For one thing, most people do not act rationing when come to judging how “expensive” or “cheap” a financial product or service is. The plain mathematics of $2 is more dear than $1 is not applicable in most cases sometime it is because the product involved is not straightforward but most of the time it is because client does not act logically.

My client just treat me for a delicious lunch because I helped her to claim from the shield plan.

Recently TM Asia Life reduce their premium for their wholelife policy to a jaw dropping amount. As I was preparing a quote for a client's new born baby girl, I almost fainted at the pricing: For a baby girl next age 1 and for sum assured $100,000 that covers death, TPD and critical illness, the premium is $2,411 per year limited to 5 years only. The coverage continues for LIFE. This is a participating whole life plan. It is in my opinion that this is mispricing (positively for the consumer). Consider this: For just 2411*5=$12,055 in total premium the life assured gets a cover for $100,000 for LIFE.

 I would like to invite all my blog readers to this investment exhibition cum free investment seminars. I will be speaking in one of the seminar. This will be on a Sunday and I'll begin my talk at 10:30am sharp for half hour. Although my topic is meant for high networth individuals, everyone is welcome to listen for education sake. This at least will motivate you to become a high networth individual (preferably through my help!! Haha). Details below: 

Full timetable HERE

As I was walking in a shopping center toy department, there was a Playstation2 demo set. We went to the station and tried to play the game. However, the game was in Japanese. Without understanding Japanese and plus the salesperson uninterested to help us (he was fiddling with his phone), my son & I lost interest in the game.

Promiseland is organizing a talk on Eldershield program. This is a national insurance program which everyone who turned age 40 are automatically enrolled unless otherwise opted-out. For those who are turning 40 or is already enrolled are invited to join us to listen to what this national program is all about. Moreover, there are enhancements to Eldershield offered by Great Eastern, Aviva and NTUC Income. How different are they from each other and which is the better enhancement? We will provide an unbias comparative study on these enhancements.

For registration, kindly email me at This email address is being protected from spam bots, you need Javascript enabled to view it   to confirm your attendance. This is for the purpose of printing materials and dinner.