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.

Related posts

Categories : Financial Management Tags : , , , , , , , , ,

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

Related posts

Categories : Financial Management Tags : , , , , , , , , , , , ,

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):-

Related posts

Categories : Jobs Tags : , , , , , , , , ,

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.

Related posts

Categories : Health Tags : , , , ,

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.

Related posts

Categories : Financial Management Tags : , , , , , , , ,

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.

Related posts

Categories : Main Article Tags : ,

My Published Letter: Help borrowers find hope (Today 14 Jan)

Posted by admin 13 January, 2010 (1) Comment
Help borrowers find hope
05:55 AM Jan 14, 2010
by Gilbert Goh Keow Wah

I refer to the well-written report “Authorities armed to the teeth” (Jan 13).

The Government is to be applauded for providing the relevant authorities with more power to tackle the growing loan-sharking problem before the opening of the integrated resorts. Gambling and loan-sharking go hand in hand.

There was a serious recession last year, so illegal money lending grew as the unemployed searched for funds. There is only so much that a person can borrow from friends and relatives. For some, loan sharks might even be their first choice of lender as it saves them the embarrassment of approaching people they know.

Related posts

Categories : Media Tags : , , , , , , , ,

10 innovative Ways To Use Twitter For Business (Best Article)

Posted by admin 13 January, 2010 (2) Comment

10 Innovative Ways To Use Twitter For Business

Posted: 12 Jan 2010 01:19 PM PST

Written by Andra Picincu

Increasingly more companies use Twitter for business – to do market research, do brand advocacy and reputation management and provide selected highlights from a conference or event. Twitter allows them to expand their brand and thus generate new opportunities.

In this article, Mahendra shows you how you can integrate Twitter into your Powerpoint presentation and receive instant feedback. Steven has written about using hashtags effectively. And also, you can learn more about Twitter Lists to follow people more closely.

But to be more innovative in the use of Twitter for a business setting, here are 10 useful tips.

1. Expand Your Network

Using Twitter, you can join topic groups related to your business and career and gain valuable information from scanning others’ tweets. Your company will gain new customers and potential partners. Do a search for keywords related to your product on Twitter Search and then follow the users.

Anyone can use Twitter to build a personal brand. Your customers and prospective clients will perceive you as an approachable social personality. Twitter is designed to establish consistent and deeper relationships for future benefits.

2. Share Expertise To Build Credibility

If you hold free workshops, seminars or web meetings; let people know that it’s starting soon, how to participate and join in by tweeting about it. You can also link to your presentations and videos. Twitter can help direct people’s attention to your events.

Offer solutions to those who are struggling with something in your field of expertise. Share your ideas internally in a very efficient manner and broadcast links and headlines that can drive traffic to your website.

3. Highlight What’s Special

Twitter allows you to share the latest news and events related to your business in 140 characters. Set up a Twitter feed for the specific purpose of notifying customers when new products come in. You can use this free platform to inform event participants and highlight what’s special. Sharing valuable information and useful tips helps you build a strong web presence and gain visibility on the Internet.

4. Look For Leads On Twitter

Twitter can be used to direct traffic to your websites. You can share information that is useful for prospective clients or employers to enhance your reputation. Avoid hard-sell tactics: focus on building relationships. Don’t be afraid to take full advantage of Twitter and gather information about what customers, competitors and others are saying about your business.

Don’t think of what you can get, but rather what you can learn and what you can offer. Use free applications like Mr. Tweet to check your profile and finds relevant connections for you.

5. Communicate With Employees

Twitter is a great collaboration tool, which can be successfully used to save time and money. Forget about sending endless emails and calls – you can rather release short tweets to your team members describing what you have to say. Share what you’re doing so people learn about the type of you do.

6. Run Special Deals & Promotions

Offer incentives to those who follow you on Twitter. You can give them free coupons, discounts, package deals and samples. Twitter is a great way to create interest and secure attendees.

Social networking is excellent for those who want to promote products, services and ideas directly to a target audience. Twitter marketing is a task that involves two-way audience engagement.

7. Receive Customer Complaints

By accepting customer complaints in the open, other consumers can see what kind of company you really are. Twitter allows you to respond quickly to shut down any impending service or complaint received. Communicate effectively with each of your clients and ask for their honest opinion. Make your goals public to compel you to reach them.

8. Interact With Your Competition

You can read the tweets of your competitors daily and stay in touch with them. Although this rarely happens in the real world, Twitter has changed it all. This free platform allows you to follow companies, experts, leaders and competitors in your industry. It’s not enough to monitor the latest projects released by your competitors. Tracking their mistakes is even more useful, because you can analyze their moves and see what exactly went wrong.

