Yes! There is interest on your CPF Housing Grant, BUT…

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No, this is not another pro-government blog post. Neither is this another anti-government post. This is purely a post to make sense of the article posted by The Online Citizen. The Online Citizen recently published a post called 6 things you weren't told about the CPF housing grant. We thought that the content was really new and surprising and that spurred us to do our own research if it was … [Read more...]

What is Contra Trading?

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Contra Trading, is the act of 1) buying a stock and selling it before payment date 2) selling a stock and buying it back before payment date In Singapore, after a trade is executed, you have three working days before you need to pay the total cost of the stock. If you buy a stock on Monday, you are only required to pay the total cost of the trade on Thursday. However, in contra trade, you … [Read more...]

Crowdfunding: Can it ever be secured?

Now you might be thinking we are hypocrites right now, with all the contrasting views on one topic. Well, that is precisely the reason why we setup this site. It is to provide our two cents on finance related topics so that you can have a more holistic view on issues that impact your finances.Crowdfunding has been around for quite some time and Singaporean investors are definitely aware of this … [Read more...]

When Crowdfunding Fails

Before I proceed, let me make it absolutely clear that I have nothing against crowdfunding. I believe the basic principle behind crowdfunding is sound, and, in a perfect world, it would boost innovation and provide talented, creative people with an opportunity to turn their dreams into reality. Unfortunately, we live in the real world, and therefore it’s time for a reality … [Read more...]

Singapore Budget 2017 – U-SAVE GST Vouchers

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Announced on the 20th February 2017's Singapore Budget, Singaporeans will receive their annual U-SAVE GST vouchers for year 2017. The U-SAVE GST Voucher is used to help households reduce their utility bills. This year, there will be an increase in the U-SAVE Vouchers to help families cope with their utility bills that are set to rise. The amount will increase by $40-$120, depending on flat … [Read more...]

Singapore Budget 2017 – GST Vouchers

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Announced on the 20th February 2017's Singapore Budget, Singaporeans will receive their annual GST vouchers for year 2017. In addition to the normal GST vouchers, this year (like last year), the Government will provide a one-time Special GST Voucher - a Bonus! You will receive a letter in July how much you will get from your GST Voucher.Recommended Post: Singapore Retirement, Re-Employment, CPF … [Read more...]

Should You Invest in the Trump Presidency?

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The stock market is down for the first year of a Republican President - excluding the first year he got re-election. We looked back to data from ex-President George W. Bush in 2001 to ex-US President Dwight D. Eisenhower in 1953. We show below the price of the S&P500 for the first year of a Republican President Orange reflects the price at the start of the month Blue reflects the … [Read more...]

Stock Market’s Performance in the First Year of a Republican President

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The stock market is down for the first year of a Republican President - excluding the first year he got re-election. We looked back to data from ex-President George W. Bush in 2001 to ex-US President Dwight D. Eisenhower in 1953. We show below the price of the S&P500 for the first year of a Republican President Orange reflects the price at the start of the month Blue reflects … [Read more...]

Unemployment with Artificial Intelligence and Automation

Automation and Artificial Intelligence (AI) is a big discussion topic at the World Economic Forum meeting at Davos. Many prominent speakers from politicians to business leaders spoke of both the pros and cons of it. Even in Singapore, our local media has recently published an article that half of the world's jobs can be gone if businesses just adopt the existing technologies. 30% of what most of … [Read more...]

CPF Home Loan or Bank Loan?

Buying a HDB flat for the first time can be an intimidating experience. It is probably the first big ticket purchase in your life that will take the next couple of decades to pay off, so you would definitely want to rake in as much savings as you can. Perhaps you have not really thought about what kind of loan to take up. If you do not already know, you have a choice between taking up a HDB loan … [Read more...]

Singapore Retirement Age, Re-Employment Age and CPF Withdrawal Age

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As a follow up to our previous post on the Misconception Singaporeans have on the Re-Employment Age, we decided to go further and explain the difference between Singapore's Retirement Age, Re-Employment Age and CPF Withdrawal Age.Singapore Retirement Age Singapore's Retirement Age is set at 62. This means that your employer cannot ask you to retire before you reach 62. This does not mean that you … [Read more...]

Genting Singapore: a possible rekindled flame?

Back in December 2016, the Japanese government has passed a law that allows casino gambling in integrated resorts which includes hotels and entertainment lodges. Despite the long-standing proposal of this bill, Mr Shinzo Abe was determined to be the one to carry it through and this has certainly hit his public popularity whereby it was stated by a poll from Kyodo news agency, public approval … [Read more...]

Misconception of Re-Employment Age Extension

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Singapore Parliament have recently made changes to the Retirement and Re-employment Act, these changes will act to protect and encourage older workers to participate in Singapore's economy.Some of the changes made includes:Companies must now offer employees the eligibility to work until 67. Previously it was until 65. Companies are not allowed to reduce the salary of employees who turn 60 from … [Read more...]

Top World News in 2016

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As we near the end of the year, it is the time we recap the major news that occurred during this period. It is probably not a very good year. We started with Zika, and ended with President Barrack Obama leaving the White House (bad to worse). But of course, there are some moments in 2016 that are worth rejoicing about - or at least there is ONE! February: Zika Virus Epidemic The World Health … [Read more...]

ShopBack: Save with Coupons, CashBack and more!

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While I was googling for alternatives to reduce my expenses, I realised that apart from reducing takeout and preparing my own meals, there was an on-going trend of online retailers dealing in all kinds of products. They vary from groceries to mass e-retailer Amazon. With the introduction of these e-retailers, consumers now enjoy an additional option when it comes to shopping! The fierce … [Read more...]

Singapore Stocks Market: Outlook

I was browsing through the different stock prices as usual. Given the recent spate of local M&As and delisting manoeuvres, it seems to me that the number of quality stocks have decreased in our local bourse. With well-known local companies such as OSIM, SMRT and Eu Yan Sang International delisting, is the local market valuation truly too low as compared to the global valuations? A simple … [Read more...]

Hu Li Yang’s Half by Half Theory

Hu Li Yang's theory: 1) If an index's price drops by 50% from its peak, it has entered an "fair value" price point 2) If an index's price drops to around 25% from its peak, it has entered a "extremely undervalue" price point 3) When recovering from the bottom, the index will always face selling pressure at 2x the bottom price 4) During a bear market rebound, you can forget about fundamentals … [Read more...]

Stop Advertisement Letters in Mailbox in 3 Steps

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Are you tired of seeing a large number of advertisement mails in your letterbox? There is a way for you to opt out of the service! Simply click on the link below and follow the steps: LINK Step 1: Follow the image and fill in the boxes Step 2: Fill up your contact details and your address Step 3: Confirm you wish to opt out of the advertisement mail and submit your … [Read more...]

Godfather of Asian Stock Market is Back!

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The Godfather of Asian Stock market, Hu Li Yang, is back in Singapore to share with us his view on the investing opportunities and risks in year 2017! Spend 1 full day learning from the Man himself as he would discuss his views and how investors should position their portfolio for the rest of 2017! Mr Hu previously held the position of Vice-President of Securities in Merrill Lynch in the … [Read more...]

Major news last week, what it means for Singapore stocks: #ICYMI

Last week, oil rallied to its highest level in the year at $54 a barrel. This was mainly due to the OPEC's agreement to cut its output by almost 1.2 million barrels. The oil price rally was also due to the expectation where the market did not expect an agreement to be reached, as well as the more-than-expected production cut. Though an agreement has been met, there has been much skepticism as … [Read more...]