The 7 Deadly Sins of Investing

There are a few investing errors that many people make — mistakes that are detrimental to their overall investment strategies. Here are the Deadly Sins of Investing that you should avoid… Not taking your goals into account Make sure that the investments in your account and their risk levels reflect what you are trying to…

What Is A “Deductible” or “Excess”?

A deductible or excess is something you have on your policy when you have either, Hospital & Surgical coverage or Motor coverage. And its a dollar amount – it could be $500, $1000 or $3,000. Quite simply put, the deductible is what you are responsible for, before the insurance company pays out anything on your…

Why We Shouldn’t be Bothered with Fear-Mongers

There is much fear–mongering in the different media which we are exposed to everyday. Take a look at the money section of any website, newspaper or magazine and you will find stories warning you about the Chinese economy, the Federal Reserve’s interest rate policies, the impact of the U.S. presidential election, global oil markets and…

4 Simple Ways to Invest for The Long Term

Most people do not want investing to take up too much of their time and effort. This is due to us having many other things in life to focus on, such as our careers, families, housing etc. And so, trading, timing the market and stock picking is not suitable for 90% of retail investors. So…

3 Mistakes in Retirement Planning

It is common for young working adults to delay saving for retirement as they feel that they still have a long time before this stage in life. Suppose you are 25 years old now and intend to retire at age 65. Given the average life expectancy of Singaporeans of 85 years old, you would have…