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Economic reality of your net worth (balance sheet)
16 Mar 2010 10:00 AM by
Wilfred Ling
Your networth is a balance sheet listing your assets and liabilities. The difference for both is called the net worth. However, the net worth or balance sheet contains many “off-balance sheet” items.
Category:
Investment
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Should you terminate your lemons?
11 Mar 2010 4:47 PM by
Wilfred Ling
I have many clients who bought unsuitable products and as a result have to postpone their retirement for many years. However, is it advisable to terminate long-term contracts like ILPs?
Category:
Financial Planning
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87 years old grandma kicked out of Bedok Reservoir flat by grandson
4 Mar 2010 5:40 PM by
Wilfred Ling
A 25 years old young man wants to sell the flat to study in Australia. Since his grandmother refused to leave the flat, he took his 87 years old grandmother to court for contempt-of-court charge. There is much we can learn from this incident.
Category:
Financial Planning
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Added Kids’ Ang Bao to Their Accounts
2 Mar 2010 1:30 PM by
Wong Sui Jau
What do you do with your children "Ang Bao" (Red packet) money after Chinese New Year? Take a look at what Sui Jau did for his two children aged 3 and 5 years old.
Category:
Investment
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On Exit Programmes and Central Bank Tightening
23 Feb 2010 2:50 PM by
Wong Sui Jau
The US Federal Reserve increased its discount rate on Friday from 0.5% to 0.75%. This is the interest rate which it charges banks for emergency loans. The move set the market abuzz last Friday and contributed to the fall in markets on Friday ...
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Investment
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