How does it work? Get a quote, order and then they deliver?

I usually stick to the hypermarts because of the no questions asked return policy if you return it within a week or two. Just bring it back to Carrefour or Xtra and they'll give you a replacement or a refund immediately. Electricals these days are cheap enough to buy & throw. If it works in the first 2 weeks, it'll probably work the next couple of years. After that, if it breaks, just replace it.

For heavier stuff like white goods, warranties are almost useless in Singapore without an on-site warranty. It's simply too big/heavy to transport or too cheap to warrant the transport costs to/from the service center. Courts will come back to pick up the defective item within 2 weeks (or at least that's what they told me for the TV).

Parisilk might be good for small stuff like handphones, laptops and accessories though.

This post has been edited by seantang: Jul 4 2011, 03:38 PM

Both.

As is the risk exposure.

Property is to fight inflation. Capital gain on top of that is a bonus. FD is standard yield. It's to balance risk. Shares is 5-8% dividend yield mostly. Capital gain on top of that is a bonus.

Tell that to investors in Lehman Brothers, Enron, Citibank, AIG, Fanny & Freddy, employees of Arthur Anderson. Those names were as blue as a blue chip could get.

In relation to the property markets you have access to, which one is not 'overpriced' vs inflation and the value of holding cash? It's a matter of which asset do you believe will best protect the current value of your existing wealth in the future.

Working for a $3K salary because you need it to put food on the table, and working for a S$3K salary because you are bored - have a different set of considerations. Don't try to answer the question before you have accumulated S$1MM.

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Added on July 4, 2011, 5:40 pmThanks for that. Will check it out. Never came across Parisilk before.

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Added on July 4, 2011, 5:41 pmPrivate. Not eligible to buy HDB.


This post has been edited by seantang: Jul 4 2011, 05:41 PM

When I was a student, handphone and public transport were not basic necessities. I used the phone booth at 7-11 and rode a bicycle.

That's the issue. Students shouldn't be spending like people who work. People with no income (or worse, only generate expenses... like students) should lead a different lifestyle than people who have income.

Tax rates and tax payable calculator are available on IRAS website.

This post has been edited by seantang: Jul 5 2011, 05:58 PM

Nothing hidden. It's tax and if you're PR/citizen, CPF. That's it.

Should be quite safe now. Akung says so.

http://malaysia-today.net/mtcolumns/no-hol...anghmmor-did-we