August 22, 2011

Investing In Gold

Investing In Gold


Is it really time to be investing in gold in Singapore?

With the major stock market declines in US, Europe, Singapore and across Asia recently is it time to be investing in gold?

Worried about the debt ceiling in the United States, Standard & Poor's downgrade of US debt on 5 August 2011, possible US double dip recession in future and perhaps the whole wobbly global economy?

So is it time to be investing in gold in Singapore?

To read more, visit Gold Investment Singapore site:

http://goldinvestmentsingapore.blogspot.com/2011/08/time-to-invest-in-gold-in-singapore.html

August 8, 2011

Singapore Specified Investment Products

Singapore Specified Investment Products


From 1 Jan 2012, to protect inexperienced retail investors from getting hurt (or mis-sold) in Lehman Brothers Minibond-type of financial catastrophes, the authorities will implement a set of rules when investing in Singapore Specified Investment Products.

In a nutshell, a list of Singapore Specified Investment Products containing financial products not approved for retail investors will be subject to prior testing for the interested investor and may not be sold to investors deemed to have failed the financial knowledge assessments on Singapore specified investment products.

Read more to find out about Singapore Specified Investment Products.

Tighter safeguards for investors from Jan 1

Source: The Straits Times
Author: Lorna Tan
29/7/2011

SINGAPORE'S central bank has unveiled new measures aimed at ensuring that financially inexperienced investors do not buy complex investment products without knowing what they are getting into.

From next Jan 1, all banks and other outlets will have to assess the financial knowledge and investment experience of everyone keen to buy such products.

... ...

Products not covered

THE new rules apply to 'specified investment products' which are any investment products other than those listed below. Products that are listed only on a stock exchange outside Singapore are also not subject to the rules.

* Shares
* Depository receipts representing shares
* Rights issues
* Company warrants
* Units in business trusts
* Units in real estate investment trusts
* Certain debentures
* Life insurance policies (other than investment-linked insurance policies)
* Foreign exchange contracts




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