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Sunday 22 February 2015

Are you a Lender?



There are 3 type of people who borrow from you.

1st type: Those who borrowed.

They want to pay but will never be able to pay back.

2nd type: Those who borrowed.

They got money to pay but they don't want to pay back.

3rd type: Those who borrowed $50, return $20.
Then borrow $70 to match up to $100 dollar.
Returned $50 and later borrowed $150 to match up to $200 till they are not able to pay back.

The Best Way to make a Person FORGET you is to Lend them Your Money.

Lend Safely Everyone!

Saturday 21 February 2015

No Debt is Always Good.




No Debt is Always Good.

Before anyone mentioned about Opportunity Lose which can be a double edged sword.

I am not saying one should not borrow to buy a roof over their head.

In fact, you need to borrow to buy a Roof over the head in Singapore.

The problems only start when one borrow just to be able to BUY but without a plan (no. of years) to clear the loan.

Yes. You can buy the property for capital appreciation or rental yield.

If this property is your only roof and you have to downgrade or purchase another appreciated property to stay in, the game might not be to your advantage if you are still in Debt!

The same goes for Second Property, as long as the Debt existed, the Property belongs to the Bank.

P.S. Debt Free is a Beautiful Word Many use but in Actual Fact it is No Debt.

Invest Safely Everyone!

Never put all your Eggs into One Basket.



Never put all your Eggs into One Basket.

By Diversifying your money, you get

1. Peace of Mind
2. to withstand market fluctuation and maybe the fluctuation become an advantage
3. to choose the type of investment that gives u better opportunities
4. to have a proper life.

Start Small, Think Big and mistakes can always be rectified into a Solution for a Better Future.

What are your plans when you make your First Pot of Gold?


What are your plans when you make your First Pot of Gold?

Stay a Millionaire by keeping the Money in your Safe or in the Bank?

Having a Plan for the Money will serve the Truth Purposes in Reaching your  $1 million Goal!

Tuesday 17 February 2015

三羊开泰



三阳开泰
富贵荣华
好运降临

羊羊得意
新春飛羊 
喜氣羊羊 
羊眉吐氣 
名羊四海
才華羊溢
羊年財順
羊年行大運


Happy Lunar New Year Starting with a Happy Reunion DAY!

Monday 16 February 2015

Knowledge can help you Save Good Money!


I recently received a letter from a Firm to Appoint them to Renew my Existing Trade Mark on my behalf.

The Renewal Fee is SGD500 for each trademark.

I held Four (4) Live TradeMark Personally.

That will cost me a Total of SGD2000 if I render their services.

This firm is providing me a Service which I can actually do it myself with Ease and at a Better Rate.

This is where the "Knowledge can help you Save Good Money!" comes about.

I am not trying to spoil that firm opportunity in making additional income if anyone decided to render the renewal services to them.

I feel it is fair to let the person who render their services knows the actual price they are paying if they can do it themselves.

Look at the information below.

We can actually RENEW Each TradeMark at S$250 per class of goods/services (via eFiling) or S$270 (manual filing) per class of goods/ services.



1. efilling is fast and cheap at $250 which means you can save $250 if you render out the renewal services.

2. manual filing is slightly more costly and slower at $270 but you still save $230 if you render out the renewal services

By having Knowledge I can save $920 to $1000 from this Important Renewal.

Ok. So I know how to Save money but how does this help my readers?

I will show you how to renew your own trademark online.

1. Click on this link:
http://www.ipos.gov.sg/Services/FilingandRegistration/FormsandFees/TradeMarks.aspx

2. Click on TM 19 eFiling as seen in the image below.



3. Log in with your Singpass if prompted and fill in the form TM19 accordingly.

4. Pay online and your Renewal is Done!

If you are not sure on what is the proper step to take, you can always contact me at Tel: (65) 6339 8616 on how to fill the form properly.

Just kidding, the number belong to IPOS so give them a call and you can get all your doubts clear.

