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 investments over the past 53 years and can you do likewise? Do you wonder whether are there other ways to grow your money without taking investment risk? Are you one of those 73% who are not on track[1] with their retirement plan? If any of the answer is a “Yes”, I would like to invite you to … [Read More...]
LATEST ARTICLE (SUBSCRIBE TO MY MAILING LIST TO AVOID MISSING THE LATEST)
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 friends my clients brought with them. 😃😃 Nearly 70 individuals turn up! Yeah! Different from the past seminars I organised, I had a guest speaker, Mac Woo from Lusi Group, to talk about conflict management. Together, we gave a powerful & practical advice on how to make money and … [Read More...]
Featured articles
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...]
Conservative Account (for existing clients only)
This is an announcement for existing clients. The Conservative Account is an investment that aims to provide a return of 2-4% per annum (inclusive of dividends) with low volatility. The Account … Read more
How money is created through the reserve ratio and why it is important know?
Have you thought of how money is created? You need to understand the mechanism of how money is created because the supply of money has an influence over an economy. If there is large increase in money … [Read More...]
What is meant by utmost good faith (uberrima fides)?
When applying for insurance, the principal of utmost good faith applies. The Latin equivalent of 'utmost good faith' is uberrima fides. The principal of utmost good faith or Uberrima fides means … [Read More...]
What we can learn from Warren Buffett? Part 4
This is a multi part article. For the previous article, you can read it here: What we can learn from Warren Buffett? Part 3. Do not get emotional Warren Buffett is not perfect. We can learn from his … [Read More...]
If an insurance company pays claims that are much less than the premium collected, does it mean the product is priced too expensive?
I saw this Facebook post the other day and I felt it is one of the most common misconception about insurance. The Eldershield is meant for old age but the pool is young and so the claims are low. … [Read More...]
Dimensional Funds are now available for retail investors
For those who are into index investing will know how frustrating it is to do so. Vanguard has decided only to make its index funds available to Accredited Investors. Those who prefer to invest in MAS … [Read More...]
What we can learn from Warren Buffett? Part 3
This is a multi part article. For the previous article, you can read here: What we can learn from Warren Buffett? Part 2. Treat the investment as a business Unlike many investors, Warren Buffett … [Read More...]
What we can learn from Warren Buffett? Part 2
This is a multiple part article. For the previous article, please refer to this article: What we can learn from Warren Buffett? Part 1 Having a diversified portfolio As at end of 2017, SEC 13F … [Read More...]
What we can learn from Warren Buffett? Part 1
BYD Co Ltd was listed on the Hong Kong exchange in 2002. It was one of China’s biggest rechargeable batteries maker. Berkshire Hathaway - the holding company which Warren Buffett is the largest … [Read More...]
Share Repurchase vs dividends
Many investors understand what dividends are. However, not many realized that there is another type of invisible dividends that is called the share repurchase. Both shares repurchase and dividends … [Read More...]
featured articles
A client who spent $27,000 a year on insurances
There was an article Does it pay to stick to a big name in insurance? (Straits Times 30 Dec 2016) which asked the question whether should consumers buy from larger insurance companies in hope of … [Read More...]
Majority of Singaporeans unprepared for retirement, says DBS Bank
The DBS Bank survey of 1,000 Singaporeans and Permanent Residents showed that: 75% are not following any financial plan for retirement needs Many do not even know where or how to start … [Read More...]
Millions of dollars of retirees’ money lost in property scam
It was reported that $60 million worth of investors’ money was lost in a property ponzi scam right in Singapore ("Investors caught in $60m ponzi scam", Straits Times 24 May 2015). Ms Leong Lai Yee … [Read More...]
3 Reasons Singaporeans Cannot Retire
Do you know that a survey shows that Singaporeans comes up number one in financial literacy? The strange thing is that in the same survey, it was found Singaporeans failed in retirement … [Read More...]
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...]
Property investment is illogical especially when its > 100% of networth
Update 30/11/2017: See article: MAS flags risks from 'excessive exuberance' in property market For those who has read my blog for some time is well aware that I am against the way many Singaporeans … [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...]
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...]
Rental income may not be enough to service property loans, warns MAS
"In particular, before investing in property, investors should be aware that rising vacancy rates, declining rentals and impending interest rate increases mean that they may not always be able to rely … [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...]
