The COVID-19 pandemic has caused a pause in the economic activities which triggered one of the worst quarters of the financial market since 2008. Watch this video by Max Keeling, Head of Expat Advisory, for a quick overview of the markets.
There is a lot of uncertainty right now, with everything in a flux. The natural reaction for most is to sell first which is why we are getting the reaction we see in the market today. It is tempting to join the crowd out of fear, but we encourage you to read on to see…
In the previous episode, Christopher Tan, CEO of Providend, shared more on the distribution rules of intestate estates and the importance of having a proper will done. But before you make a Will, it is important to understand the assets you can give away in a Will, and those you cannot. Many of…
In 2008, the year of the Great Financial Crisis, I wrote an article in July that year, that was published on The Business Times and it went like this: It was Monday (yes, just 2 days ago) and I was really stressed. I am due for an article submission for this column, but I have…
Financial planning is about understanding the many investment decisions that we make and then bringing them together to fit in appropriately with the goals and responsibilities we have in mind. Such goals and responsibilities may frequently not just be financial. It is natural and tempting to only focus on investments as that seems to be…
In today’s climate of bargain-basement fund pricing and automated investment management tools, you may wonder whether you still need a living, breathing financial adviser. You do. But with a twist. Are you thinking about advice that’s focused on how to make a killing on hot buy/sell recommendations? If so, you are correct – you don’t…
At 3pm yesterday, 18th Feb 2020, Mr Heng Swee Keat, Deputy Prime Minister and Minister for Finance, delivered Singapore’s FY2020 Budget Statement in Parliament. Through the budget, Singaporeans can have a better idea on what the government sees, where are their key priorities and how they will allocate the government’s income. In this article, I…
Do you know that there are two ways to die in Singapore? One is to die testate –with a will and another is to die intestate – without a will. When you die without a will, your assets will be distributed via the Intestate Succession Act, which depends greatly on whether you are single or married and whether you have any children. One great misconception is that when a person dies without a will, the spouse will automatically inherit everything. This is not necessarily true. Watch this video as Christopher Tan, CEO of Providend, shares the distribution rules of intestate estates and the importance of having a proper will done.
Back in my secondary school days, I participated in a regional science exhibition where students from different schools came together to exhibit innovative ways of tackling daily chores such as removing hard stains and how to boil pasta in half the time. The exhibition was supposed to demonstrate the application of theory into practice and…
A year ago, at about this time, market watchers were generally pessimistic about 2019. Afterall, just a month ago on Christmas Eve of 2018, markets (represented by MSCI World Index) fell by 11.76% as fears of an impending trade war between China and US grew. We started 2020 with similar sentiments. Besides having the concern…
