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Where would CPF money go if it is nominated to a bankrupt? When Madam Lim Lye Kiang sought to claim the $102,000 from CPF which her late sister had left her, she would never have expected that the CPF Board transferred the money to the OA (Official Assignee) to...

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Why you should not buy IPOs As Sheng Siong is launching its IPO next month, I expected a few calls as whenever an IPO is launching. And if you are my client, you know my answer. I decide to write this article so everybody can benefit...

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Questions to ask your Financial Adviser Every Sunday morning when I flip open the newspapers, I always see articles or advertisements regarding "Financial Advisers". Nowadays, just like the once prestigious word "Banker", which is misused in...

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Revision to Nomination of Insurance Nominees Regulation With the onset of the Mental Capacity Act ("MCA") coming into effect on 1st March 2010, the Insurance (Nomination of Beneficiaries) Regulations 2009 ("the Regulations") will be amended to effect 2 changes: The...

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The ABCs of the Financial Advisers Act The title, Financial Adviser, is always mis-used in the industry and misunderstood by the consumers. On 10 October 2002, the Financial Advisers Act came into effect and all financial institutions are...

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About Me

I am an Independent Financial Adviser Licensed under the Financial Advisers Act by MAS in Singapore.

Through my experience, I’ve noticed how vulnerable an individual investor is when facing the heavily armed financial giants. This especially became an reality to many investors after 2008 financial crisis.

While I strongly believe the best investment a person can have is to constantly educate themselves, I set up this blog to provide information and tools to teach the individuals how to manage their own assets.

What do I do?

Everyone’s financial circumstances involve a balance between risk and reward, opportunity and protection. People have two items to be protected: the present assets they have acquired and the future income they will receive.

The job of me as an Independent Financial Adviser is to measure these risks and help an individual form a balance between the risk exposure (buying risky assets) and the expense of risk avoidance (not investing). Why obsess about avoiding risks when you can instead manage them intelligently?

Click here for the scope of my services.

Who will engage my services?

Investing is making educated and informed decisions about what will perform most in line with your objectives within your time horizon. Either you make those decisions and follow them along yourself, or you engage an adviser do it for you.
However, how an “Adviser” make a living will determine whose interests they are more inline with. Even if you may seem to be receiving FREE advise from your brokers or bankers, you have to be  sure if they are take this “advisory role” seriously. You get what you pay for.

There are four types of people who will engage my services.

  • You lack the knowledge to handle these matters yourself
  • You have the knowledge, but you lack the time to manage it on your own
  • You have the knowledge and the time, but you lack the desire
  • You have the knowledge, time and desire, but your family do not

If you are one of those and would like to engage my services for Financial Planning and Investment Advice, you may email me at contact@sgmoneymatters.com or use our online contact form.

You can Subscribe to this Blog and Follow my Twitter to receive the latest updates timely.

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Comments (2)

Said said on 11-12-2011

Hi,

Understand that mortgage insurance is compulsary for buyers that need to take up loan with bank. However, is it alright that only a single party of the buyers (either husband or wife) purchase the mortgage insurance? or both husband and wife MUST purchase the mortgage insurance?

or is there such thing as both parties insure half of the loan rather than full loan amount?
Ivan Guan said on 12-12-2011

Dear Said,

In general and best practice, both husband and wife will purchase 100% each.

you can also purchase mortgage insurance with a combined sum assured equal to 100% of the loan. the share need not be 50% each. it can be other percentages like 80% and 20%.

However, different banks have different requirements. I suggest you check with your bank first before purchasing the mortgage insurance.

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