Does my child need insurance?

Does my child need insurance?

Every parent knows the importance of childhood vaccination. We took BCG and MMR according to the immunisation schedule without questioning what the vaccines are for. Unlike vaccination, the topic of child insurance has often been deprioritised and whenever it is brought up, it receives much debate surrounding the actual need for it. If you are […]

Which Retirement Income Plan is right for you?

Which Retirement Income Plan is right for you?

Retirement income insurance plans have been gaining popularity among Singaporeans when it comes to retirement planning. They help us diversify our retirement portfolio, encourage a disciplined savings habit and provide monthly guaranteed payouts during our golden years. As these plans are underwritten by insurance companies, they also provide some insurance coverage. While you may know […]

Understanding Your Investment Returns

Understanding Your Investment Returns

If you have started your investment journey and are wondering how investment returns should be calculated, we have put together some materials that hopefully will help you understand returns better. Let’s start off with some basics. Simple Investment Return Adam invested $500 in Fund A. 1 year later, he sold all his holdings in Fund […]

How To Make Lump Sum Investing Less Fearful

How To Make Lump Sum Investing Less Fearful

I have seen this question asked in conferences and seminars again. And Again. And Again. And somehow, I felt the people asking that question never got a satisfactory answer. The question: If I have a lump sum of money, should I invest the lump sum in one shot, or should I split them up into tranches? Mathematically speaking, if […]

From First Step to First Home

From First Step to First Home

Back in September 2018, NUS released a study on The Straits Times that discussed the effectiveness of government policies in increasing Total Fertility Rate (TFR) in Singapore. The authors found that the estimated cost of raising a child in Singapore from infancy to age 21 across the 30th, 50th and 70th percentiles of household income […]

Funding Your Child’s Education

Funding Your Child’s Education

Introduction In this article, we will focus on the cost of tertiary education in Singapore and the available financial instrument to help save for your child’s tertiary education. There are generally 2 ways that this cost can be funded, either parent-sponsored or self-sponsored. Depending on your belief and values system, funding your child’s tertiary education […]