CPF Minimum Sum: How to earn $17,376 in 7 minutes! (NB: This is not a get-rich-quick scheme.) Read on if… You have excess amount in your CPF Ordinary Account & You don’t intend or don’t know what to do with it! There has been lots of discussion regarding the Minimum Sum Scheme lately. During aContinue reading “CPF Minimum Sum: How To Earn $17,376 In 7 Minutes”
Author Archives: weikai08
PK: SAF Group Term Life vs Term Protector
Have you always heard about Aviva SAF Group Term Life Insurance being one of the best around? In line with the recent discussion, I have done a practical comparison for an easy analysis. These are the findings… Scenario: 30 Year Old, Non-Smoker, who wants to get covered for $1mil till Age 65 SAF GTL (ToContinue reading “PK: SAF Group Term Life vs Term Protector”
Why You Should Buy Term Insurance
What is Term Insurance? The terminologies used in the Financial Services Industry certainly gets lots of people confused. Term Life, Term Policy, Term Insurance, Term to Age, “X” Year Term can all refer to the same category of policies. The key is the tenure of the policy, how long does it covers until, i.e. whatContinue reading “Why You Should Buy Term Insurance”
What Is Insurance?
The transfer of risk is the basis of all insurance. What risks? The risk of significant potential loss or financial consequences in exchange of a premium. Who takes on the risk? Hence insurance companies act as the intermediaries to pool premiums together to insure against a specific loss. For instance, businesses can insure their premisesContinue reading “What Is Insurance?”
How Guaranteed Are Fixed Deposits?
How fast do your Fixed Deposits really grow? It takes 72 years for a Fixed Deposit to double at 1% Interest… © Wee Khai Wee Khai is an avid soccer player, who is also a finisher of 12 half-marathons and 3 full marathons.
Wee Khai 