Ever since Bitcoin came around, the debate between the digital asset and gold has been ongoing, trying to determine which is the better store of value. Proponents of each asset have numerous reasons why they believe one is better than the other. The interesting thing is that both share some traits like scarcity, which has led to Bitcoin being referred to as digital gold. In terms of price, Bitcoin seems to have the upper hand over gold, with its value
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 form of investment, and the interest earned from it will be their returns. Despite being a relatively new concept in Singapore, it has grown significantly
It is Christmastime and people are more eager to purchase gifts that have lasting value. For some people, that timeless gift often turns out to be an heirloom piece of jewelry. Grandparents often pass down their jewelry in the hopes that their grandchildren can “sell it one day” when the need arises. I cannot say that it has not crossed my mind. Then again, I find it difficult to sell the ring that my late grandparents have given me. Buying
Investing is the act of allocating your money in the hopes that you will achieve a profit in the future. The money generated from your investments can provide income and fulfillment of long-term financial security. Now is the ideal time to start investing! Allow me to convince you with these “6 Essential Reasons Why You Should Learn To Invest”. #1: WORK SMARTER, NOT HARDER Many people do not think about investments until they are well into their 20s or 30s.
Gold prices have been on an amazing run in 2020. It has surged from USD 1,550 to reach USD 1,800 (Source: goldprice.org) in November 2020. Increasingly, investors also recognise the importance of having gold in their portfolios. When it comes to gold investments, investors are spoilt for choice since there are various platforms available in the market. We researched across the various platforms to determine the most cost-effective and efficient way of investing in gold. Comparison of Various Platforms for