Entries by Lewis Tang

4 Signs Your Home Can Make You Money

We have all heard of “Million-Dollar HDBs” springing up all across Singapore in the resale market for housing. For those who are unaware, these widely sought after HDBs have been sold at record-breaking prices over the $1 million price tag. Examples of these exorbitantly expensive public homes include a 5-room unit in Clementi Avenue 3, […]

Here’s why you should start diversifying your portfolio

Diversification is the process of spreading your investments around to more than one type of assets. Essentially, it is to “place your eggs into different baskets”. This practice has one important role in your investment strategy: to reduce risk. We all know it is a good thing to have, but how do we diversify our […]

Is my property an asset or a liability?

“The poor and the middle-class work for money. The rich have money work for them.” – Robert T. Kiyosaki, Rich Dad, Poor Dad Robert T. Kiyosaki, in his book Rich Dad, Poor Dad, emphasized the importance of owning more assets than liabilities, if one should truly aspire for financial independence (or getting out of the “Rat […]

How does the trade war affect interest rates?

If you have been following current affairs closely, you would be familiar with the US-China trade war. For those of you that are less familiar with the topic, fret not, all you need to know is how this trade war will affect you. According to reports, Singapore is likely to be affected the most amongst […]

Updated Policy On The Use of CPF and HDB Loans

The government rolled out new rules regarding the use of the Central Provident Fund (CPF) and housing loan with effect from 10th May 2019. This provides property buyers with greater flexibility, without compromising the duration of their lease and their retirement funds. It is a pivotal shift from just focusing on the remaining lease, to […]