MONEY MASTER

Starting a family is always a beautiful story and a new adventure. Recently I've been to a few of my friends' wedding. It was great to see this newly wed couple planning ahead together, about having baby and getting a home etc.  The question remains...how easy is it to have a baby? Oops. I don't mean the process...of course that's easy. but how affordable are you to have a baby?  Ready to have a baby? Married couple....this is for you! Well, at least, it's based on my reading and also from the information obtained from my friends who are with babies (P.S: I'm not married and don't plan to do so any time soon...please do not misunderstood it from this post) Having a baby is expensive...consider it from all of these: food, clothing, education, hobbies, healthcare, entertainment and caretaker costs...all of that will cost you more than just love, fresh air and water. (I know some people are deceived by the easy doing it from Korean drama...

There are a lot of people who are not aware on the existence of MRTA and MLTA. Basically, when you buy a home, it is encouraged that you get yourself the mortgage insurance of either Mortgage Reducing Term Assurance (MRTA) or Mortgage Level Term Assurance (MLTA).  Protect your home.... Buying a Home is always a great thing. It's always great to buy a Home for your loved ones as well but it's a purchase that takes a huge commitment and takes up to 35 years to settle the purchase. Providing a home for your dependent is a good thing, but if the home loan is not settled in full, it can turn into a burden for your loved ones in the event of death or total permanent disability (TPD). It is with these unfortunate circumstances in mind that most mortgage officers offer mortgage life insurance policy to home buyers. In the event of death or TPD, the policy frees the borrower’s dependents from any debt as it is designed to pay off the remaining debt on repayment mortgages. ...

Well I was really busy lately and that's why the failure to maintain the update on this even though I believe it is important. In the world of financial and investment, it is best that we learn the language right. Anyway, today I'm gonna share a key part of investment, in strategy and planning on the suitable investment plan for oneself, it is first important for us to find out about ASSET ALLOCATION . Asset allocation In one of the dictionary, asset allocation is defined as a financial strategy for reducing risk in an investment portfolio in order to maximize return. So how do you really reduce risk and maximize the return in your portfolio? Asset allocation aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance and investment horizon.  Depending on the amount of your investment, it is important to look at the few key investment types...equities, fixed-income, and cash and equivalents - h...