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

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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

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Has Gold & Silver Finally Bottomed?
Read more on Gold at Wikinvest

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Filed under Banking, Deflation, Economy, Stocks, bonds, credit cards, gold

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

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Filed under Business, Deflation, Economy, Stocks