The Market Always Recovers Over the past century, we have seen numerous bear markets and recessions. In recent decades we had gone through the Asian Financial Crisis in 1997, dot.com bubble in 2000 and Global Financial Crisis in 2008. Yet markets have always recovered, just as it will for the current COVID-19 crisis, and rewarded […]
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 […]
The longest global expansion on record has officially ended this quarter. US GDP shrank 4.8% in Q1 while two of Europe’s largest powers, France and Spain also saw their economies contract 5.8% and 5.2% respectively. With most economies seeing their worst contraction since the last global financial crisis and some already in recession, many would […]
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 […]
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 […]
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 […]
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, […]
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 […]
The Singapore financial market is keenly awaiting Monday’s Monetary Policy Statement (MPS) by the MAS. This statement will include guidance on where the value of SGD will be for about six months. Note that this scheduled release is advanced, possibly by a few weeks as this semi-annual MPS is always in April and October. USDSGD, […]
