Before the invention of the internet, stock traders/investors used to rely heavily on their stock brokers to check the prices. For those of you who are old enough, you might remember the good old teletext. Commissions those days used to be quite high and being a remisier can be a lucrative career. After the start of […]
Looks like another wine investment that are being sold to retail investors has gone sour. Accordingly to an article in the Straits Times yesterday, six angry investors had gone to the office of The Bottled Wealth Holdings to demand their money back. The investors had been promised returns of at least 15% within three years but […]
In Singapore, retail investors have a lack of choices if they want to buy a bond as there are very few bonds that are listed on the secondary (retail) market. Wholesale bonds are denominated in sizes of $200,000 and more. Conservative investors who do not want to invest in the stock markets end up doing one of […]
What do strata-titled-shops and high end Sentosa Cove properties have in common? Some of their investors are hurting big time. Falling Sentosa Cove Prices According to a Reuters article about Sentosa Cove, property prices on Sentosa Cove have fallen due to distressed sales and many houses are sitting empty. Mortgagee sales have quadrupled to 64 […]
I was not at all surprised to read that Brazilian property development Ecohouse had closed its office in Singapore. After all, they had announced earlier in January this year that they would be stopping sales of new projects in Singapore in order to focus on the construction of the properties. If there is not going to be any […]