TAG | elderly
SINGAPOREANS generally have not planned well for their retirement, according to a survey by global bank HSBC. The majority of Singaporeans polled in the survey – aged between 30 and 70 – said that they saved only $100 to $200 a month for their retirement. This works out to a total of less than $100,000 [...]
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Over-protected Singaporeans may be poorly equipped to handle a new world of cheats.
1 Comment | Posted by elgintan in Scams, Trading Losses
By Seah Chiang Nee. Sept 12, 2009 “We sat through a talk yesterday on land investment in Birmingham and was shocked when my friend immediately ploughed in S$25,000 to buy a 1,076 sq ft parcel,” an Internet surfer recently wrote. “It had no planning permit and might take seven years to get one,” he added. [...]
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Oxbridge-Sounding Phone Scammers in Spain Seduce U.K. Investors
0 Comments | Posted by elgintan in Scams, Trading
Oct. 13 (Bloomberg) — Credit controller Linda Reay was sorting the daily pile of bills back in 2005 at the bed- manufacturing factory where she worked nearĀ Carlisle, an industrial city in northwestern England. Then she took a phone call that would destroy her retirement dreams. The smooth-talking caller identified himself as a London stockbroker named [...]

