What Does It Mean To Be An Accredited Investor In Singapore?
The Securities and Futures Act (SFA) in Singapore distinguishes retail investors from higher net-worth investors (i.e. Accredited Investors). Typically, Accredited Investors can gain access to more sophisticated investments that are not available to retail investors. This can also be read as investments that are more complicated to understand, and Accredited Investors have better abilities to decipher if such investments […]
Guide To The 50/30/20 Budget Rule, And How It Helps You Save For The Long-Term
The simplest solution is almost always the best one, on average. When it comes to managing your personal finances, the 50/30/20 budgeting rule is one such simple, yet powerful strategy to help you gain financial stability – and save for the long-term. At its core, the rule is a method for managing your income in […]
What Is The 4% Retirement Withdrawal Rule, And Why You Should Plan Beyond It
In Singapore, when the word “retirement” is discussed, it usually revolves around our CPF savings. However, our CPF savings is only one component of our retirement funds, especially since CPF LIFE monthly payouts only start from 65 years old. Ideally, we should build up a complementary retirement pot outside of our CPF funds. This can […]
Cost Guide to The Friends Of Wildlife Membership (Singapore Zoo/ River Wonders/ Night Safari/ Bird Paradise)
According to Tripadvisor, the Singapore Zoo is among the best things to do in Singapore. Besides the Singapore Zoo, there is also the Night Safari, River Wonders (formerly River Safari), and Bird Paradise (former Jurong Bird Park). For those planning to take multiple trips to these wildlife parks located at Mandai, it’s worth considering if we […]
5 Immersive Experiences in Singapore Under $30 To Take Your Kids For The Holidays
In Singapore, parents always look for engaging activities to entertain their children during school holidays. Ideally, these activities should be affordable, which isn’t always easy to find in our city-state. We want our kids to have fun but also to be immersed in experiences that offer learning opportunities. With the school holidays already here, we’ve […]
How Much Does It Cost For Singapore Cars To Enter Malaysia? And Is It Worth Your Time (And Money)?
Singaporeans who drive into Malaysia will know the drill. You enter Malaysia with as little fuel as you dare risk without getting caught, head over to a restaurant for an inexpensive but mightily satisfying seafood meal and stock up on some household necessities such as milk powder, milo, detergent, toilet paper followed by a car […]
Guide To Buying A Classic Car In Singapore Under The Classic Vehicle Scheme
In Singapore, most cars are relatively new, typically less than ten years old. Occasionally, you might encounter vehicles older than ten years, commonly called COE cars—cars that have renewed their Certificates of Entitlement (COE). However, even these COE cars are usually less than 20 years old. On rare occasions, you might spot a classic car […]
How Much Can Households With A Monthly Income Of $1,500 Afford For Their HDB Flat?
Homeownership is a cornerstone of Singapore’s public housing policy, with close to 90% of resident households in Singapore owning their homes. At the key handover ceremony for the Pinnacle@Duxton in December 2009, founding Prime Minister Lee Kuan Yew said that “Home ownership helped to quickly forge a sense of rootedness in Singapore. It is the foundation upon which nationhood […]
5 Things To Know About Fu Yu Corporation (SGX: F13), Singapore’s Oldest & Largest High-End Precision Engineering Firm
Founded in 1978, homegrown Fu Yu Corporation is one of Singapore’s oldest and largest manufacturer of precision plastic and metal components and products. Singapore acts as its Smart Factory – setting the stage for growth, innovation and continued leadership in the precision manufacturing sector. The Smart Factory coordinates round-the-clock and real-time production activities its across […]
StashAway Simple Cash Management Account Vs Regular Savings Accounts – What’s the Difference?
Most of us expect to earn a decent interest return on our cash savings today. One of the ways we can do this, without having to open yet another investment account is through the StashAway’s cash management portfolio – aptly named StashAway Simple. StashAway Simple enables retail investors to invest in money market funds, which – depending on […]
