Category Archives: Investments

Growing your savings through wealth accumulation instruments like stocks (shares, equity), real estate (property), fixed income vehicles (bonds) and mutual funds (unit trusts, collective investment schemes).

Using Insurance to Supplement Retirement Funding Needs

I came across an article titled “Growing Your Wealth With Insurance” in the Business Times on 3 March 2016. This article is another timely reminder for us all to ensure that we have given due attention to retirement planning. The topic of retirement planning never goes ‘out of fashion’. Why? Because, at the end of the… Read More »

SRS Account To Supplement Your Nest Egg

Retirement funding has been a much discussed topic since the first tranche of CPF recommendations were announced in February 2015. These changes will have an impact on all of us. Instead of having to meet a standard minimum sum at age 55, CPF members (turning 55 in 2016) will soon be able to choose from 3… Read More »

Planning For A Child: The Essentials

When it comes to planning for a child, there are 2 main components to consider: Protection Education Planning The insurance needs of children differ from that of adults simply because they are not working to earn an income and hence, have no responsibility towards supporting the family. On the other hand, parents could be thrown… Read More »

To The Swinging Single – What You Need to Know About Your Financial Planning

A number of my professional single clients are enjoying ‘single-hood’ – either they have not met the right person or they have no plans to get married.  They also know that because there is a high chance of them remaining single throughout life, they have to be financially independent at every stage of their life… Read More »

Your Insurance Portfolio: Optimized or Obsolete?

Recently, I met up with a university friend who is in her mid 40’s. She was interested to have me review her existing insurance plans. She is single and her main concern is to be financially independent should anything happen to her. The other concern of hers is to be able to provide for her… Read More »

ILPs Have A Bad Rep

Much has been reported about Investment Linked Plans. In my 10 years of financial advisory work, only 2 clients have requested for such a plan. The Business Times, April 12, 2006 – What Clients Are Not Told About ILPs The Straits Times, June 13, 2005 – Avoid ILPs, Case Advises Older Investors The Straits Times, May 24, 2005 – The Low-down… Read More »

ILP – A Ticking Time Bomb

“Insurance ‘Time-bomb’ Set To Explode” This Straits Times article title caught my eyes way back in Feb 2005. A regular premium investment linked product (ILP) combines insurance with investment (unit trusts). The underlying investment risk is born entirely by the insured. This means that returns are subject to market volatility and hence, not guaranteed. Why then… Read More »

ILPs and Escalating Insurance Charges

I have many clients whom have bought regular premium Investment Linked Plans (ILPs). All are unaware of the escalating insurance (or mortality) charges as they have never been informed of these charges when they were sold the plans. So, you can imagine the disbelief on their faces when I explain to them the impact of… Read More »

9 Ways to Tackle Inflation

According to the Statistics of Singapore, the inflation rate in Singapore was recorded at -0.30 percent in November of 2014. Inflation rate in Singapore, however, is an average of 2.80 percent from 1962 until 2014. In Singapore, the most important categories in the consumer price index are housing and food. So, how does this affect… Read More »