Invest & Prosper 2017

Invest and Prosper 2017 

by

ShareInvestors

Join us and listen from industry experts on their take about the investment environment for year 2017!
The panel of speakers includes:
Terence Tan - Chief Investment Strategist of Giants Learning Technologies
Song Seng Wun - Director/Economist of CIMB Private Banking
Geoff Howie - Market Strategist of Singapore Exchange
Kelvin Wong - Chief Technical Strategist of Asia City Index

Event Details:
Date: 5th November 2016
Location: SPH News Centre Auditorium
Time: 9.30AM - 5.00PM (Registration starts at 9.00AM)
Price: $8 (enjoy $2 off when you sign up with the promocode 'investmentstab'. U.P. $10)
Bento lunch is provided for the event!

Click HERE to sign up for the event!

Hurry now! Limited seats only!

We're got 5 FREE TICKETS for our readers!
Check out our Facebook Page for the instructions on winning these tickets!
But rather than rely on luck, why now sign up for the event now!

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What to Invest Going into 2017?

As we come near to the end of 2016, we should start questioning our investment strategy for next year. Some of the questions you should be thinking about are below:

1) What to invest in ahead of the US election on November 8?
2) How to position my portfolio for the US election and post-US election?
3) What to invest in if Hillary Clinton wins?
4) What to invest in if Donald Trump wins?
5) What to invest in Singapore for the year 2017?

If any one of these questions is one of your concern, is it time for you to join the following seminar and listen to some of the financial industry's experts about their views for 2017!

Invest & Prosper 2017

Join us and listen from industry experts on their take about the investment environment for year 2017!
The panel of speakers includes:
Terence Tan - Chief Investment Strategist of Giants Learning Technologies
Song Seng Wun - Director/Economist of CIMB Private Banking
Geoff Howie - Market Strategist of Singapore Exchange
Kelvin Wong - Chief Technical Strategist of Asia City Index

Event Details:
Date: 5th November 2016
Location: SPH News Centre Auditorium
Time: 9.30AM - 5.00PM (Registration starts at 9.00AM)
Price: $8 (enjoy $2 off when you sign up with the promocode 'investmentstab'. U.P. $10)
Bento lunch is provided for the event!

Click HERE to sign up for the event!

Hurry now! Limited seats only!

We've got 5 FREE TICKETS for our readers!
Check out our Facebook Page for the instructions on winning these tickets!
But rather than rely on luck, why now sign up for the event now!

Read More

Are you Over-Insured by $46,000?!

Yup, you read it correctly - You might be over-insured by $46,000!
Most Singaporeans with CPF are automatically enrolled under the Dependents Protection Scheme (DPS).
Visit your CPF account online to check if you are currently over-insured by $46,000!
You can reduce your coverage if you are.

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The DPS is a Life Insurance + Terminal Illness Insurance + Total Disability Insurance.
It ensures you until you reach age 60.
The premiums are paid via your CPF account (Ordinary Account or Special Account).

Age (as of last birthday)	Yearly Premiums
34 years & below	$36
35 - 39	$48
40 - 44	$84
45 - 49	$144
50 - 54	$228
55 - 59	$260

By reducing your coverage by $46,000, you could potentially be saving between $75-$100 annually on your insurance premiums. That is actually a pretty significant sum you can use for other purposes like going out for a nice meal!

Singaporeans tend to face the issue of being over-insured or under-insured.
We hope that this article can help make you better insured!
For more information on DPS, click HERE to visit the official website!

Recommended Post: What are the Retirement Sums?

Remember to offer your opinions. If you don't put your two cents in, how can you expect to get change?

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What is the Correct Retirement Mentality?

There has been a retirement debate going on on Straits Times' Forum Page.
The thread was started by one of our writers.
The first article can be found HERE.

There were feedbacks from the general public.
We have attached the articles regarding the different views HERE.
We would like to post a reply to the 'Second Thread', where our writer's letter to Straits Times was not published.
We think these views are important, and we hope to share these views with our readers and get more people to discuss these issues!

Letter:
I would like to thank Mr Lawrence Koh (‘Retirement is both a privilege and an entitlement’, 7 September) and Mr. Paul Chan ('Don’t miss out on life’s best chapter’, 7 September) for their views on my previous letter (‘Retirement not an entitlement’, 3 September).

Both men agreed that retirement is an important aspect of our lives and we should not simply spend our whole life working without enjoying the fruits of our labour. I fully agree with that statement. I am not against retirement, neither am I for working forever. I am just against the idea of forcefully going into retirement because ‘I have reached my retirement age’.

Ideally, we should have sufficient savings or retirement income (investments or CPF) to tide us over the rest of our lives. If we really cannot afford to retire at age 62 (due to financial concern), do we still forcefully go into retirement because it is part and parcel of life and because ‘I have earned it by working 40 over years’?

My concern is the mindset that we might have, the concept that ‘I have worked all my life, I deserve to retire at this age (62). If I can’t make ends meet, I should get financial support from the government.’ This is a very toxic mindset because it is what that is causing governments from around the world to run into insolvency or potential insolvency.

Majority of the people fall into the category of a direct correlation between personal effort and monetary rewards. I am not against the minority of people who receive financial aid. But when a large percentage of people starts to receive such levels of financial aid, the question becomes: “is this a financial aid for the lower bracket or has this become a free-for-all package.” The last point is particularly important because free-for-all package is essentially what many democratic countries have done and subsequently bankrupt their countries’ coffers.

If we worked all our lives, we are sure to lose out on life’s best chapter. But if we fail to secure enough for our retirement, I do not think an inadequately funded retirement can make the best out of that phase either.

-End of Letter.

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Remember to offer your opinions. If you don't put your two cents in, how can you expect to get change?

Have feedback? Tell us now!
Subscribe to us or
Follow us: Investment Stab on Facebook

Read More