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...]
LATEST ARTICLE (SUBSCRIBE TO MY MAILING LIST TO AVOID MISSING THE LATEST)
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...]
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 my child need life insurance? The general purpose of insurance is to reduce the potential financial lost if the insured event occurs. An integrated shield plan is sufficient to reimburse the financial lost due to hefty hospital medical bills. However, should the illness requires long-term … [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 mailing list to receive tips on financial planning. Name: Email: We respect your email privacy Powered by AWeber Email Marketing More than 200 individuals attended the previous webinar and managed to learn how and what to … [Read More...]
Featured articles
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...]
How to Retire 10 years earlier than your current plan
After six years of hiatus in conducting seminar, I decided to give a talk on retirement planning. I am delighted to see so many people came for this talk. What shocked me was the sheer number of … [Read More...]
CPF Retirement Sum Scheme
Although CPF Life is compulsory, there are those who will not be automatically enrolled. If your age and CPF Retirement Account meets the following, you will automatically be enrolled to CPF Life. … [Read More...]
featured articles
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...]
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...]
Why using ILPs for children’s education planning is a bad idea?
Many parents use ILP to save for children's education. I think this is a bad idea. This is why: The ILP salesman will market ILP on children's education like this: Life assured on the child. … [Read More...]
(Another) 4 reasons why Singaporeans and you cannot retire
There was a report that an aircraft technician was worried that he may be force to retire when he turns 65 years old this Saturday. This is because the re-employment age ceiling will increase from 65 … [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...]
Dividend Yield Play turn out to be a disaster (as usual, nothing new under the sun)
Today’s Sunday Times talk about Business investment trust in which it was found to be attractive to investors looking for dividends. I am always very fascinated by the idea of high dividend yield … [Read More...]
3 ways to make your SRS work harder
It is coming to end of the year. Those who wish to save on taxes are now thinking of tax saving measures such as Supplementary Retirement Scheme or better known as SRS. By default, SRS contributions … [Read More...]
Case study to generate passive income for retirement planning
In this article, I would like to give a description on a case I worked on to help my clients monetise their existing assets in order to provide for a retirement income. My clients – husband and … [Read More...]
Why private banking clients have no asset allocation skills?
A UBS survey among high networth individuals in Singapore and Hong Kong revealed interesting findings: 62% of investors admitted that they did not know how much to save for retirement Only 1% … [Read More...]
