Crescendo Wealth

Big moves in Asia's private equity landscape! 🌏 Ex-GIC managers have rallied some major funds, totaling an impressive $759.7 million! 💰 This investment sets the stage for some exciting business opportunities ahead.🚀 A great example of innovative thinking turning into successful action. Stay tuned, more prosperous deals are on the horizon! 🤩

Ex-GIC managers raise $759.7 million for Asia private equity deals Amount generated by Growtheum Capital Partners is one of the largest in the region in 2023. Read more at straitstimes.com.

Taking the path less traveled, a daring young investor learned some hard lessons from his $30k venture into small business 💼💸. Life may give us lemons sometimes, but how we respond creates growth and resilience 🍋🌱. Check out this enlightening article about his journey: https://www.straitstimes.com/business/invest/how-a-young-investor-s-30k-foray-into-a-small-business-went-awry — A testament that failure is just a stepping stone towards success! 💪✨

How a young investor’s $30k foray into a small business went awry You should avoid such deals unless you know the trade well and are actively involved in running it. Read more at straitstimes.com.

Affordable living is on the horizon 🌅 DBS/POSB pushes to alleviate cost of living stress for low-income families with a $40M aid package! 🏦💰This initiative aims to provide financial relief and project Singapore into a brighter future with less financial burden. It's definitely more than banking, it’s about making lives better! 😊🙌 [https://www.straitstimes.com/singapore/dbsposb-rolls-out-40m-suite-of-measures-to-ease-cost-of-living-pressure-for-low-income-households]

DBS/POSB rolls out $40m suite of measures to ease cost-of-living pressure for low-income households A 2.6% interest rate home loan package from POSB will be extended till end-December to allow for more sign-ups. Read more at straitstimes.com.

📢 Hey there, fellow investors! 🤩 Have you ever thought about diving into the world of private businesses? 💼💸 Before you take the plunge, it's crucial to be aware of the potential pitfalls that come with it. 😬 This insightful article from The Straits Times sheds light on some of these challenges, helping us navigate this complex investment landscape. 🕵️‍♀️💡 From lack of liquidity to limited transparency, there's a lot to consider. 👀💭 So let's arm ourselves with knowledge and make informed decisions when it comes to investing in private businesses! 💪✨

The pitfalls of investing in private businesses It is risky to invest in a privately held company unless you are part of the team that will be running the business. Read more at straitstimes.com.

🏡📚 Looking for a hot property?🔥 Homes near top-notch schools are in high demand! 🌟🎓 According to a recent article, properties located close to good schools are becoming increasingly sought after. 🏫✨ Parents understand the value of quality education and want the best for their children. 💪💼 Investing in a home near a reputable school not only ensures great educational opportunities but also helps secure your property's value. 💰💯 So, if you're on the lookout for a new place, consider the proximity to excellent schools – it could be an investment that pays off both academically and financially! 💙💼

Homing in on hot property near good schools When it comes to snagging a coveted spot for your kids in the primary school of your choice, where you live matters a lot. Read more at straitstimes.com.

🔐 In a world full of scams, prevention is key! 💪💡 According to The Straits Times, staying one step ahead of scammers is the best defense 🛡️❌. By educating ourselves and being aware of common tactics, we can protect ourselves and our loved ones from falling victim to fraudsters. 👥🚫 Let's not wait for things to go wrong; let's take charge and safeguard our hard-earned money. 💰💼 Remember: knowledge is power! 💪 Stay vigilant, stay informed, and together we can beat the scammers at their own game! 🙅🎮

Prevention is the best antidote to scams Despite repeated warnings, increasing numbers of people in Singapore are falling prey to scams. Read more at straitstimes.com.

🌟 Japanese companies are taking a new route as activist investors gain momentum! 📈 More and more firms are choosing to go private, avoiding the public scrutiny that comes with being listed. 😮 This shift allows them to focus on long-term growth strategies without the constant pressure of short-term results. 💪 It's fascinating to see how businesses adapt to changing times and prioritize their own interests. 💼 What do you think about this trend? Share your thoughts below! 👇

More Japanese firms opt to go private as activist clout grows 135 companies delisted last year, almost triple than compared with 10 years ago. Read more at straitstimes.com.

🌟💼 Big news for SoftBank Vision Fund! 🎉 According to The Straits Times, the tech investment giant has swung back into profit thanks to a global tech rebound. 💰💻 This is a clear sign that the technology sector is picking up steam again after a challenging year. 😄🚀 With positive results like this, it's exciting to see how SoftBank Vision Fund will continue to shape the future of technology and investments. 🌐⚡️ Read more about their success story in The Straits Times article! ✨💪

SoftBank Vision Fund swings to profit on global tech rebound It swung to a profit of 61 billion yen in the quarter ended in June, compared with a 2.33 trillion yen loss in 2022. Read more at straitstimes.com.

