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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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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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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My Published Letter: Help borrowers find hope (Today 14 Jan)
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.
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10 innovative Ways To Use Twitter For Business (Best Article)
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10 Innovative Ways To Use Twitter For Business Posted: 12 Jan 2010 01:19 PM PST Written by Andra Picincu
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 NetworkUsing 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 CredibilityIf 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 TwitterTwitter 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 EmployeesTwitter 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 work you do. 6. Run Special Deals & PromotionsOffer 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 ComplaintsBy 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 CompetitionYou 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 LoyaltyWith 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. |
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Casinos are best bet for revenue (ST 13 Jan)

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 experience 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.
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STI headed for major correction around June: DBS (ST 13 Jun)
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
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.
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Sell flat for $300,000 profit? No way (Asiaone 11 Jan)

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

The Star/Asia News Network
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.
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When it does not add up (Today 11 Jan)
SINGAPORE – What would you do if your employment contract said that if you get injured at work, 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.
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Why The Rich Get Richer (Robert Kiyosaki)

Taking Steps To Prepare For The Worst
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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What price happiness? (Sunday Times 10 Jan)
Jan 10, 2010
What price happiness?
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.

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. 











