The Reddit movement that propelled meme stocks to the moon in early 2021 really brought the focus on the potential of discount brokers. In Singapore, the scene has also been heating up with fintech entrants such as Tiger Brokers and Moomoo by FUTU. They come showering with generous sign-up gifts that are too good to refuse. In response, the incumbents have not sat still either. Phillip’s On-line ... continue reading...
Uni-Asia Group Limited: An Interesting Turnaround Laggard
Uni-Asia Group Limited (‘Uni-Asia’) is an investment group investing in cargo ships (dry bulk) and properties that is listed on the main board of SGX-ST (ticker code: SGX:CHJ). As at 13 June 2021, it has a market capitalisation of S$61 million. Founded in 1997 and IPO-ed in 2007, it is headquartered in Hong Kong and has business activities in dry bulk carriers as well as properties. Heartland Boy ... continue reading...
Finally reaching the Medisave Limit in 2021 through my CPF contributions
When I checked my CPF balances last month, my heart warmed a little as I realised that my CPF MediSave Account (‘MA’) has reached the Basic Healthcare Sum (‘BHS’). BHS is the estimated savings required for basic subsidised healthcare needs in old age and is adjusted yearly for members below age 65 to keep pace with the growth in MA withdrawals (Source: Ministry of Health). That amount is $63,000 ... continue reading...
Great Eastern’s Integrated Shield Plan Revamped To Now Include Claims-Adjusted Pricing
There is increased awareness on the importance of having our own private hospitalisation insurance as it helps to supplement MediShield Life, a basic national healthcare insurance plan. However, not many are aware how each component interacts with each other. Furthermore, a recent change by private insurers includes the introduction of the Claims-Adjusted Pricing (‘CAP’) framework. This was ... continue reading...
Review of UOB Absolute Cashback Credit Card
(Source: UOB) Many of you would have probably heard of the UOB Absolute Cashback Credit Card launched in May 2021. It is the latest credit card to dominate consumers’ mindshare simply because it offers the highest cashback (1.7%) in town in the category of no-frills cashback cards. Since readers have requested for a review of the UOB Absolute Cashback Card, I will be performing an in-depth ... continue reading...
