Money and Finance
http://singapore.coconuts.co/2014/08/20/singaporeans-get-some-least-sleep-world-jawbone-study
I refer to this link, and the rising cases I see of Insomnia on my Twitter feed and personal experience. While I may not know what other teenagers may be losing sleep over, whether it's their love life or schoolwork issues etc I believe the common cause of Insomnia and the lack of sleep is the increasing amount of stress Young Singaporeans are facing.
Hostility towards the People's Action Party (PAP) of Singapore is increasing day by day. Go to social media sites like Facebook and I guarantee at least one post on your news feed is about what various PRCs that are imported into Singapore are doing or else it's about what our Prime Minister has said during his rally and about his CPF policies and what the people feel.
- Having Too Much Expectations On Your Dividends
So just today, I've received an email from a reader i shall refer to as Reader A. He asked and I quote: Hi TI! Good blog! I enjoy reading it. However I have one question, I have also been investing in the ABF SG Bond and am looking forward to the...
- Living Without Money: Nearly Half Of Singaporean Households Living From Paycheck To Paycheck
I refer to this link, Living without money: Nearly half of Singaporean households subsisting from paycheck to pay check Quoted: "Savings rates are way too low across the island." "Here’s an uncomfortable truth about Singaporean households: a report...
- Why 90% Of Young Singaporeans Are Worried About Their Financial Future ; Singapore Is The Most Expensive Country To Live In
It's pretty simple. I refer to a post from The Real Singapore (TRS) http://therealsingapore.com/content/survey-90-young-singaporeans-are-worried-about-their-future-finances 90% of 1000+ youths is an alarming number of over 900+ teenagers and...
- 80% Of Young Singaporeans Have Little To No Savings At All ; Are You One Of Them?
According to this link (http://sbr.com.sg/financial-services/news/disaster-in-making-4-out-5-young-singaporeans-have-no-savings) 4 out of 5 Singaporeans have little to no savings at all! True? Source: Singapore Business Review Now, firstly I would not...
- Saving During Your Growing Years
Everyone wants to be rich, don't they? This is especially true in Singapore, where the gap between the upper and middle class are increasingly widening and the costs of living are absurdly high. Everyone wants money. Some are content with having enough,...
Money and Finance
Why are Singaporeans getting the least amount of sleep ; What I really think about Roy Ngerng
http://singapore.coconuts.co/2014/08/20/singaporeans-get-some-least-sleep-world-jawbone-study
I refer to this link, and the rising cases I see of Insomnia on my Twitter feed and personal experience. While I may not know what other teenagers may be losing sleep over, whether it's their love life or schoolwork issues etc I believe the common cause of Insomnia and the lack of sleep is the increasing amount of stress Young Singaporeans are facing.
Hostility towards the People's Action Party (PAP) of Singapore is increasing day by day. Go to social media sites like Facebook and I guarantee at least one post on your news feed is about what various PRCs that are imported into Singapore are doing or else it's about what our Prime Minister has said during his rally and about his CPF policies and what the people feel.
With the future so uncertain, who knows what the increasing hostility towards the Ruling Party may bring? We're a country that used to be peaceful and happy until several changes in recent years have led to more and more Singaporeans being unsatisfied.
Again, we fail to see that all these are things affect us "Indirectly". What do I mean by that? Yes, some may argue that the CPF policies affect our retirement and PRCs affect our country's cleanliness, they are just plain annoying etc. However, even if we stay up late at night worrying about all this, will anything change? I highly doubt so.
Moving on to Roy Ngerng. I respect him a lot as a fellow blogger who has posted many relevant details about what the Government is doing. However, to be honest to the point of being blunt, I feel that there is little probability of the PAP changing anything.
Yes, there are protests being held and talks being done but the fact remains that the PAP and LSL have a very strong theory backing their claims of increasing the minimum sum.
What is that theory? Simply put IF we hit the minimum sum, there will be a monthly amount paid out for our retirement. However due to inflation, $1k + now will not have the same value down the road. Therefore the Minimum Sum is increased so that the payout will be more when we hit retirement age.
Whether or not Singaporeans can hit the Minimum Sum is another thing but the theory backing up the increase in minimum sum is solid. The increase in Transport Fares however is ANOTHER THING totally. Makes no sense that we are paying higher fares for constant breakdowns and incidents happening.. Public Transport should be made affordable for the public as it's a public transport....
As a Singaporean, I truly hope that our government will think of ways to appease the people once more. They have made mistakes, many mistakes at that. But 2016 is still some time away. By that time I will be eligible to vote too.
Here's to a peaceful sleep and less worrying for now. Stop worrying about the things we can't change. Worry about the things we CAN change.
Signing off,
Teenage Investor
- Having Too Much Expectations On Your Dividends
So just today, I've received an email from a reader i shall refer to as Reader A. He asked and I quote: Hi TI! Good blog! I enjoy reading it. However I have one question, I have also been investing in the ABF SG Bond and am looking forward to the...
- Living Without Money: Nearly Half Of Singaporean Households Living From Paycheck To Paycheck
I refer to this link, Living without money: Nearly half of Singaporean households subsisting from paycheck to pay check Quoted: "Savings rates are way too low across the island." "Here’s an uncomfortable truth about Singaporean households: a report...
- Why 90% Of Young Singaporeans Are Worried About Their Financial Future ; Singapore Is The Most Expensive Country To Live In
It's pretty simple. I refer to a post from The Real Singapore (TRS) http://therealsingapore.com/content/survey-90-young-singaporeans-are-worried-about-their-future-finances 90% of 1000+ youths is an alarming number of over 900+ teenagers and...
- 80% Of Young Singaporeans Have Little To No Savings At All ; Are You One Of Them?
According to this link (http://sbr.com.sg/financial-services/news/disaster-in-making-4-out-5-young-singaporeans-have-no-savings) 4 out of 5 Singaporeans have little to no savings at all! True? Source: Singapore Business Review Now, firstly I would not...
- Saving During Your Growing Years
Everyone wants to be rich, don't they? This is especially true in Singapore, where the gap between the upper and middle class are increasingly widening and the costs of living are absurdly high. Everyone wants money. Some are content with having enough,...