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The phone call that ruined Mohammed Hoque’s life came in April 2014 as he began another long day driving a New York City taxi, a job he had held since emigrating from Bangladesh nine years earlier. ... 25 Jun 2019, View: 1

Miss X has a HDB flat in Telok Blangah. In Dec 2017, She bought another HDB flat in Chua Chu Kang as it was near to her workplace. She wanted to avoid the long travelling time of 1.5 hours each way to... 01 Jun 2019, View: 4

A junk bond is a bond that is unrated or has a rating that is below BBB- by Standard & Poor, a rating agency. A bond that has a rating of BBB- or higher is considered as "investment grade". Som... 31 Mar 2019, View: 11

Someone asked me about an "open end mortgage". I found the following description of this mortgage here. What is an Open-End Mortgage An open-end mortgage is a type of mortgage that ... 27 Mar 2019, View: 10

34,000 retail investors are likely to lose up to 90% of their investment in Hyflux preference shares and perpetual securities.  This will be a painful loss.  To make matters worse, som... 18 Mar 2019, View: 6

Dear Mr. Tan I wish to share this experience with my bank. I think that the bank is acting dishonestly. I placed my fixed deposit with them a few years ago. The relationship manager advised me t... 18 Mar 2019, View: 13

Someone made this observation. Investors should not assume that it is safer to invest in bonds compared to stocks. All investments need to be studied carefully.  In the case of bonds, the... 10 Mar 2019, View: 24

Mr. X sold his landed property for several million dollars. He had spare cash. He bought two shop units in a suburban mall to earn a rental income. However, the mall was not able to attract regular... 06 Mar 2019, View: 15

A retiree invested $250,000 with a bank. She lost 95.5% of the investment. The value of her investment is now $11,200. What type of investment is this? PERPETUAL SECURITIES? Some people specu... 14 Feb 2019, View: 35

In this article, I will explain why you should invest in an index fund and how you can go about doing it. First, what is an index fund? It is a fund that is invested in the big listed companies in ... 26 Jan 2019, View: 32