This article https://www.scmp.com/comment/opinion/asia/article/3152898/how-singapores-zombie-stock-exchange-undermining-its-financial serves an important lessons we can learn. Globalization and the widespread use of the digitalization means there is no difference to trade outside of the country of residence. In the past, people trade local stocks due to familiarity. However, these days, people have become less familiar with local stocks especially those in the sunset industries. Generally … [Read More...]
LATEST ARTICLE (SUBSCRIBE TO MY MAILING LIST TO AVOID MISSING THE LATEST)
First Bitcoin ETF and what you should know
The BITCOIN STRATEGY ETF was just launched on the 18th of October 2021. Before anyone jumps in the bandwagon to buy this ETF. There is something you need to know. The ETF offers a convenient way to gain exposure to Bitcoins. It is available from any traditional stock brokerage platform. However, the BITCOIN STRATEGY ETF does NOT invests in Bitcoin. It invests in futures contracts. So, what is futures contract? A futures contract is a legally binding contract in which a buyer agrees … [Read More...]
Think small, remains small. Think big, achieve big things
Read the below mentioned article on what these students did when they were given an assignment of growing $5 in just two hours. You will be shocked on the creativity these students had. If the students had focus on the small initial capital, they would never be able to make 4000% within 2 hours. Instead, they thought out of the box and saw the big picture. Very often, we focus on what is unimportant and miss the big picture. One of the most common objections I hear from investors is that … [Read More...]
6 rules of investing
Here is a youtube video on 6 rules in investing. https://youtu.be/y-jBPlyJR_4 For those who don't have 10 mins to watch the video, let me summarise for you: Rule 1 Be a shameless cloner. That means follow the investment of top investors. (My comment: The method of following 13F fillings is interesting. However, we will miss out smaller companies as many large institution investors are unable to buy into smaller companies due to the liquidity issues). Rule 2 Buy stocks that have … [Read More...]
Volatility of Real Estate Investment Trusts (REITs) is higher than stocks
In my experience, many retirees like to invests in REITs. Some of the reasons many retirees invests in REITs are: They tell me that REITs are safer because underlying is backed by properties. REITs are safer because of rental income which is easy to understand. Even if the REITs' prices drop, it is ok because the investor still get an income and as long as they don't sell it, the capital lost is just paper lost. But what they don't realised is that it has a volatility that could be … [Read More...]
Featured articles
Why buying life insurance for children is important
Why would my baby need life insurance? Which is the best life insurance? Shouldn’t I buy term insurance for my baby since it is the cheapest? This article will address these questions. Why would … [Read More...]
HOW AND WHAT TO INVEST NOW!
This webinar has ended. However, if you wish to receive the recording, feel free to key in your particulars below. The recording link expires on 10 July 2021. You will also be subcribed to our … [Read More...]
How to enjoy life now and ensure the future is secure?
In my previous article, I spoke another the similar objectives and common errors made by the YOLO and FIRE individuals. The former seeks to enjoy life now without thinking about the future while the … [Read More...]
HOW AND WHAT TO INVEST NOW!
This webinar has ended. However, if you wish to receive the recording, feel free to key in your particulars below. The recording link expires on 5 June 2021. You will also be subcribed to our mailing … [Read More...]
YOLO or FIRE? (To enjoy now or enjoy later?)
A survey made by HSBC Financial Fitness Index shows that many are not ready for retirement. The common cited reasons reported by Straits Times are unexpected expenses, unexpected medical expenses, … [Read More...]
HOW AND WHAT TO INVEST NOW!
This webinar is over. To avoid disappointment and not to miss the next webinar, we will contact you if you indicate your interest using this form HERE. More than 200 individuals attended the … [Read More...]
Why some of your insurances may have become obsolete?
This webinar is over. To avoid disappointment and not to miss the next webinar, we will contact you if you indicate your interest using this form HERE. Date, time & venue 1 Oct 2020, … [Read More...]
HOW & WHAT TO INVEST NOW!
This webinar is over. More than 200 individuals attended. To avoid disappointment and not to miss the next webinar, we will contact you if you indicate your interest using this form … [Read More...]
Webinar on: “How to retire 10 years earlier than your current plan?”
The Webinar is over. If you are keen to be inform of the next Webinar, kindly leave your contact using this form HERE You are specially invited to a Webinar on: Topic: How to retire 10 … [Read More...]
How to avoid the top 5 mistakes people make in investments?
Have you made large losses before and is now too fearful to invest? Why is it that whenever you invest, the market goes down? How did Warren Buffett achieve more than 18% per annum of his … [Read More...]
featured articles
3 common excuses to delay retirement planning
In the HSBC’s latest global report, Generations and journeys, a whopping 59% of retirees is using cash savings/ deposits to help them fund their retirement. There were other worrisome findings … [Read More...]
Free advice is going to cost you your entire HDB flat!
Everybody I know is concerned about their salary because they want to save for retirement. Financial advisers are no different from the human being next door. They need to earn a living as well. … [Read More...]
It’s too late to do retirement planning when old, says Citi-SMU
According to Citi-SMU (SingaporeManagement University) symposium on financial Literacy for young adults, it is important to start managing one's finances when young. This is because picking up … [Read More...]
ST forum: Guarantee CPF Life solvency for peace of mind
The following letter was published in Straits Times Forum page on 13 August 2014 regarding CPF Life solvency: Guarantee CPF Life solvency for peace of mind THERE is merit in removing the Central … [Read More...]
No advice given, few documentation and non-disclosures but earns easy money
Here is an example on how a financial adviser sold a life insurance product. The following is a scanned image of a section of the KYC: In the KYC, the client declared "I do not want any … [Read More...]
The risk of using investments for retirement are often underestimated
In this article, I want to write about a little-known danger when using investments to support one’s retirement. Very often, I hear of clients using stocks and REITs as a source of income to support … [Read More...]
MAS gives examples of illegal sales tactics for the Balance Scorecard
In 2015, there will be new laws governing the conduct of financial advisers in Singapore. Despite large number of laws governing the manner which financial advisers must act, majority of these laws … [Read More...]
Get Full Report on CPF Life with Escalating payouts and the Lifetime Retirement Investment Scheme
The government announced that it has decided to introduce two new CPF schemes: CPF Life with escalating payout feature and the Lifetime Retirement Investment scheme. CPF Life with Escalating … [Read More...]
How to calculate the minimum salary you need to have?
Many people choose their career or studies based on interest. They also choose it based on the potential salary that the job can command. I would like to give an alternative view on what is the … [Read More...]
