WOTC - work arrangements

 Wisdom of the Crowd: On work arrangements, 53% of the respondents prefer more flexible hours, 29% prefer higher wages and 18% prefer shorter working hours.

https://tklcloud.com/Crowd2/chart3.aspx?id=2618

Difficult to submit a return (Form P1) to IRAS

 Dear Smart Nation Office

I wish to share with you the trouble that I have to face in submitting a return (Form P1, Body of Persons) to IRAS.

https://tklcloud.com/Feedback/feedback2.aspx?id=5446

WOTC - UN human rights commissioner visit Xinjiang

 Wisdom of the Crowd: 84% of the respondents said that the US is unjustified in its criticism of the visit of UN human rights commissioner to Xinjiang, as they asked for it in the first place.

https://tklcloud.com/Crowd2/chart3.aspx?id=2617

Wisdom of the Crowd - New Issues

1. What color do you prefer for an wristband (for emergency call)
2. Will you buy a wristband to have an emergency contact number?
3. Which type of wristband (emergency number) do you prefer

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Wisdom of the Crowd - New Issues

1. Should Singapore voters choose PAP in the next general election?

2. Has the govt taken the necessary steps to reduce the cost of living?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Censorship of criticism

 Wisdom of the Crowd: 73% of the respondents agree with the China govt's action to censor criticism of its covid zero policy.

https://tklcloud.com/Crowd2/chart3.aspx?id=2615

Tesla's stock price

 I share my short term view on Tesla's stock price. I expect a rebound next week.

https://fisca.sg/ArticleDisplay.aspx?ID=1220

WOTC - Visit of UN human rights commissioner to Xinjiang

 Wisdom of the Crowd: 60% of the respondents said that it is good for the UN human rights commissioner to visit Xinjiang to find out the actual situation concerning the allegations of abuses.

https://tklcloud.com/Crowd2/chart3.aspx?id=2614

NFT (non fungible token)

 Non fungible token (NFT) uses blockchain technology to create a unique record.

Someone asked for my view about NFT. I said that it is another scam.

https://tklcloud.com/Feedback/feedback2.aspx?id=5445

WOTC - Ban on food exports

 Wisdom of the Crowd: 53% of the respondents said that a country that ban its food exports will lose its customers as they will find an alternative source of supply.

https://tklcloud.com/Crowd2/chart3.aspx?id=2613

Wisdom of the Crowd - New Issues

1. Elon Musk wants all Tesla staff to return to work in the office.
2. Should employees be allowed to work from home?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Action against loan scammers

 Wisdom of the Crowd: 83% of the respondents said that the police is not acting effectively against the loan scammers.

https://tklcloud.com/Crowd2/chart3.aspx?id=2612

Wisdom of the Crowd - New Issues

1. What do you prefer?
2. If bus drivers have shorter shifts, will more locals take up the job?
3. How we jobs be arranged for older people?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Labor shortage

 Wisdom of the Crowd: 53% of the respondents said that employers should pay higher wages to get locals to do the work, instead of relying on foreign workers to meet the labor shortage.

https://tklcloud.com/Crowd2/chart3.aspx?id=2611

WOTC - Rent control

 Wisdom of the Crowd: 59% of the respondents support a policy of rental control, e.g. a cap on rental increases that follows an index.

https://tklcloud.com/Crowd2/chart3.aspx?id=2610

My investing strategy

 My approach towards investing can be summarized by one key principle - to invest in undervalued stocks.

They fall in the following categories:
https://fisca.sg/ArticleDisplay.aspx?ID=1217

Wisdom of the Crowd - New Issues

1. Did the UN human rights commissioner has unsupervised access to Xinjiang?
2. Was the US fair in criticizing the Xinjiang visit by the UN commissioner?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Return trays at food centers

 Wisdom of the Crowd: 69% of the respondents agree with the policy to get customers to return trays after a meal at a food center.

https://tklcloud.com/Crowd2/chart3.aspx?id=2609

My investment in Alibaba, Baidu

 I made an analysis of my investment in Alibaba and Baidu.

https://fisca.sg/ArticleDisplay.aspx?ID=1213

Cashless payment with NFC Card

I am developing a proof of concept system to allow cashless payment using any NFC card, such as the transit card.

http://tklcloud.com/Feedback/feedback2.aspx?id=5440

Wisdom of the Crowd - New Issues

 

1. Is it a good strategy for a country to impose an ban on its food exports?
2. Should the UN human rights commissioner visit Xinjiang to study the allegations of abuses?
3. Should China censor criticism of its covid zero policy?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Covid zero policy

 Wisdom of the Crowd: 53% of the respondents expect China to change its covid zero policy in the near future.

https://tklcloud.com/Crowd2/chart3.aspx?id=2608

WOTC - Tesla phone

 Wisdom of the Crowd: 78% of the respondents said that Tesla should not develop a mobile phone.

