Balancing risk and reward (Sunday Times 24 Jan)

Posted by admin 23 January, 2010 (1) Comment

Jan 24, 2010

Balancing risk and reward

When investing money, consider your need and ability to take risk

By Lorna Tan, Correspondent

 Higher returns equals higher risk. It’s a basic fact of investing, yet working out just how much of a gamble you are willing to take with your cash is far harder to pin down.

The other side of the coin is when investors get so caught up chasing high returns that they ignore the risk element.

So it’s worth trying to understand what your personal risk profile is before investing your money.

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Strategies of a financial advisor (Sunday Times 24 Jan)

Posted by admin 23 January, 2010 (1) Comment

financial planner

Jan 24, 2010

small change

Strategies of a financial adviser

Options and CPF may offer better returns than stocks and fixed deposits

By Chris Firth

What do financial advisers do with their own money that most individuals don’t do? I can’t speak for advisers as a group, but I can give you a selection of insights into my own strategies. But bear in mind that these approaches may not be suitable for everyone.

 I don’t use fixed deposits

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Some casino staff told to leave (ST 23 Jan)

Posted by admin 22 January, 2010 (0) Comment

Jan 23, 2010

INTEGRATED RESORTS

Some casino staff told to leave

Applications to at gaming tables rejected by the authorities

By Jessica Lim & Lim Wei Chean
casino

IT WILL be months before the first cards are dealt at Singapore’s two casinos, but several employees have already been fired because of stringent rules that dictate who can there.

Resorts World Sentosa (RWS) has fired more than 30 casino employees, while Marina Bay Sands (MBS) has also told an unknown number of workers to go.

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Does Divorce Make People Happy? (Smart Marriage)

Posted by admin 19 January, 2010 (5) Comment

marriage

Does Divorce Make People Happy?
Findings from a Study of Unhappy Marriages

By Linda J. Waite, Don Browning, William J. Doherty, Maggie Gallagher, Ye Luo, and Scott M. Stanley

Call it the “divorce assumption.” Most people assume that a person stuck in a bad marriage has two choices: stay married and miserable or get a divorce and become happier.1 But now come the findings from the first scholarly study ever to test that assumption, and these findings challenge conventional wisdom. Conducted by a team of leading family scholars headed by University of Chicago sociologist Linda Waite, the study found no evidence that unhappily married adults who divorced were typically any happier than unhappily married people who stayed married. 

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High infidelity (Asiaone 17 Jan)

Posted by admin 18 January, 2010 (0) Comment
couple
 
Sun, Jan 17, 2010

Urban, The Straits Times

High infidelity
by Ian Lee
 
 Actor Jude Law, former United States President Bill Clinton, footballer Ashley Cole, talkshow host David Letterman and the latest addition: golf superstar Tiger Woods. (Read also: For better or for worse)

What do these famous men have in common?

All of them cheated on their girlfriends or wives.

And the effect of these high-profile cheaters on ordinary guys is alarming, say marriage counsellors and psychiatrists here.

Men are thinking it is okay to cheat too.

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Reader’s Reaction To Courts Looking For Workers In JB Malaysia

Posted by admin 17 January, 2010 (2) Comment
courts
 
Hi Gilbert,
 
Based on the Courts’ advertisement (see below), I could easily qualify for the Operations vacancy. The problem could be that I am already 56 years old but I’m IT literate with years of working . I’m willing to accept a salary of $1300. So why am I still jobless? There are many Singaporeans like me looking for …… like those advertised by Courts. These do not require special skills. Why must Courts look outside Singapore?
 
You don’t need to be a rocket scientist to figure this out. It’s the same old story. Foreign workers are young and cheap. Now I understand when NTUC recently said that we need to be ‘cheaper, better, faster’. As long as the Singapore government allows too many foreigners in, many Singaporeans, especially the older ones, will suffer. Employers will always go for the cheaper option. The Government encourages Singaporeans to longer but how can we do that when employers are not interested?
 
Too many foreigners in a small country like Singapore is not a good thing. Results? Property prices go up, MRT trains are getting more crowded, certain areas like Serangoon Road, Beach Road, Orchard Road and Geylang Road are chockfull of foreigners during weekends. All this will put a strain on our infrastructure and cost more taxpayers’ money to maintain. that can be filled by Singaporeans should be given to Singaporeans. Not only that, they must be given a decent salary. This will only be possible when the Singapore government restrict the flow of excess foreign workers. It’s that simple. I have nothing against foreigners with special skills in Singapore.
 
What’s the point of sending Singaporeans for retraining? Retraining for what? A lot of Singaporeans walk around with all kinds of WSQ qualifications but no . It’s just wasting of taxpayers’ money and our time. Only the course providers gain. Now that I think about it….those advertised by Courts could easily be filled by those who finished the relevant WSQ courses. If that’s the case, many Singaporeans (including me), should be gainfully employed by Courts.
 
I find the whole situation disgusting.
 
