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...]
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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. Otherwise, you stay at the Retirement Sum Scheme. What is the Retirement Sum Scheme? Under this scheme, the CPF Retirement Account will be drawndown on a monthy basis starting 65 (the minimum payout age) until up to 95 years old. Most people may be confused with the CPF Minimum Sum Scheme … [Read More...]
Featured articles
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...]
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
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...]
SingHealth breach: what does it mean to lose your data
By now everybody would have read in the news that 1.5 million SingHealth’s patients’ information were stolen. Singapore has a population of 5.79 million. So 26% of the population got their personal … [Read More...]
High networth asking govt for help because of poor financial planning
There was a letter written to the Sunday Times on 19th February 2017 about a high networth (or at least behaving like one) who was so cash scrapped that she asked whether the government can help her. … [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...]
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...]
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...]
HSBC The Future of Retirement: 78% worried about not having enough for retirement
HSBC made a survey called “Future of Retirement” and it was found that: 1/3 of Singaporeans expect their standard of living to fall when they retire. 78% of working-age Singaporeans are worried … [Read More...]
6 ways to increase your investment returns
1: Asset allocation is critical The most important part of investment is to get the asset allocation right. This is because large proportion of the percent of return variation of a portfolio is … [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 create your own dividends paying portfolio
Today I want to discuss briefly about the quest for income generating investments. Many investors have the desire to invest in income generating instruments such as dividend paying stocks. Here is … [Read More...]
