Tan Ooi Boon

Invest Editor

Ooi Boon is the Invest editor who writes a weekly column in The Straits Times that aims to help readers improve their financial and legal literacy. He is also the Straits Times Masterclass pioneering writing coach, because he believes Straits Times writers can share their newsroom skills to help readers write with impact. A lawyer by training, he has written eight books. His latest book - Retire With More Money - is now available at bookstores, stbooks.sg and Amazon Kindle.

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Latest articles

Why a man who earned over $88k a month had total savings of only $13k

This case shows that high income does not mean high savings if your expenses are equally high as well.

When joint bank accounts with relatives can still be shared by ex-spouses

In a dispute, joint bank account owners must still prove their entitlement to the funds because the law will not automatically define who owns the money.

When relatives couldn’t inherit $4m in their joint bank accounts with family patriarch

It was found that the man did not intend to give his money to his joint account holders; he had added their names solely for administrative purposes.

How families can avoid fighting over money in joint bank accounts

Opening joint bank accounts with relatives out of convenience can cause disputes if the money is meant for others as well.

S'pore businessman cancels $9m divorce deal after discovering first-born child is not his

The man sued his ex-wife because he was so incensed for being kept in the dark for over two decades.

4 things to know on how assets are divided when couples divorce in Singapore

Even if couples signed their own prenups, such contracts are not enforceable as the courts have the final says on how assets should be divided.

S’pore PR skipped US tax but lost $2m of Apple shares to ex-wife

To avoid paying more US taxes, the man ended up losing $2 million of Apple shares to his ex-wife.

When a father had overseas holidays instead of paying $2k monthly child support

A father stopped paying monthly child support of $2,000 for a year but still can travel for holidays

How a property investor was conned in a $2.4m overseas home scam

A simple check such as visiting the site of the overseas home would show that the deal was a scam as the address led to a forest.

When buying overseas homes, don’t compare with Singapore prices

Just because overseas homes are cheaper than those in Singapore, you should never assume you will always make money in such investments

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.