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Archive for October, 2009

Your Citizenship is Worth $4,511 More Than a PR Per Year

Saturday, October 31st, 2009

According to our calculations, your citizenship is worth $4,511 more than permanent residents per year. For that, you have to serve NS if you are male, and watch some of your PR friends sell their HDBs for a good profit and then return to their (sometimes) cheaper home countries to enjoy retirement.
As a Singapore citizen, [...]


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Are GLCs Better Paymasters Than MNCs?

Thursday, October 22nd, 2009

While some doctors and administrators are having a friendly debate, I would like to bring your attention to another interesting discussion.
A reader by the name “wonder” claims that his friends in GLCs earn double of what MNC employees earn.
I’m a little sceptical, so let’s do an unscientific poll.
Let’s compare the ratio of high earners in [...]


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Did You Exploit the Recession?

Thursday, October 15th, 2009

The STI index closed today at a year-high of 2,712.15, up more than 80% from its bottom just 7 months ago.
About a month before the market hit the bottom, I talked about exploiting the recession. STI was around 1,700 then.
And about a month after the market hit bottom, I talked about market cycle investing and [...]

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Compare Your Annual Income 2009

Friday, October 9th, 2009

The most accurate (arguably) income comparison tool on the island has been updated.
Once again, we take the data points from the latest Iras Annual Report 2008/2009 and produce the following tool that stack you up against all resident taxpayers.
In our view, the data from the Inland Revenue Authority of Singapore is much more comprehensive than [...]

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Perceived Affordability of HDB Flats

Thursday, October 1st, 2009

According to one measure of affordability, our houses are less affordable than major cities like Sydney, Toronto, New York and even Tokyo.
The mainstream media and HDB have (unsurprisingly) claimed otherwise and probably will give 101 reasons to support their arguments.
More annoyingly, without much hint of sympathy, the media reported that “buyers can be narrowly focused” [...]

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