Pinnacle Notes or any other structured products are not as straightforward as they look. They are not worth the trouble. They appear to offer good returns of up to 8.8%, but the investor takes the bulk of the risk. My friend asked me whether she should invest in Pinnacle Notes Series 8. She is someone [...]
Popularity: 8% [?]
Citibank is offering a credit card for young people from 18-35 and earns less than $30000, the minimum sum for credit card applications for the longest time. The great thing is this group of people get to have the benefits of having a credit card as mentioned in my earlier post. They plan to allow [...]
Popularity: 9% [?]
Do you think paying $850 more in income tax each year is nothing much? Wait till you see how much you are losing at the end of 30 years (it’s a mind-boggling six-digit sum!) Make use of Supplementary Retirement Scheme (SRS) by introduced by our government. I’ve talked about how SRS worked in my previous post. [...]
Popularity: 6% [?]
I’ve always dislike having ready credit or cashline attached to my bank accounts. I had a bad experience when I bought my car. I was given a card which looked like a credit card from Citibank 4 years ago, and I wanted to put the downpayment of $5000 on my card. Instead of using my [...]
Popularity: 2% [?]
This is very exciting! The fixed deposit rates from the New Zealand Dollar have risen since last month. Among the different currencies offered by the two banks, the NZ dollar offers the most attractive rates. The next currency that does not even come close is the Australian dollar. In addition, the NZ currency offers one [...]
Popularity: 4% [?]