Balancing risk and reward (Sunday Times 24 Jan)
Jan 24, 2010
Balancing risk and reward
When investing money, consider your need and ability to take risk
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)

Jan 24, 2010
Strategies of a financial adviser
Options and CPF may offer better returns than stocks and fixed deposits
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)
Jan 23, 2010
Some casino staff told to leave
Applications to work at gaming tables rejected by the authorities

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 work 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)

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)

Urban, The Straits Times
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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Next Terrorist Attack: Advice from an Israeli Agent
Next Terrorist Attack: Advice from an Israeli Agent
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Reader’s Reaction To Courts Looking For Workers In JB Malaysia

An advertisement posted by Courts appeared in JB Malaysia looking for workers to work in Singapore (courtesy of Temasek Review):-
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Liposuction: Fat Takings (Sunday Times 17 Jan)

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

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 jobs 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)

The life and past-times of the typical Singaporean
In this fast-paced world, it seems we are increasingly defined by our jobs and our work. 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)

“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 #1: The real estate market will crash again.
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Couple gambling suicide case (ST 15 Jan)
Jan 15, 2010
Couple dead in hotel: Suicide
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)

MDs can be a lot younger these days
He brushes aside his youth and lack of life experience as possible obstacles in running a $50m company.
Fri, Jan 15, 2010
The Business Times
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 experience as possible obstacles in running a $50 million company.
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Teacher sues MOE after fall in school (ST 15 Jan)

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)
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.




