China stocks have rebounded sharply after last week’s announcement on capital gain tax reduction. My funds have risen after falling for two or three weeks. Would China’s stock markets be able to sustain the momentum until the 2008 Olympics? The government seems to be going all out to ensure this, but overall, based on what [...]
Popularity: 3% [?]
After putting in money in your SRS account to reduce your tax payments, what do you do with it? The agent bank I put my money in offered an extremely low interest rate, to the point of being negligible. If you factor in the inflation rate of 6%, your money would have been lost. One [...]
Popularity: 5% [?]
From 1 April 2008 onwards, you will not be able to invest the first $20000 in the ordinary account, and also the first $20000 in your special account. What is the purpose of investing money from your ordinary account (OA)? Well, you will earn 1% more on the first $60000 in the OA and Special, [...]
Popularity: 4% [?]
Selemat Hari Raya Aidilfitri to all Muslim readers! My friend told me that he had changed $1000 worth of money so that he can give to his younger relatives and his elders. How can he make the money back since he is unmarried and do not have any children? Muslims are prohibited from engaging in [...]
Popularity: 5% [?]
Recently, my company got someone down during one of our meetings to talk about saving and loans programme at a co-op. The rates are better than banks. Many people quite keen to sign up for the savings and fixed deposits. To them, earning 2% was a fantastic rate. However, there are other ways of growing [...]
Popularity: 3% [?]
Currently, I have three unit trusts that had made more than 10% in 2 months. I may make even more if there are no sales charges and expenses for unit trusts. Fidelity Latin America USD Legg Mason SEA Special Sits Lion Capital Singapore/Malaysia http://www.Fundsupermart.com has reduced its sales charges from 2.25% to 2%, though you [...]
Popularity: 2% [?]
I was analysing the prices of Lion Capital Philippines a few weeks ago, and the fund appeared to be doing very well. It was at 60% of its original value, which meant that many holders had lost money if they bought it long time ago. However, the percentage increases were very high for each year. [...]
Popularity: 2% [?]