A prominent landbanking firm with the well-known tagline of ‘Buy UK Land!’ was raided by CAD last week, according to a report in the 26th August 2010 issue of The Business Times. The story was reported in the Today paper on 20th August.
According to The Business Times report, documents were carted [...]
Asset allocation can offer investors cash flows similar to dividends stocks with lower risk. Read the article – Looking for Dividend Yield? Try Asset Allocation Instead to find out more.
The law has caught up with Sunshine Empire’s mastermind James Phang. Phang who was sentenced to 9 years’ jail term and $60,000 fine. Phang’s wife, Neo Kuon Huay was fined $60,000. Former director Jackie Hoo Choon Cheat was sentenced to 7 years’ jail. The trio will be appealing against their convictions. These were [...]
The Straits Times reported that the founder of Sunshine Empire was “found guilty by a district court for running a fraudulent scheme and for faking account“. James Pang Wah, Jackie Hoo Choon Cheat and Neo Kuon Huay will be sentenced on July 30. Those who have invested with Sunshine may want to check [...]
Avoided like the plague during the financial crisis, structured products are reviving like green shoots after a long awaited rain. Dual Currency Deposits in particular, have been really popular. Depositors may not have understood the risks involved. Read the article – Dual Currency Deposits – Do You Know You [...]
Simon (not his real name), wanted to invest USD2 million. Seeing that the market is volatile, Keith (not his real name), Simon’s private banker from bank B, suggested a Regular Savings Plan (RSP) to ride out the volatility. The RSP time frame is 3 years. So USD1.8m went into a USD50,000 per [...]
Money managers have to cope with numerous limitations and constraints. Investors should be wary and consider these restrictions when deciding who would be the better choice in managing their wealth. Read the article What You Money Manager Don’t Want You To Know to find out more.
There was a report on Wednesday’s (13th April) edition of The Straits Times about the staggering returns that a novice fund produced in 2009 (Novice investment fund outperforms big guns). I decided to check out that fund’s website.
According to the article, the fund was named by Thomson Reuters as the “best [...]
