by skyfp | Feb 21, 2016 | Articles
The purpose of insurance is to transfer risk of contingency event to the insurer. For whole life insurance, a portion of the premium is used to invest, thus accumulating cash value. It is more of a regular savings as the company assumes the investment risks. Term...
by skyfp | Feb 19, 2016 | Articles
This year’s TOTO Hongbao draw has raised quite a lot of interest with a largest ever top prize at $13.9 million. This amount of windfall will provide anyone with a retirement if he/she choose so. Investing the windfall, and assuming a 4% max annual withdrawal...
by skyfp | Feb 16, 2016 | Articles
These are some of the typical reasons that I heard for not investing, which I believe should not be an obstacle. “I don’t know how.” With the abundant resources online, this is not a valid reason. Investing is like a life skills that is not taught in...
by skyfp | Feb 15, 2016 | Articles
Doing investments is a good step towards financial freedom. While it is ideal to be involved in equities for a potentially higher returns, being vested 100% in equities is a risky move. When you require cash flow, you may be caught in the bear market, and you may be...
by skyfp | Feb 4, 2016 | Articles
It’s a matter of who pays. The price that your loved ones pay may far exceed the fixed amount for your insurance. How about the intangibles? Think about it. Find a financial planner to craft a safety net for you and your...
by skyfp | Jan 17, 2016 | Articles
Here are some short and simple tips for saving for your future self, Start a saving habits by setting aside at least 10% of your salary. Principle of paying yourself first. When you receive your monthly salary, you can transfer a fixed amount to a separate bank...
