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Politics

Continuation to the CPF MSS Debate

Here’s a continuation to the big CPF Minimum Sum Scheme (MSS) debate that made a record 128 comments on my Facebook wall post. The entire debate broke up into two topics of discussion. One of them is whether CPF is… Continue Reading →

CPF Minimum Sum at $155K?!

The government just announced that the CPF minimum sum will be raised to $155K this year. Back in 2003 the min. sum was $80K. Minimum sum will be $600K by 2037 Looking at this chart I came up with a… Continue Reading →

Where have the peaceful HDB estates gone?

I haven’t been blogging for a while, so this really means something I feel strongly about to have me start writing again. Wifey was down with high fever over the long Hari Raya/National Day weekend. Her fever persisted for four… Continue Reading →

Budget 2013 and what it means to the Singapore Car Buyer, part 2

This is a continuum to my earlier post: Budget 2013 and what it means to the Singapore Car Buyer. Bank interests up So one of the predictions have already come true: Bank interests are up across the board. Here’s the… Continue Reading →

The truth about offsetting loans with investments

I’ve often heard people say it is easy to overcome the low car loan interest rates. While it may be 1.88%, the effective interest rate is much higher than that, about 4%. And people will tell me that it is… Continue Reading →

Budget 2013 and what it means to the Singapore Car Buyer

Many interesting debates sparked off when the Singapore Budget 2013 was released, but it seems the change in regulation related to the local automotive industry made the biggest impact, especially to those who have been waiting and waiting to buy… Continue Reading →

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