Monthly Archives: January 2008

Saving on petrol and car park charges

In 2006, whenever I filled up my petrol tank of my car, it used to cost me about $30 dollars per week. This year, my petrol consumption has risen to about $50 dollars per week. My travelling pattern has not … Continue reading

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Volunteering at O’Joy

O’Joy Care Services, a charitable organisation, had a booth set up in the Silver Industry Conference and Exhibition (Sicex) held over 12-13 January at Suntec Convention Centre.   Together with my wife, we helped out at the booth on 12 … Continue reading

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Debut of FTSE ST Indexes

10 January 2008, was the debut of the FTSE ST Indexes. The closing values of the revamped STI and the 18 indexes are provided the table below.     Close Change Straits Times Index (STI) 3311.07 -33.46 FTSE ST Index … Continue reading

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New STI and other Stock Indices – FTSE ST

On Thursday 10 January 2008, the Straits Times Index (STI) comprising 47 stocks will be replaced by the new, slimmer 30-stock STI. It will pick up the closing value of the old STI achieved on Wednesday and seamlessly transit to … Continue reading

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World Bank Report on Economies in 2008

The World Bank in its report titled “Global Economic Prospects 2008”, said that the world economy slowed to 3.6 percent in 2007 compared to 3.9 percent in 2006. (Source: AFP, 9 January 2008)   Though the US economy slowed as … Continue reading

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Coping with sudden windfall

The Business Times (5-6 January 2008) carried an article entitled “Windfalls: not quite the ticket to paradise”.   Do windfalls such as winning a lottery, enbloc sale of property, receiving inheritance on death of relative, etc., result in financial freedom? … Continue reading

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Property Prices gained spectacularly in 2007

The private home prices rose 31% in 2007, the biggest year-on-year jump since 1999.   The URA private home price index as at end 2007 is now just 6% below its peak in Quarter 2 of 1996. It is fast … Continue reading

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