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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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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Why The Rich Get Richer (Robert Kiyosaki)

Posted by admin 10 January, 2010 (0) Comment

 

robert K

Taking Steps To Prepare For The Worst

Posted on Monday, September 28, 2009, 12:00AM

In Sunday school I was taught the parable of the pharaoh of Egypt and his dream of seven fat cows being eaten by seven skinny cows. Deeply disturbed, the pharaoh sought the interpretation of his dream. A young slave boy interpreted the dream to mean Egypt would have seven years of plenty to be followed by seven years of famine. The message: Prepare for the lean years during the years of plenty. The pharaoh prepared Egypt for the lean years and led it into an era of prosperity.

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S’pore workers put in longest hours: Survey (ST 11 Jan)

Posted by admin 10 January, 2010 (0) Comment

Jan 11, 2010

S’pore workers put in longest hours: Survey

They top international poll of 13 economies; MOM’s figure is 45.9 hours a week for 2008

By Dickson Li

 SINGAPORE’S workers continue to lead the pack when it comes to the number of hours they put in at , according to a report by the International Labour Organisation (ILO).

The report puts them at the top of 13 economies in the group’s Global Wages Report for 2008-09, surpassing even the notoriously hardworking Japanese and Taiwanese.

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Seeing Old Age as a Never-Ending Adventure (New York Times 8 Jan)

Posted by admin 10 January, 2010 (1) Comment
old age
Ilse Telesmanich, 90, Tom Lackey, 89, and Charles Smith, 89, on their adventure trips
January 8, 2010

Seeing Old as a Never-Ending Adventure

OCALA, Fla. — Ilse Telesmanich, 90, sprained her ankle hiking in South Africa last August. She tried to keep going on the three-week trip, she said, hobbled as she was.

“I got very good at hopping on one foot the last time I sprained it,” she said.

But the guides had unfortunately failed to bring along any crutches — let alone walkers. So Ms. Telesmanich cut the trip short, but she is planning on leaving her home here in central Florida this summer to complete what she started.

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The Happiest People On Earth (New York Times 7 Jan)

Posted by admin 8 January, 2010 (3) Comment
January 7, 2010
Op-Ed Columnist

The Happiest People

SAN JOSÉ, Costa Rica

Hmmm. You think it’s a coincidence? Costa Rica is one of the very few countries to have abolished its army, and it’s also arguably the happiest nation on earth.

There are several ways of measuring happiness in countries, all inexact, but this pearl of Central America does stunningly well by whatever system is used. For example, the World Database of Happiness, compiled by a Dutch sociologist on the basis of answers to surveys by Gallup and others, lists Costa Rica in the top spot out of 148 nations.

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My son deserves a second chance (Today 6 Jan)

Posted by admin 6 January, 2010 (0) Comment
boyschool 
 
My son deserves a second chance
05:55 AM Jan 06, 2010
Letter from Vincent Tan

THE new school year started on Monday, but my son, who was in his first year of junior college (JC) last year, will not be attending school this year.

My son qualified for his JC having scored an O-Levels aggregate of 10 points. Except for Chinese, which he failed, he scored either A1s or A2s for his subjects.

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All is not well with the family in S’pore (ST 4 Jan)

Posted by admin 3 January, 2010 (0) Comment

dad with daughter laughing

Jan 4, 2010

All is not well with the family in S’pore

Rise in number of wayward teens show parents need to give them more than cash

By Serene Goh

 FOR three days last week, The Straits Times ran articles on teen criminals. But for every story we write on arson, theft or even rape committed by teens, counsellors have dozens more that are even harder to hear.

These stories of heartbreak concern youths deemed ‘Beyond Parental Control’ (BPC).The label covers not only complaints lodged against youth under 16 who aren’t old enough to be juvenile offenders, but also describes the state of their caregivers, who have thrown up their hands in abject defeat.

