Thursday, February 12, 2009

Invest in Government Securities

Dear Mr. Tan,
I have written a series of posts this time on Singapore Government Securities i.e. SGS T-Bills and Bonds. Some of the topics I covered includes on an introduction to SGS, how to buy SGS and the advantages of SGS over fixed deposits. If you think it's useful for your readers, I would be glad if you can post on it on your blog. The link is http://www.moneytalk.sg/search/label/SGS. Thanks.

See the contact person; read my blog

Dear Mr. Tan,
I have just received a rejection letter from the financial institution. What do I do? Who should I approach?
REPLY
Please read my blog. I do not have the time to give individual advice. I cannot also find the time to search for information for you. You should contact the contact person for the product that you have bought (listed in my blog) and ask for his or her advice on the actions that they are planning.


Register for class action now

Dear Mr. Tan,
I have registered my complaint with FIDREC. Can I wait for their reply, before deciding on the class action? When is the closing date?
REPLY
You must register for the class action now. The lawyer will accept your registration on a tentative basis, and allow you to withdraw if you accept an offer of settlement through FIDREC.  You should also learn about the advantages and risk of the class action now. 
If you wait for FIDREC's reply, it may be too late for you to join the class action. It is all too late for the lawyer to accept you at that time.
To register for the class action, you must see the contact person for the product that you have invested. This is shown in my blog. Search for it there. Please do not expect me to handle your individual request or to give individual advice, as I do not have the time to handle so many people.