When it comes to buying your home, it goes without saying that we want to (and should) rack in as much savings as humanly possible and get the best home loan in Singapore. We are talking about something that takes 2-3 decades to pay off after all! It is possibly the biggest purchase of our […]
2021 is the year where the world has adapted and evolved amidst the global pandemic. Businesses in the travel and F&B industry were badly affected, across many sectors, many corporations and its employees abiding government advisory by working from home. Individuals took advantage of this opportunity to look into how they can better manage their […]
Low interest rates have begun to appear more frequently onto headlines of property articles and that could signal a shift towards property refinancing. The important thing to note about loans is the interest rate involved. News had been rampant over the historic low of interest rates and there will be significant savings if refinancing is […]
“Last time, our fishball noodles were 10 cents only!”. Most of our young readers here would know these phrases well, with parents and grandparents repeatedly displaying their awe and shock at just how much prices have risen across their lifetime in Singapore. This is all accredited to inflation. Inflation is part and parcel with a […]
Singapore has claimed the title as one of the world’s best model of public housing provision. As of 2019, a whopping 80% of Singapore’s total population resides in public homes, including those living under rental schemes. One of the main considerations you would ask when purchasing a home might be “How long more can I […]
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, […]
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 […]
“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 […]
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 […]
In speculation of the rate cuts by the US Federal Reserve, Singapore banks have started to make adjustments by lowering their home loan rates. The banks have already reduced their fixed rates today in the market, so the spread between a fixed interest rate and a floating interest rate is as narrow as 10 to […]