Tax deductions can be extremely confusing for most tax payers. They wonder what they are able to deduct on their taxes. The matter is so confusing for many taxpayers that they make the decision to take the standard deduction rather than itemizing their tax deductions. In some cases the standard deduction may be more than [...]
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Keeping a strict vigil over Forex market hours is vital to succeeding in Forex market trading. The simple fact is that you will be trading in different currencies that will necessary force you to stay abreast with changes that are taking place in different time zones and in various currencies. Unless you are truly in [...]
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What a rollercoaster week it had been for the financial markets. First, Lehman Brothers take a hit, sending the markets into a tailspin, followed by Merrill Lynch and AIG. Bank stocks in Singapore plunged before bouncing back. Some of the events affect us. If you have AIA insurance policies, you may have been feeling very [...]
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Warren Buffet, at the annual Berkshire’s meeting with the shareholders, spoke about the future of his fund. He predicted that the US currency is going to depreciate against other major currencies, so the best thing was to invest in companies that had substantial earnings in other currencies. Some of the US MNCs earn more from [...]
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Self-Serve ATMs would probably be introduced in Singapore next year. They are supposed to be multi-functional, and you can even deposit cheques and pay bills on top of other normal activities. One point made by the interviewee on Channelnewsasia.com said that the traffic in Orchard Road is very high, and it would be unacceptable for [...]
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Good news for singles above 35 who want to live in HDB flat. HDB will now give up to $20000 for singles who buy a resale flat. Currently they get $11000 grant, but if they choose to live near their parents, then they will get an additional $9000. Too bad my friend bought his a [...]
Popularity: 2% [?]
Oil and gas investment sounds extremely lucrative, with you getting your money back within 4 years, and then continuing to receive monthly payments for 12 or more years, based on the company’s proposed investment scheme. It could even replace the Annuities scheme from CPF Life if you invest substantially! So are there any risks involved? [...]
Popularity: 6% [?]
With oil prices shooting up, why not own part of some oil wells in the United States and make money from a business investment? I went to the Asia Trader and Investor Convention 2008 at Suntec today, and a sales rep from Oilpods approached me to explain oil and gas investment to me. First of [...]
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Prices of basic necessities and food have gone up. Malaysia has banned the export of certain basic food items, because a large number of goods have ended up in Thailand. With the upcoming CNY, increase in demand of food will result in increase in prices, if supplies do not increase. For those in the food [...]
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The market has been very volatile, but my Latin America unit trust is still holding up well. The gold unit had declined but it’s still up. Except for Singapore/Malaysia, the rest of my unit trusts are still doing fine. I’ve sold off the China unit trust. How much do you want to earn before you [...]
Popularity: 2% [?]