This is a talk to PSA recorded live on 17 July 2023. https://www.youtube.com/watch?v=ceIwmpOYIwI … [Read More...]
LATEST ARTICLE (SUBSCRIBE TO MY MAILING LIST TO AVOID MISSING THE LATEST)
Should You Buy Insurance From Friends?
https://www.youtube.com/watch?v=IbXP_sUiF8M Question: So should I buy insurance from friends? Answer: No, you should not buy insurance from your friend if your friend has little experience. Do not buy insurance or anything from your friend just for the sake of support. Buy because you felt that the advice given was good and the product suits you. A true friend is the one who will look out for you. A true friend is the one who will recommend an appropriate investment or insurance … [Read More...]
Wilfred Ling’s Story, the beginning
https://www.youtube.com/watch?v=Yu1lzL8ra7s … [Read More...]
Three Approaches to Investments
Someone wrote to me the following comment: “I invested via Endowus, Sfye, Moneyowl and Stashaway. None of them are doing well. I am very sad. I thought ETFs could weather the storms better than investing in individual stocks.” Do you resonate with the above statement? If you do, continue to read this newsletter. One of the main reasons why many investors are not satisfied with their investments is due to not being aware that there are three approaches in investments. Market … [Read More...]
How to create your own dividends paying portfolio
The other day, one of my clients informed me that he plans to take early retirement. Despite being below the statutory retirement age, his employer is offering a special package to encourage employees to voluntarily leave the company due to the ongoing economic recession. Rather than waiting for conditions to deteriorate further, he decided to apply for the early retirement package. During our conversation, he emphasized the importance of converting his investment portfolio to one that generates … [Read More...]
Featured articles
60’s with no dependants – which insurance is a must have and nice to have?
Question: Question: For someone in their 60s and no more dependent, which other insurance is a must have and what are the nice to have? Answer: Insurance for medical For someone in … [Read More...]
What Can You Invest If You Have $400k?
Question: I have about $400,000 to invest. I would prefer something safe, what should I do? Answer: For capital guaranteed product, I recommend Singapore Saving Bond. First because you can … [Read More...]
My Retirement Pastime with iFAST TV
Here is an interview with iFAST TV on my retirement pass time. Haha.. … [Read More...]
High Savings Account Or Bonds?
Question: Can I just put my money in high interest savings account rather than buying bonds? Answer: The advantage of these high interest saving account is that the minimum entry amount is very … [Read More...]
Off-label cancer treatments cannot be covered by Integrated shield plans
With effect from April 2023, off-label cancer treatments will no longer be covered by your integrated shield plans. What are integrated shield plans? Integrated shield plans are insurance products … [Read More...]
What are the recommended dividend stocks in Singapore for retirement?
1. It is not recommended to invest for the sake of dividends I am not in favour of investing for the sake of dividends. I am not saying that we should not invest in stock that pays dividend. However, … [Read More...]
Why are your prospects paying expensive investment courses instead of consulting you?
This video is for financial advisers. However, it is also somewhat relevant to those who are not financial advisors. Can I ask you something? Have you wondered whom do prospects normally go to find … [Read More...]
Now is the time to start investing
Hi, this is Wilfred Ling. I just felt the need to record this video because I have something really important to speak to you. Having been a financial planning practitioner for 16 years, … [Read More...]
Market keeps crashing, what stocks to buy now?
Question: The market keeps crashing. People are asking what is the shopping list, for stocks, what should they be buying during this market crash? Answer: We are having a what you call bear … [Read More...]
What is the expected returns if you invest now?
The stock market, S&P 500 is now at bear territory. That means that a bear territory means when the index falls by more than 20%. However, many blue chips stocks have actually fallen much more than … [Read More...]
featured articles
Strange way of how CPF Interest is calculated & retirement planning
CPF has a rather strange way of calculating interest. In this article, I will explain how CPF interest is calculated and how you can make use of this knowledge to reduce the disadvantage of such a … [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...]
CPF: How to Accumulate $1m in your CPF by 57?
I read online that there are people who wants to achieve $1M in their CPF by 65 years old. However, I found that it is possible to do so by 57 WITHOUT even attempting to top-up extra money in CPF. … [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...]
FREE personalised retirement planning analysis report for those 40 & above
I created a new retirement planning tool for those who are 50 and above to help them plan for their retirement. This new tool is FREE. The tool is capable of generating automated preliminary … [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...]
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...]
A whopping 65% of retirees’ saving will not last, says NTUC Income’s survey
It was reported that 65% of retirees feel that their savings will not last through retirement. This survey was conducted by Nielsen commissioned by NTUC Income. In addition, retirees say that one of … [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...]
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...]