Apart from groceries and the mundane stuff we all buy from the market... What did local financial blogger AK of ASSI buy recently?
Owning a home of our own is every Singaporean's desire. But we must be careful not to be burdened by our housing loan so much so that renting might actually make more sense.
The UOB One card allows the holder to save $500 via a Prudential savings plan instead of spending $500 for higher interest. But it stretches over five years and will be locked for an additional decade. AK weighs in with his view.
The headline interest rates on credit cards are always attractive. But most of the time, consumers have to jump through "hoops" to get the bonus interest.
AK shares an email from a reader, asking for advice about attaining financial independence and some questions about whether to use CPF to pay off a housing loan or to use cash instead.
Some might remember that the money I used to invest in Croesus Retail Trust was mostly from selling 90% of my investment in Sabana REIT a few years ago.Since my investment in Sabana REIT was as big as my in...
Make the government do some work in supporting your parents financially.
The following is a story shared by AK on his blog, an email from a 54-year-old reader intending to leave $166,000 in his newborn son's CPF Special Account (SA). It's heartwarming and illuminating at the same time.
Some might remember that I talked about an article written by Cai Haoxiang in The Business Times in 2013. He wrote about what an average household's monthly expenses could look like in 2042, using the Household Expenditure Survey 2007-2008 from the Department of Statistics as a reference.
A friend told me he is seriously considering selling his fully paid 5 room HDB flat in RCR to buy 2 shoebox apartments so that he could stay in one and rent out the other for cash flow. Hopefully, property prices would go up and he could benefit from capital gain by selling one.