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Are Singaporeans cut out for entrepreneurship?
In an article that appeared in the TODAY paper, Young entrepreneurs thriving in Singapore, 13 May, I read that Singapore ranked 2nd for its entrepreneurial activity in a study of 25 comparable economies done globally by NTU (Nanyang Technological University). On the surface, it would seem that Singapore is a ...
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Singapore retirement myths debunked
If there is one thing that foreign friends remark on when they visit Singapore, it is not the shiny skyscrapers or sprawling malls. Instead, they express surprise, and sometimes shock, at the large numbers of elderly Singaporeans working as cleaners, dishwashers, and other low-skilled (and hence low-wage) j...
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The Insurance Industry - A business of unethical profiteering?
We rarely do this, but after reading this article on the Straits Times that we feel every Singaporean should read, we are going to attach it for you to read, dated 29 January 2013. Have you ever wondered why insurance agents and companies are always in the news for misselling and hard selling their product...
The Case For A Singapore Poverty Line
There has been prominent discussion lately pertaining to whether or not Singapore should have a poverty line set in place. Our government has suggested that a “kueh lapis” approach is preferred and more relevant than an actual poverty line in place. This is surprising considering that a poverty line, if ever set in place, is a tool useful to measure the level of income adequate for living in a given country. I...
A guide to understanding a Research Report: Part 2
We covered Part 1 previously, describing the basics of a research report. In this Second edition, we go a little bit more in depth. As previously covered, a research report will include these main components: Detailed description of the Company and relevant information. Short write-up on why the analyst thinks the company will do well, or badly. A one-year target price for the stock. A rating. 1. Deta...
3 Reasons Why You Should Start Investing Today
Many people in Singapore want to invest, but feel they do not have the necessary knowledge and skills to be successful in their investments. So what do they do? They either keep their monies in banks, earning miserable interest rates of about 0.2 percent annually, or choose to spend their money. Both strategies are unwise. Frets not, for here are three reasons to overcome your psychological hurdle toward...
Housing Loan: CPF or Cash to repay our Mortgage?
We explore some factors to consider when deciding whether to use CPF monies for our mortgage repayment. A popular question always asked by Singaporeans is how they should repay their home mortgage, by CPF or with cash. For those of us just starting our career and getting our 1st HDB flat, this seemingly straightforward decision could actually make a significant impact for our financial planning in the future. M...
Passive Investment Strategy For ETFs in Singapore
We discuss how you can invest passively in Singapore ETFs using an asset allocation strategy. We previously introduced passive investing and the advantages that come with it. In this article, we will look at Exchange-traded fund (ETF), which we believe is a good platform for retail investors seeking for a passive approach towards investing. The Investing Landscape in Singapore While the avenues for active in...
