2022 was a tough year for stock investors, especially technology stocks. Share prices of Major US tech companies such as Apple, Microsoft and Google have fallen around 30% to 40%. Tesla, once a darling for get-rich-quick investors, fell 70%. Not to mention a few high-profile collapses of crypto-related companies such as FTX. Why did technology stocks […]
Will Singapore Property Prices Continue Going Up in 2023?
Singaporeans love buying property. Indeed, Singapore property prices have gone up a lot in the past two years. Singapore Residential Property Price Index increased by 10.6% in 2021 and another 8.4% in 2022. The price raised so fast that it definitely caught the eye of the Singapore government. Another round of property curbs was swiftly […]
Singapore Property Tax Complete Guide (Updated 2023)
If you are a property owner, you receive your Singapore property tax bill every year. Whether you are a property homeowner or an investor in Singapore, you are required to pay your property tax by the 31st of January every year. Singapore property prices have gone up in the past 2 years, and so has […]
How to Invest Your SRS Account: The Complete Guide (Updated 2023)
Supplementary Retirement Scheme, more colloquially referred to as SRS, is not a foreign concept to many Singaporeans. It is a deferred tax scheme which helps you save for the future while reducing your tax expenses now. If you are a mid to high-income earner, SRS is a great way to save tax in addition to […]
What is SRS: All You Need to Know About Supplementary Retirement Scheme (Updated 2023)
Do you want to pay less income tax and save more for the future? If so, you should pay some attention to the Supplementary Retirement Scheme (a.k.a. SRS). Unlike the popular CPF retirement scheme, many people have not even heard of SRS. In this article, I will explain What is SRS and what are the benefits […]
4 Cash Alternatives to Invest in for Retirement When the Stock Market Is Volatile
We all know inflation is driving up the cost of living. And stock market uncertainty has pushed many investors to the verge of capitulation. 2022 has been a horrible year for investors because whether you invest in stocks or bonds, you most probably have ended up losing money. As you can see from the chart […]