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Financial Planning for Millennial

1 week ago JCprojectfreedom 0
Researchers use the early 1980 as starting birth years to early 2000s as ending birth years to define as millennial. The millennial is facing the fourth industrial revolution where we need to embrace artificial intelligence, IoT, fusion of technologies, robotics and 3D printing. A recent research by OCBC bank states that in Singapore 42% of Read More

Why I choose Financial Advisory Business

3 months ago JCprojectfreedom 0
Start of Financial Advisory Business This article is not meant for self promotion. I just want to share this article so that maybe years later when I look back I will understand why I am in the financial planning industry. I cannot share what was discussed during the meeting. This is the first meeting which Read More

Investment Link Policy

4 months ago JCprojectfreedom 1
I remember after graduation, I supported my university friend who joined Prudential to buy my first policy. I believe (in the best of people) that at that time he does not have sufficient financial knowledge to understand the potential pitfalls in some of the policies and that’s the reason why he sold me those policies, Read More

Retirement Money Draw Down

4 months ago JCprojectfreedom 1
Retirees will face different types of risk during retirement when they are drawing down their retirement fund. 1. Longevity Risk – Risk of running out of money 2. Inflation Risk – Risk of decreasing purchasing power3. Market Risk – Risk of no access to money during market downturn4. Withdrawal Risk – Risk of overspending With Read More

Things I Learn From Meeting Friends

4 months ago JCprojectfreedom 0
I always learn new things from meeting friends when we share about our work and life. They help me to understand what is important to their lives, their financial situations and what motivates them. The first meeting is with an industry friend. He works as an offshore shipbroker, he is paid SGD 12k per month Read More

A Mid-year Personal Finance Review

6 months ago JCprojectfreedom 0
We will usually do a medical health check up once a year to see how’s our body coping. Applying the same health check up concept to your financial health, it is imperative to do a regular Financial Check up to see whether we are on track to achieve our financial goals. It is already 1st Read More