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I heard that as little as SGD100, you can invest in ETF. Office are talking about ETF at the ATM when the Greek crisis hit and the STI goes down. Any clue what is the risk and how to spot the right time to go in?

A report from The Financial Times predicts that China will build more passenger cars and light commercial vehicles than Europe for the first time ever in 2013. This should not come as a surprise as European car makers such as Opel, Ford of Europe and PSA Peugeot Citroen have announced plans to cut production this year. Analysts expect China to produce a total of 19.6 million cars this year versus 18.3 million units in Europe. In 2012, China and Europe rolled out 17.8 million and 18.9 million cars respectively. However, all is not lost for Europe as its sluggish economy is showing signs of recovery. The PMI index for the 17-member Eurozone hit a nine-month high in December 2012 although the reading of 47.2 reflected an 11th month of contraction. But, if The Financial Times' estimates were accurate, about 23.8% of vehicles sold this year will be produced in China which is almost ten times higher than in year 2000. Taking into account Europe

Engulfed by recession and high unemployment rate, Spain's new car sale for 2012 has plunged by 13.2%. According to Spanish car makers' association ANFAC, it was a dismal December when new car sales plunged 23% from a year ago, which led to this steep annual decline last year with little expectation of improvement in 2013. This is the lowest level ever recorded since data collection began in 1989. A similar situation is affecting France as well, where new car registrations hit a 15-year low in 2012. ANFAC commented that the figures could have been worse if not for a new car subsidy scheme introduced by the government on 1 October 2012 in an attempt to offset the effect of a 3% hike in value added tax that was introduced in September 2012. Most economists expect the Spanish unemployment rate to remain above 25% in 2013 and its economy to endure another year of recession. Spain, which is the Eurozone's fourth-largest economy, has been hit particularly hard by the collapse of the country's housing market, which forced the government to bail out the Spanish banking sector with assistance from the EU.