https://tklcloud.com/Crowd2/chart3.aspx?id=2607

Analysis of China stocks

 I have a large investment in China stocks. Here is my analysis of these stocks.

https://fisca.sg/ArticleDisplay.aspx?ID=1209

Wisdom of the Crowd - New Issues

1. Is the new policy to get customers to return trays working well?
2. Should there be a policy to control rentals?
3. Should the govt allow entry of foreign workers to meet the labor shortage?
4. Is the police acting effective against loan scammers?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Authentication of users

 Wisdom of the Crowd: 72% of the respondents said that social media should require their users to be authenticated. This will avoid abuse of social media to spread misinformation, fabrication and hate speech.

https://tklcloud.com/Crowd2/chart3.aspx?id=2606

WOTC - Buy Twitter

 Wisdom of the Crowd: 58% of the respondents said that it is better for Elon Musk to buy Twitter rather than build a new platform.

https://tklcloud.com/Crowd2/chart3.aspx?id=2605

WOTC - Online petition platform

 Wisdom of the Crowd: 81% of the respondents said that it is useful to have an online petition platform for the public to give feedback to the government on their policies.

https://tklcloud.com/Crowd2/chart3.aspx?id=2604

WOTC - Lockdown in Shanghai

 Wisdom of the Crowd: 67% of the respondents said that China locks down Shanghai for more than a month to avoid many deaths from covid.

https://tklcloud.com/Crowd2/chart3.aspx?id=2603

Gro Capital Ease

 Dear Mr Tan

I would like to seek your advice on this 3 yrs saving plan. Is this a good plan?

REPLY

Can you ask the insurance adviser, who earns a large commission, to explain this plan to you.

Do not invest in the plan unless you are clear about the plan and understand that it is better than other alternative way to invest your money.

You can also buy these books and understand what to look for.

https://tankinlian.com/cart.aspx?ID=66

https://fisca.sg/ArticleDisplay.aspx?ID=1207&Name=NTUC-Income-Gro-Capital-Ease&View=A

WOTC - Ukraine war

 Wisdom of the Crowd: 58% of the respondents said that the Ukraine war will involve the neighboring countries.

https://tklcloud.com/Crowd2/chart3.aspx?id=2602

WOTC - US sanctions

 Wisdom of the Crowd: 63% of the respondents said that America dare not sanction China for supporting Russia, as it will hit their own economy badly.

https://tklcloud.com/Crowd2/chart3.aspx?id=2601

Medishield plan - basic cover and rider

 Why is the premium for a rider more expensive than the premium for the basic cover under a Medishield plan?

https://fisca.sg/ArticleDisplay.aspx?ID=1206

Downgrade to Medishield Life

 Dear Mr. Tan

I have bought NTUC Income`s Enhanced Incomeshield Preferred Plan for years. After age 55, the yearly premium is SGD1834, but the rider Premium is SGD2077.

I think the rider premium is quite expensive, may consider to downgrade the plan. May I have your advice? Next birthday I will be 56, although our employer buy a quite good hospitalization insurance, I think I have to retire from the existing employer.

https://fisca.sg/ArticleDisplay.aspx?ID=1205

Additional premium to cover trip cancellation

 Should you pay an additional premium to obtain compensation in case you are not allowed to board the plane due to a positive covid test and have to forfeit the fare?

https://fisca.sg/ArticleDisplay.aspx?ID=1203

WOTC - Best foreign minister

 Wisdom of the Crowd: 67% of the respondents said that Wang Yi of China is the best foreign minister, among those who are listed in the survey.

https://tklcloud.com/Crowd2/chart3.aspx?id=2598

WOTC - Which world leader do you like best

 Wisdom of the Crowd: 73% of the respondents chose Xi Jinping as the world leader that they liked best.

https://tklcloud.com/Crowd2/chart3.aspx?id=2597

WOTC - A new road map

 Wisdom of the Crowd: 64% of the respondents said that it is good for the PM designate to prepare a road map to take account of the current economic conditions.

https://tklcloud.com/Crowd2/chart3.aspx?id=2596

Is it a good time to buy bitcoin?

 Bitcoin reached a high of $67,000 on 5 Nov 2021. It has dropped by 53% over a period of six months to the current price of $31,700 on 11 May 2022.

The current level is at the bottom of the range for the past 12 months.

Will it rebound from from this bottom?

https://fisca.sg/ArticleDisplay.aspx?ID=1202

WOTC - Subsidize oil price

 Wisdom of the Crowd: 84% of the respondents said that energy price should be subsidized for the immediate future, until the oil market returns to normal.

https://tklcloud.com/Crowd2/chart3.aspx?id=2595

Wisdom of the Crowd - New Issues

 

1. Will Tesla develop a Tesla phone?
2. When will China change its covid zero policy?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Case study - continue an existing life policy?

