For many people, retirement planning seems complex and thus difficult to even think about. In some cases, they are also unsure of the amount they will need at retirement. For those who had worked out a number, they might think that the amount could be inflated. For others, in lieu of accumulating for a lump-sum…
Let’s be realistic for a moment. When you no longer work in a full-time job, you will still need to pay the bills. Moreover, the next thing you will feel is emptiness. Most new retirees will schedule activities to keep themselves occupied. It is very likely that the first phase of retirement, you will still…
Towards my last few years as a retail investor, I was exploring what Unit Trusts to buy. Unfortunately, I couldn’t find good answers online or from the banks at that point in time. And this question came up again recently. Now that I am in a different position, I shall attempt to answer this as…
Today, more than ever, we are constantly battling with decisions-making. We have limited resources, but many demands. And, things in this decade are changing faster than the previous decade. Even though we are now more affluent, more educated, and more updated, we can still feel financially insecure. While we may be coping with the changes…
When it comes to wealth accumulation through investment, most people would ask, “what should I invest in?” For me, I invest in anything that has a good ROI (returns on investment). You might say… of course…. who doesn’t, right? But, what is good ROI? My answer might disappoint some. If there’s one thing anyone wants…
As I look back on my investment journey, I thought about the key lessons I learnt along the way. To demystify investment and investing, here’s my top 10 tips I’ve filtered to guide new investors to a more positive investment experience. #1 Your Money Psychology I find that this is often not emphasized enough. When…
Most people already know the basics of investing. ☛ Start early.☛ Be consistent.☛ Let compounding do the heavy lifting. These ideas are widely shared, frequently repeated, and rarely disputed. And yet, many capable, intelligent professionals still struggle to put them into practice. Not because they don’t understand investing —but because understanding alone doesn’t survive real…
In a Blackrock Survey done in 2019 on US residents, among the non-investors who don’t invest: 64% find information about investing difficult to understand 60% say they don’t have enough money to start investing 47% are too worried about their financial situation today to think about the future 31% are afraid of losing everything What…
End of Life Planning Smart and responsible people plan for what happens to their family and loved ones when they are no longer around. Life can be so unpredictable. You don’t want to leave your loved ones scrambling to make arrangements. Instead, you want them to be calmly executing your wishes. Here are 7 things…
What if financial planning isn’t about products you buy, but about designing a life that holds you—no matter what storms come? When Someone Asks, “What Products Do You Have?” I hear this question often: “What products do you have?” And here’s my honest response: Planning, to me, means a different thing. You see, I spent…