Wednesday, September 29, 2010
Robberies in the early morning
Read this message from the Police. I suspect that there is an increase of crime due to the large number of foreigners in Singapore and the difficult economic situation affecting some groups of people. I wonder if the losses of customers visiting the casinos also contribute to this situation?
Subscribe to SGE portal and TKL website
You can follow these instructions to subscribe to Singapore General Election Portal using Google Reader.
Subway on the street
New York City has introduced a new concept of uses buses that can travel fast and have short waiting time to load and unload passengers. They are using the concepts of the subway - prepaid fares and dedicated bus lanes. The cost of this system is less than 1% of the subway system. It can be implemented in a short time (compared to years to build a subway line). The bus service Bx12 in New York has proven to be successful. It is well received by commuters and has fast travelling time. Source; New York magazine.
Read www.tankinlian.com/latest.aspx
Read www.tankinlian.com/latest.aspx
Tuesday, September 28, 2010
Child Custody For Mothers – How to Win Child Custody Review | Child Joint Custody
Child custody for mothers is a source of concern and anxiety for mothers whose relationshp has broken down and where there is a child or children involved. “Custody Strategies for Women” is a book written by 2 experienced practitioners in the whole area of child custody..from a legal as well as psychological viewpoint.
Book review dealing with child custody for mothers
GIC IPO
A consumer asks for my views about whether the IPO from the Government of Singapore Investment Corporation, that is expected to be launched soon. Is this a good investment? I am not able to give an opinion. I asked an analyst to make a summary of the investment.
DBS Vitamin Account
The Vitamin account is a structured product. An investor invested $40,000 in October 2005. On the maturity date in October 2011 (5 years), the investor will receive the full principal plus the performance of the underlying references (which amounts to NIL). During the 5 years, the investor obtained a total payout of 4.1099% or about 0.8% per year. This is a poor yield for an investment that is locked up for 5 years. It is a structured equity-linked product.
Many investors had invested in structured products, such as the Vitamin account, for 5 years and received a paltry return. It is advisable for investors to avoid all types of structured products, including the capital guaranteed, capital protected, equity-linked, currency-linked or credit-linked products. The experience of nearly all the products issued by the banks over the past ten years had been disappointing.
Many investors had invested in structured products, such as the Vitamin account, for 5 years and received a paltry return. It is advisable for investors to avoid all types of structured products, including the capital guaranteed, capital protected, equity-linked, currency-linked or credit-linked products. The experience of nearly all the products issued by the banks over the past ten years had been disappointing.
Termination of Private Shield
I terminated my Incomeshield as I preferred to be insured under basic Medishield. I received this letter from NTUC Income:
"If the insured is also covered in the integrated plan and the policy is terminating without switching to another insurer or change, of plan .... the insured will continue to be insured under the MediShield scheme with th eCPF Board, as long as he/she is eligble for the scheme. The MediShield cover willbe renewed automatically each year after the premium is deducted from the Medisave account".
In short, the transfer to Medishield is automatic. If the insured wishes to terminate the MediShield cover, a separate termination form has to be submitted to the CPF Board.
"If the insured is also covered in the integrated plan and the policy is terminating without switching to another insurer or change, of plan .... the insured will continue to be insured under the MediShield scheme with th eCPF Board, as long as he/she is eligble for the scheme. The MediShield cover willbe renewed automatically each year after the premium is deducted from the Medisave account".
In short, the transfer to Medishield is automatic. If the insured wishes to terminate the MediShield cover, a separate termination form has to be submitted to the CPF Board.
Subscribe to:
Posts (Atom)