Singapore has highest concentration of millionaires

Singapore has the highest concentrations of millionaires, amounting to 15.5% of the population, followed by Switzerland and Qatar. Is this due to high property prices? Read this article.

Key financial figures of REITS

Many REITS (real estate investment trusts) give a dividend yield of more than 5%. The rentals are likely to increase over the long term. Even if the rentals drop due to a bad economic situation, the yield will adjust downwards, but will still remain attractive.

I have posted the key financial  figures for some REITS, as provided by a stock broker, in the FISCA website (www.easysearch.sg/fisca). They are available for members only.  Please note that this is just a brief summary - you have to get more details from your stock broker before you decide to buy them.

Tan Kin Lian

Asking for Advice

You have to present the full facts before you ask someone (like me) for advice or assistance. Read this article.

Non-disclosure agreement

Some consumers have a dispute with a financial institution. After lodging the complaint, they are asked to sign a non-disclosure agreement. The consumer does not know what to do, or how to seek advice, as they are afraid to disclose the details of the negotiation to a friend for friendly advice.

When the consumer brings the case to FIDREC, they are also asked to sign a non-disclosure agreement. The consumer faces the same difficulty.

I have written a paper on this matter to guide consumers to how to get advice, after they have signed this agreement. This paper is available to FISCA members only, in the FISCA website (www.easysearch.sg/fisca).

Tan Kin Lian

Shape Quiz competiton - TKL office

You can organise a shape quiz competition.  The shape quiz book and minipak can be ordered here. The handling charge of $3 is waived during the promotion period. (You can also see a view of my office in the video).

The shape quiz is good for children, adults and seniors. It helps to train their mind in creativity and also to keep the mind alert. The book book comes with the puzzle and the solution.  You can also buy the tangram book.

Encouraging developments in Singapore

When PM Lee made the sweeping changes in the cabinet, I shared the views of many other people that the new ministers may not be able to handle the issues that they have to take charge of.

So far, the developments have been encouraging:

• The minister for national development has decided to build 25,000 new flats and over 10,000 rental flats quickly
• The minister for transport is seen taking buses.
• Many ministers are more proactive in getting feedback from the public and responding to them in a positive way.

We may be seeing a new style of governance and political climate in Singapore.

Tan Kin Lian

Interesting places around the world

Watch the power points and images in this website, contributed by Mike Hansford. Mike used to travel around the world when he worked for a reinsurance intermediary. He receives these power points from friends and wishes to share them with other friends.

Village in Holland - Giethoorn

Mike Hansford sent me this powerpoint about a picturesque village in Holland. Enjoy it.

Improve transport in Singapore

Some suggestions for the new Transport Minister

A better transport system

Develop local transport

How to achieve more than 100%

Here are some tips.

Home Report from Street Sine

Before you buy, sell or rent a property, get a home report from Street Sine. See here.

Russian Matryoshka

See:
http://easyapps.sg/ishop2/ProductInfo.aspx?id=39

Order here

Sample property report - useful for owners

Here is a sample property report available from StreetSine for $39. It is useful for a owner who has to decide on the selling or rental price for a private property. See TKL website or Business Mail (advertisements)

Advertise your product in Business Mail

http://easyapps.sg/bm/Frame.aspx?ID=4