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City life hard, but better than mining and quakes (Global Times)

Posted by admin 1 January, 2010 (0) Comment

china workers

City life hard, but better than mining and quakes

  • Source: Global Times
  • [08:32 December 31 2009]
  • Comments

By Deng Yumei, as told to Chen Chenchen

My story of the past decade, if written out, is probably as long as a book.

I was born in a mountain village in Beichuan, Sichuan Province in 1966. Like other siblings in the family, I couldn’t afford to enter high school. I merely finished junior middle school. At 21, I married a man in another village. It took more than 10 hours to get there from my parents’ village.

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Newcomers keep society on its toes (Today 1 Jan)

Posted by admin 31 December, 2009 (0) Comment

LKY enlarged

‘Newcomers keep society on its toes’
Waning drive of settled generations a concern for MM Lee

05:55 AM Jan 01, 2010
by Derrick A Paulo derrick@mediacorp.com.sg
SINGAPORE – Keeping society on its toes – that is what a regular inflow of migrants, “without too huge a deluge”, will do.

And while Minister Mentor Lee Kuan Yew recognises that their arrival “worries” the current generation of Singaporeans born here and their parents, he believes it will give a fillip to the sense of drive within the Republic.

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The Singapore Solution (National Geographic Magazine)

Posted by admin 22 December, 2009 (3) Comment
singapore- NDP
The Singapore Solution
How did a sleepy little island transform into a high-tech powerhouse in one generation? It was all in the plan.
By Mark Jacobson

If you want to get a Singaporean to look up from a beloved dish of fish-head curry—or make a harried cabdriver slam on his brakes—say you are going to the country’s “minister mentor,” Lee Kuan Yew, and would like an opinion about what to ask him. “The MM?Wah lau! You’re going to see the MM? Real?” You might as well have told a resident of the Emerald City that you’re late for an appointment with the Wizard of Oz. After all, LKY, as he is known in acronym-mad Singapore, is more than the “father of the country.” He is its inventor, as surely as if he had scientifically formulated the place with precise portions of Plato’s Republic, Anglophile elitism, unwavering economic pragmatism, and old-fashioned strong-arm repression.

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A Year of Trials and Triumphs (ST 19 Dec)

Posted by admin 18 December, 2009 (0) Comment

Dec 19, 2009

BATTLES OF 2009

A year of trials and triumphs

If you imagine the Singapore scene as a boxing ring, what would you say were the biggest matches to enthrall, excite and exasperate Singaporeans this year? Today, we review 2009 – in five bouts. Enjoy.

By Nur Dianah Suhaimi

 BOUT ONE

SINGAPORE VS RECESSION

NO DOUBT about it, this was the bout that hogged the headlines – Singapore pitted against Recession, the fearsome superheavyweight that threatened to deliver the sucker punch.

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Sydney: Lin family “murdered by gangsters” (ABC 18 Dec)

Posted by admin 17 December, 2009 (0) Comment

lin family

Scenes from a family life ended too soon . . . from far left, Min, Terry and Henry Lin; Min and Yun Li Yin on holiday; Henry Lin at school.

A local politician says he believes the Lin family was brutally murdered by professional killers in a dispute over money.

Sometime between midnight and 6.00am on July 18 this year a killer or killers entered the Lin home in Epping, in Sydney’s north-west, and murdered all five family members.

Mr Lin, his wife Yunli, their two sons – Henry, 12, and Terry, 9 – and their aunt Irene were all beaten to death with blunt, heavy weapons.

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Graduates dealt harder jobs blow (ST 16 Dec)

Posted by admin 15 December, 2009 (0) Comment

graduate 2 picture

DESPITE signs of a turnaround in the job market, university graduates are no better off.

In fact, more of them are without and taking longer to land a job, according to revised official figures released yesterday.

Part of the reason is that they often tend to seek that pay close to what they used to earn, said MP Josephine Teo, who is also assistant secretary-general of the National Trades Union Congress.

However, economists interviewed foresee their lot improving in the new year, when growth is expected to hit 5.5 per cent, according to a recent poll of 20 private-sector economists by the Monetary Authority of Singapore.

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