Another Good Deed Done!


Saturday 14 February 2015

Give yourself Success.


Have you ever wonder what is the secret behind a Successful Person?

Most people will answer hard work and effort but this is not enough.

***The Secret is to Learn from another Successful Person.

This is true and sad at the same time because this line have been abused by Scammers who wanted you to pay them first then see Result.

Those who are willing to help you will never ask you to pay them.

Another Secret would be to learn from other mistake.

***Mistakes are costly and by learning not to MAKE the same mistake, you gave yourself a better chance of Success.

Bear with me but read this TRUE Story.

I know a Singaporean Auntie who is a round 50 years old.

She know about the Fashion Trend in Singapore and everything about Branded Bag to Shoes.

She currently have a younger Malaysian boyfriend who is 40 years old.

The last time i saw this Auntie, she had bruises around her eyes.

She had them because she had a fight with her Malaysian Boyfriend's Vietnam Female Friend who message him at night.

Sound depressing right?

Let's look at the past:

"The Auntie is very pretty when she was young.

Her First boyfriend is a Jewelry Business Owner who drove a Sport Car and bought her many branded bag.

He passed on in a Car Accident before their Wedding Day.

She did not inherit anything from her Rich Boyfriend.

Her Second Boyfriend is a Low Income Person who passed on leaving her with 2 children. She marry him because she got pregnant when they were together.

Her Third Boyfriend Boyfriend is a divorced, with a Single Child.

They got married too.

She have a Third child with him but he turned to gambling and force her to run  away with all her children.

Currently, all the children are now taken care by her relatives and she does not contact them often.

And now we are back to the Present which she have bruises from another fail relationship. "

What did we learn from the Auntie's Story?

1. Never depend on any Spouse. Unexpected thing can happen anytime, so we must be mindful and not resign ourselves to a fate of depending on another person to live on.

***We can only depend on ourselves for a proper life.

2. Never make a mistake of getting Pregnant and resign yourself to marry a guy who might not be able to take care of you.

Don't get me wrong. I am not saying Low Income or Average Income is no Good. I am Saying having a child needs planning, especially in Singapore.

***Being a Single Parent is never easy and it is even worst when you are a Single Mum without marrying.

3. If I am the Auntie, I would choose to be more independent when I am young and to FOCUS on my OBJECTIVE.

What would be my OBJECTIVE?

a. Get out of a life that depends on other people. I want to be INDEPENDENT!

b. Focus on creating a Good Career rather then thinking about LOVE and Relationship all the time. All this can come later when you are successful, if you don;t get the Relationship at a later stage, you are still SUCCESSFUL!

c. Save for a Rainy Day and Save with a PLAN!

It is never about Saving $100K or $200k. It is about HOW you use the money to grow your wealth or provide a Shelter for yourself with a PEACE OF MIND.

d. Never let other PEOPLE handle your Hard Earned money.

There is no such thing as EASY money.

There are many people who blow horns, buy sports car, post Expensive Living Picture online but they DO NOT LAST most of the time.

e. Saving is the mother of all Investment!

Don't talk about investment if you do not fulfill your Basic Needs as follows

i. Your own HDB property.
ii. Hospitalization and Surgical Insurance Covered
iii. A GOOD STABLE income that give you prospect! This is where the hard work and effort comes in.

With the above points fulfill, then looking into investment for passive income is never too late.

It is good to invest small so any mistake in investment can be rectify with small losses.

f. Never never give up on ACTIVE CONSISTENT INCOME!

g. NEVER NEVER NEVER Earn the wrong type of money even if it is "GOOD" Money.

Why? These Good Money might come back to haunt you when you are successful or THEY will be the reason you will be a FAILURE for LIFE!

I have recently told a few friends never to dig a hole for themselves because We all make mistakes at times and the HOLE we dig will prevent us for climbing back up.

Please DO NOT let yourself DOWN!

Last but not least,

FOCUS!

