Hey, mooers!
As we sail into October, the market is a mixed bag of opportunities and challenges. Recent tensions in the Middle East have caused significant fluctuations in international oil prices. Meanwhile, China's economic stimulus measures have yet to provide sustained market momentum. With the U.S. presidential election drawing near, investors are also digesting a slew of post-rate-cut economic data. On a brighter note, the Nobel Prizes in P...

Hello Singapore Investors! 🌟
We have some exciting news that you won't want to miss—guess what?
📢 You can now trade Hong Kong stocks on moomoo with absolutely no commission fees!
But wait, there's more!
✍️Exciting developments are unfolding in the Chinese markets, and here’s what you need to know:
🔺Interest Rate Cuts: On September 24, the People’s Bank of China announced a rate cut.
🔺New Fiscal Stimulus: Shortly after, China...

Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!

Unless you also have a chauffeur, its more productive when taking public transport, you can work on the go.
Unless you are not using your own money, annual depreciation should be no more than 20% of your annual income.

20% of my monthly income is what I’ll feel comfortable spending on a car. It contains the car mortgage, petrol, road tax, erp, parking, etc. If only for operating expenses, 10% of my income would be acceptable.
What's more, share a advice I received before is that your car cost (COE + buying the car) should not exceed your annual income. Typically, car expenses in Singapore would be no less than 1.5k a month. To keep some buffer, ...

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...