Investing Principle #2: Start Investing As Early As You Can

Investing Principle #2: Start Investing As Early As You Can

When you think about the span of your life, you can easily break it up into three parts. We spend a third of our lives growing up, another third maturing into various responsibilities and the final third of our lives in retirement. Given that Singapore has one of the world’s longest life expectancy at 84.8 […]

Financial Planning via MoneyOwl: A Compass For Your Retirement

Financial Planning via MoneyOwl: A Compass For Your Retirement

Its ‘lifestyle’ financial planning approach starts from a client’s current assets and shows what this means for his future. By Genevieve Cua A comprehensive personal financial plan is akin to a sturdy compass for your future financial health. But most people may not have a financial adviser. MoneyOwl, a joint venture between NTUC Enterprise and […]

Investing Principle #1: Always Start With A Plan

Investing Principle #1: Always Start With A Plan

Have you ever experienced travelling overseas without a plan, and ended up not visiting the attractions you had wanted to go? While going on a holiday without a plan may result in wasted time and a few missed attractions at best, investing without a plan could mean forgoing the things that matter most to you […]

What Will Happen To My Insurance Policies If My Insurer Goes Bankrupt?

What Will Happen To My Insurance Policies If My Insurer Goes Bankrupt?

Regulated by the Monetary Authority of Singapore (MAS), all life insurers operating in Singapore have stringent capital requirements to comply and adhere to. It requires them to have financial resources at least equal or more than the total of their underwriting and investment risks. However, should an insurer still go under despite these regulations, there […]

How Can I COVID-Proof My Financial Plans?

How Can I COVID-Proof My Financial Plans?

With the circuit breaker measures extended till 1 June, checking for daily updates on a number of COVID-19 cases has become a norm for many of us working from home. If you are waiting for the daily updates and are scanning your device for something, here’s something for you. When COVID-19 first hit our shores, […]

Bond Investing: Not Just About Buy And Hold

Bond Investing: Not Just About Buy And Hold

What is a bond? Bond is a debt security or I.O.U. issued by a government or corporation to raise funds. By investing in a bond, investors (aka. bondholders) are essentially lending money to the bond issuers. If you take up a bank loan today, you know that you will need to make regular interest payments […]

How The Resilience Budget Will Benefit Singaporeans

How The Resilience Budget Will Benefit Singaporeans

The Resilience Budget will dedicate $48 billion to help Singaporeans deal with the impact of COVID-19 with a focus on saving jobs, protecting workers and supporting households. If you had missed DPM and Finance Minister’s Heng Swee Keat’s Ministerial Statement earlier this afternoon, here’s a summary of the cash payouts that you can potentially receive. […]