Inflation can only be beaten by Investing

Cash, savings account, government bonds and low interest-bearing time deposit account are not exactly good storage of value. In fact, these instruments are a sure way of losing your monetary or purchasing power over time. Inflation in essence is the cause — pure economists will relate it to the interaction of demand and supply factorsContinue reading “Inflation can only be beaten by Investing”

A call to kick-start your CPF retirement planning early

The average life expectancy for Singaporeans is 83.2 years, for year 2018. Singaporean males have to perform national services duties for 2 years, and if we were to include university studies, the average age of beginning work in society is 25 years of age. I would have mentioned earlier in my article, Investing from Age Zero,Continue reading “A call to kick-start your CPF retirement planning early”

Maximising your family members CPF contribution

Within the family, you don’t actually need to be very savvy with financial-related or investment-related matters to be constantly bombarded with queries. You just need to have that delta, above and beyond which you automatically become the guru in the family. I was just kidding. Jokes aside, I really enjoy looking at statements and seeContinue reading “Maximising your family members CPF contribution”

Leveraging 5% interest on first $60,000 of combined CPF SMRA monies

I must admit that I like certain aspects of our provident fund and I enjoy “hacking” it; what I really mean leveraging on its benefits. The movement to do cash top up and let power of compounding your child’s SA from young is gaining popularity in recent times. Some parents are doing it as a formContinue reading “Leveraging 5% interest on first $60,000 of combined CPF SMRA monies”

Why Investing early matters

I love the Eighth wonder of the world. I adore the power of compounding interest. And as I understood it better, I started to save more of my income so that I could spend more on investment products and grow my wealth further. In mid-2019, I stopped the miles chase. By the miles chase, IContinue reading “Why Investing early matters”