Life is full of risk and insurance is an instrument to transfer the risk to the insurer. Honestly, insurance is something that most purchasers wish they do not need to claim. Why do we need insurance? Insurance will compensate us for our loss if the insured event occurs. Without insurance, we have to bear the …
After working for many years, it is finally time to retire. But do you have enough assets? Can you afford to retire? No one plans to be poor in retirement, but many do end up in poverty or could not stop working. What went wrong? They fail to plan. Retirement need The data from Employees …
First of all, Happy Chinese New Year! May the year of dragon brings lots of joy and prosperity to all of us. The topic today is about finding a legitimate financial planner. Financial planning is a regulated activity. Only those registered with the relevant authorities are allowed to carry on the service of financial planning. …
Market condition KLCI closed at 1,512.98, an increase of 4.01%. S&P500 closed at 4,845.15, increased by 1.58%. My view: A good start for the year Both markets continued their uptrend and KLCI finally broke through 1,500 level! Perhaps it is the time for our local market to shine. Foreign funds continued to flow into Bursa …
Nowadays, most people are saddled with debts. If you are one of those people who do not have debt, congratulations and this article is not for you. But if you are like the majority, this article on debt management might give you some thoughts on how to reduce your debt. Types of debt There are …
In education planning, we are concerned with the education of our kids. We focus primarily on tertiary education as this part of education is usually the most costly. Furthermore, primary and secondary education are available for free or at a minimal cost in Malaysia. Nonetheless, if you choose to send your child to private schools …
In this 2023 asset allocation article, I will share my year-end allocation in both Malaysia and foreign markets. Target asset allocation Malaysia My target allocation is 10% P2P lending and 90% stock. I am only considering equities, mutual funds and peer-to-peer (P2P) lending. Foreign My current target allocation is 20% in bonds, 74% in equity …
In this article, we will discuss on financial goals. How should we set financial goals? Are they just numbers? Should we just put in whatever numbers that we like? Financial goals As the name suggests, financial goals have to do with your finances, meaning dealing with money. There are specific formulae to calculate the numbers …
This article is the final part of my 2023 investment review. For my Malaysia investment review, you may refer to this article. For my foreign investment review, you may refer to this article. This review covers all my stocks, mutual funds, exchange traded funds (ETFs) and trust in Malaysia and US. As I am based …
This article is the continuation of my 2023 investment review. For my Malaysia investment review, you may refer to this article. This 2023 foreign investment review covers my exchange traded funds (ETFs) and a trust in the US market. I will show the gain or loss (including dividends) for each ETF. In the end, I …
