Focus on value-add, not sales
Most of the financial advisors in Singapore don’t receive fixed salaries and draw their incomes based purely on commission fees. This means that they have to sell expensive financial
Month: April 2013
Property investments in Singapore
Today, The Straits Times published that a record 18,400 new homes is expected to be completed in Singapore this year. This figure surpassed the previous high of 14,600 units built in 1997, according to Urban Redevelopment Authority data. Will the avalanche of new homes cool property investment in Singapore?
Coupled with the slew of policy measures implemented by Singapore government in recent years, the red hot property market seems to cool down a bit. Although the number of transactions for resale and sub-sale transactions dropped in the last few months, private home prices still remain high. Analysts expected private home prices to post a moderate rise of about 3 – 4 per cent this year.
Investing in Singapore properties
Every market has its cycles. Gold, silver and equities have their rises and falls throughout history. Property is no exception. The current property market has been on an incredible bull run since the United States banking crisis in 2008. Hot money resulting from the Quantitative Easings had entered Asia countries and caused housing bubbles to be formed.
In HDB Singapore, prices for landed and non-landed homes have rocketed to unprecedented levels. Medium cash-over-valuation (COV) for resale HDB is now $30,000
Press release: The End of Ethics and A Way Back
The most important skill you must possess

Sales is King
Last week, my wife and myself went to buy groceries at Sheng Siong hypermart and saw a big crowd outside the store. We went forward and saw a man demonstrating the usefulness of a micro-fiber cloth. It was actually a simple cloth used to wipe table and kitchen top. But he managed to illustrate how stain-free it can be from
Gold Investment:BullionStar at a Glance
The bullion you buy from BullionStar is just that – your bullion. BullionStar only offers fully allocated bullion. No paper promises, no unallocated accounts, no risky Ponzi schemes. The bullion you buy from BullionStar is YOUR bullion.
Your Metals – Your choice
BullionStar offers you a wide range of quality bullion from renowned mints and refineries. You are always in full control of your assets with BullionStar.
– Trade fully allocated Vault Grams in Gold, Silver and Platinum for a low spread online.
Are you prepared to be rich in Singapore?
Are you ready to be rich?
Many people thought that being rich can make you happy. But according to the article, being rich can only make you happy up to a certain point. Beyond this point, more money doesn’t make you happier. After a certain time, you become numb from the lavish spending and derive no joy in material well being.
In fact, being suddenly rich can even make you lose sight of your dreams and ambitions. After all, if you have more than enough money not to work a single day for the rest of your
Stock Investments Insights: Sold off my k1 Ventures shares
Dividend Stock
My decision to sell off k1 Ventures is not because of the stock performance. In fact, it has always delivered consistent good corporate results because it is well managed by a team of experienced management. Since 2005, it has been giving out dividends and returning capital reductions to its investors. I stand corrected, but any investors who bought this stock in 2005 would have gotten back their principle
Interview with Gerald Tay, CREi Academy Group
Loan shark harassment scams in Singapore
Greed and Fear
This is not the first case of Singaporeans losing their hard-earned monies to con artists, who usually play on our greed and fear. One of the tactics most commonly used is to focus on many Singaporeans’ desire to become rich quick in Singapore. Not too long ago, many greedy Singaporeans lost several millions after investing in dubious gold buy-back schemes. The root cause for their investment losses is mainly because of their lack of understanding of gold
What Should Property Investors do with their Money Today?
The 2013Q1 estimate of 213.1 represents a 0.5% quarter-on-quarter increase, which is a moderation from the 1.8% q-o-q pace we saw in 2012Q4, but suggests that the market prices are still rising, albeit slightly, despite 7 rounds of government cooling measures.
Today, we’re at the record peak of the property cycle since 1965. It does not take a lot of common sense to tell us we need to tread extremely carefully, especially in current uncertain economic climate.
However, this does not mean property investors
Build your investment portfolio with Singapore dividend stocks
Interview with BullionStar Singapore
New law slams deceptive showflats
In a bid to ensure transparency, Parliament recently amended the Housing Developers Act enforcing strict regulations on marketing and information disclosure.
With the new laws, developers can no longer portray showflats that look larger than the end product through the use of glass panels instead of higher ceilings or brick walls, reported news portal Asiaone.
Furthermore, transaction prices reported should reflect all forms of rebates and discounts, including stamp duty refunds and furniture vouchers.
Errant developers could be fined up to S$100,000, and have their showflats inspected and if needed closed down, by the Government.
Senior Minister of State (National Development) Lee Yi Shyan, said the Bill will safeguard the interest of home-buyers and also enhance professionalism within the residential property industry.
“A home is, in most cases, the single largest investment in one’s lifetime. It is only right that home-buyers are provided with the appropriate tools and legal safeguards to make informed decisions,” he said.
Shabnam Muzammil, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email shabnam@allproperty.com.sg
Losing your job in Singapore

SG Wealth Builder has always encouraged readers to build up 3-6 months of income as emergency fund. This will help to cushion the impact of the sudden loss of job. Besides this fund, below are several ideas that may help:
1) Cut down all unncessary spending by deciding what are the “needs” and “wants”. Be prepared to adjust your lifestyle and reduce the frequent fine dinings.
2) If you anticipated that it could be a long time before you can secure a new job, do consider making more drastic changes, such as selling your car. However, if the proceeds from selling your car are likely to be insufficient to cover your car loan, check with the bank what are the available options.
3) Re-prioritise your financial goals. If you are
SGX Stocks to Grow Your Money
Below is an article from guest blogger, Richard who works as a stock analyst and has 3 years of experience in the stock market. He likes to write articles and hope to share his experiences with investors in Singapore If you would like additional SGX Dividend Stocks data, information or screening tools, please visit website http://sg.dividendinvestor.com/, a leading source for in-depth research and analysis for stock investments.
Dividend investing is a great way to increase your income and make money in Singapore. In this article we will talk about dividend investing and how to become rich in Singapore. In Singapore investors are continuously putting their money in the top Singapore dividend stocks that have the highest indicative dividend yields and also fast growing stock. If you are thinking to invest in Singapore dividend stocks then here are some of the stocks, you should consider.
AVAGO Technologies Ltd. (NASDAQ: AVGO)
AVAGO technologies (NASDAQ: AVGO) is a Singaporean company that provides the semiconductor, development, and supply devices with a focus on III-V based products. The company holds more than 5,000 patents and sells over 6,500 products to OEM customers in the Wireless and Wired communications, industrials and automotive electronics …
SG Wealth Builder is part of Singapore Memory Project
A home for my memories
By pledging my blog to SMP, I affirmed that every memory matters. In doing so, I think I have found a home for my memories and expression of thoughts.
When I started this blog three years ago, I wanted it to be passed down to my future generation for memory sake. I wanted my children to understand my investment insights and the financial lessons gained in my lifetime. Over the years, however, there were requests from guest bloggers to be featured in my blog, so gradually this blog has morphed into something different. Eventually, I hope it becomes a portal that allows readers to have better understanding of Singapore.
My blog,