Contrary to the popular image investment intermediaries try to project, they can only keep you rich, not make you rich! Read the article – Your Investment Adviser Can Make You Rich?! Thank Again to learn more!
Traditionally, any forms of investment other than cash, equities and bonds are considered as an alternative investment. That includes properties, commodities and hedge funds. Although classified in the same category, the difference in approach to investments for the alternative class as different as apples and oranges. Are hedge funds, a form [...]
Having the right investment adviser who works for you and not his employer is paramount to having good advice. With the slew of lawsuits between private banks and their clients lately, investors should be mindful of some basic questions when choosing their asset managers. Read the article –
The sizzling Singapore property market has attracted many investors, including numerous foreigners. It is so hot that the government was prompted to introduce more measures in an attempt to cool the market amidst the ‘buying frenzy’. In contrast, the talking point in the equities market has been over the direction of [...]
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.
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 [...]
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.
Instead of making money, many investors have done exactly the opposite. One of the reasons is the focus on the returns instead of the outcome. Read the Don’t Miss The Big Picture why an investor should focus on the big picture.
Like a stunned rabbit starring into the lights of an oncoming truck, investors are left bewildered in the wake of the ‘perfect storm’ that swept the world of investments. An investment portfolio constructed with simplicity in mind can go a long way in helping investors manage and maintain their portfolios. Read the [...]
Investment scams have become more creative. No longer can the investor just rely on tell tale signs of unrealistic returns to separate the sheep from the goats. We offer some questions to ponder before investing. Read the article – Sounds To Good To Be True? It Probably Is to [...]
The Malaysian Court has acquitted the 3 directors and a former director of 224 charges of money laundering and 5 charges of illegal deposit-taking.
Judge Rozana Ali Yusof made the judgement that Genneva gold buy-back scheme is just a marketing strategy employed by the firm.
Bank Negara Malaysia (BNM) will file [...]
In the continuation of the hearing of the Profitable Plots case, a prosecution witness told the Court yesterday that the Boron scheme was “not viable”, reports the 25th April 2013 edition of The Straits Times (Investment scheme was ’not viable’).
A specialist in evaluating business sustainability from auditing firm Ernst & [...]
The trial of the 3 directors of landbanking firm Profitable Plots began yesterday, reported the 23th April 2013 edition of The Straits Times (Sham investment plot motivated by directors’ greed: DPP).
Deputy Public Prosecutor Luke Tan said that Profitable Plots’ directors were motivated by greed in coming up with the [...]
CAD’s investigation into gold buyback firm The Gold Guarantee has been extended to 6 other affiliated firms. The 6 companies are:
Asia Pacific Bullion Pte Ltd
Singapore Precious Metals Pte Ltd
The Discovery Group Pte Ltd
Emperor Grand Pte Ltd
SG One Pte Ltd
The Gold Treasury Pte Ltd
CAD’s FAQ on the investigation into The Gold [...]
Yet another gold buyback firm has collapsed. Channel 8 news reported on the 09th April 2013 that around 400 clients of SG Gold are affected after the firm closed down last month. SG Gold cited the slump in gold prices as the reason for closing down.
SG Gold unsuccessfully tried to find [...]
More than 180 investors of gold buyback firm The Gold Guarantee (TGG) turned up at The Speakers Corner at Hong Lim Park on the 06th March 2013 to sign a petition hoping to spur the authorities to expedite investigations into TGG, reports the 07th March 2013 edition of The Straits Times (180 investors ink [...]
Following months of failure to contact The Gold Guarantee (TGG) founder Lee Song Teck and the slow progress in CAD’s investigation, anxious investors of TGG will be collecting petition signatures for submission to the authorities at Hong Lim Park. Details as follows:
Where: Hong Lim Park
When: Wednesday, 06th of March, [...]
It has been said that investors who took physical possession of their gold has less to worry about compared to those who left it with The Gold Guarantee (TGG) for higher ‘interest’ as they can still sell it to pawnshops or banks. Now, some investors are facing difficulties trying to sell their gold holdings. The [...]
The Commercial Affairs Department (CAD) has stepped in to investigate gold buyback firm The Gold Guarantee (TGG) after investors made police reports. TGG founder Lee Song Teck has remained uncontactable since Jan 8. CAD has also listed a FAQ page on the investigation into TGG. Below are the page contents:
More customers of beleaguered gold buyback company The Gold Guarantee (TGG) have lodged police reports after its founder and CEO Lee Song Teck remains uncontactable, reports the 26th January 2013 edition of The Straits Times (Customers lodge police report after CEO goes missing).
It was reported that about 2 dozen [...]