Category Finance

Buying insurance

Most of us would have purchased some insurance policies by now. If you haven’t, you need to start looking! Basic healthcare insurance in Singapore is relatively inexpensive and can even be paid with CPF money, but some of us may… Continue Reading →

Know your Net Worth

I’m probably having what you may call the “mid-life crisis”. Screw that, probably this really is it — it is when you often sit down at the coffee shop with a cup of Kopi-O and think about all the things… Continue Reading →

BMW Buyer vs Public Transport Fan?

I read this article and couldn’t resist my urge to bang wall. http://ride.asiaone.com/features/opinion/story/bmw-buyer-versus-public-transport-fan Comparison of extremes First, the example of an expensive $220K BMW 3-series is a little way off the charts as a basis for comparison against public transport…. Continue Reading →

On car loans again

I just read this article. I found this statement by Tan Huey Min, general manager of Credit Counselling Singapore a little misleading: Over the long run, if you pay off the loan in eight years, the amount you have paid… 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 →

Saving is a virtue, investing is a method

I thought this would be a very good blog entry so I decided to write it. I was out with my junior from Ngee Ann Polytechnic. He wanted to get himself a nice Cello before he serves NS so we… Continue Reading →

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