Personal finance

Understanding the Definition of Assets for Everyday Investors

If you Google the definition of Asset, the definition from Wikipedia will be as follows, “In financial accounting, an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value…

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Why I Will Not Buy Investment-Linked Policies (ILPs)

The reason why I will not buy an Investment-Linked Policy (ILP) insurance is simple. Investment is not Insurance and Insurance is not Investment. ILPs are too expensive, gives too little coverage, provides too little investment returns and encourages excessive risk taking. What are ILPs? ILPs are insurance products that provides you insurance coverage and investment…

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Life Insurance: Comparing Whole Life and Term Life Plans

Previously, we uploaded a Personal Finance Evaluator to help readers understand their current financial situations. One specific part of our evaluator that we paid more attention to is insurance as insurance is a financial instrument. The question comes up often, whole life plan or term life plan? The reason why we narrowed in on insurance…

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A Tale of Lost Money and Dispute: Scam or Not?

Recently a friend sent me a link. The link is from a forum in which a guy was ranting about how a girl actually made him lose money. All throughout the forum, readers were commenting that he was scammed, how he fell for her beauty tricks and so on. And obviously, the lady had her…

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Best Dividend Stocks for Passive Income in Singapore 2018

Are you looking for the best dividend stocks? We all know that dividends is a great form of passive income in Singapore? Is it possible to have a high dividend yield and be a strong company at the same time? Having a group strong companies with high dividend yield can efficiently generate passive income for retail investors.   …

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How to Buy Stocks in Singapore to Generate Passive Income

Wondering how to buy stocks in Singapore and create passive income? From television dramas and movies, I have gotten used to the images of shouting at a broker when you want to buy or sell stocks. The image usually involves shouts of elation or cries of despair. 😆😆😆BUY!! BUY!!! BUY!!!😆😆😆 http://18.138.137.74/wp-content/uploads/2018/08/窃听风云-How-to-invest-in-Singapore.-Passive-Income-Singapore.mp4 😢😭😢 SELL!!! SELL!!! SELL!!! 😭😢😭…

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