 A policyholder bought a participating policy 36 years ago and paid an annual premium of $800. The surrender value is now $57,389.

He is now age 65 yo. Should be continue the participating policy?

https://fisca.sg/ArticleDisplay.aspx?ID=1200

Industrial stocks in Singapore

 I analyzed the industrial stocks in Singapore.

https://fisca.sg/ArticleDisplay.aspx?ID=1199

Wisdom of the Crowd - New Issues

1. Did Elon Musk make the right choice in buying Twitter for $44 billion?
2. Should social media require their users to be authenticated?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Weakness of democratic systems

 I believe that a country should have an authoritarian govt. It should not be "democratic". Here are my reasons.

https://tklcloud.com/Feedback/feedback2.aspx?id=5428

Wisdom of the Crowd - New Issues

1. Should the president pardon be used more actively in Singapore?
2. Will America sanction China for supporting Russia?
3. Will the Ukraine war widen to involve other nations?

4. Why does China lock down Shanghai for over a month?

5. Should Singapore implement the online petition platform?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - HDB flats for rental

 Wisdom of the Crowd: 53% of the respondents said that HDB should continue to encourage home ownership, instead of building flats for rental.

https://tklcloud.com/Crowd2/chart3.aspx?id=2592

HDB - Built to Order (BTO)

 Wisdom of the Crowd: 82% of the respondents said that HDB should move away from the Build to Order (BTO) system and build flats in advance of demand to reduce the waiting time.

https://tklcloud.com/Crowd2/chart3.aspx?id=2591

Hari Raya package

 he Hari Raya package is available at a special price of $6 (usual price $12) for 3 days only (May 2 to 4).

Enjoy 50% discount.

https://tankinlian.com/cart.aspx?ID=82

Wisdom of the Crowd - New Issues

1. Which world leader do you like best?
2. Which foreign minister do you like best?
3. Should China allow Taiwan to become independent?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Asean summit in Washington

 Wisdom of the Crowd: 53% of the respondents expect 3 countries or less to attend the Asean summit called by President Biden in Washington.

https://tklcloud.com/Crowd2/chart3.aspx?id=2590

Wisdom of the Crowd - New Issues

1. Is NTUC doing a good job in looking after the interest of workers?
2. Should wages of workers be increased?
3. Should energy price be subsidized for the immediate future?
4. Is it good for the PM designate to prepare a new road map for Singapore.

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Is LW ready to take over as PM?

 Wisdom of the Crowd: 77% of the respondents said that LW is not ready to take over the office of PM. He is untested and will find the challenges to be beyond his competence.

https://tklcloud.com/Crowd2/chart3.aspx?id=2589

WOTC - War in Ukraine

 Wisdom of the Crowd: 60% of the respondents said that Russia is winning the war in Ukraine. 7% said that Ukraine is winning the war. The rest are uncertain.

https://tklcloud.com/Crowd2/chart3.aspx?id=2586

A deferred 10 year annuity

 In this article, I explain how an insurance company can offer a deferred 10 year annuity that is simple for the policyholder to understand and gives a fairly attractive return. It can also allow the insurance company to make a profit.

https://fisca.sg/ArticleDisplay.aspx?ID=1192

WOTC - Choice of 4G leader

 Wisdom of the Crowd: 78% of the respondents said that Lawrence Wong is not their top choice as 4G leader.

https://tklcloud.com/Crowd2/chart3.aspx?id=2585

A misleading life annuity policy

 A policyholder, aged 65, was offered a life annuity policy. She pays a single premium of $100,000 and receives an monthly income of $843 (guaranteed) from age 70 for 10 years. There is a non-guaranteed income that varied from $38 to $343.

https://fisca.sg/ArticleDisplay.aspx?ID=1191

WOTC - Will LW be an effective leader

 Wisdom of the Crowd: 75% of the respondents said that LW will warm the seat for somebody else.

https://tklcloud.com/Crowd2/chart3.aspx?id=2584

WOTC - Handling of pandemic

 Wisdom of the Crowd: 67% of the respondents said that Lawrence Wong handled the pandemic poorly and weakened the Singapore economy.

https://tklcloud.com/Crowd2/chart3.aspx?id=2583

WOTC - LW head 4G team

 Wisdom of the Crowd: 66% of the respondents consider LW to be a weak leader and a poor choice to head the 4G team.

https://tklcloud.com/Crowd2/chart3.aspx?id=2582

Wisdom of the Crowd - New Issues

1. How many ASEAN countries are likely to attend the Summit called by Joe Biden?
2. Should HDB get away from the Build to Order (BTO system)?
3. Should HDB build more flats for rental?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Review of Facebook (FB)

 Here is my review of Facebook, which is now traded as Meta (FB).

