Why Removing The CPF Special Account For Members Aged 55 & Above Is The Right Move
In the Singapore Budget 2024, Deputy Prime Minister and Finance Minister Lawrence Wong announced a significant change for CPF members aged 55 and above: the discontinuation of the CPF Special Account. This change is particularly relevant to Singaporeans, as most have a CPF account. Under the current system, when CPF members reach the age of […]
[Liveblog] Singapore Budget 2024: Live Coverage And Real-Time Commentary
Deputy Prime Minister and Minister for Finance, Lawrence Wong, will deliver the Singapore Budget 2024 Statement in Parliament on Friday, 16 February 2024, 3.30pm. Stay tuned to our live coverage, for the latest announcements and updates of Singapore Budget 2024, as it happens. We will also provide real-time commentary on the potential implications that the announcements […]
How Gold And Silver Prices Move In A Higher Interest Rate Environment
For thousands of years, gold and silver have been enduring symbols of wealth and power. Today, precious metals are also a separate asset class, from stocks and bonds, that offer a safe haven for investors amidst uncertainty. Typically, investors are deterred from investments that do not provide any income (i.e. gold and silver) during a […]
HDB Price Guide: 5 Cheapest HDB Estates For 2024
HDB flats remain a popular choice among new homebuyers and upgraders in need of larger spaces to accommodate their growing families. Particularly, resale HDB flats have been in high demand over the past three years, driven partly by delays in the completion of build-to-order (BTO) projects. This surge in demand pushed resale HDB prices to […]
Hongbao Investing: How Much Returns Could You Have Made If You Invested Your Red Packet Monies Since Young
This article was written in collaboration with Nikko Asset Management. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial […]
Mobile Virtual Network Operator (MVNO): What is A MVNO & What to Know Before Signing Up for One
While this may seem like an unfamiliar term to you, Mobile Virtual Network Operators (MVNOs) have become a part of your daily life. Circles.Life, MyRepublic and Changi Mobile are all examples of MVNOs. With the entrance of MVNOs, Singaporeans have access to a larger variety of value-for-money and flexible mobile plans. So what does it […]
Could We See An HDB Flat Sold For $2 Million Within This Decade?
To usher in the Year of the Dragon, a 5-room HDB flat at Toa Payoh was reportedly sold at a record price of $1,568,888 in late January 2024. This was a flat located at The Peak @ Toa Payoh, an HDB flat built under the old design, build and sell scheme (DBSS) that has a […]
History Of Banking In Singapore: How We Ended Up With The 3 “Big” Banks For Consumers
While Singapore is a major financial hub, the Ministry of Finance (MAS) lists 6 local banks in Singapore today. In addition to the three big local banks, DBS Bank, OCBC, and UOB, there is also Bank of Singapore (a fully-owned subsidiary of OCBC), as well as the digital banks: GXS Bank and MariBank Singapore. As […]
Moulding Global Citizens: How Dulwich College (Singapore) Marries Creativity & Sustainability In Their Classrooms
This article was written in collaboration with OCBC Business Banking. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full […]
Here’s How Much More You Would Have If You Invested Instead Of Gambled in 4D In The Last 10 Years
For some, the lure of 4D, being relatively cheap and very accessible, is unavoidable. This is especially so when everyone knows “a friend” who has won big. Worse still, some may believe that buying a 4D ticket from Singapore Pools is akin to making an investment. While I’ll be the first to agree that we cannot win the […]
