Personal Finance

Investment and Savings

Mixed fortunes for S'pore-listed commodity traders

Wilmar remains an analyst 'top pick' for its cheap, historically-low valuations. -BT

Rush to trade with smaller board lot sizes on SGX

Changes to the minimum board lots for shares have sparked an investor rush back into the market with the now-affordable blue chips being a major lure. -ST

The road to riches isn't just paved with keys of condos

Beginner investors should consider the illiquidity and high costs of investing in property and opt for stocks which are more affordable. -BT

Rise in number of young investors

More people are investing at a younger age due in part to the proliferation of investment clubs at universities and a plethora of online investment education resources. -ST

Credits and Loans

1MDB pays back $750m loan owed to Malaysian banks

Repayment expected to ease pressure on ringgit and country’s credit outlook. -BT

Worst money habits millennials tend to have

No matter how secure you think you are, one should always be prepared to tackle money problems even if you cannot foresee any issues in the near future. -AsiaOne
Forex firm tells S'pore clients to pay up

Forex firm tells S'pore clients to pay up

More than 50 currency speculators in Singapore are being told to pay up. -ST

Indonesia raises 17.3 trln rupiah at bond auction, yields lower

Indonesia sold conventional bonds at an auction more than the previous time. -Reuters

Insurance

Insurance to be even more accessible soon

Consumers can compare products, bypass agents for basic policies. -ST

Compare insurance plans on Web aggregator soon

The much-anticipated move to allow consumers to compare life insurance products without engaging a middleman is expected to begin next month. -My Paper

Health insurance launched for students

Home-grown insurer EQ Insurance has launched a hospitalisation plan for students. -ST
Allianz French life insurer fined over unclaimed funds

Allianz French life insurer fined over unclaimed funds

Allianz Vie fined 50 mln euros by financial watchdog. -Reuters

Investor Profiles

Near-bankrupt man now owns successful tailoring business

At the lowest point in his life, the near-bankrupt met the love of his life who helped him get back up on his feet. -ST

Warren Buffett drinks 5 cans of Coke every day

In a recent interview with Fortune, Buffett said that he would sometimes have Coca-Cola with potato sticks or ice-cream. -AsiaOne

A life of discipline with eye on silver years

From tennis to skydiving, this CEO has time for everything. -ST

Sprinter keeps his eye on finish line

National sprinter Calvin Kang approaches his personal finances the same way he does his sporting career - by careful planning and laying out the steps he needs to meet his goals. -ST