Alvin Soong’s Blog

A friend send me on this to help him place on my blog. I thought this was quite interesting, as he told me with a min. sum of $17k-$18k, the after-tax profits is 18.75%pa for 2 yrs. Venue is set at Canada, Jasper Lake. For short term 2yrs investment, I thought this would be useful […]

For those who recently wants to know about the reasons behind the recent Fianancial Turmoil with AIA, and other banks, please read this, go to link:
http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/
Other Summarised News:
- Singapore projected to drop to 4% economic growth. Possible recession coming
- Naked Short Selling Banned. US injected $700B to aid financial market. Fed US Ben Bernake recommended […]

Recently some of the clients who forgot and didn’t understand fully the investment concepts we explained to them before. Some of them had investments ILP done as long as 2-3 yrs ago. Most of the people who are unsettled we found, have short term time horizon and though they claim they have high risk appetite […]

Though the current value of her portfolio has fallen about 20 per cent due to the correction in the market, there are investors who believe that in the long run/near future, the stocks will peak up. Research must be done before investing and favours stocks that can continue to deliver good dividends, have low price-earnings […]

Be prepared for the strong possibility of more selldowns in the weeks and months ahead. The US financial sector and therest of the economy could take a couple of years to clean up and consolidate.
Unemployment will go up, housing prices continue to drop, more mortgage loans will be foreclosed, domestic consumption may shrink and economic […]