Author: SG Young Investment

7 factors that differentiate rich people from normal people

The media is filled with images of how a wealthy or rich person lives his or her life. Big houses, big cars, branded goods are what we commonly see. Often, luxurious items are associated with rich people. To the extent, many people pursue all these luxurious items thinking that the more they own all these, the richer they are. Nothing could be further from the truth. In Singapore, we’ve heard of the 5Cs. They are Cars, Condominium, Credit Cards, Cash and Country Club. This is again associated with the rich and people believe that owning all these will categorize...

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How to Invest in Gold Bullion?

How to Invest in Gold Bullion Precious metals are naturally occurring metallic compounds of high economic value because of their rarity. Gold bullion is the more popular precious metal that is frequently selected by investors because this precious metal is often used as a hedge or harbor against economic uncertainty. Bullion is a bulk form of gold, and gold bullion is frequently traded on prominent commodities markets. Gold bullion can be traded as a commodity that is significantly affected by the central banking industry and the international monetary fund, for example. Credit: www.123rf.com Getting Started in Gold Investing Gold bullion...

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8 days Hanoi, Halong Bay and Sapa trip at $600

Previously, i’ve blog about my Taiwan trip where i spend only $705 for 8 days. I’m an avid traveller who loves to plan my own free and easy travel in a simple and budget way. This kind of travelling adds a little spice of adventure and makes it more interesting compared to the usual luxurious travel. I can customise my tour and choose to travel only to the places that i want. This is a post on my North Vietnam trip in 2012. Places visited consist of Hanoi which was the first stop. Halong bay is the next with...

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Dream $110k wedding ends in debt

If you’ve read MyPaper , you would have realised the following story: Dream $110k wedding ends in debt. People say wedding is a once in a lifetime event so its a lot of young couples dream to have a grand wedding. Or is it more about face, pride and ego where the more money you spend on your wedding, the greater pride you have? No doubt our society has changed where we always want to have better material posessions than others. Better clothes, better phones, better houses, better cars and better weddings. Often, all these materialism seeking ends up...

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The fall of Lehman Brothers

Lehman Brothers was one of the oldest investment bank on Wall St. Now, we know that this big bank has become a history. How did the bankruptcy of one bank lead to one of the greatest financial crisis in the world? If you did not know, the 2008 global financial crisis was said to be the 2nd worst financial crisis in the world just after the famous great depression. The crisis was so bad that US had to embark on QE from then till now. Billions of dollars have already been injected into the economy to stabilise it. One...

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New year resolutions and investment strategies for 2014

A new year a new beginning. Its the first day of 2014. Everyone would be busy at work, school etc. I took leave on this first day to really think and pen my thoughts down for the new year ahead. I will also be penning down some investment strategies that I would be embarking on for this year. New year resolutions for 2014 1)  Full time Work I’ve been in my current company for 3 years and 3 months. Even though I’ll be switching career sometime in the near future, I feel that I should still use my time...

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HDB resale prices took 10 years to recover from a crash

Property price! Property price! Property price! Why does property price keep rising? This has been a much talked about topic for quite some time. Everyone talks about rising property prices but why doesn’t anyone remember falling property prices? I’ll tell you a secret. It took HDB prices 10 years to recover from a crash! Yes, 10 long years. Now what was I doing 10 years ago? I was still in secondary school. To be exact, the crash happened in 1997 when I was just 9 years old. So how did I know or remember it? The truth is I...

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Are you a logical or an emotional investor?

In life, there are logical and emotional people. Which one are you? Which kind of personality will be more successful in investing? What is logical and what is emotional? Being logical is liken to being rational. Logical people use facts to reason out life. They are known to be reasonable people who work in accordance to rules of logic. They are most likely good in analysis, computer coding and IT stuffs. Being emotional on the other hand is liken to being irrational. Emotional people make decisions base on their feelings or gut feel. They are sometimes known as unreasonable...

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A success story – Olivia Lum, the person who created water for Singapore

In this next success story, i’m bringing to you Olivia Lum, founder and Group CEO of Hyflux group. I’m sure you have heard of this company before but you may not know the success story behind it. In a rare video i’m about to show you, it depicts Olivia’s journey towards success and how she manage to achieve all that she has now. According to Forbes, Olivia is Singapore’s 27th richest person with an estimated net worth of $460 Million. She was originally from Malaysia, living in a small town of Kampur in Perak, Malaysia. In her younger days,...

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Reflections for 2013

In a few days time, 2013 will come to a close. It is time to reflect on this year before setting resolutions for next year. So here goes. Finances I’ve finished paying the school fees for my part time degree course. It has been tough juggling with work and school but i’m glad i’ve survived another year. Total school fees paid was about $15000. After paying for school fees, i’m still able to have savings from my salary which is a good thing. Without a huge chunk of my money going towards paying for school fees from now onwards,...

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Company in focus – Hutchison Port Holdings Trust

Hutchison Port Holdings Trust (“HPH Trust”) is the first publicly traded container port business trust. HPH trust is a subsidiary of Hutchison Whampoa Limited. This company is owned by Hong Kong’s billionaire Li Ka Shing. The IPO on SGX was deemed one of the largest in Singapore. Since trading on SGX, the stock has fallen by quite a bit and this has caught my attention. It has fallen from a high of 0.86 to the current price of 0.64. This is already a 25% drop. HPH Trust’s portfolio consists of controlling interests in world class deep-water container port assets,...

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Is it possible to make financial plans without hiring a financial planner? [Guest Post]

Maybe you have wondered in the past whether it is possible to make some of the financial plans such as retirement strategy and investment management of your own or not. If you are still wondering on the issue than here is the answer – yes, you can! Making your financial planning effectively without paying for a financial planner is very well possible if you know your financial position right and are sure what to expect in future. For instance, if you have a good idea on how much your current yearly expenses are, how much will the average Inflation...

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Changing the world

“When I was young and free and my imagination had no limits,I dreamed of changing the world. As I grew older and wiser, I discovered the world would not change, so I shortened my sights some what and decided to change only my country. But it, too, seemed immovable. As I grew into my twilight years, in one last desperate attempt, I settled for changing only my family, those closest to me, but alas, they would have none of it. And now, as lie on my deathbed, I suddenly realize: If I had only changed myself first, then by...

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Towards the end of December and year 2013

In a few weeks time, we’ll be saying bye to 2013 and welcome the year 2014. Yet another year has passed and it feels like time passes faster every year. I’ve been busy with work and exams lately thus the decrease in blog posts for the past 1 week. Now that exams are over, i’ll have time to blog again. As i start my journey as a blogger this year, i realise every single thing that i encountered in life gives me inspiration for a blog post. Many things can be linked to finance and i think you would...

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A generation of instant gratification – The cause of unhappiness

In our current generation, everything moves at the speed of light. Information can be attained and transferred almost immediately. Gone are the days of snail mail where you have to wait 2-3 days to receive a mail. Gone are the days where you have to walk hours from your school back to your kampong house. Gone are the days where you have to wait for someone at a location and couldn’t contact him because you didn’t have a mobile phone. Growing up in the 80s and 90s I too was born into an era where most things were made...

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