What is ElderShield? ElderShield is a severe disability insurance scheme that provides monthly cash payout of $300 or $400 up to a maximum period of 5 or 6 years. CPF members with a Medisave account will be automatically enrolled into the scheme once they reach 40 years old unless they opt-out. In order to make […]
Personal Financial Planning is the process of evaluating and improvement of one’s financial situation, through the studying of economic factors and individual choices. It is essential to know how to save, spend, invest, and control your finances, in order to achieve financial and life goals. The reward of sound money management is an improvement in […]
Life Cycle Investing is the process of adjusting the investment portfolio to suit the changes in one’s life objectives as they pass through different life phases. Life Cycle investing generally advocates the concept of reducing risk and emphasizing income as one ages. The 4 Life Cycle phases are: Accumulation – Age 20s to early 30s […]
One of the major challenges faced by Singapore, is having an Ageing Population. The Singapore Department of Statistics has been tracking the old-age support ratio. It relates to the number of people who are capable of providing economic support to the number of older people who may be dependent on others’ support. It is computed […]
The efficiency of capital markets is a topic often debated in the field of investment research. In financial economics, the Efficient Market Hypothesis (EMH) is a hypothesis that states that security prices adjust rapidly and in an unbiased manner to new information. According to the EMH, stocks always trade at their fair value on exchanges, […]
Have you ever made any big ticket purchases before (eg. cars, property, etc)? Before you spent your money, did you ever considered leasing (or renting) instead of buying? Leasing is often considered because it is cheaper in the short run, if an individual cannot afford to buy the car or home. Another reason is the […]
REIT is a popular choice for investors because it can be used for long-term investment, as well as short-term trading. REIT FOR LONG-TERM INVESTING The reason why REIT is suitable for long-term investment is because by law, 90% of the net income from a REIT must be re-distributed back to shareholders as dividends. A REIT […]
If you own a HDB flat, you can consider the Lease Buyback Scheme (LBS) as part of your retirement plan. What is the Lease Buyback Scheme? Lease Buyback Scheme is a government scheme which gives elderly Singaporean households the option to monetise their flats to receive a stream of income in their retirement years, while continuing […]
Many Singaporeans have heard of CPF LIFE, but don’t quite understand what it is. Today we will break it down and give you some tips on how to decide which is best CPF LIFE Plan for you. What is CPF LIFE? The CPF Lifelong Income For The Elderly (CPF LIFE) Scheme is a life annuity […]
What exactly is SRS? The Supplementary Retirement Scheme (SRS) was introduced by the Singapore government in 2001 to help Singaporeans save more for their old age. If you are contributing to SRS. you’re probably know it’s a great tool for tax deferment and tax reduction. However are you aware that your SRS contributions can also […]