condominium in Singapore?

Previously i blog on “How much money does a couple need to earn in order to afford a $300,000 HDB flat? Some of you may be interested to know how much money you need to own a condominium instead. This post will tell you whether you can afford one of those luxurious property in Singapore. Staying in a condominium feels different from staying in a HDB flat. There is security, a swimming pool, a gym, barbecue pits and also the feeling of a high end living environment. It gives someone a rich feeling perhaps? Nowadays condominiums are going high tech....

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How much money does a couple need to earn in order to afford a $300,000 HDB flat?

You have been dating your partner for the past few years and now it seems like the time to settle down. Apart from the proposals and wedding preparations, most couples will apply for a HDB BTO flat even before they get married. This is to ensure they have their house ready for them to move in by the time they get married. This is the dream of owning a home of your own for many young couples. Everyone knows that property prices have risen by a substantial amount over the past few years. Young people are getting increasingly worried...

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Baker Technology: A cash cow company

This is the first time i’m doing a write up on this company called Baker Technology. I’ve been invested in it since the beginning of 2012 and dividend yield has been great so far. This company has no debt at all with quite a big stash of cash kept away. It’s cash position stands at S$205.9 Million currently. This translates to a cash of 23.6 cents per share. At the current trading price of 0.31 cents, isn’t it a good bargain?  Credits: www.bakertech.com.sg As stated on its website:  Baker Technology Limited (Baker Tech) is a leading manufacturer and provider of...

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How banks make their money and why we should learn from them?

When we play the game monopoly, we know that the bank is rich and everyone pays to the bank when they buy a deed of land. In our real world, we know that banks are rich as almost everyone deposits money in the bank. So how do banks make money?  Banks lend out money and earn from the interest. This is the primary business of a bank. The business of the bankBanks do the same thing over and over again. Take the money they have, lend it out with interest, get back the money with interest and lend it...

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Teens in Singapore to Learn How to Manage Finances

Teens learning to manage finances early in life will be a revolutionary shift as far as Singapore’s growth in the areas of education and economics is concerned. Read on to know what the program is about and how it’ll operate! Even though Singapore already has a high literacy rate and is already the international hub of education, the Government of Singapore is keen to educate its young generation on how to better manage finances. As a practical step ahead in this direction, ‘teens studying finances’ will be a definite part of MoneySense, the country’s national financial education program. What...

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Croesus Retail trust 2nd Quarter results beats forecast. DPU 3.1% higher than forecast

Croesus retail trust has another quarter of DPU which is higher than its forecast. Final DPU is 5.24cents which will be payable in march. This is good news for shareholders of this trust. I’ve initiated a long position in November last year at a price of 0.875. After the announcement of good earnings, the stock price closed at 0.915 today. Another good news for shareholders. Credit: http://www.croesusretailtrust.com/html/portfolio_moriya.php Fundamentals wise, this trust remains strong and outlook remains positive. They have 4 shopping malls under them and all have approximately 100% occupancy rate. 100% of their total debt has been swapped to...

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