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How to Maximise CPF OA

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% [?]

Hefty Brokerage Charges

Brokerage Charges are so hefty for small time investors! My first trades were conducted last week, and due to my small investment, I had to pay a minimum sum of $25 per trade, instead of a small percentage. I bought two stocks, which meant that I had to pay $50. As one of the stocks [...]

Popularity: 1% [?]

Credit Lines as Emergency Tools

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% [?]

Unit Trusts: Sales Charge and Expenses

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% [?]


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