Daily Briefing: Expect more projects to rise in Singapore; 4 stocks to consider this month

And here's how much you need for retirement if you spend $1,500 per month.

From PropertyGuru via Yahoo!:

Singapore may appear significantly developed, but the government still plans to build several large-scale infrastructure projects in the next 10 years to further strengthen the economy, reported the Straits Times.

“Singapore may be a little red dot, very small; some of you may have the impression that we are already very built-up. But, in fact, we are not done building Singapore yet. We have not reached our physical limits,” said Minister for National Development Lawrence Wong.

Read more here.

From Shares Investment via Yahoo!:

In the past month, the Straits Times Index (STI) managed to register one of its best monthly performance since the start of the year. But how can investors invest to achieve a better than market return in the month of August?

In this article, we highlight four recommended stocks from UOB Kay Hian (UOBKH) Research for the month of August as well as a review of their recommended stocks for the month of July.

Read more here.

From Dollars and Sense via Yahoo!: 

Calculating how much you will need for your retirement can be complicated. You have to think the kind of life you want to lead in your golden years. Having spent so much of your life working so hard, it may be tempting to want to splurge on travelling and luxuries when you finally get to wind down.

The problem with this mindset is that it forces you to work harder and put additional stress on you today. This will also not mean that you’re saving more because people tend to want things today rather than tomorrow. This just means your spending will not necessarily be curbed to fund the travelling and luxuries you think your retirement should be.

Read more here.


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