Monthly Archives: February 2009
Does Saving Money Rank Highly In your Financial Priorities?
Last week, there was a harsh report from DBS that Singapore may lose 90,000 jobs due to the worst economic recession in recent decades, pushing the jobless rate to 5 per cent by mid-2010. It was further postulated that the economy … Continue reading
Filed under Business, Economy, Stocks, environment
Putting Your Cash To Use: Be A Gold Bug And Clear Debts
Global stock markets have been whitewashed over the past month, Dow Jones fell to its lowest level in 6 years this week, and gold has charged to a record high $1,007 as investors seek to preserve capital. Granted that Obama’s … Continue reading
Protectionism Will Cost Investors Dearly
The US government revealed on Friday that payrolls tumbled by 598,000 in January (the biggest one-month drop in 34 years) and the unemployment rate is now at a 16-year high of 7.6%. In a month of brutal layoffs, I guess the … Continue reading
