It's been a while since I blogged because back in camp, there's preparation for new men and other than that, I am partying. (it's the best time to party because you don't worry about exams, etc.) I got an interview from SMU recently and I was elated about it. I did my prep for it by reading the newspaper and hopefully SMU would accept me in its economics programme. The SMU …

Criteria 1: Have a good track record of increasing sales, earnings and cash flow. The company should have a good history of increasing sales, earnings and cash flow for the past 5 years. If a company's earnings have been increasing consistently, their future earnings would be more predictable and stable. Image From Google Images Beware of 'CREATIVE ACCOUNTING', the figures …

As I grow older, I got into the world of economics, partly because of the chance of getting into SMU. This year, I also got a glimpse of politics and realize how these 2 topics could affect our lives. For the coming General Elections 2011, my constituency became an Single Member Constituency (SMC) and why is that so? I didn't know until I read this article on Straits Times …

Do you set aside a portion of your money and save it in your bank account? I am sure everybody does that! Is this the most effective way to get returns that meets our financial goals? I am not that sure about it. In Singapore, one of the widely used bank account is the POSB/DBS savings account. Most people would have one account while the more 'savvy' saver would have …

Products are given a limited lifespan and fail thereafter. In this way, consumers have to keep buying new products. This ensures that there will always be a market available for exchange of goods and currency. A good example would be a printer with a count chip to make it fail after printing a certain number of times! The video is a popular Youtube video "The Story Of …

Being an NSF in the army, $700 is a lot to me. Rising costs and the subtle effect of inflation quickly erode my monthly pay! Things felt more expensive and sometimes, I will realized that I don't have much money left in my account, weird huh? So how would you use your $700? To some of my mates, it's extra pocket money to do more of their favorite activities like clubbing, …

2012 is perhaps not a good year for investing as quoted by many financial institutions. Economic growth is low in Singapore and inflation has hit about 5%. Equities seem like it is not looking good for 2012. And it could force investors to look for other ways to diversify or strengthen their assets. As we know, prices of bonds will rise as price of equities drop, basically, …

Perhaps a good illustration of the widening gap between the rich and the poor. Described by Michael Moore that the modern capitalism model in America is like a pyramid scheme. "It's called a pyramid scheme, because only a few people can sit on top of the pyramid. Their job is to convince everybody else in the pyramid to work really hard because 'maybe you, too, can be up …

Insurance, it seems like a taboo thing in Singapore. People shun the moment they hear insurance. I am not even talking about their death. I don't understand why. It is such a need in their life yet they shun away from us who could educate them about financial planning! Yes, Some people buy insurance and they buy for the sake of buying. I do not think they know what they are …

I was talking to this friend of mine who recently talked to me about his insurance plans. He is a guy who is ahead of his peers in terms of planning his future. He got a savings plan from one of the major insurers in Singapore, saving about $200 a month. As a student with little income, $200 is quite a significant amount and naturally, he was curious to know the interest he …