Investment

at Salary.sg – Your Salary in Singapore

 

Archive for the 'Investment' Category

When Buying Properties, Avoid Flood-Prone Areas

Saturday, July 24th, 2010

If you are still considering buying properties despite this advice, and both HDB prices and private residential prices at historical high, you have to take note of the flooding factor. Ditto if you are renting a place. Regular flooding is a recent phenomenon in Singapore. After the completion of the marina barrage, which “helped to prevent [...]


Read the full article at When Buying Properties, Avoid Flood-Prone Areas

At Property Peaks, Don’t Buy

Sunday, July 11th, 2010

Condo units sold during the 1996-1997 property peak are now selling at below their launch prices. This is reported in yesterday’s Straits Times. But in the report, no one stated the obvious: You are taking a big risk if you buy at a peak. The ST article listed 3 freehold properties that are still “under [...]


Read the full article at At Property Peaks, Don’t Buy

62% Think Property Prices Will Correct Within 2 Years

Wednesday, May 19th, 2010

In a recently concluded Salary.sg poll, 62% of the respondents think property prices will correct within 2 years. However, 22% believe there will never be a correction. By the way, the article that accompanied that poll was republished by CPF at their IM$avvy site. If the current downward pressure on stock markets is to persist, [...]

Read the full article at 62% Think Property Prices Will Correct Within 2 Years

CPF Minimum Sum Now $123k – Buying a 2nd Property?

Friday, May 14th, 2010

The prevailing CPF Minimum Sum will be increased to $123,000 effective 1 July 2010 (source: Straits Times). This is a $6k increase from the previous $117,000. If you are thinking of using CPF to pay for a second property, you will need to set aside half of the prevailing Minimum Sum. This amount is currently [...]

Read the full article at CPF Minimum Sum Now $123k – Buying a 2nd Property?

Hold Cash To Exploit Market Turmoil

Wednesday, May 12th, 2010

Did you have enough cash when the stock market plunged to its lowest points between late 2008 and early 2009? If you did, and you were confident enough to buy stocks, you would have made good money using the market cycle investing strategy. Someone told me he had very much wanted to buy some cheap [...]

Read the full article at Hold Cash To Exploit Market Turmoil

Property Prices Are Too High

Monday, April 19th, 2010

If you think property prices are too high, you are not alone. The URA indexes for rest of central region and outside central region are at an all-time high. According to the new NUS Singapore Residential Price Index (SRPI), its index for non-central region has also surpassed way beyond the 2007 peak. A little advice [...]

Read the full article at Property Prices Are Too High

Compare Your CPF Special Account Balance

Thursday, February 18th, 2010

If you have been working for some years, you should have a rather significant amount of money in your CPF Special Account. The savings in your CPF SA currently still earn a 4% interest rate, totally risk free. There’s also an additional 1% interest paid to the first $60k of OA+SA. The interest is high [...]

Read the full article at Compare Your CPF Special Account Balance

How Not to Rent Out Your Condo

Wednesday, February 10th, 2010

Congrats on your new condo purchase. It’s a significant milestone in your investment journey. You diligently studied the property market and got in at what you think is the right time. And now, all that’s left to do is to find a tenant. Yes, you’re renting out your spanking new private apartment, fully furnished. As [...]

Read the full article at How Not to Rent Out Your Condo

Compare Your Investment Profits

Wednesday, February 3rd, 2010

When I posted about graduate couples having no problems saving $1 million, I used an investment return of 3% in my calculations. If you can consistently generate a 3% return every year, you will turn $100,000 into $103,000 in 1 year, and then make that $103,000 become $106,090 in 1 more year. With such compounding, [...]

Read the full article at Compare Your Investment Profits

Double Dip Recession

Friday, January 29th, 2010

We can reasonably expect Singapore to plunge back into recession at the end of this quarter. If it does, we will be the first country in Asia, and possibly the world, to experience a double dip recession in the aftermath of the global financial crisis. Our economy first dipped into a technical recession in Q3 [...]

Read the full article at Double Dip Recession