Good video as usual Josh. On your very last point of other income streams, can you make a video sometime in future on ‘side hustle options’ in Singapore context? Will be an interesting topic to watch.
Sure! You've any experiences to share on what you've tried before, succeeded or fail... do share. Also check this discussion out, Story Of Side Hustle Became A Nightmare, Why? | Question On Career - 27yo Single, What To Do? ua-cam.com/video/gAhc62SMcRY/v-deo.html
At this moment, preserve cash, if everyone is doing same things, then something's not right. This is apt, wisdom is basic foundation of right living and retirement.
@@joshconsultancy Paul Krugman NYT on follies of investing in cryptocurrencies (also on 22-May ST) should b wise and apt to educate ordinary folks not to b ensnared by noises, and invest w astute n wise knowledge instead. Book on "Manias,, Panics & Crashes " published by Wiley investment classic books is as apt as current. Modern 21st Century tulip-mania. Sigh.
if cpf life payout rise with FRS, is it safe to assume there will be enough to pay for the highest shield plan? assuming premiums also adjust for inflation.
if you want inflation adjusted may need to explore ESCALATING PLAN. Shield plan premiums have jumped by >100% over the last few years, abit hard to extrapolate until it stabilises
Haha I gotta know what your talent is first =P. What have you tried before btw? Also check this discussion out, Story Of Side Hustle Became A Nightmare, Why? | Question On Career - 27yo Single, What To Do? ua-cam.com/video/gAhc62SMcRY/v-deo.html
@@joshconsultancy Ah. Will check out the video! Tried a little on UA-cam content creation… find that I didn’t have the flair for it.. did some photography assignments but the commitment is pretty long hours considering photo editing as well. Most choices are still hourly-effort based like tuition, grab, etc. Just wondering if what other creative options are out there? Or can we try selling something online? But many online products are having little margins already..
Hi Josh, these are extremely great insights. I’m a financial planner myself and I found these useful advice to share to my clients. I feel most people focus too much on passive Cashflows and neglect their health in the process which is so sad if u think about it.
Would like to find out more about the leveraged annuity plans (Mentioned under Passive income) - are these premium financing - for high net worth? Who is suitable for such plans? Minimum investment outlay required? How does insurance companies earn $$ from these - given banks are earning interests from the bank loans...
Hi Sharon, leveraged annuity can be a solution and I've pieced in for some clients for their retirement. But there are things to look out for also. Ive a full tutorial on it already. Leveraged Annuity Plans 🤔 How it Works And What Are The RISK To Watch Out For! ua-cam.com/video/TOZqqrMXWCA/v-deo.html
Just be as gainfully employed for as long as you can and make your safety net (CPF, 401k, pensions pot) then emergency funds and invest the rest...
Top 20 Semb marine share holder Phillip Loh said the merger will be unfair to share holders of Semb marine ?
In my opinion he made valid points
Appreciate if you can give leads to Vietnam cybersecurity listed companies.
I am in my late 20s and I guess its not too late to plant the seeds for a better future :)
Good video as usual Josh. On your very last point of other income streams, can you make a video sometime in future on ‘side hustle options’ in Singapore context? Will be an interesting topic to watch.
Sure! You've any experiences to share on what you've tried before, succeeded or fail... do share. Also check this discussion out, Story Of Side Hustle Became A Nightmare, Why? | Question On Career - 27yo Single, What To Do? ua-cam.com/video/gAhc62SMcRY/v-deo.html
Is the Semb marine merge unfair for Semb marine share holders?
At this moment, preserve cash, if everyone is doing same things, then something's not right. This is apt, wisdom is basic foundation of right living and retirement.
Need to balance with underinvestment for readers who are too conservative but ya I agree some cash moving forward will be useful for opportunities
@@joshconsultancy Paul Krugman NYT on follies of investing in cryptocurrencies (also on 22-May ST) should b wise and apt to educate ordinary folks not to b ensnared by noises, and invest w astute n wise knowledge instead. Book on "Manias,, Panics & Crashes " published by Wiley investment classic books is as apt as current. Modern 21st Century tulip-mania. Sigh.
Recent Astrea 7 introduce bonds is it as safe as MAS i.e T-Bill or SGS Bonds?
What I can share is its a relatively low risk option. Previous astrea bond prices have fallen in price recently as interest rates climb
if cpf life payout rise with FRS, is it safe to assume there will be enough to pay for the highest shield plan? assuming premiums also adjust for inflation.
if you want inflation adjusted may need to explore ESCALATING PLAN. Shield plan premiums have jumped by >100% over the last few years, abit hard to extrapolate until it stabilises
Can also do video on careshield /elder shield and whether we should upgrade the plan?
Hi Kevin yes I would recommend so. Its quite simply more premium for more coverage. And if applied correctly can be within medisave limits fully
Cool!
Interesting one :) Thanks
Thanks again TA =)
Should aim for Enhanced Retirement Sum. ;)
AGREE!
Hopefully can talk about the Astrea 7 Bonds in next video. Good to subscribe?
What I can share is its a relatively low risk option. Previous astrea bond prices have fallen in price recently as interest rates climb
@@joshconsultancy Thank you for your valuable response.
Hi Josh! Can you share more on how to generate side incomes? Not everyone got the talent to do content creation.. haha.
Haha I gotta know what your talent is first =P. What have you tried before btw? Also check this discussion out, Story Of Side Hustle Became A Nightmare, Why? | Question On Career - 27yo Single, What To Do? ua-cam.com/video/gAhc62SMcRY/v-deo.html
@@joshconsultancy Ah. Will check out the video! Tried a little on UA-cam content creation… find that I didn’t have the flair for it.. did some photography assignments but the commitment is pretty long hours considering photo editing as well. Most choices are still hourly-effort based like tuition, grab, etc. Just wondering if what other creative options are out there? Or can we try selling something online? But many online products are having little margins already..
Alamak, boss . Next dec, i can withdraw excess cpf $ after set aside FRS. Too late ,lor
Set more for ERS especially if you've still active income!
Hi Josh, these are extremely great insights. I’m a financial planner myself and I found these useful advice to share to my clients. I feel most people focus too much on passive Cashflows and neglect their health in the process which is so sad if u think about it.
Hi Darren, great to cya around. We both have an important role to uplift the standards and image of our profession. Cya around =)
Would like to find out more about the leveraged annuity plans (Mentioned under Passive income) - are these premium financing - for high net worth?
Who is suitable for such plans? Minimum investment outlay required?
How does insurance companies earn $$ from these - given banks are earning interests from the bank loans...
Hi Sharon, leveraged annuity can be a solution and I've pieced in for some clients for their retirement. But there are things to look out for also. Ive a full tutorial on it already. Leveraged Annuity Plans 🤔 How it Works And What Are The RISK To Watch Out For! ua-cam.com/video/TOZqqrMXWCA/v-deo.html
谢谢你兄弟 👍🇸🇬(⊙o⊙)