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Smart Reads of the Week: Spending Your GST Voucher, Smartly
By The Smart Investor  •  July 10, 2021
It’s time to rejoice as the government disburses cash to all eligible households. Yes, I am talking about the GST Voucher scheme where a total of S$200 was paid out to 1.4 million citizens. The money should have been received on 23 June and constitutes a special, one-off payment. This group can look forward to another S$150 or S$300 (depending on your housing type) to be paid out by the end of this month. Meanwhile, Singapore consumer prices have risen 2.4% in May, notching up a seven-year high. To be sure, part of the rise was due to a low base from last year’s pandemic outbreak. However, it also demonstrates the country’s resilience amid tough times. Putting some money into the pockets of 1.4 million citizens could provide a much needed boost as the Phase 3 movement restrictions are relaxed from 12 July. We are optimistic that there will be better days ahead. Here is a list of our top articles for the week....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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