[Post 315] The man who rears crabs at home in Singapore

Summary

Meet Shannon Lim, who’s not only rearing his own crabs at home, he’s teaching others to do the same - even if they don’t have the space. 

[Post 314] Why Are Cars So Expensive in Singapore? | Street Interview

Summary

We hit the streets of Singapore to talk to locals about their car prices and to find out why Singapore is the most expensive country in the world to buy a car.

[Post 313] Why Even Rich People Will Receive CDC Vouchers in Singapore

Summary

Unlike the usual support scheme, the CDC Voucher Scheme is for all households, including the rich. So why did even your rich friends receive the CDC vouchers?

[Post 312] What stocks should I buy during a recession? | Money Talks podcast

Summary

With many signs pointing to a looming recession, is it time to add some resilience to your portfolio? Are there “recession-proof” stocks that are worth investing in? 

Alvin Chow, CEO and founder of Dr Wealth, charts a path through these uncertain times for host Andrea Heng on this episode of the Money Talks podcast.

[Post 311] Why buying a house in the US is so hard right now

Summary

Homeownership in the US is basically synonymous with the idea of the American Dream. Owning your own home, the story goes, confers both self-determination and security — instead of paying a landlord, you own a growing asset that will form the base of your wealth. Homeownership is ingrained in US society; the majority of American adults are homeowners.

But somewhere along the line, something changed. Homeownership has been way less accessible to millennials and gen Z than it was to their parents, in part because of dwindling housing supply. But even within that generational disparity, 2023 was a uniquely bad year to try to become a new homeowner. Watch the video above to see exactly how bad, and why.

[Post 310] I Live On $183K/Year & Own Four Rental Properties Worth $2.3 Million | Millennial Money

Summary

For his day job, Karun Vij earns $183,000 as a regional sales manager for an automation supplier. But before the age of 33, he has also amassed four properties, worth over $2.3 million. His ah-ha moment came about in college, when he realized the value of buying up student rentals -- and he doesn't plan to stop any time soon.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 309] Why Used EV Prices Are Falling

Summary

Used EV prices are falling. Studies show that used EV prices fell somewhere around 30 percent in September and October 2023 from the same period in 2022. Used overall vehicle prices including ICE, hybrid and EVs declined by only around 5 percent. It bodes well for buyers, but some say it is yet another sign demand is faltering and that consumers may see EVs as a bad investment. Others say those fears are overblown. Interest rates are high and consumers are pulling back on spending. And despite price drops, EVs are still expensive.