🌟 China's Policy Tone Is Encouraging, But Actions Speak Louder Than Words! ✨

In this insightful article, we dive into the promising signals coming from China and their impact on the global business landscape. 🌏💼 While the policy tone may be encouraging, it's crucial to remember that actions speak louder than words! 📣✋ We explore whether China's recent policies will translate into tangible results and provide an in-depth analysis of potential implications for businesses worldwide. 💪🔎 Join us as we navigate through this intriguing topic and uncover what lies ahead for one of the world's economic powerhouses. 🚀💡

China’s policy tone is encouraging, but actions speak louder than words Encouragingly, policymakers are hinting at a more considered approach to several of China’s major concerns. Read more at straitstimes.com.

📰 Markets Hit a Bump Following US Credit Rating Downgrade 😱📉

The global markets took a tumble as the US credit rating was downgraded 💥. Investors are feeling the heat, and uncertainty looms large. 😬 What does this mean for the economy? 🤔 It's time to buckle up and closely monitor the situation 👀📈. While it's natural to feel anxious, remember that these bumps in the road are part of the financial rollercoaster 🎢. Stay informed, stay resilient 💪💼, and keep your investment strategy intact during these turbulent times! 💼✨

Markets hit a bump following US credit rating downgrade Ratings agency Fitch downgraded the US’ long-term foreign currency issuer default rating to AA+ from AAA. Read more at straitstimes.com.

📢 OMG! 😱 This is every car lover's worst nightmare! 🚗💔 A Porsche owner lost a staggering $135k after their car dealer suddenly vanished into thin air! 😳 It just goes to show how important it is to do thorough research and trust only reputable dealers when making such big purchases. 🔍🛒 Don't let this happen to you, guys! Stay vigilant and make sure you're dealing with reliable car sellers who have legit track records. 💪💼 Your dream ride should bring joy, not heartbreak! ❤️

Porsche owner lost $135K after car dealer vanished He was not alone in being duped - between January and July 2023, Case received eight complaints against 360 VR Cars. Read more at straitstimes.com.

Investment screening is becoming the new normal in business, but don't worry 😊! It's still possible to protect your interests while navigating these changes 🌍💼. This insightful article explains how companies can adapt and thrive in an era of increased scrutiny. By staying informed and being proactive, you'll be able to make the right decisions for your business 🤝🔍. So, embrace the new challenges ahead and let's make sure your investments are as solid as ever 💪💰! Check out this article for some valuable tips and tricks.

Investment screening is new normal but it’s still possible to protect business interests Many countries have become wary of foreign investments on account of security concerns. This has implications for Singapore firms and investors. Read more at straitstimes.com.

🌟 Wow, talk about going above and beyond! 👏 This article tells the inspiring story of a company that chose to honor a deal even after a former staff member betrayed their trust. 🤝💔 Despite one bad apple, this business demonstrated integrity and made sure the customer's money was returned. 💰💯 It's heartwarming to see companies taking accountability and putting their customers first! ❤️ Let's remember the importance of honesty in business - it truly pays off in the long run. 💼💪

Company honours deal even after ex-staff steals car buyer’s money Car Times founder and managing director Eddie Loo says they will honour the deal by delivering the new car to the buyer even though they are also the victim of the crime. Read more at straitstimes.com.

📝💡🤔 Planning for the future? Don't forget to add a personal touch! 💔❤️ This thought-provoking article suggests writing a "death letter" alongside your will. 😮✍️ It's all about leaving behind more than just financial instructions, but also expressing your values and wishes to loved ones. 💌💭 It might not be an easy topic, but considering it can provide comfort and clarity during a challenging time. 😌💪 So, why not take a moment today to reflect on what truly matters and consider putting your thoughts in writing? ✉️✨

Write a ‘death’ letter in addition to wills Write a letter of wishes, a document that is revealed after your death in which you can address personal and financial issues. Read more at straitstimes.com.

🏠💰 Homeowners hoping for higher home prices might find it challenging to combat inflation, according to a recent article. 😮 With rising costs of goods and services, the desire to see property values increase can be a double-edged sword. 📈⚔️ While we all want our investments to grow, it's important to recognize the impact on other aspects of our economy. 💡🌍 It's crucial for homeowners to consider a balanced approach that benefits both themselves and society as a whole. 🤝💪 Let's invest wisely and pave the way for a stable financial future! 💼✨

Hard to fight inflation when owners hope for higher home prices When people keep buying homes, prices will go up and this puts upward pressure on the overall inflation rate. Read more at straitstimes.com.

