What can I use the Citi Quick Cash for?

Citi Quick Cash basically allows you to convert your Citi Credit Card / Citi Ready Credit available credit limit into cash, payable in monthly instalments along with your monthly payment. You have the liberty to select a repayment plans option ranging from 12 to 60 months at attractive rates.

I want to believe you are both new customers and are currently employed. For you, you will need a photocopy of the front and back of your NRIC, the past 12 month's CPF statement submitted via CPF website OR the latest Income Tax Notice of Assessment and latest original computerized payslip. But if you are Self-Employed by any chance then you will need a photocopy of the front and back of your NRIC, the last 2 years' Income Tax Notice of Assessment and last 3 months' bank statements. For your foreigner friend, he/she will need a photocopy of the front and back of their Passport/Employment Pass, the latest Income Tax Notice of Assessment and latest computerized payslip. If you both have all these documents then it should go well.

Mate I don’t think you need not worry about how it will benefit you just as long as that trading business of yours is still working but I don’t think It would be still ideal to keep holding onto it since it doesn't have its benefits, you will mainly have to liquidate your business if you choose to give up on that business, Cheers!

An inescapable path to becoming a successful investor is to learn how to become a lifelong student. Learn from other investor's success and mistakes. Learn how they made the money, not how they spent it. Place value on value, buy assets that you know are underpriced and sell them for a higher value. Always have healthy Skpeticism which is very hard to acquire as the world is full of malice. Lastly but not the least is to sharpen your analytical ability as being able to analyze what is going on is very crucial to becoming a good investor.

Just like in any country, there aren't many investments that guarantee your principal as well as returns in Singapore but of those that do, you should be very careful of scams. One other thing to understand is that when you get to enjoy such safety in your investments and visibility in your cashflows, you need to be prepared to accept a rate of return that is close to the risk-free rate. Your first bet is to invest on Singapore Government Treasury bills and/or Singapore Government Bonds. You can also try investing on saving plans or fixed deposits but the returns are low. If you want higher returns then you really need to invest on high risk investments.

A bond is debt instrument that a government or a company issues to raise money.. Bonds are low-risk, stable and predictable investment. Investors earn from this because the investors act as a lender and the government acts as the borrower.

If you are a tourist then you don't need to worry because it will not apply to those with a temporary presence in Singapore, It will only apply to foreigners who are holders of Work Passes, Long Term Visit Passes, Short Term Visit Passes, Dependant's Passes and Student Passes.

A stock is a share in the ownership of a company. The person who owns share is called stockholder and he is entitled to the company’s assets and earnings in the form of dividends in accordance to the percentage of stake he holds. There are two ways to earn. One way is through dividend income and the other one is throught Caoital gain.