GYC Insights
Articles on real-life financial issues written to educate and enlighten.
Balancing Act
A common question from clients is ‘Should I use my money to reduce debt now or should I start investing and saving first? Can I do both and at what cost?’ A plethora of self-help books and information online either declare debt as a deadly sin or heaven-sent. Let’s look at possible ways to think about it.
Tiptoeing Around Risky and Expensive
With investors scrambling to add different asset classes into their portfolios to equal their returns to that of 10-20 years ago, they may be exposed to higher volatility than the past as well.
The Best Time to Give Away Your Money?
Majority of people generally transfer their assets only when there is an onset of cognitive decline. However, the delayed timing could bring about significant repercussions to your hard-earned assets.
Do I Really Need to Own a Property?
With property transactions at mind-boggling rates, you may start to wonder if the next generation has the means to own a home. By considering the three types of benefits of every product and service, you might be able to answer some common questions about property.
What Should I Prioritise First?
Very often, dealing with your own finances is a juggling act and it can be difficult to prioritise which items should come first. Here are four quick tips that can help you balance out your loan payments while saving for something big.
Does Inflation Affect Me?
When investing, very often we concern ourselves with more visible risks, but inflation is a silent killer. If you do not manage your money and savings well, it will slowly push your desired/ideal lifestyle out of reach. What steps can we take to combat the inflation risk?
Financial Tips For Fresh Graduates
Congratulations! You’ve studied hard, completed your exams, and are now armed with your degree or diploma — what now?
Investing Can Reduce The Wealth Divide
Global stocks have grown by more than 600% despite the many crises in the last 25 years. Surprisingly though, not many local households invested their wealth in shares and securities.
Now Is The Time to Talk About a Downturn
One of the best times to plan for an economic downturn is when markets are behaving normally, investors are feeling bullish, the economy is on the mend, and we have clarity of thought.
The Care You Deserve
The issue of an investor buying the “wrong product” and losing significant amounts of capital as a result is not a new one. Do you know whether your advisor is committed to working in your interest?
Ready for Parenthood?
Having children can be amazing, but it can also be overwhelming. These are some financial tips to ensure that you’ve got you and your family covered.
More Relieved With Tax Relief
In Singapore, we are fortunate enough to benefit from one of the lowest tax jurisdictions in the world. However, there are ways for us to reduce our taxes even further.
How to maximise your money in retirement
Having some flexibility in your drawdown rate can ensure that your invested funds will last you as long as you need
The Tragedy of Dying Without a Will
Creating a will shows love and concern for your loved ones when you’re gone. Don’t undo a lifetime of financial prudence by failing to plan ahead.
Should You Be Worried Over Low Interest Rates?
Bank interest rates have been at rock bottom for years. Is this something investors should worry about?
Why You Need an Emergency Fund, and How Big it Should Be
Conventional advice says to save up at least 3-6 months of expenses. But is that really enough?
5 Steps to Save for Your Dreams
Investing your money can be a faster, cheaper alternative to bank deposits when it comes to saving for your long-term goals.