This country tag is to be used for any question that is specific to or only relevant within Singapore

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3
votes
3answers
114 views

is it good to buy insurance policy as investment for beginner?

I have no investment experiences before. So want to get some suggestions. Lately one insurance adviser was suggesting to buy one insurance policy as investment (they called it as saving plan ) . Here ...
3
votes
1answer
145 views

Where can I find company filing information in Singapore?

I found that in the US one can take a look and research company filing information (such as 10-K, 10-Q etc) a the SEC before they invest in a company. For Singapore I only find SGX, and couldn't find ...
4
votes
2answers
185 views

What is a private banker?

When I went to the bank , I was introduced by a staff to another woman who addressed her as a private banker. As I don't understand the term private banker clearly, below are my few questions. 1) ...
1
vote
2answers
112 views

Is it good enough to close the existing saving account and open new saving account at another bank for higher interest?

I have a saving account which can earn at most 0.25 %p.a on BANK A. I have another despoit account in BANK A for my daily usage. I found BANK B is offering 0.4% per year for the saving account. ...
1
vote
1answer
219 views

How to calculate this interest rate MSA in DBS bank (SINGAPORE)?

This morning, I check Montly Saving Account of DBS bank Singapore. I tried with their calculator via this link and came up with this. Total monthly savings $ 3,600.00 Total interest earned $ ...
3
votes
1answer
225 views

best free web app or tools to track one's cash flow

I am wondering where can I get the free web app or tools to track my monthly or overall cash flow. As for now, I do use google documents (spreadsheet for budgeting) that I can use for free to track my ...
2
votes
2answers
350 views

Best steps to start saving money for a fresh grad in Singapore?

What steps should a fresh graduate in Singapore undertake to start saving money or growing money?
8
votes
2answers
1k views

“Savings” account vs. “current” account - what's the difference?

When I draw money in ATMs or open a new account, there's always the choice of either "savings" or "current" account. What's the difference between these two account types? (This is in Singapore.)
4
votes
1answer
68 views

What are the opportunities/implications of having a designated clearing bank in my home country?

NOTE: I don't come from a finance background i.e. I'm an idiot in this topic. Recently China announced that the Bank of China and ICBC will become designated RMB "clearing banks" in my home country, ...