Peter (name chaned)
 

An advertisement posted by Courts appeared in JB Malaysia looking for workers  to in Singapore (courtesy of Temasek Review):-

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Liposuction: Fat Takings (Sunday Times 17 Jan)

Posted by admin 17 January, 2010 (5) Comment

fats

Jan 17, 2010

Fat Takings

Every year, thousands of women – and increasingly men – subject themselves to liposuction at a clinic or hospital here in a bid to attain an enviable, svelte figure.

This surgical procedure to remove fat through suction is a burgeoning multimillion-dollar industry, but not one without risks, as the recent death of property head honcho Franklin Heng has shown.

While details of what caused his death have not been revealed, it has nonetheless cast a pall on a controversial industry that has, in the last few years, been the subject of much heated debate that has split the medical fraternity and seen the Ministry of Health’s (MOH) eventual intervention.

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Reader’s Mail: Exercise Helps Me During Unemployment

Posted by admin 16 January, 2010 (1) Comment

exercise

Hi Gilbert,

I’m one of the readers of your blog and also got myself unemployed involuntarily.

During this period of unemployment, each and every single day of staying at home becomes an increasingly difficult task to manage.

I was “enjoying” the first month of unemployment and by time the second month comes, every single day becomes an increasingly difficult task when you wake up in the morning, switch on the computer, search the web directories for new postings (many were actually repeated postings) and have nothing else to do.

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Work, booze, party, sleep, repeat (Today 16 Jan)

Posted by admin 15 January, 2010 (2) Comment
ln-sg-workers
, booze, party, sleep, repeat

The life and past-times of the typical Singaporean

05:55 AM Jan 16, 2010
by Nicholas Fang

In this fast-paced world, it seems we are increasingly defined by our and our . But I think how we spend our leisure time speaks volumes about who we are as individuals and also as a collective society.

And I think in that respect, we Singaporeans have a fair bit of improving to do.

I was chatting with a new acquaintance, let’s call him Pete, a few nights ago, and he was telling me how bored he was in Singapore.

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2010: The Best of Times Or The Worst? (Robert Kiyosaki)

Posted by admin 15 January, 2010 (1) Comment
robert K
Posted on Tuesday, December 29, 2009, 12:00AM

“It was the best of times. It was the worst of times.”   
­ – Charles Dickens

Is the recession over? Are happy days really here again? Paraphrasing Dickens, my answer is, “For people who are prepared, 2010 will be the best of times. For many, 2010 will be the worst of times.”

The following are a few of my predictions and reasons behind them…

Prediction #1The real estate market will crash again.

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Couple gambling suicide case (ST 15 Jan)

Posted by admin 15 January, 2010 (0) Comment

casino-gambling pic

Jan 15, 2010

Couple dead in hotel: Suicide

By Elena Chong

 HEAVILY in debt, a businessman and his woman friend decided to end their lives in a hotel room by burning charcoal.

Chia Eng Soon, 43, a bankrupt, had borrowed money from illegal moneylenders and owed them about $13,000. He had also borrowed from relatives and could not control his gambling habit, an inquiry heard.

Chia and Yap Mui Teng, 39, were found lying motionless on a bed at Fragrance Hotel in Upper Serangoon Road last Aug 15, a few days after he had celebrated the birthday of his wife, Madam Ling Siew Hong, 46.

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19 Year Old is MD of $50 Million Company (Business Times 15 Jan)

Posted by admin 15 January, 2010 (1) Comment

MD

MDs can be a lot younger these days

He brushes aside his youth and lack of life as possible obstacles in running a $50m company.

Fri, Jan 15, 2010
The Business Times

By Chen Huifen

WHILE not denying that he is one of the youngest – if not the youngest – second- generation successors in town, PowerPlus Group managing director Marcus Ong brushes aside his youth and lack of life as possible obstacles in running a $50 million company.

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Teacher sues MOE after fall in school (ST 15 Jan)

Posted by admin 15 January, 2010 (0) Comment

MOE

A PRIMARY school teacher is taking the Ministry of Education (MOE) to court after she fractured her right ankle by jumping from a height of 3.7m to get out from her school premises.

The 38-year-old found herself locked in the school on a Saturday morning in Feb 2006, screamed for help for 30 minutes and then decided to leap to freedom.

She climbed over a ventilation gap between the first and second floors and jumped out onto a grass patch, but injured herself badly enough to need 100 days of medical leave.

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Surge of Expats in Singapore Sparks Immigration Concerns (WSJ)

Posted by admin 13 January, 2010 (2) Comment

MOM

By PATRICK BARTA And TOM WRIGHT

SINGAPORE—For years, this rich city-state has marketed itself as one of the world’s most open economies.

But as Singapore recovers from recession, its residents are questioning a key part of the country’s economic model: its long-standing openness to foreigners.

Singapore has thrown open its doors to bankers and expatriates in recent years, making it easy in many cases to establish residency and hastening the country’s emergence as an Asian version of Dubai. It also welcomed low-skilled laborers from Bangladesh and other developing countries to help man construction sites and factories.

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