The price has dropped sharply in recent months, although the PE ratio was at a reasonable level.

https://fisca.sg/ArticleDisplay.aspx?ID=1187

Integrated Shield plan does not cover certain types of treatment

 Mr. Tan,

Can I have your comments about the decision of the insurer to reject certain types of treatment under an integrated Shield plan? See this report.

Is this fair, as the consumers has to pay a much higher premium to be covered under an integrated plan?

https://fisca.sg/ArticleDisplay.aspx?ID=1186

Cost of solar power

How much does it cost to produce 1 kWh of electricity using solar power?

I made some rough calculation as follows:

http://tklcloud.com/Feedback/feedback2.aspx?id=5423

Wisdom of the Crowd - New Issues

1. Should PM Lee pass the PM office to Lawrence Wong early?
2. is LW ready to take over the office of PM?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Wisdom of the Crowd - New Issues

1. Who is winning the war in Ukraine
2. Did Russia commit war crimes in Ukraine?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Wisdom of the Crowd - New Issues

1. Is Lawrence Wong a good choice as 4G leaders?
2. Did Lawrence Wong handle the pandemic well?
3. Will Lawrence Wong be an effective leader to take Singapore forward?
4. Is Lawrence Wong your top choice among the ministers?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

 

WOTC - Welfare of citizens

 Wisdom of the Crowd: 86% of the respondents said that the ministers are not sincere in the task of taking care of the welfare of citizens and are more concerned about appearance rather than concrete results.

https://tklcloud.com/Crowd2/chart3.aspx?id=2581

WOTC - Honesty of ministers

 Wisdom of the Crowd: 88% of the respondents expressed doubt about their honesty of the ministers due to lack of transparency and suspicion about favoring friends and cronies.

https://tklcloud.com/Crowd2/chart3.aspx?id=2580

WOTC - Ministers in LHL's cabinet

 Wisdom of the Crowd: 83% of the respondents said the the current ministers in LHL's cabinet are incompetent and made bad decisions.

https://tklcloud.com/Crowd2/chart3.aspx?id=2579

Easy to use AirSIM in Johor

I went to Johor on 12 April. I bought a Starhub data pack for 1G for $5 for 1 day. I had a terrible experience.

The package did not work. I got "no internet connection" most of the way. After a lot of trouble, I learned that they connect automatically to UMobile 3G which is not operating now. They did not allow a selection of other operator.

Fortunately, I had a second SIM card in my mobile phone from AirSIM. I run the app and selected a local package for $3. I was asked to reboot the mobile phone. The internet came on immediately.

I have no trouble at all.

I will use AirSIM for all my overseas travel in the future. Their app is easy to use and the charges are lower than Starhub. Most importantly, it came to my rescue.

It is deplorable for a Singapore telco (Starhub) to have such a bad experience.

https://tklcloud.com/Feedback/feedback2.aspx?id=5420

WOTC - Ministers visit to America

 Wisdom of the Crowd: 84% of the respondents said that it is unwise for Singapore to be close to America at this time.

https://tklcloud.com/Crowd2/chart3.aspx?id=2578

Protection for gig workers

Many Singaporeans are working in the gig economy, i.e. driving or delivering food.

They asked for protection, i.e. CPF contribution and employment benefit.

How can the gig workers be given adequate income and benefits?

I give my views.

http://tklcloud.com/Feedback/feedback2.aspx?id=5418

WOTC - Can PAP win back Sengkang

 Wisdom of the Crowd: 82% of the respondents said that the PAP has a low chance of winning back Sengkang.

https://tklcloud.com/Crowd2/chart3.aspx?id=2577

WOTC - Travel to Johore

 Wisdom of the Crowd: 60% of the respondents said that they will avoid travelling to Johore because of the crime situation.

https://tklcloud.com/Crowd2/chart3.aspx?id=2576

Wisdom of the Crowd - New Issues

 

1. Are the current ministers in LHL's cabinet competent?
2. Are the current ministers in LHL's cabinet honest?
3. Are the current ministers taking care of the welfare of the citizens?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Open borders for incoming travelers

 Wisdom of the Crowd: 56% of the respondents said that it is safe to open the border for incoming travelers as omicron is mild.

https://tklcloud.com/Crowd2/chart3.aspx?id=2575

Trade disputes between America and China

Someone said that China depends on the American market. China will suffer a severe economic downturn when America imposes more sanctions on China.

I disagree.

https://tklcloud.com/Feedback/feedback2.aspx?id=5417

Look beyond personal reasons and self interest

 I wrote this article to address people who have a genuine personal reason to hate the communist government in China.

I ask them to be more circumspect. https://tklcloud.com/Feedback/feedback2.aspx?id=5416