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 […]
Oil Prices Dip Below Zero: Why It Matters To You
Recently a lot of my clients and subscribers have asked if there is any investment opportunity given the collapse of oil prices. Is it time to buy oil ETFs or energy companies, or is a recession imminent? We all know the world has become chaotic, and 2020 is a year of miracles in financial markets. […]
How Should You Handle A Recession?
If you are worried about recession in your retirement years, you should read this. In the course of my work as an independent financial adviser, I have done retirement planning for many people. In our initial discussion, most people tend to plan their retirement using very optimistic assumptions. But I always share with my clients […]