Once in a while, my friend or my client will ask me if Singaporeans are really that rich? The showrooms seem to be packed and so many people are balloting for new launches. From time to time, we do see in the news on condo units being snapped up, or how successful the new launches … Read more
Most of my friends including me has been working very hard. The daily grind has really taken a toil on us, especially when we are no longer young. No longer we are in our twenties. In between all these toiling, sometimes I ask myself what is the reason behind all these and why am I … 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
Recently I chanced upon this publication: Singapore in figures 2018, compiled by Statistics Singapore. Inside this publication, there are many interesting facts and figures about Singapore population, housing, trade etc. You can find out more information of this publication from www.singstat.gov.sg. I have extracted some of the key segments from this publication, which I think is … Read more
With the cooling measures in place and additional buyer stamp duty, some Singaporeans may consider investing in overseas property to avoid the tight regulations here. Just like all investments, investing into an overseas property does carry some investment risks. Here I will share the 10 things to take note of before you buy a foreign … Read more
After my 21 days of fit bod fat purse challenge, I am fitter and of course $1053 dollars richer! On top of these 2 benefits, I have learned 5 important lessons from this challenge. For the benefit of those who does not follow this challenge, the 21 days fit bod fat purse is a … Read more
Today, I sit down with my friend I-Min to discuss his views on Singapore’s property market. A little background about I-Min: I-Min (CFA) is the Lead Instructor for Investor Education with A.B. Maximus & Co. Pte. Ltd. He conducts regular classes for SGX Academy on fundamental analysis, stock valuation, REITs and property stocks investments. … Read more
Last month, I wrote my reviews and lesson learned from the book The Richest Man in Babylon here. This time, I want to talk about another book that has helped me gain a lot of understanding in wealth accumulation. This book called The Millionaire Next Door, written by Thomas J Stanley. I found the principles … Read more
In my previous article, I shared that Leverage is generally a very good tool in property investment. It will work out well if you use it carefully and prudently. So how much leverage you should take on before it becomes too excessive? Let us explore some important debt ratio here. Total Debt Servicing Ratio (TDSR) … Read more
