Double whammy on retirement plans: No dividends distributed and capital loss on paper

I thought it would be interesting to revisit an actual investment case example that was published in February 2017 and critic on whether it would work today. Everyone loves an inspirational story, will the following work or kill your retirement plans for you today? This article appeared in the Hong Kong Economic Journal on Feb.Continue reading “Double whammy on retirement plans: No dividends distributed and capital loss on paper”

CPF Balances Update – June 2020

It is the end of June with all mandatory contributions in for the month. OA to SA transfer for the month of June is also completed. SA balance currently stands at $107,057.49, slightly more than half of 2020 FRS or 59.1% of the journey. In the current climate, it is better to have more cashContinue reading “CPF Balances Update – June 2020”

CPF Balances Update – March 2020

It is the end of March with all mandatory contributions and cash top up in for the month. OA to SA transfer for the month of March is also completed. SA balance currently stands at $103,063.50, slightly more than half of 2020 FRS or 56.9% of the journey. Basic Healthcare Sum of $60,000 was metContinue reading “CPF Balances Update – March 2020”

Life and personal finance in their Essence

Life, indeed, is short. 83.2 years — this is how long the average Singaporean expect to be on Earth, for year 2018. 83.2 years to leave a legacy, 65 years till retirement, 20 years to reach early adulthood, 12 years to end off the fun of a childhood. We don’t actually realise how short lifeContinue reading “Life and personal finance in their Essence”