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Sharing financial news and economical updates for people who are investing and interested in growing their wealth.

All information provided is opinionated, do check with your personal professional financial advisors before making any investment.

25/05/2021

Depending on your risk appetite and time horizon, here are some funds you could look into and potentially build an investment portfolio

Let me know what do you guys think!

23/05/2021

With Covid-19 variant spreading and the stock market’s volatility, Is trading really buying low & selling high?

Comment on what you think about trading

23/07/2020

Book review on Budgeting.

Comment below let us know what are you ultimate financial goal!

12/07/2020

According to a survey commissioned by Standard Chartered, 43% of affluent Singaporeans looking to retire feel they are on track financially to achieve their desired retirement lifestyle.

If you think you're not ready, would like to achieve this with you. Here's some tips on how you can achieve financial freedom by 65!

03/07/2020

The changes in critical illness definition is here to stay!

Have you reviewed your policies?
If not we are always here to help! 🙂

15/06/2020

Thank you guys for attending our webinar once again!

Here is a group photo of us!!! 😊

P/S: due to space constraint but I hope this is everyone and we didn’t miss out any.

11/06/2020

Hello people!
Our 2nd webinar is on this Saturday!
Let us know if you wanna come!

25/05/2020

Our very first private webinar event over the weekend!

Thanks for the support from the people who attended it, hope you guys had some takeaways from it!

We will review the feedback form tomorrow and stay tuned for another webinar? :)

19/05/2020

Hope all is coping well with the current Covid-19 situation!

We are happy to announce that we will be having our first ever webinar this coming Saturday!

Those who are interested comment “invest” and we will send you the link latest by Saturday Noon!

Hope to see you guys there!

18/04/2020

Have you been speculating the oil prices? Is this an opportunity?

The OPEC and allies have agreed to cut oil barrels to 9.7 million per day!

FunFact 1: Do you know that this is even larger than the global financial crisis?

By cutting the production will only solve one part of the problem, which is slightly moving the oil prices up. As there is still lacking of the demand oil. The current covid-19 situation, there are lock down happening, fewer people is required to drive or travel for business trip and there are lack of travellers flying countries to countries. This will result is oil usage to go lower.

Since there are lesser usage of oil, prices of the oil dropped, there are dozens of small independent oil producers is close to bankruptcy. When the oil prices is low, several oil producing company spend more money extracting than selling them out. Thus they are suffering which resulted in some company to rapidly decommissioning rigs and fracking equipment and laying off thousands of workers. In this situation, we are able to see that 14 countries are coming together to balance the supply and demand of oil to push the price up.

FunFact 2: Singapore very own oil trade Hin Leong has been impacted by the oil prices as some banks wouldn't issue new letters of credit to the trader.

What are some thoughts do you have about oil prices? Do leave them in the comment section below!

PS: The above information provided is opinionated please seek advice from a licensed financial advisor before acting on any information. Thank you.

12/04/2020

Good evening everyone, as everyone is very concerned about the current covid-19 situation.

The government have ensure that we do keep our safety distancing from one another. All events or mass gathering have been deferred, regardless of the size. They have now made it compulsory for citizens to wear a mask when going to the market otherwise they will be turned away. And even issued fines to people who flouted safe distancing measures!

The F&B outlet such as restaurants, coffee shop and food courts will continue to operate as per normal, but strictly for take-away and delivery. These measures are to minimise gatherings and even social interaction.

Fun fact:
Do you know that there is a chance of recurrence of getting coronavirus again?

Experts believe that believe that getting the virus once, does not give you immunity.

According to Li QinGyuan, the director of pneumonia prevention and treatment at China Japan Friendship Hospital in Beijing, the people that have been infected, develop a protective antibody. BUT it isn’t clear how long the protection last. There is a chance of relapsing.

So do take care of one another. Be sure to Monitor your health, see a doctor when you are unwell and observe good personal hygiene. Remember to wear a mask if you need to be out! Together let overcome this!

11/04/2020

Hope everyone is coping well during this period!

First week of the month, time flies as we have entered Q2 of 2020. The covid-19 situation has wiped out most economical gains. Looking at the brighter side, the world’s environment is recovering because there was lesser pollution due to controlled measures and lockdowns.

Looking at the initial jobless claims in US last week, their approach to tackle the current situation is different from Singapore because Singapore priorities jobs as the budgets given to us was largely used to save jobs.

Firstly, we will look at the PMIs numbers. As we know in Europe sectors they have implement shut down on March as the numbers of covid-19 cases has been rising. People stopped working and the Manufacturing PMI numbers of 43 to 48 dropped to between 40 to 42. Hence indicating that the Manufacturing businesses are taking losses for the whole of march. Looking at non-manufacturing sector, the declined is sharped from a range of 52 to 54, it has dropped to between 10 to 27 which is a significant drop, non-manufacturing sector we largely look at service line such as banking services, aviation sector as well as hotels are taking an even larger hit.

Next, the OPEC+ Meeting in April 9 came out to be a no deal. After the meeting, we have seen WTI (West Texas Intermediate) crude oil to have a drop from 27 to around 23 (estimation of 11% drop and Brent crude oil from a slight recovery of 34 to 31 (estimation of 4% drop). Will this continue on?
Looking at past trends, oil prices typically increases as market increase because there is a demand on the usage of oil, considering oil as an essential. At the moment, most sectors are not operating.

This week, we will do a little something different!

Tag 2 friends, comment below what do you think will WTI prices will be going up or heading down for the upcoming week? Deadline for answers will be on the coming Thursday! Winners will walk away with a gift that is worth up to $15,000 and will be announced on next Saturday in the comment below (up to 2 winners)! Stay tuned!

Good news for all Singaporean!! We currently having stricter measures to control our spread as number has been surging. The things that we can look forward to in this period of time is the $600 Solidarity Payment coming in on Tuesday!

In the midst of this current situation, feel free to ask us any questions with regards to investment, insurance and information that you are unsure! Do take some time to do self-improvement, making a 1% improvement each day, we will come out smarter and stronger after this virus situation subsides! Stay safe and stay sane!

PS: The above information provided is opinionated please seek advice from a licensed financial advisor before acting on any information. Thank you.

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