***Focus on Getting yourself OUT of the situation which is bringing you DOWN.

***Focus on Knowing the Right Kind of People who are really helping you and not giving you PROBLEM!

**Another way is to DIS ENGAGE from the WRONG KIND of Friend who might bring you trouble in the future.

**Please bear in mind, there might not be bad people and they might not have intentionally wanted to DRAG you down with them but it is the SITUATION that you expose yourself too. aka DIG A HOLE FOR YOURSELF.

NO ONE OWE US A LIVING!

We have to depend on ourselves to be Successful and that is to Learn from Success People, Avoid TERRIBLE Mistakes and Dis engage Friends who might ask you to help them do unlawful things or get you dragged innocently in to trouble when the police suspects and investigate you.

When you have no proof to prove yourself innocent, you will be found Guilty and Crying will never give you Another Chance.

Only by not putting yourself in such DIRE SITUATION, then you will receive PEACE OF MIND to achieve your SUCCESS!

Thursday 12 February 2015

Focus on the Main Incentives. Look at the Good Point of Annuity and decide for yourself.



One size doesn't fits all.

I have always advice my friend to use their CPF money for property purchase if they really need to.

Cash is King ONLY if you know how to make it work for you.

Always fulfill your BASIC needs like shelter and a proper (which can be a simple and good) life then we focus on investment which should lead to retirement or just focus on retirement plan.

After all the hoo ha about CPF, why not Focus on the Main Incentives.

Look at the Good Point of Annuity and decide for yourself.

I am going to make it short and sweet for this blog.

It is important to know the Annuity you choose actually PAYS you TILL you go heaven BUT there is no free meal so make sure your Retirement Accounts gave you that benefit.

Take this as another retirement portfolio.

Another Good Thing to know is,

1. how the annuity money can be bequested upon death. Take note that the bequested amount (if any) depends on the plan you choose. Will there be changes, we won't know yet.

2. how the monthly payout is protected from creditors which i feel is good to know. Hope no one abuse it though.

Last but not least, you should read up on what CPF Board provided for accuracy.

http://mycpf.cpf.gov.sg/NR/rdonlyres/09EA0C05-C8E9-4705-9D91-E8BD1D12CF1E/0/LIFEBrochure.pdf

Another Good Deed Done.

Sunday 8 February 2015

It is about Enjoying Life, not about Exchange Payout with your Life.



When it comes to buying insurance, you must have an objective for each policy you purchased and it should be a long term plan which you can afford to paid till premium is no longer required for the protection.

The best ROI for insurance is to go heaven as early as possible. *touch wood*

That will definitely not be the main objective unless there was a plan to get Good ROI with that.

So, make sure anyone who purchase insurance do not overstretch themselves.

An example is you can use your Medisave to pay for your Integrated Shield Plans.

https://www.moh.gov.sg/content/moh_web/home/costs_and_financing/schemes_subsidies/Medishield/Medisave-approved_Insurance.html

It is about Enjoying Life, not about Exchange Payout with your Life.

Thursday 5 February 2015

Saving is not about living a pauper's life and forgoing life's pleasures - saving is a lifestyle.


A Right Question is asked when the Right Post is posted.

Hi there,

1. Buy what you need and not what you want.

2. Have a standing order that auto transfer 50% or more of your salary to a bank account you will use for fix deposit and equity investment. (50% is recommended, it can be lesser)

3. Keep to a proper life style by buying discounted items or discounted offers on drinks or food.

4. Use your annual leave to look for part time job which pays good money.

5. Travel at a discount by booking n planning yourself. If you can get a sponsor, even better.

6. Insurance wise, you can focus on what you need at your age and your main objective. eg term insurance which give Good Coverage at a lower fee.

7. Buy HDB before getting your private property. Use the MOP of 5 years to save and grow your capital.

Do all these and you will be richer then many that just spend without proper planning because they pay more for long term Stuffs tt can be Good n Discounted.

Another Good Deed Done!