This is a common question that comes up among investors. There is no right or wrong answer but for those who are not adept at timing the market or who have no time or energy to monitor the market everyday, I feel dollar cost averaging (DCA) is an easier and safer approach as it averages out the per unit cost over time. Putting aside a set amount of money for investment at regular intervals is analogous to a form of regular savings (albeit with a higher level of risk tha...

It is too expensive to own a car in Singapore, I would rather invest the money needed to get a car and continue to use public transport
I find it more convenient to take public transport as I can play games on my portable gaming console during the journey, can't do that if I'm driving
Also good to reduce carbon footprint by taking public transport

Since young, I have been told by my teachers that a car is a depreciating asset. Besides road tax, parking fees, ERP and petrol/electrical costs, it needs regular maintenance and will require repairs at one point or another. It is recommended not to spend more than 20% of one’s disposable income on car expenses. Although owning a car provides convenience (especially if one is laden with shopping or has young children or family members with mobility iss...

Many people like to plan their getaways during long weekends due to public holidays but I’m the exception. I prefer to travel during off-peak periods as I dread long queues (like when crossing over to Johor), large crowds and the air fares and accommodation will be cheaper. What do I do then during long weekends?
I think it is important to take breaks to recharge our batteries but it doesn’t have to be away from home. Catching up on dramas and books while munching on healthy sn...