Saturday, 11 May 2024

[Post 366] Buy Groceries With Others To Beat Inflation? How Group Buy Works: Bargain Hunters | On The Red Dot





Summary

Everything’s getting more expensive, but some have found a way to beat inflation. Banding together to buy in bulk gets better prices and helps defray delivery costs. This is the magic of group buy. From groceries and ready-to-eats to home fixtures, savings can be as much as 30% to thousands of dollars. Host Andrea Chong hunts down bargain hunters who rule the world of group buy.

Jazmine Ng regularly uses group buy to purchase groceries, snacks, and other household items, saving about 20-30% of her household expenses per month. Her group buy host, Kelly Sia, reveals her bargain hunting prowess. She manages two group buy groups while running her own home and managing her kids. But Candy Pan takes it to the next level. She manages several group buy groups that reach out to a network of 60,000 bargain hunters, tops it all. How does she do it and what is in it for her? 

Friday, 10 May 2024

[Post 365] Where's Bitcoin’s Price Headed After Halving In 2024? | Money Mind | Bitcoin





Summary

Bitcoin is halving for the 4th time. In previous cycles, there was a brief price correction following a halving event and then prices surged again. But there is something different this time. 

Saturday, 4 May 2024

[Post 364] Advancing At Work: How A Personal Brand Helps | Money Mind | Career





Summary

What are the skills that young adults need, in order to stay competitive in the ever-changing world of work? Careers coach Chee Sze-Yen shares ways to stand out at work. Joining her at this special Money Mind adulting townhall are financial planner Christopher Tan and property expert David Baey. 

Thursday, 2 May 2024

[Post 362] Your First Property: What Not To Do In Singapore's Property Market | Money Mind | Property





Summary

Buying a home is the biggest financial decision most of us will have to make. So what are the dos and don'ts for first-timers in Singapore's property market? In this special edition of Money Mind, young adults share their pain points in the road to home ownership. Helping make sense of it all are financial planner Christopher Tan, property expert David Baey, and careers coach Chee Sze-Yen. 

Wednesday, 1 May 2024

[Post 361] Building Wealth: How To Construct A Core Portfolio | Money Mind | Wealth





Summary

Being an adult with your money is hard. So how can we make adulting easier by making better financial choices? In this special edition of Money Mind, young adults look for the answers to these questions and more. Helping make sense of it all are financial planner Christopher Tan, property expert David Baey, and careers coach Chee Sze-Yen.

Friday, 26 April 2024

[Post 360] HR Insider’s Secrets: Here’s What Companies Aren’t Telling You About Layoffs




Summary

Shopback, PropertyGuru, Meta, eBay and Dell. These are just a handful of companies that carried out mass layoffs in the first quarter of 2024 alone.

What are the sure signs that a retrenchment is headed your way? How to tell if your job is safe? If you do get laid off, should you hide it from your next potential employer? We find out the answers from an HR professional who agreed to bare all the facts on condition of anonymity. 

Tuesday, 23 April 2024

[Post 359] Why China, Japan And The Fed Are Shaking Up The $26 Trillion U.S. Treasury Market


Summary

When investors think of the financial markets, the first thing that likely comes to mind is the stock market.

But there is a bigger, less-flashy counterpart to the equity market: the bond market. At the heart of the fixed income space lies U.S. Treasurys, one of the safest investments in the world.

"We have not paid attention to the Treasury market because it was a market for foreigners or for the Fed," said Priya Misra, fixed income portfolio manager at J.P. Morgan Asset Management. "Now it's a market for all of us, and it's giving you better yield. So it's something which we should not ignore."

Buyers of U.S. Treasurys have been changing, with major players including China, Japan and the Federal Reserve seeing their respective holdings decline in recent years. The shift could have broad implications for the U.S. economy.

"What we're observing is that [the new buyers] are a lot more price sensitive," said Anders Persson, global fixed income chief investment officer at Nuveen. "They're just not quite as sticky."

Watch the video above to find out more about why major buyers are fleeing the U.S. Treasury market, the impact on yields and the economy at large, and how investors can best navigate the market going forward.