Wallet Philosophy

20/02/2022

You might notice that your other half spends more than you. You might also judge their purchases as frivolous, labelling them as ‘spendthrift’. Before you jump to conclusions, here’s some interesting research about and spending habits you might want to know. Read our blog to find out more!

If you think your other half is a spendthrift: here are 3 ways to have the convo. You might notice that your other half spends more than you. You might also judge their purchases as frivolous, labelling them as ‘spendthrift’. Before you jump to conclusions, here’s some interesting research abo...

17/02/2022

As the world watched on with bated breath over Russia at Ukraine’s borders, the market these weeks also showed nervous movement. The main action is and acquisitions amongst the big corporations. Read more on our weekly blog!

As the world watched on with bated breath over Russia at Ukraine’s borders, the market these weeks also showed nervous movement. The main action is mergers and acquisitions amongst the big corporations. To wrap Global mergers and acquisitions (M&A) activity hit a record high last year, especially ...

15/02/2022

If you've heard of equities to add to your portfolio, you might be curious to find out more. ESG investing increased to $30 trillion in 2018, and there are estimates that it could reach $50 trillion over the next two decades. Check out more in the blog post below:

In our article today, we’ll explore this not-so-new trend of purchasing equities based on a company’s environmental, social and governance (ESG) factors. Also known as sustainable investing, the ESG investment theme was a hot topic even before the virus crisis hit. Also known as sustainable inve...

12/02/2022

in our Saturday blogs, we tackle close to our hearts. Leave a comment if you have a topic that you want us to explore. Also, will you mind if your other half makes more than you? Comment below and let us know what you think!

It’s 2022, and there shouldn’t be a traditional mindset that the man must make more money than the woman in a straight relationship. But still, the stereotype has some basis since the gender wage gap worldwide is relatively wide(even in Singapore). Unfortunately, many companies still reward men ...

09/02/2022

Cryptocurrency is not new. News reports say that has surged to nearly $2.5 trillion in total value, almost the size of G7 economies like Canada’s and Italy’s, with more than 200 million users. Firms that cater to the world’s wealthiest families are increasingly allocating some of their fortunes to crypto.

For more info about crypto, read our blog post or DM us to find out more about how you can allocate your portfolio for such investments.

TLDR: Crypto is a digital currency. The way investors trade cryptocurrencies is very similar to traditional stocks. We recommend you consult a finance professional like us before making significant reallocations of your portfolio. Cryptocurrency is not new. News reports say that crypto has surged to...

05/02/2022

We don’t usually talk about insurance doesn’t meant it isn’t important.

Many clients prefer to invest the cost of having insurance to have a greater returns. While that principle has some truth to it, having a mishaps may undo years of hard work and discipline.

If planned correctly, insurance can help to turn the tables and accelerate towards your goals.

Let’s paint an example, James has a target retirement goal of 300k (1.2k of passive income per month). His investments aside, he also bought accident and critical illness insurance of sum assured 300k.

Should any of the mishaps happen, he is able to immediately retire.

Of course, we do not wish any form of misfortune to happen to anyone. The best way to reach your goals is still disciplined investing. No amount of money is worth the pain and suffering.

DM us your situation, goals and challenges. We’ll see if we can help!

05/02/2022

Hey everyone, so stocks reported their earnings this week. Netflix shared better than expected results, but its share price dropped 10% after a bleak forecast. It's been a lot of discussion so to be in the know, check out our weekly financial briefs:

Happy Lunar New Year, and enjoy this short break to relook your portfolio! We bring you a round-up of what happened in the market thanks to Finimize! If you are new to investing and need more information on understanding the market’s performance, read our blog article here first! To wrap: Tech sto...

04/02/2022

When it comes to risk, some would say allocate your age as a percentage to bonds. If you are 40, 40% should go into bonds while 60% goes into equities.

That’s just the tip of the iceberg. Ultimately it really depends on your situation. If you are still a bachelor in your sixties with a sizeable asset, potentially you are still able to stomach more risk as compare to a someone in their forties who is also a sole breadwinner.

Financial planning, especially investment is as much science as much as art.

Just like a doctor, we’ll usually ask questions that may seem irrelevant such as lifestyle and goals before coming up a solution.

DM us for a non-obligatory review!

03/02/2022

Education is one of the most expensive ticket items out there. Yet again, it is one of the top priorities of every parents, sometimes jeopardizing their own retirement.

That’s why planning is paramount, in order not to compromise personal goals for the sake of your children’s education.

One way is to invest and earn returns as compared to borrow and paying interest on debt.

Speak today us today to find out more!

02/02/2022

As ironic as it is, we don’t believe that money is everything. Money is only a tool to achieve our needs and desires.

02/02/2022

Gong Xi Fa Cai to all who are celebrating the Lunar New Year! Have you seen 's latest Zodiac exhibition in the ? No? Well...The Metaverse is the talk of the town and we've got the information prepared for you! Read this before your next gathering to be in the know!

https://walletphilosophy.com/2022/02/01/curious-about-the-metaverse-here-are-3-ways-you-can-start-investing-in-the-new-digital-frontier/

DM us if you want to know more about investing in this hot new digital space!

If you’re reading this article, you probably already know about the much-talked-about Metaverse. It’s the one where Paris Hilton held a digital party on a virtual island last year and you can head to her virtual home to raid her wardrobe. If it sounds like a much more interactive version of Anim...

01/02/2022

Much have been said about 4% rule.

While 4% rule is a conservative estimate, it based on spending annual growth but we don’t see it as a sustainable investment.

3 reasons below.

1) Inflation.
This is not accounted for. If you are expecting your investments to make 4% and inflation is 2%, every year you will still be losing money. Perhaps not in terms of capital but purchasing value.

2) Not every year will give you 4%. Depending on the instruments, conservative returns it can be 3% this year and 5% this year. If you have invested a million, will you be okay drawing 50k this year and 30k the next?

3) Not dreaming big enough. Having a 4% expected returns means probably a significant allocation on bonds. While they are considered lower risk instruments, consider this fact. If a company collapses, what are the chances that investors are able to get back their capital? If you are invested in equities instead, the upside is potentially unlimited.