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Archive for March, 2009

Market Cycle Investing

Monday, March 30th, 2009

I quite agree with what Dennis Ng wrote for Sunday Times yesterday.
“… estimate at which stage of the market cycle we are in… identify the major trend direction… position ourselves accordingly…”
What he’s saying is to estimate the market upturn and buy. He then gave an example: DBS hovered between $8 and $10 for over a [...]


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Qualifying Child Relief & Working Mother Child Relief 2009

Wednesday, March 25th, 2009

To taxpayers with kids: Do you know that the Qualifying Child Relief has been doubled to $4,000 this year? The Working Mother Child Relief has also been significantly increased – it’s tripled for the first child!
More importantly, do you know what’s the best way to split the QCR? As stated in the IRAS web page [...]


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Calculate Income Tax 2009

Saturday, March 21st, 2009

Time to file tax again. This is the Income Tax Calculator for Year of Assessment 2009.
Just enter your chargeable income (i.e. assessable income minus all applicable reliefs):

Like last year, there’s also a special 20% tax rebate for Singaporeans and PRs this time round, as announced in the Budget.
Reference: Tax rates are obtained from this [...]

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8 Months Bonus for Northwest CDC Staff

Saturday, March 14th, 2009

Heard it on radio news again today. Mr Teo Ho Pin, who’s mayor of Northwest CDC, did not deny the Internet rumours that 2 staff from Northwest CDC received 8 months bonus.
The news also mentioned that the bonus is set in accordance with National Wage Council guidelines.
After googling, I found that this has also been reported in the [...]

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Would Temasek Holdings and GIC do a Warren Buffett?

Sunday, March 1st, 2009

It’s a rhetorical question.
In his highly anticipated annual letter to shareholders of Berkshire Hathaway, the legendary investor Warren Buffett said the following, clearly accepting blame for the lacklustre performance of his investment firm:
“During 2008 I did some dumb things in investments,… I made some errors of omission, sucking my thumb when new facts came in [...]

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