Singapore experiences its first deflation in 5 years when consumer prices fell 0.3% in November on a year-to-year basis. Deflation, in economics is defined the decrease in average price level of good and services. While it may be good news to the consumers as their purchasing power increases with more money in their pocket for other things, investors and the government get cautious over a sustained decrease in the price level. ‘Decrease? I am still paying the same for my
The ‘Oracle of Omaha’ invests like no other – successfully. He isn’t a fierce and aggressive investor though, rather a calculative and risk-free businessmen. One might question the kind of companies he invests in, but his methods are clean, careful and even somewhat conservative. Warren Buffett ranks with currently 71.6 billion US dollar among the wealthiest individuals in the world. Born to a Congressman in Nebraska, he made his first money selling chewing gum. More than half a century later
The black gold is without question, still one of the most valuable goods in the trading market. Many countries are dependent on the consumption of it, while other economies are entirely based on the selling of oil. When the oil price suddenly falls heavily, some people are getting extremely worried and others buy frenetically. In the last weeks and months, the oil price has been experiencing the biggest plunge since the mid-year drop in 2008. The price has currently reached
“Do you want travel insurance?”, a sentence has become so common that it is now included in the menu of tour packages and online travel booking. While some of us may be guilty of travelling without getting covered, travel insurance has now evolved into a need rather than a want. Ask yourself these questions: Who will evacuate you when you are injured on top of Mount Fuji? Who will bear the cost of cancelled air tickets or tour package during the protests in Hong Kong? A flood
It would be no surprise if you have come to this article looking for the best places to retire overseas. After spending decades of your life slogging in Singapore, you feel it is now time to venture out and get some fresh air. It might seems appealing to you to spend the next half of your life in a place where you get the best healthcare and quality of life – in addition to your mansion that is overlooking the horizon by the
