Ethan Teh ~ witty Financial Planner
Live Your Life, Leave Your Legacy ~
As promised in my previous post, I will share 2 simple methods (Effective Rate, and Internal Rate of Return) that we can use to determine the return of an investment. It can be performed by almost everyone and it is a free application for smart phone ~ (EZ) Financial Calculators.
Continue reading “Which One Gives Better Return?”Monetary Policy Committee of Bank Negara Malaysia’s reduced Overnight Policy Rate (OPR) by 50 basis points to 2.00% after meeting on 5th May 2020. (click here for BNM press release) With this announcement, interest rates for both borrowings and savings will be adjusted accordingly. For those of you with Fixed Deposit Savings may start to feel that it may not be viable to continue placing FDs with bank. So, what should you do?
Worry Not! You can expect a lot of advertisements and posts about investment opportunities everyday. You may have received calls from someone, you know or do not know, who offered you with investment schemes. Some may even offer you new career opportunities.
Continue reading “Where to put My Money?”If you are a follower of this blog or Facebook page, you might notice that I have recently changed our tagline. I am writing to record the reasons of this change.
This is a write up to share the change in my view about financial planning after more than 9 years in this industry. It has also been 3 years since I moved from Insurance Agency and Unit Trust Agency to join an Independent Financial Adviser Firm (Money Sense Advisory Sdn Bhd). With that I gained access to products from almost every Insurance Companies in Malaysia, I also gained access to almost all Unit Trust Funds available, even offshore investment vehicles and many other financial services/products.
Continue reading “What is Stopping Us from Achieving Our Goals?”Imagine throwing a pebble into a still pond. How does the water respond? The answer is, totally appropriately to the force and mass of the input; then it returns to calm. It doesn’t overreact or under-react…
David Allen in Getting Things Done
Coronavirus COVID-19 pandemic is affecting almost every countries in the world. Social and economic activities are greatly affected. While we are fighting the virus, we are also facing economy challenges. Severe turbulence in the market with new data, news and stimulation packages, monetary decision by central banks all over the world and etc. are creating uncertainties among the investors and public. This situation will prompt many of us to make many instantaneous decisions daily.
Continue reading “How to respond in Times of Uncertainty?”We know that Investment and Financial Risk mitigation are two important elements of Financial Planning. Hence, by combining Investment and Insurance into an Investment Linked Policy (ILP) seems to be an ultimate solution. We believe that almost every one of us have at least one ILP. We have been asked very often and I think will be helpful if we put it into a written form for the reference of the public. Hence, we are going to discuss in details a few important elements and features of Investment Linked Policy in this session. Note that some insurers (insurance companies) name Investment Linked Policy as Unit Linked Policy. Both refer to the same type of Insurance Policy. Please note that these features are similar for Investment Linked Certificate for Takaful.
A few important elements and features of Investment Linked Policy will be discussed in this post. Note that some insurers (insurance companies) name Investment Linked Policy as Unit Linked Policy. Both refer to the same type of Insurance Policy. Please note that these features are similar for Investment Linked Certificate for Takaful.
This is the list of subtopics we will discuss in this post. You can start from item 4 if you already knew what is an Investment Linked Insurance Policy.
