Author: SG Money Matters

Investing for Retirement: Why Buying Stocks During a Financial Crisis is a Bad Idea

If you want to build a portfolio and invest for retirement, should you buy more stocks during a financial crisis? To many novice and professional investors alike, it sounds like a good idea. After all, stocks always go up higher in the long term, right? So buying stocks at a hugely discounted price seems to make total sense. But in practice, it is not so straightforward. I will explain to you why. #1. You will miss the boat most of the time 2020 started the year with some interesting notes. With the deteriorating global economic data and increasing middle...

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MediShield Life Claim Limits for Surgical Procedures Changes from 1 January 2020

On 27 December 2019, the Ministry of Health Singapore announced changes to MediShield Life claim limits for surgical procedures, which will take effect from 1 January 2020. The following table shows the revised MediShield Life structure and claim limits for surgical procedures. The post MediShield Life Claim Limits for Surgical Procedures Changes from 1 January 2020 appeared first on...

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CPF Interest Rate: Is it Really Guaranteed?

When it comes to retirement planning, you cannot ignore the Central Provident Fund (CPF). CPF is the default retirement solution for every Singaporean. Most people have some vague ideas about the system, but few people bother to dive deeper. A lot of people feel that since they have no authority over it, why bother? As a result, myths about the CPF are easily formed and circulated. How does the CPF board invest your money? How much interest do you receive for your CPF savings? Is the interest rate really guaranteed? These are commonly misunderstood topics. In this article, I...

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How to Build a Low-Cost Income Investment Portfolio in Singapore

A low-cost income investment portfolio is crucial for retirement planning. Without a portfolio of income-generating assets for passive income, you will never achieve financial freedom. But there are some practical issues to consider. As an independent financial adviser, I spend a lot of time constructing portfolios which will make sense to local investors. Yes, there are a lot of financial products and portfolio theories. But the strategies that most people talk about are based on the assumption of America investors. In reality, they often don’t work well for an Asian investor. In fact,  the value and financial systems are...

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Discounted Online Broker Charles Schwab Singapore is closing

Recently, Charles Schwab has decided to leave Singapore for good. Over the next few months, Charles Schwab Singapore will cease to provide services and will close its office in Singapore. Here is what you need to do. Your Next Steps As soon as possible, you should transfer your assets held at Charles Schwab Singapore to another financial services firm. Alternatively, you may close or sell your positions held at Charles Schwab Singapore and make a full cash withdrawal.  Important Dates Today: You should promptly begin the process of selecting a new provider and take the appropriate steps outlined below. As of U.S. market close on 1st November...

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Endowment Plan: NTUC Capital Plus New Tranche Offers 2.3% Guaranteed Yield (CSN2)

NTUC Capital Plus is a very popular short-term savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN2 with a 2.3% yield. 3-year single premium endowment plan Non-participating – meaning no bonus, all returns are guaranteed. Guaranteed maturity yield of 2.30% per annum This plan is available via This tranche offers higher return comparing to the previous tranche which offers 2.18% maturity yield. At the end of the policy term, the policy will pay the guaranteed maturity benefit. This plan provides protection against death, and total and permanent disability (TPD before...

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REITs to Riches – How to learn about REITs investing

Many people bought Real Estate Investment Trusts as a safe haven with a stable income. But professionals know REIT is just like any other instruments, you should invest for total return (both capital gain and dividend income). Since I published the article warning investors that REITs was overvalued, I received a lot of queries about how they should deal with their REITs holdings. Singapore REITs will face a choppy storm ahead and even OCBC analyst spoke the REITs can no longer be seen as a “safe asset” if the leverage limit is increased. What should you do about your...

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Reit Investing for Retirement: How to Avoid Massive Loss

Despite the seemingly endless US-China trade war, the market prices of REITs have increased sharply since the beginning of the year. If you have substantial holdings of Real Estate Investment Trusts, you need to be careful. This may sound counter-intuitive, but if you are investing in REIT as an Income Generating Asset for retirement income, you don’t want your share price to go up too fast. Here are several reasons why: Your capital outlay needed to generate the same level of passive income will be much higher. The volatility of your investment portfolio will increase and thus reduce your...

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Astrea V Private Equity Bond: Why I am not thrilled about it

The latest buzz in Singapore’s financial market is the launch of Astrea V PE Bond, a retail private equity bond by a Temasek unit. If you have not heard about it, you do not have much to lose. But if you are contemplating to subscribe to it, you should continue to read. Just google “Astrea V Bond”, you can see that it has already been discussed by many financial bloggers. Many expressed their enthusiasm for the new launch. You can take a look at the short video clip to have a grasp of it. [embedded content] There was a...

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2.25% Guaranteed Interest for Aviva’s 3-year Single Premium Endowment Plan (Eligible for SRS)

The single premium endowment plan has gained popularity over the recent years. With the successful launch of NTUC Income’s Capital Plus and China Taiping’s i-Save, Aviva decides to jump on the bandwagon by offering a similar three-year endowment plan called MySecureSaver. The plan offers a 2.25% Guaranteed Interest per year for 3 years, which is higher than banks’ fixed deposit rates and Singapore Savings Bond (SSB)‘s interest. What is MySecureSaver? Aviva’s MySecureSaver is a single premium, non-participating savings plan. It means all returns are guaranteed. The plan offers: Guaranteed maturity yield – 2.25% over 3 years. Capital guarantee – from...

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Three Investment Principles you Need in Order to Invest Amidst the US-China Trade War

To most people, the US-China Trade War is a disaster. If you believe in the mainstream media, the trade war is a lose-lose situation. Stock market crashes, economic downturns and next financial crises are going to erode your wealth. But for a smart investor, it is a golden opportunity. Volatility shakes off weak hands and leaves money on the table for you to take. I have written a few articles about how to invest during the US-China Trade War. You can check them out here. This is a bigger topic and it has more impact on us as an...

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Universal Life Insurance: How it fits into your legacy planning and retirement planning

Universal life insurance is one of the best solutions for legacy planning and retirement planning, It provides guaranteed returns and liquidity in a volatile time like now. But universal life insurance is a complexed and highly customizable product too. That is why it is often poorly advised, if not mis-sold. As a licensed independent adviser,  I helped clients compare and analyse universal life insurance solutions. In this article, I will share with you: How does universal life insurance work? How does it help ensure your assets well preserved and well managed? What are the common pitfalls of buying universal...

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