Besides capital appreciation and rental yield, is there a third way to profit from property investing? In property investment, investors believe they can only profit from it through two different ways. One way is through the capital appreciation of the property value, and the other way is through the rental returns from renting out the … Read More
If property prices of a country go up by 10% in a year, most of us would think that the property prices are getting more expensive and possibly a bubble may be imminent. If property prices move down by say 5%, we may think otherwise that the prices are getting cheaper. This case will be … Read More
When I was young, I remember watching this game show called “Who Wants to Be a Millionaire”. As I am watching the show, I was thinking how wonderful it is if I can be a millionaire one day. From the family background I was brought up, I was told that being a millionaire is a … Read More
As shared in the previous article on the 9 important numbers from Singapore in figures 2018, population changes of a country can affect the demand on the residential real estate. I have taken a close look at the recently released population report here from www.singstat.gov.sg. , and extracted some interesting numbers to look at. … Read More
Many a time, I have heard people saying that when it comes to savings or investing, it is always good to start early. Does it really make sense? How big is the effect of saving or investing early? If I have 20 years to save or invest Say if I have 20 years ahead … Read More
Recently the Government has introduced the latest round of property cooling measures. In this round of property cooling measures, adjustments to the Additional Buyer’s Stamp Duty (ABSD) rates and Loan-to-Value (LTV) limits on residential property purchases are made. In my previous article, we have discussed the effects of ABSD. Here we will discuss the changes … Read More
Recently I have the privilege to attend a guardianship planning seminar conducted by FPSB (Financial Planning Standards Board). What is FPSB? Their mission statement below, taken from their website explains it well: FPSB (Financial Planning Standards Board)’s Mission To benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB’s … Read More
Many years ago, I started to look at my wealth accumulation process after reading this book called The Richest Man in Babylon by George Samuel Clason. This is one of those book that helps me to kick start my savings and investment journey. It helps me understand how to save and to how to accumulate my … Read More
In my previous article, I’ve discussed about the Valuation limit and Withdrawal Limit of CPF OA (ordinary account). Read it here if you want to know more. If you intend to use CPF Ordinary Account (OA) monies to pay for you property purchase, do note that there will be some restrictions on the use of … Read More
CPF, or the Central Provident Fund is a compulsory comprehensive savings plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing needs. The CPF is an employment based savings scheme with employers and employees contributing a mandated amount to the Fund. It is administered by the Central Provident Fund Board, … Read More