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World Smartest Nation vs Dai Nippon KiKok AleeKaToh-san how to huat big big to achieve Alpha abive 600k USD ..Boss John n SBFUncker Kym?

k1976

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https://www.scmp.com/news/people-cu...o-lives-simple-meals-21-years-save-retirement

Shock for ‘miserable’ Japan man who lives on simple meals for 21 years to save for retirement​

  • Man unhappy in demanding but secure job, devises meticulous plan to save US$640,000 and retire as soon as possible
A Japanese man who lived an extremely frugal life for 21 years because he wanted to save 100 million yen (US$640,000) to retire early has shocked internet users in China.

The unidentified man, 45, began his savings plan in the early 2000s after securing a stable but demanding job.

The company he worked for required employees to work overtime – sometimes past midnight – and constantly preached: “Only by working hard and doing overtime can you achieve future happiness.”

In an effort to live the FIRE (financial independence, retire early) lifestyle, the man, who earned an annual salary of about five million yen (US$32,000), devised a meticulous plan to save 100 million yen as early as possible.
 

k1976

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New HDB ATH record set: S$1.73M for a 5-room SkyOasis @ Dawson unit​

July 23, 2024·9 min read·by Azhann Rosmin


A premium 5-room HDB flat at SkyOasis @ Dawson, located on Margaret Drive, has achieved a record all-time high (ATH) of S$1.73 million, making it the most expensive transaction in the HDB resale market.

Spanning 1,195 sqft, the unit was sold on June 26 at S$1,444 psf. Notably, this sale, facilitated by Faith Wong, senior marketing director at ERA Realty, has surpassed the previous record set by a unit at City Vue @ Henderson just last month.
 

k1976

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World Smartest Nation is really super fast 5 yrs MOP wait and overnight millionairies dream can achieve de woh :smile:

Good Job, Boss John
 
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k1976

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This is the happiest country in Asia, according to the World Happiness Report​

Published Tue, Mar 19 2024 9:56 PM EDTUpdated Wed, Mar 20 2024 10:35 PM EDT

Ernestine Siu
@ERNESTINESIU@/IN/ERNESTINESIU/
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Singapore is the happiest country in Asia according to the 2024 World Happiness Report.

Singapore is the happiest country in Asia according to the 2024 World Happiness Report.

Matthew Ng | E+ | Getty Images
Singapore is the happiest country in Asia for the second year in a row, according to the 2024 World Happiness Report released Wednesday.

The city-state ranked 30 out of the 143 places surveyed for the study.
 

k1976

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Japanese kindness leaves a lot to be desired in World Giving Index, but there may be a reason for it.




People in Japan are well known for their kindness, so it may come as a surprise to hear that it actually ranks as the worst country in the world when it comes to helping strangers.

The revelation came to light in the Charities Aid Foundation (CAF) World Giving Index for 2023, which ranks 142 countries in three different categories: donating money to charity, helping a stranger, and volunteering time.

In the “Helped a Stranger” category, Japan ranked last, in 142nd position out of 142 countries, with responses indicating that 21 percent of the population had helped someone they didn’t know in the past month. That’s compared to 83 percent of the population in the top-ranking country, Jamaica.
 

jsctan

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New HDB ATH record set: S$1.73M for a 5-room SkyOasis @ Dawson unit​

July 23, 2024·9 min read·by Azhann Rosmin


A premium 5-room HDB flat at SkyOasis @ Dawson, located on Margaret Drive, has achieved a record all-time high (ATH) of S$1.73 million, making it the most expensive transaction in the HDB resale market.

Spanning 1,195 sqft, the unit was sold on June 26 at S$1,444 psf. Notably, this sale, facilitated by Faith Wong, senior marketing director at ERA Realty, has surpassed the previous record set by a unit at City Vue @ Henderson just last month.
This is the best. 5 years only & only he prospers. His kids got to carry burden buying at big loan 20 yrs later.
 

k1976

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SINKI mist favorite investment - Fintech :smile:

A Fintech’s Collapse Raises Questions About a Hot Business Model​

Tech companies found a way to sell FDIC-backed accounts without being banks—then one firm lost track of customers’ money.


Fintech

Illustration: Christian Blaza for Bloomberg Markets
By Paige Smith
July 16, 2024 at 8:00 PM GMT+8
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Over the past decade, dozens of financial-technology companies have linked up with small and midsize banks across the country.

The idea: The fintechs would create slick smartphone apps and offer useful new services to lure customers, and banks would hold on to the deposits, generating lucrative fees from transactions.

Importantly, the arrangement allowed the fintechs to tout protection from the Federal Deposit Insurance Corp.

But now, as millions of dollars’ worth of deposits remain frozen months after the collapse of a company called Synapse Financial Technologies, that supposed FDIC protection has come into clearer focus. And those partnerships are facing tough questions.


 

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https://apnews.com/article/synapse-...ounts-frozen-07ecb45f807a8114cac7438e7a66b512


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Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans’ deposits​

BY KEN SWEET
Updated 6:51 AM GMT+8, May 23, 2024
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NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks.

Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & Trust. That has caused disruptions for customers of Synapse’s partners, leading to accounts being frozen or showing funds not existing at all.

Synapse’s shutdown has “needlessly jeopardized end users by hindering our ability to verify transactions, confirm end user balances, and comply with applicable law,” said Memphis-based Evolve in a statement last week. Because Evolve is a bank and is required to comply with banking laws, it has to make sure all customer deposits are accounted for to the penny, which may take time.
 

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It is possible the Consumer Financial Protection Bureau, which has law enforcement authority, could open an investigation into Synapse’s behavior and its impact on customers.
Traditional bankers as well as consumer advocates have long criticized the fintech business model, where these companies appear to be banks but have none of the protections of banks due to customer funds being stored elsewhere.

“The disorderly failure of Synapse and the impact on end users is likely to confirm policymakers’ and regulators’ worst fears about the operating model and fintech in general,” wrote Jason Mikula, a former Goldman Sachs banker who has been writing about the problems at Synapse.
This is not the first time a problem with a financial middleman has caused pain to average Americans.

In 2015, hundreds of thousands of customers of the prepaid debit card company RushCard were frozen out of their funds after a botched software update cause RushCard’s systems to be completely frozen. Customers of RushCard, often low-income people, were unable to buy groceries or other basic necessities. The company was fined $13 million buy the Consumer Financial Protection Bureau for the dayslong disruption.
 

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https://synapsefi.com/company


Our Story of Smart RainMaker​

After immigrating to the US, Synapse's CEO & Co-Founder, Sankaet Pathak, experienced first-hand the difficulty in opening a US bank account or getting approved for credit without a financial history.

He did not fit into the traditional financial framework and he realized there must be millions of others experiencing the same problem. That’s why the company is dedicated to providing access to financial services for people all over the globe who have been left behind by traditional banking institutions, and enabling developers to create more creative and accessible financial products on our API infrastructure.
 
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