9. Organize A Local Tweetup

Twitter can help you organize meetups. All you have to do is to send a message announcing the time and place of the meeting. It’s an informal and effective way of planning a meeting. You can get in touch with vendors, suppliers and other people with whom you can form partnerships.

10. Create Brand Loyalty

With Twitter, you can always stay in touch with your followers. All these people are potential customers, so you must help them get used to your products and services. Participate actively to conversations and tweet constantly. This way, increasingly more people will find out about your business, while you will gain loyal clients.

Using Twitter for business, you can convert conversations into actions. A fresh and interesting personality attracts followers. Share information that is helpful for potential customers or employers to gain recognition.

Do you use Twitter for your business? Have you any Twitter tips to effectively reach out to your customers and business partners? Share them in the comments.


Related posts

Categories : Main Article Tags : , ,

Casinos are best bet for revenue (ST 13 Jan)

Posted by admin 13 January, 2010 (0) Comment

Sentosa IRs

WITH the opening of the first phase of the Resorts World Sentosa integrated resort (IR) on Jan 20, a new milestone will be reached in Singapore’s evolving economic and social development.

Tourist arrivals to Singapore, especially from neighbouring countries, will an upswing. There will be job creation in a job market that will become more diverse. The overall economy will also benefit from the IR bounce effect once both come onstream.

Related posts

Categories : Current Economic News Tags : , , , ,

STI headed for major correction around June: DBS (ST 13 Jun)

Posted by admin 12 January, 2010 (0) Comment

STock market pattern

Money

Home > Money > Story

Jan 13, 2010

STI headed for major correction around June: DBS

But expect another rally in second half of the year, and 15-20% gain at year-end

By Fiona Chan

 

IF HISTORY repeats itself, Singapore’s stock market will undergo a major correction around June – 16 months after this rally started.

That is according to DBS Bank’s analysts, who have noted that after the last two major recessions, the initial stock market rallies that followed lasted exactly 16 months each.

Related posts

Categories : Financial Management Tags : , , ,

Sell flat for $300,000 profit? No way (Asiaone 11 Jan)

Posted by admin 11 January, 2010 (1) Comment

hdb flats 2

Sell flat for $300,000 profit? No way

Out of 60 residents polled, 58 say they are staying put in popular HDB estate.

Mon, Jan 11, 2010
The New Paper

By Desmond Ng with additional reporting by Aretha Loh, Lim Wei Li, Nurul Asyikin Nasir, Samuel Wee and Woo Sian Boon

RETIREE Wang Mei Ling is sitting on a potential profit of about $300,000 for her HDB flat in a prime location. But she’s far from happy.

 

Related stories:
» Would you pay $5 for this view?
» Stockbroker sold GCB for almost double the price he paid

Related posts

Categories : Current Economic News Tags : , , , ,

Married for three years, hubby not keen to start a family (Asiaone 11 Jan)

Posted by admin 10 January, 2010 (0) Comment
family
 
Mon, Jan 11, 2010

The Star/Asia News Network

EmailPrintDecrease text sizeIncrease text size
Married for three years, hubby not keen to start a family
 
  FOUR months after our marriage three years ago, my husband left to outstation. I live with my family and he comes back fortnightly for the weekend.

I feel depressed and lost because my husband is bad-tempered and selfish. He doesn’t respect my feelings or advice and does whatever he wants. When I need him, he’s not there for me. We have lots of arguments because his friends, hobbies and family are his priority.

Related posts

Categories : Family Tags : , , , , , ,

When it does not add up (Today 11 Jan)

Posted by admin 10 January, 2010 (1) Comment
When it does not add up
05:55 AM Jan 11, 2010
by Esther Ng

SINGAPORE – What would you do if your contract said that if you get injured at , the hospitalisation bill would be docked from your pay? And that you would not be paid during your recuperation?

On top of that, you would have to pay your employer $200 a month for not fulfilling your contract.

And you can forget about taking your complaints to the authorities on anything about the company. Otherwise you would have to pay for your employer’s legal, transport and administrative costs of between $100 and $300 a day.

Related posts

Categories : Main Article Tags : , , , , ,

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.

Related posts

Categories : Financial Management Tags : , , , , , , , ,

What price happiness? (Sunday Times 10 Jan)

Posted by admin 10 January, 2010 (0) Comment

office executives

Jan 10, 2010

What price happiness?

By Irene Tham

 Are Singaporeans happier when they have lots more money?

A study shows that people who have a university or postgraduate qualification and earn $5,000 or more a month are the happiest.

But they are also dissatisfied with their achievements and enjoy life the least, compared with those who are less well-off.

Indeed, it is the Singaporeans earning less than $2,000 a month who enjoy life the most, concluded the three academics behind the study.

Related posts

Categories : Health Tags : , , , , ,