Personal Finance

  We all know by now that leaving our excess cash in a bank savings account is not the best idea. After all, with some savings accounts giving as low as 0.05% per annum interest, the meagre returns are insufficient...

  The price of a COE should be a major consideration for any prospective car owner, as there are times when it's possible to pay more for the COE than for your car. As a result, it's helpful to have...

  Say “investment” and what comes to mind are securities such as stocks, bonds, commodities and funds. But apart from these popular and well-known instruments, there are also other, non-traditional assets that can be traded and held as investments. Termed “alternative...

  How to distribute your savings and funds into a bank account can be unclear, especially if it’s unclear which accounts do what. Read to find out how to best use available bank accounts. Types of Bank Accounts There are four types...

Inflation Slows, Paving the Way For the U.S. Fed to Pause Rate Hikes Source: Unsplash The U.S. Federal Reserve announced in May an interest rate hike of just 25 basis points, much tamer than the 50 or 75 basis points put...

  Endowment and investment-linked plans (ILPs) are among Singapore's most common insurance plans. While both types of plans are suitable for achieving long-term financial goals, there are distinct differences in how endowments and ILPs work. This article will explore the key differences...

The FIRE movement, which stands for Financial Independence Retire Early, is a lifestyle movement that emphasises saving and investing early in life to achieve financial independence and early retirement. The basic principles of the FIRE movement include: I. Saving aggressively ...

  “Blue-chip stocks” denotes stocks and shares of successful companies considered leaders in their respective fields and segments. The term comes from poker, where the highest-value chips are blue; similarly, blue chip stocks are regarded as some of the highest-quality...

SINGAPORE: A 25-year-old man who saved his "first pot of gold" wrote that he was more confused than ever as he did not know what to do with the money. In an anonymous post to popular confessions page SGWhispers, the...

With mortgage interest rates in Singapore on the rise, homeowners are starting to wonder if making full payments on their mortgage loans ahead of schedule is a smart way to save. While the basic answer is yes, the financial...