🌟 Infineon, the global leader in semiconductor solutions, has announced a remarkable growth in Q3 sales! 📈🎉 Their plans for expansion in Malaysia are driving even more excitement and prosperity 💪💼. With their continued innovation and commitment to excellence, Infineon is paving the way for a brighter future in the tech industry. 🚀✨ Let's keep an eye on their progress as they continue to lead the charge towards groundbreaking advancements! 👀💡

Infineon Q3 sales rise, plans for expansion in Malaysia Renewed demand for semiconductors from carmakers has been a key benefit for the company. Read more at straitstimes.com.

💰🌍 Money is pouring into commodities as fears of economic slowdown start to ease, according to a recent article in The Straits Times. 📈📉 As global growth expectations improve, investors are turning towards commodities like oil and copper as safe-haven assets. ⛽️🚗 With an increase in demand for energy and raw materials, prices are rising and creating investment opportunities. 🔥💼 This trend could signal a positive outlook for the global economy and potentially influence investment strategies for businesses worldwide. 💪💼

Money flows into commodities as growth fears start to ease US$350 million was put into 20 ETFs that track broad-based commodity indexes in July. Read more at straitstimes.com.

🏠💰 The dream of owning a home might come with a hefty price tag, according to an opinion piece in The Straits Times. 📰✍️ The article highlights the soaring costs of purchasing a property, leaving many individuals stuck in the cycle of renting. 😔❌ While renting provides flexibility and freedom from responsibilities like maintenance, it comes at the expense of long-term financial security. 💸💼 It's essential to strike a balance between the desire for homeownership and understanding the potential drawbacks. 🤔🏡 This thought-provoking piece reminds us that finding affordable housing solutions is crucial for creating sustainable communities. ✨🌆

Forum: Price of freedom from renting a home could be too costly I refer to the commentary “Picking up life lessons as I rent my first home” (July 30). Read more at straitstimes.com.

📣 According to a Singlife survey, financial freedom in Singapore requires a median savings of $566,640! 💰 This means saving around $1,733 per month for 27 years. 😮 Interestingly, both the financially free and constrained groups save over 50% of their income, but different spending habits set them apart. 🤔 Despite the figures, only 29% feel financially free. Clearly, we need more personalized financial services and products to guide the journey towards financial freedom. 💡🚀 Remember, every penny saved is a step closer to your financial freedom! 💪💼

Average Singapore consumer needs to save at least $1,733 per month over 27 years to feel financially free: survey Over half of respondents need at least $500,000 to feel financially free.

🌟💼 The Prompt Economy is on the rise! 🚀 In a world where speed and convenience are becoming priorities, businesses must adapt to meet customers' needs quickly.⏱️ This fantastic article by The Straits Times highlights the growing demand for prompt services and how it's shaping various industries. 😲✨ From food delivery to virtual workouts, we're witnessing a transformation in consumer behavior. 🍔💪 With technology driving this change, companies that can deliver instant gratification will undoubtedly thrive in today's fast-paced society. So buckle up and join the Prompt Economy revolution! 💥🌍

Rise of the ‘prompt economy’ Generative AI could shake up the global economic order, and it is not clear who the winners and losers might be Read more at straitstimes.com.

🌍📈 Climate change is a growing concern, and asset managers need to step up their game! 😮 According to a recent report, it seems they are falling short in meeting climate targets. 📉🚫 This news highlights the urgent need for more sustainable investment practices. 💪💰 Let's hope this serves as a wake-up call for the industry and sparks a greater commitment to combating climate change. 🌱🌎 Together, we can make a difference! 👏💚

Asset managers not on track for climate target: Report 95 percent were misaligned with the scenario to achieve carbon neutrality by 2050. Read more at straitstimes.com.

🌟💼 Asia's wealthiest families are fueling the fierce competition for highly sought-after finance jobs! 💰🔥 According to a recent article, these influential dynasties are pouring their resources into taking over key positions in the finance sector. 🚀📈 As the demand for skilled professionals rises, it's becoming clear that the powerhouses behind some of Asia's biggest companies are determined to secure top talent and safeguard their financial empires. 🏦⭐️ This trend showcases how family businesses continue to shape and drive economic growth in this region. 🌍💪 Exciting times lie ahead for finance enthusiasts looking to navigate opportunities in this dynamic landscape! ✨💼

Asia’s richest families fuel race for lucrative finance jobs Financial wealth in Asia excluding Japan could outstrip the US by 2025, according to HSBC. Read more at straitstimes.com.

