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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. 

Latest articles

Retiree suffered heavy losses after borrowing to buy $2m of investment products

A retiree ended with losses because he borrowed over $1.4 million to buy insurance products.

Thief who stole Singapore traveller’s credit card spent $10k once plane landed

By the time the Singapore traveler found out that her card was missing, the crook had spent $10,000 by charging 20 transactions on the card.

Why you can be sued if you use personal devices to access work data

The court found that downloading files on company laptops was fine but this became a wrongdoing if done on personal devices.

Forwarding work e-mails to personal accounts can land you in trouble

The High Court has ruled that copying or keeping business e-mails without permission can amount to a breach of confidence

When crooked employee hid scams by booking in profits for company

No one suspected the manager because she always booked in profits for the fake orders.

Why crooks cannot sue for ‘fruits of their fraud’

Those who commit wrong-doing cannot expect the courts to help them recover ill-gotten gains

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.