When faraway princes are after your heart and Insta-buddies are after your OTP, the best thing you can do for your life’s savings is to follow these life-saving tips. The Internet has brought us an unprecedented level of convenience but not without new dangers. Fraudsters are increasingly taking advantage of …
Invoice financing VS Traditional loans: What is the difference?
Invoice financing VS Traditional loans: Content Summary: Invoice financing is different from traditional loans, and it has its own set of pros and cons. Companies can choose from the five major types of invoice financing available, namely invoice factoring, invoice discounting, selective invoice financing, spot factoring and auctioning online, based …
All new Property-Backed Investment with Guaranteed Returns
What are guaranteed returns on investment? Every investment comes with different levels of risk. An effectively guaranteed return on your investments simply means that investors are promised with some levels of certainty that they will receive a return on their investment in any circumstances. Funding Societies’ new Guaranteed Property-backed Investment …
3 Reasons Why SMEs in Singapore should Go Digital
3 Reasons Why SMEs in Singapore should Go Digital It is no longer an option. From 2010-2018, Enterprise Singapore launched several programmes aimed at increasing SME productivity. As the nation embarked on a major innovation drive, the Government introduced the Productivity and Innovation Credit Scheme (PIC) in Budget 2010. The …
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How to Manage Your Investment Portfolio Like a Pro
Tips to managing your investment portfolio Managing an investment portfolio is a lot like managing a business. With a disciplined, patient, and proactive approach, you can preserve and protect your wealth while attaining financial independence. Your investment strategies might differ, but you can bear in mind some principles that are …
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8 Principles of Investing for Beginners
Principles of Investing To start, there are no investment hacks and shortcuts. Investing requires time, research, and maintenance. Effort? Depends on the instrument. For instance, some asset classes might require more vigilance while others could mostly be a ‘buy and wait for maturity’ affair. Nonetheless, there is no instant fix …
Ultimate Guide: Investing During a Recession [2020]
Investing during a recession: COVID-19 has brought global economic activities to a near standstill, Singapore included. While effects of the pandemic have proven to be severe, with subsequent repercussions being difficult to predict, it is important to not disregard the opportunities that it can bring for some sectors. Investors should …
SME Grants Singapore: The Definitive Guide [2020]
SME Grants Singapore: This is a complete guide to SME grants in Singapore in 2020. Readers can expect to gain a solid understanding of what qualifies as an SME, as well as various grants available locally. In light of COVID-19, pandemic-specific grants will also be explored. Lastly, actionable steps on …
How Diversification Can Help to Minimise Risks in P2P Lending
One of the largest risks in investing in a P2P lending platform like Funding Societies is the risk of a SME defaulting. Portfolio diversification by the means of investing into a good mix of deals on the platform could help investors to minimise this risk. For business term investments, a …
An Overview of P2P Lending in Singapore
Peer-to-Peer or more commonly known as P2P lending started in the US and UK slightly over a decade ago in 2005, and has since taken the world by storm. Its global value is expected to hit an astounding USD1,000 billion by 2050. In recent years, this form of alternative lending …