👩‍💼🔮💡 Hey there! Did you catch the latest article on Sabana REIT's EGM saga? 📚🔍 It raises an important question: should a REIT be internally or externally managed? 🏢🤔 The article explores both perspectives and delves into the challenges faced by externally managed REITs. 💼⛰️ While external management may offer expertise and diverse opportunities, concerns about conflicts of interest make internal management appealing to some investors. 🧐😲 What do you think? Share your thoughts below! ⬇️💭

Sabana Reit EGM saga: Should a Reit be internally or externally managed? The upcoming Sabana Reit EGM on Aug 7 has put the spotlight on whether internal or external managers are better for a Reit. Read more at straitstimes.com.

Hey there, influencers! 🌟💃💼

Today, we’re diving into the world of social media promotions and the responsibility that comes with it. 📱💸 It’s no secret that celebrities and online personalities have a huge impact on their followers. But with great power comes great responsibility, right? 🦸‍♂️🌟

The Financial Conduct Authority (FCA) in Britain is cracking down on misleading promotions, especially in the realm of finance. 🚫💰 They’re reminding influencers that they have real-world responsibilities when it comes to what they endorse. And let’s be honest, it’s important to protect people from scams and ensure they’re making informed decisions. 🛡️💪

So, influencers, remember to do your homework! Understand what you’re promoting and how to do it ethically. 📚✅ Let’s keep the online world a safe and trustworthy place for everyone. And hey, that means more success and credibility for you too! 🌟💼

Stay informed, stay responsible, and keep shining your authentic light! ✨😊

Pitfalls of being financial influencers Financial watchdogs are launching an effort to remind celebrities that they have real-world responsibilities in what they promote. Read more at straitstimes.com.

💡💰 Investing Lessons from Jussi Salovaara: Don’t Let Missed Opportunities Hold You Back! 💪🌍

Finance executive Jussi Salovaara shares his journey from missed investment opportunities to bold decision-making in the world of venture capital. 🚀📈 He emphasizes the importance of diversifying your portfolio, just like he did by including real estate, public stocks, and venture capital. 🏘️📊 Despite his success, he remains grounded, teaching his children the value of hard work and building from scratch. 🧑‍👩‍👧‍👦💼 And as he plans for retirement, Jussi aims to stay active as an angel investor, sharing his experience and insights with the entrepreneurial ecosystem. 💡🌟

Me & My Money: He started honing his investment skills in his 20s Finnish finance executive Jussi Salovaara started with a portfolio of 10 public stocks. Read more at straitstimes.com.

Online investment ads that lack transparency and fail to disclose company names can be risky. The Monetary Authority of Singapore (MAS) is taking steps to tighten regulations on financial institutions’ online advertising. This move aims to protect consumers and promote responsible investing. It’s important for individuals to exercise caution and conduct thorough research before engaging with investment opportunities. Remember, if an ad seems too good to be true, it probably is! 🚩💸 Stay informed and make informed decisions when it comes to your financial well-being.

Avoid online investment ads that don’t include company names MAS is moving to tighten the rules which govern online advertising for financial institutions here. Read more at straitstimes.com.

The possibility of a recession has been a hot topic lately, but the signs are mixed. While some economists are cautiously optimistic, others remain concerned about inflation and potential job cuts. 🤔📉 It’s like walking a tightrope, hoping for a soft landing without triggering an economic downturn. 😅🌟 The good news is that inflation has cooled down, and the job market has shown resilience. 📉💪 However, risks still linger, and unforeseen events could derail the recovery. 🚧📉 So, let’s keep our fingers crossed and stay prepared for whatever comes next. 🤞📈💼

Is the risk of a recession over? There is still plenty that could go wrong. Inflation could, once again, prove more stubborn than expected, leading the Fed to press on with interest rate increases to curb it Read more at straitstimes.com.

💡💰 Don’t fall for the allure of get-rich-quick schemes on social media! 🚫📢 Instead, take a moment to question the credibility of these money-making coaches. If they truly possess the secrets to riches, why aren’t they enjoying their own success on a luxurious island? 🏝️ The truth is, they profit from the fees charged to those seeking shortcuts to success. 🤔💸 Instead, explore reliable free resources like MoneySense for investment tips. Remember, it’s crucial to invest with licensed operators to protect your hard-earned savings. 🛡️🔒 Stay smart and informed! 📚💪

Why no one can teach you the secrets of becoming rich Those who sign up for courses that offer investment opportunities are encouraged to report such instances to MAS. Read more at straitstimes.com.