We restarted our Bid And Ask interview series after a hiatus. Our first guest in this new season is none other than one of the co-founders of Dr Wealth, Louis Koay. He made a big decision to switch his career from oil and gas to the finance industry, giving up his advantage as a first … Read more
Singapore is one of the countries with the highest median death age or it simply means that Singaporeans live long lives. According to Worldbank, Singapore’s median death age was 65.7 years in 1960 (birth year) and has increased to 83.1 years in 2018 (birth year). That’s a compounded annual growth rate of 0.41%. Singstat has … Read more
I reached my financial independence at age 35. Career? No. I didn’t work hard in the office or climb the corporate ladder. Savings? No. I couldn’t be bothered to scrimp and save 50% -70% of my salary. I spent freely and foolishly. Investing? Not exactly. I wasn’t a genius investor. I have been investing since … Read more
Endowment plan, savings plan, retirement plan, investment plan, annuity plan… whatever you want to call it, the purpose of these plans is to grow your wealth. Some of them also come with protection value. These plans are usually structured in a complicated way, and although the benefit illustration should explain the benefits clearly, investors who … Read more
As I approach the big 30, I see more and more of my friends’ baby pictures on their social networking sites. Some of them are expecting their first child while others are already at number two or three. They may be worried about the expenses after having a new born baby, but at the same … Read more