The gold price has soared beyond the record of US $2,000 per ounce. The rally is so strong that it spilled over to the silver market. Silver rallied from $18 per ounce to $26 per ounce, a 44% rally in a month. Now the questions are, “How high can the price of gold and silver […]
5 Ugly Truths of the Coming Retirement Crisis and How to Deal With It
We were on the verge of the greatest retirement crisis in history and COVID-19 just triggered it. In the decades to come, globally, we will witness hundreds of millions of people slipping into poverty in their retirement years, not because they lost money in the stock market, but because they are savers. If you are […]
Is Singapore Spending Too Much National Reserves?
Are we drawing down the national reserves too fast? With President Halimah’s assent, Singapore is withdrawing another eye-popping $31 billion from its reserves to fund Covid-19 support packages, you may justifiably wonder: “Is there a limit to this?” By now, Singapore has used close to $100 billion from its reserves to fight the “deepest economic crisis […]
Who Is Manipulating The Stock Market
If you were to look only at the stock market and nothing else, you’d probably have no clue that millions of people just lost their jobs, hundreds of global companies are filing bankruptcies and yes, we are still in a global coronavirus pandemic. Why do the stock markets ignore all the bad news? Are we […]
Investing in REITs – Why It Is NOT the Right Time to Buy Now
With the global recession triggered by COVID-19, we have seen that the Singapore REITs index has suffered a massive 20% loss. You may be asking, “What would be the impact of COVID-19 on REITs? Is it a good time to buy REITs now?” In this article, I want to help you understand three questions. Why […]
Why Did The Stock Markets Rally Despite The Looming Recession
The global stock market has just had an amazing rally in April despite a looming recession ahead. Do you feel puzzled and frustrated by this? Did you sell your stocks in March or were you waiting on the sidelines? The further we get into this global lockdown due to the COVID-19 pandemic, the clearer the […]