Archive for May, 2007

Direct deposit to Vanguard MMF?

Thursday, May 10th, 2007

A few of the brokerages I know, including Vanguard and Fidelity, allows you to direct deposit your paycheck into their money market fund (MMF) automatically. This sounds like a convenient feature to have as the money will be earning market rate interest and is ready for immediate investment.
Recently, I decided to investigate the feasibility of [...]

Why an IFA is unable to appreciate term insurance

Wednesday, May 9th, 2007

This Morningstar post made a reference to the quote by Upton Sinclair:
 ”It is difficult to get a man to understand something when his job depends on not understanding it.”
It really reminds me why some IFAs I have encountered in the Sg cyberspace could never admit that buying term insurance and investing the money in low-cost [...]

Mr Tan Kin Lian to meet Mr John Bogle

Monday, May 7th, 2007

This bit of news might be interesting to some. Mr Tan Kin Lian, the former CEO of NTUC Income, one of the biggest insurance company in Singapore, is meeting John Bogle in the coming two weeks.
Since Mr Tan has been talking about investing in low-cost and diversified funds for quite a while and advocating fixed [...]