Monthly Archives: October 2012

Regular Savings Plan – SPDR Straits Times Index ETF

On 2 October, I reported the annual results of SPDR Straits Times Index ETF (“STI ETF”). This exchange-traded fund invested in 30 FTSE Straits Times Index (STI) component stocks at varying percentages of total net assets. Here is an idea. … Continue reading

Posted in Financial Management | Leave a comment

Investment-linked Insurance Policy – AIA

Investment-linked insurance policy (ILP) was a big thing before the Global Financial crisis of 2008/09. Insurance premium paid goes toward paying for investment products such as unit trusts. The policy includes a life insurance portion and an investment portion. The … Continue reading

Posted in Financial Management | Tagged , , ,

Life Insurance – How much to insure?

I read an article in the Business Times (27-28 October 2012) written by Graham Morrall, CEO Zurich Life Singapore, titled “Banking on life insurance”. In the article it was mentioned that an average working adult would need almost 10 times … Continue reading

Posted in Financial Management, Retirement Planning | Leave a comment

Experience with Relationship Managers

Today’s Straits Times carries an article on Private Banking – “Private banks mull switch to advisory fee” (dated 25 October 2012). It also happened that I met up with my new Relationship Manager of a local bank yesterday and hence … Continue reading

Posted in Financial Management | Tagged | 1 Comment

Third quarter 2012 financial results (Part 1)

Companies had started reporting their financial results for the quarter covering 1 July to 30 September 2012 (Third Quarter 2012). The following table provides information on net profit attributable to shareholders and year-on-year change between current period in 2012 against … Continue reading

Posted in Financial Management | Tagged , , , , | Leave a comment

Gross National Happiness Index

Gross Domestic Product (GDP) measures a country’s economic performance in dollar term. A wealthy nation does not equate to happy population. Stress level and depression affliction affect rich nation. Look at the number of psychiatrists in the richest nation on … Continue reading

Posted in Social Issues

How to reduce tax liability on SRS?

Aarron Low wrote in the Sunday Times an article on Supplementary Retirement Scheme (SRS) dated 14 October 2012. This scheme is meant to encourage private savings for retirement. This supplements the compulsory Central Provident Fund (CPF). To encourage take-up of … Continue reading

Posted in Financial Management, Retirement Planning | Leave a comment

Experience in buying investment property

The government is putting in measures to cool the property market. The latest measure is to prevent someone from over-extending his ability to pay up mortgage loans. All home loans are now capped at 35 years. Even at 35 years, … Continue reading

Posted in Financial Management | Leave a comment

Befriending at Bright Vision Hospital

It’s been more than a month I left full-time employment. I am still busy and occupied with activities. One obvious difference is that I can consider activities that was once set aside because of limited time outside salary-paying work. I … Continue reading

Posted in Life Journey | Leave a comment

Singapore Press Holdings Annual Results 2012

Singapore Press Holdings (SPH) reported its full year results for the year ended 31 August 2012 (FY 2012) recently. This report covered the period from 1 September 2011 to end 31 August 2012. SPH continued to under-perform this financial year … Continue reading

Posted in Financial Management | Leave a comment