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“Properties are the best investments in Singapore” – Almost any other person It is true… To a certain extent. Since Singapore is land scarce, property prices generally goes in an upward trend. Rental fees are always on the rise, just look at all the poor hawkers that had to move due to high rental rates. “Ya lah, so properties are the way to go. Good and secure, good money from rental. Invest in it won’t be wrong. So why am I reading this sia?” – Probably you right now Yes, IF you invest in a property that has a decent[…]

Scams or fraudulent schemes have been prevalent since the beginning of time. Since the existence of money, there has always been some scheme created to part people from their hard-earned money. In this current age and time, pyramid schemes are usually disguised as multi-level marketing or MLM ventures as a means to scam unsuspecting victims. Inherently, most scams work because at the core of it all – greed prevails in the heart of men. And scammers know this well. They use this knowledge to their advantage and prey on people that are looking to get rich quick. It’s not just[…]

Let’s be honest. Chinese New Year is a time where more expenses incur for those who are celebrating. This is especially true for 2020, where Chinese New Year is just a short, one month from Christmas last year. It’s not surprising if some of us are still recovering from the damage done to our wallets. However, is it necessary to go all out with our expenses to have a joyous and prosperous celebration? Some people might agree – quoting that it’s a ‘once a year thing’, or it’s customary to do so. From new furniture, new clothes to even new[…]

It’s that time of the year, bring out the pen and paper for new year resolutions. If you are planning on making new year resolutions that are financially relevant in 2020, then stay on board and let’s look at the options. Thinking about improving your financial state and to have good financial health for 2020 is a great mindset to have for the new year. On your own, reflect on 2019. Are you happy with how it went? If you could do things differently about your finances and lifestyle in the previous year, what would they be? Now it’s a[…]

Here’s the question. What do you think is the best investment for your money? For all it’s worth, you invest in all the different investment instruments known in the market. It ranges from conventional fixed deposit accounts to unit trusts, REITS and shares, to more recent tech-led investments such as robo-advisory and bitcoins. In fact, investors from all over the world are in pursuit of that investment which can give them a handsome and guaranteed return. Now, that’s a dream venture that most people are looking for, hence all the pump and dump schemes you see on the news. After[…]

A couple of months ago, someone asked this question on one of the Personal Finance groups on social media, “Do you need money to be good with money?” And it made me think… Do I really need money to be good with money? Or should it be the other way round? Is it because I have no money, therefore I should learn to be good with money? Could it be, because I have money and therefore I know how make even more money? Or maybe because I don’t have money, and therefore I am bad with money. OR is this[…]

I grew up in a middle-class income family. Money was certainly not something my mother would coin as easy. If there’s anything I remember about money as a child, it would be her favourite phrase – “You think money grow on trees ah??” in a typical Asian mum fashion. With two working parents, we had enough growing up. It wasn’t luxurious, but we weren’t entirely deprived either. There were enough to eat, we had a decent roof over our heads and the privilege of going to school. There were occasions where my parents gave in when I relentlessly wanted something,[…]

How can you relate a soccer analogy with investments? Easy. You can relate it for your asset allocation.  Successful asset allocation accounts up to 91% of a person’s financial success. What is asset allocation? It’s basically how you put your asset strategically into the different asset classes. This way you can optimize your return and minimize your risk. Using the Soccer Analogy, we’ve broken down the best way for you to allocate your assets. Whether you’re a retail or enlightened investor, you definitely need to check this out! Retail Investor As a retail investor, your Goalkeeper is your insurance or[…]

Finally ready to start investing in Singapore? Congratulations! That’s great news because if you’re seriously considering investing that means you’re also serious about achieving your financial freedom. We couldn’t be more ecstatic and happier for you! But at last, where should you start? Your first step to investments is opening up a brokerage account in Singapore. This process is fairly easy and nothing you should be intimidated about but we understand why it can be intimidating. Therefore, we’re here to guide you. Without further ado, let’s begin!  CPD Account There are basically two accounts that you need before you can[…]

Someone’s sitting in the shade today because someone planted a tree a long time ago Warren Buffet Perhaps, this quote from Warren Buffet has finally convinced you to start investing. At this point, you are aware that saving money alone will never get you far enough, at least, not without doing some investments on the side. You understand that wealth is a combination of effort, patience, and strategy, and you want to get a head start. Good for you! Your initiative now means financial freedom later! What’s left is simply preparing you for your first time investing.  Getting started on[…]

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