Investments

Everest Gold: What you need to know before investing

Everest Gold is a Singapore fintech company working to make gold trading and investment accessible and affordable for retail investors on a secure online platform. It employs advanced technology which allows clients to track real-time gold prices as they seamlessly build, invest, trade and sell their gold portfolios. Investors do not need any specialised trading experience to yield higher profits when investing in gold via Everest Gold. Simply buy when the price of gold is low and sell when price

Read More...

Investments

‘Thrive with Grab’: New financial products including the opportunity to invest on the Grab app

Grab logo

Last Tuesday (28 July), we wrote about how Grab might be implementing a 0.32 SGD platform fee on each ride to help cover its costs. Today (4 August), Grab Financial Group, the financial services arm of the ride-hailing company has announced a few new financial products including a micro-investment scheme that would allow you to invest as you spend on the Grab app. The new features are part of the ‘Thrive with Grab’ strategy which aims to tap into Southeast

Read More...

Investments

How To Maximise Your Returns Investing In Gold With Everest Gold

The arguments of having gold in your investment portfolio have already been well articulated by scholars, but do you know how to go about doing it in Singapore in a cost-efficient manner? The traditional way of buying gold jewellery and passing it down to the next generation is highly cumbersome and costly. Purchasing gold bars from a bank and storing them in a vault will not be cheap either. Fret not, your chance to start building your own dream gold

Read More...

Investments

Get $20 cashback for this short term investment backed by Singapore properties

Debt crowdfunding, commonly known as peer-to-peer (P2P) lending is an investment concept where individuals & institutions together invest in loans to SMEs and earn returns in the form of interests. Considerably disruptive, the industry adopts a business model targeting the underserved SMEs by employing technology to directly link investors with them. Funding Societies is the largest such platform in Southeast Asia, having financed over S$1.3B worth of funds via their platform. About Funding Societies The platform is licensed and has

Read More...

Investments

Aussie dollar slides to a historical low of S$1.00 = AUD1.25

Australian dollar dives towards a new low against the Singdollar The Australian dollar has dropped further against the Singapore dollar, pointing towards an all-time low of 1.25, a rate never seen before since September 2001 when it hits 1.18 according to Investing.com. The AUD has plummeted amid ongoing concern regarding the coronavirus pandemic and could sink further as it takes its toll on the economy. The historical rates of the SGD/AUD pair from fxtop.com shows it briefly hits 1.18 in 2001

Read More...