Should We Outsource Our Investments to Professionals?

This is a question that many people ask. They feel that only they will take the greatest care of their own money. I have seen many clients who came to me for help after trying to DIY their investments and ended up with dismal results. The reasons are (non-exhaustive): 1. They listen to friends’ advice.Continue reading “Should We Outsource Our Investments to Professionals?”

Why Private Integrated Shield Plan?

Why procure a Private Integrated Shield plan? Isn’t a Term or Participating plan that covers Early Critical Illness good enough especially there is a pay-out when diagnosed with one of the diseases covered under the policy?

5 Ways to Prepare for the GST Hike

The long-awaited GST rate rise that was confirmed in the Singapore Budget 2022, will begin on 1 January 2023. To remain fiscally sustainable, Singapore needs to make changes to its tax system to fund social and healthcare spending, especially given its ageing population. GST rate will increase from 7 percent to 9 percent in two stages – oneContinue reading “5 Ways to Prepare for the GST Hike”

To pay off or not to pay off?

“Mortgage interest rate is going up, should I redeem my investments to pay off my mortgage loan?” This was a question that was posed to me recently by a client. With mortgage interest rate going up, homeowners who are on floating rates now have to pay a higher monthly instalment. But exactly how much moreContinue reading “To pay off or not to pay off?”

To help or not to help?

(This article was written before 30th September 2022 property market cooling measures) A client called me in one day and asked if he should help to pay the down payment of a 2 million dollars condominium for his child who is getting married end 2022. After a few questions, I told him he is “cursing”Continue reading To help or not to help?

Using insurance to tide through financial difficulties

Recently, I met a biz associate’s wife for insurance discussion. It was my first time meeting her. I was shocked to learn that they were actually financially strapped and had to sell their house to free up cash. Currently, they are now staying in a rented house. On top of that, they downgraded their shieldContinue reading “Using insurance to tide through financial difficulties”

Calm is Key

Know Your Investment Temperament Preface Shocked by the current market volatility? Watching one video after another on how to profit from a down turn, what to buy and what not to buy………tempted to pay a good sum of money to attend an investment training webinar? You are bewildered by the extremely market volatility these daysContinue reading “Calm is Key”