Introduction Are you on track to your desired retirement lifestyle? OCBC Financial Wellness Report 2022 has some interesting findings worth highlighting here. OCBC FINDINGS – MOST RESPONDENTS ARE NOT ON TRACK Have you ever wondered how much you would need to retire comfortably or in your desired lifestyle? Well, OCBC published a report “OCBC FinancialContinue reading “Are You on Track?”
Tag Archives: Investment
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?”
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”
Does Dollar Cost Averaging work all the time?
During my university days, a few friends and I were doing contra trading out of fun. Contra trading involves buying and selling the same shares without paying for them. But after a transaction, investors are given three days – known as the contra period – to transfer the cash to the brokerage as payment for theContinue reading “Does Dollar Cost Averaging work all the time?”
Set Sail Towards Your Financial Destination
Investment is not only for the rich or those who yearn for a luxurious lifestyle. In fact, anyone who wants to beat inflation should consider investing. The interest rates on most bank savings account are currently at 0.05% per annum. This means that cash kept in a bank savings account earns interest at rates thatContinue reading “Set Sail Towards Your Financial Destination”