It is often said that the financial market is like a battlefield between David and Goliath, it is a war between the small-time retail investors (the “dumb money”) and the mighty institutional investors (the “smart money”). The retail investors did lose money most of the time because unlike David, they underestimate their opponents. Thanks to […]
SRS Investment and DBS New Account Opening Promotion 2019
You may have heard of the Supplementary Retirement Scheme (a.k.a. SRS). It is a deferred tax scheme to help you save more for your retirement and reduce your taxable income. It plays a complementary role to CPF Life for your retirement year. You can top up $15,300 if you are a Singaporean or PR and […]
Supplementary Retirement Scheme: All you need to know about SRS
Do you want to pay less income tax and save more for the future? If so, you should pay some attention to Supplementary Retirement Scheme (a.k.a. SRS). Unlike popular CPF retirement scheme, many people have not even heard of SRS. In this article, I will explain What is SRS and what are the benefits of SRS contribution How to make […]
How to Build a Low-Cost Income Investment Portfolio in Singapore with Little Capital
A low-cost income investment portfolio is crucial for retirement planning. Without a portfolio of income-generating assets for passive income, you will never achieve financial freedom. But there are some practical issues to consider. As an independent financial adviser, I spend a lot of time constructing portfolios which will make sense to local investors. Yes, there […]
Why should a foreigner invest in China A Shares and How
If you are a global investor, you can’t ignore China stock markets today, especially China A Shares. The irony is that when the US stock market made a 1% movement, it will be the headline news the next day in the Straits Times. But when China’s stock market made a 5.6% return in a single […]
How to Invest Your SRS Account: The Complete Guide
Supplementary Retirement Scheme (a.k.a. SRS) is not strange to most Singaporeans. It is a deferred tax scheme which helps you save for the future while reducing your tax expenses now. If you are mid to high-income earners, SRS is a great way to save tax in addition to CPF top-up tax relief. For example, if […]