What a bizarre event. The news reported that a 34-year-old man who deceived a loan shark by claiming to intimidate debtors but did not fulfil the activities was jailed for 11 days and fined S$1000 on Wednesday (Jan 6). Muhammad Khairul Ismail pled guilty to one charge of fraud and another of gambling via a
Research has shown that less than 10% of New Year’s resolutions were accomplished by the participants. If these people were hyped by the power of the new year, why are they likely to fail by February? The primary reason why resolutions fail is its tendency to be intangible. Moreover, it comes down to how an
What is P2P investment? P2P investments or more commonly known as Peer-to-Peer (P2P) lending is a type of debt-based crowdfunding enabled by digital platforms that connect borrowers with investors without going through a traditional financial intermediary such as a bank. This concept will see investors lending to borrowers (i.e. SMEs) via the platform as a
Warren Buffett is the CEO of Berkshire Hathaway, a multinational conglomerate holding company headquartered in the United States. In the world of investing, he is considered a famous figure. As of December 2020, he has a net worth of over 85.6 billion USD, which puts him in the top five list of the wealthiest people.
As a novice in the world of investments, it is important to know the basic differences between stocks and bonds. Stocks provide partial ownership in a corporation, while bonds are loans from an individual to a company or government. One of the biggest differences between these two is how they generate profit. Stocks must appreciate
