Rebalancing – A Great Way To Eliminate Bad Decision Making
Most investors face a dilemma in correct decision-making: when to buy, when to sell, what to buy, what to sell, how much to buy or sell, and at what price! What if I told you that there is a way by which you could take profits when markets are high, and invest when prices are […]
Can Insurance Be Seen As An Investment For Your Loved Ones?
Let us take a look at an example. Mr. Andrew Tan is age 35. He is married to his homemaker wife, Susie, and they have two young sons who are 3 and 6 years old. He takes up a term life insurance policy worth $1 million, covering him for Death and Total & Permanent Disability […]
What You Should Know About Matrimonial Assets
Matrimonial assets come into the spotlight, especially, when a divorce is on the table. In Singapore, marriages and divorces are governed by the Women’s Charter. Within the Charter, it contains the definition of matrimonial assets (source: Attorney-General’s Chambers Singapore). What are matrimonial assets? Under the Women’s Charter, matrimonial assets include: Assets acquired by one or […]
The Importance of Estate Planning: 5 Consequences You Cannot Ignore
The Importance of Estate Planning: 5 Consequences You Cannot Ignore by Karen Tang CFP The Importance of Estate Planning: 5 Consequences You Cannot Ignore Estate planning may sound like a big, complicated word. But in reality, planning your asset distribution need not be a daunting task. When you work with an experienced financial advisor and […]
Launch Of The Cancer Drug List: How Might This Impact You?
This headline in The Straits Times caught my eyes back in April this year. Ms. Koh is a bile duct cancer patient. She is insured under a Great Eastern Integrated Shield (IP) plan that covers private hospital care and a rider that pays a portion of the bill. Even though the cost of treatment would […]
Not Sure About Contributing to SRS? Consider These Pros And Cons
Thinking of contributing to the Supplementary Retirement Scheme (SRS) to enjoy tax reliefs while building up another source of retirement savings? Here are some pros and cons you may wish to keep in mind when making your decision. What are the benefits of contributing to SRS? 1. An additional source of retirement income In addition […]
5 Steps to Settling Your Debts: Millennials Find It Tough To Pay Off Loans
I was recently interviewed by Her World magazine (June 2022 issue) on an article titled “Dealing with Debt”. The subtitle reads: “Many millennials are finding themselves stuck with unimaginable debt. Why is this happening and what can they do about it?” Millennials are those who are between the age of 26 to 41 in 2022. […]
Are Dividends Important?
Many investors like dividends. They see it as a regular source of income from their investments. But what are dividends? Dividends are the portion of earnings that is given back to the shareholders of a company or fund. Unlike bank interest or bond coupons, dividends are not guaranteed. Yet, some companies and funds are well-suited […]
10 Pointers To Consider Before Buying A Property In Singapore
Does it make sense to rent or own your property in Singapore today? Is paying rent similar to throwing some of your money away? The above two are “Yes or No” questions. Buying a property is a BIG decision for most people. It will likely become your main financial asset, and its mortgage your main […]
Is it A Good Time To Invest Now? When Is It A Good Time?
The short answer is: yes. Just about any time is a good time to invest, as long as: The portfolio asset classes are inherently liquidBy liquid, we mean it is easy, quick and inexpensive to transact (buy and sell) at current prices. Stocks, bonds, and funds that are widely held in developed financial markets are […]