Articles
Insurance Principle #4: Understanding Your Existing Insurance Coverage
If you have been following our Insurance Principles series, you will now be convinced that you need insurance – to protect your livelihood, to take care of your loved ones or to kickstart your wealth accumulation journey. However, it is important to understand what...
The Disconnect Between Stocks And The Economy
Guest contribution by Chong Ser Jing, Portfolio Manager & Co-Founder of Compounder Fund at Galilee Investment Management Pte Ltd, Blogger at The Good Investors. The apparent disconnect between the stock market and the economy is one of the hottest topics of...
CareShield Life Launched for Singaporeans 30 and Over – What you Need to Know
Hitting 30 this year? Here’s what you need to know about CareShield Life, Singapore’s latest Long-Term Care insurance scheme for Singaporeans aged 30 and above. From 1 October 2020, all Singaporeans aged 30 and above will be automatically enrolled into CareShield...
Investing Principle #11 – Past Performance Is No Indicator of Future Performance
Have you ever waited a long time to watch a movie directed by a renowned filmmaker who had clinched many Oscar and Emmy awards in the past, only to be disappointed by its lackluster script after you have watched it? Just as how we cannot judge a movie based on the...
The Tech Sell-Off and the Korean Boy Band IPO
Was last week the time of reckoning for the stock markets? For those who worry that investors have been irrationally exuberant, two pieces of news over the past week might make them seem right. The first is the market sell-off in technology stocks towards the end of...
Is it wise to use Insurance Retirement Income Plans in place of CPF LIFE?
If you have been searching for ways to plan for your retirement, you would probably have come across many insurers promoting their retirement income or annuity plans. With such plans, you either fork up a lump-sum or pay regular premiums over a period of time, in...
Principle #3 – Insurance as a Foundation for Building Wealth
Some people think that it is not necessary to buy life insurance. Why should I pay to be protected from something that is not likely to happen and with money I can’t get back? They may think it is better to accept the risk and retain full control over their money...
How to Manage Risk in Your Life
Risks are part of our daily lives. We risk waking up late for work, we risk contracting a virus when we’re out and about, we risk losing our jobs in a market downturn, we risk our marriage failing, we risk our children going astray, we risk losing our money in poor...
Help! How do I make sense of the new Critical Illness (CI) definitions?
Unless you’re a medical practitioner or a healthcare worker, you’re unlikely to have studied the definitions of critical illnesses in your insurance policy. These definitions play an important role in determining whether you are eligible to claim from your policy in...
Changes in CI Definitions & MINDEF-MHA Group vs Individual Insurance: What you need to know
If you have not heard, all insurers would have to adopt the new 2019 Critical Illness (CI) definitions set out by the Life Insurance Association Singapore (LIA) from 26 August 2020. The new 2019 definitions are meant to reduce ambiguity over what can or cannot be...
A Tale of Three Workers
Imagine a company which has three employees. The first employee, Stuart, is your typical go-getter, strategic and smart. He is always ahead of the curve in innovation and brings a lot of value to your company, driving growth and delivering outcomes. However, Stuart is...
All You Need To Know About SRS
If you are planning for your retirement and haven’t heard about the Supplementary Retirement Scheme (SRS), you might be losing out! What is Supplementary Retirement Scheme (SRS)? SRS is a voluntary scheme to encourage individuals to save for retirement, over and above...
