tag:blogger.com,1999:blog-124867460805677921Fri, 03 Jul 2009 12:03:35 +0000Are you confused by all the Financial Advice given by your adviser, reading articles or books from the gurus or your own online research? This is because we are all brought up differently and have different circumstances. This blog is dedicated to provide different views to look at Financial products and services based on different circumstances.http://teaengpeng.blogspot.com/teaengpeng@gmail.com (TEA ENG PENG)Blogger33125blogspot/JbQlhttp://feedburner.google.comtag:blogger.com,1999:blog-124867460805677921.post-6004149638043953200Fri, 26 Jun 2009 05:40:00 +00002009-06-26T14:41:08.048+08:00InsuranceFinancial-PlanningMoney-ManagementTaxHave you been over declaring your Tax Relief unknowingly?Majority of the people thinks that their have paid a lot for insurance premium and when it come to declaration of Tax where there is this column for Life Insurance Relief, they feel "relief" that at least it is tax deductible but they are only half right!An extract from IRAS Website on the subject matter as follows: "You are not eligible http://feedproxy.google.com/~r/blogspot/JbQl/~3/-nGZplzhbFM/life-insurance-tax-relief.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/-nGZplzhbFM" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/06/life-insurance-tax-relief.htmltag:blogger.com,1999:blog-124867460805677921.post-5470995686385830508Thu, 18 Jun 2009 19:01:00 +00002009-06-30T22:53:42.675+08:00Money-ManagementRecently my aircon gave way after good ten years and I decided to do some research before my aircon purchase and found the following two website particularly useful to share with my reader:1. http://singapore-aircon-advice.blogspot.com/2. http://www.coolserve.com.sg/I do not get any referral fee from the above but I wouldn't mind if they were to give me some for my free advertisement. Anyway goodhttp://feedproxy.google.com/~r/blogspot/JbQl/~3/rqhN1YVwLFY/best-deal-for-aircon.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/rqhN1YVwLFY" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/06/best-deal-for-aircon.htmltag:blogger.com,1999:blog-124867460805677921.post-7957217448391118380Thu, 18 Jun 2009 08:17:00 +00002009-06-18T16:21:36.093+08:00Financial-PlanningAlways thought managing your personal finance is a complicated and dreaded affair?A glimpse of Wealth Manager - Simulating investment in propertyRun no more because Prosperity Personal offers you an easy-to-use online personal finance planning tool. A tool that is completely free, and it enables you to understand in the blink of an eye your long-term finances. Why plan? Because uncertainty http://feedproxy.google.com/~r/blogspot/JbQl/~3/gO4_AQvSs_8/prosperity-personal-online-personal.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/gO4_AQvSs_8" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/06/prosperity-personal-online-personal.htmltag:blogger.com,1999:blog-124867460805677921.post-1322733060723539806Fri, 29 May 2009 09:26:00 +00002009-06-13T11:59:03.675+08:00About-Me var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Hi All,Please keep a look out on the interview of me with 《财经追击》under the programme call "Financial Planning 101".1st Telecast 29th May 2009 (Fri) 9:30pm Ch U 2nd Telecast 1st June 2009 (Sun) 11:30pm Ch UWill keep you posted on the follow up telecasthttp://feedproxy.google.com/~r/blogspot/JbQl/~3/mXQYoJRnplo/tea-eng-peng-inteviewed-by.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/mXQYoJRnplo" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/05/tea-eng-peng-inteviewed-by.htmltag:blogger.com,1999:blog-124867460805677921.post-4124570715167845340Mon, 18 May 2009 17:09:00 +00002009-05-19T01:38:56.861+08:00Financial-PlanningCPF var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; I have found a video from CPF Website - IM$avvy on the subject "Optimising CPF" which is very comprehensive and I personally benefit from it too as it is with visual aid.There are so much one need to know about their CPF yet too little time was spent to http://feedproxy.google.com/~r/blogspot/JbQl/~3/d6IYeLa_Aik/what-you-need-to-know-about-your-cpf.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/d6IYeLa_Aik" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/05/what-you-need-to-know-about-your-cpf.htmltag:blogger.com,1999:blog-124867460805677921.post-3575777409639583786Thu, 14 May 2009 08:16:00 +00002009-05-14T16:41:01.027+08:00Investment var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Sani Hamid is a Director, Wealth Management (Economy and Market Strategy) of Financial Alliance Pte Ltd and is also a good friend of mine. I am proud to present some of his interviews with CNBC that I managed to find from the internet to my readers. You can alsohttp://feedproxy.google.com/~r/blogspot/JbQl/~3/6BkmLU6pws8/cnbc-interview-with-sani-hamid-of.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/6BkmLU6pws8" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/05/cnbc-interview-with-sani-hamid-of.htmltag:blogger.com,1999:blog-124867460805677921.post-3694132218718092046Wed, 13 May 2009 16:01:00 +00002009-05-14T00:04:35.772+08:00About-Me var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Recently I receive the following email from one of my reader and it motivate me to squeeze out some time to continue blogging despite of my busy schedule:"Hi Tea, Thank you! Your email had been great help to me. I got to know your blog while I google http://feedproxy.google.com/~r/blogspot/JbQl/~3/au4FxdAKjU0/comment-from-reader.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/au4FxdAKjU0" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/05/comment-from-reader.htmltag:blogger.com,1999:blog-124867460805677921.post-1711070699284894469Sun, 03 May 2009 05:59:00 +00002009-05-03T14:54:15.978+08:00Financial-Planning var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Recently I have found a website that provide FREE Financial Calculation Tools Online which I feel compelling to post in my blog. I am very impress because it is graphic intensive with drag and drop feature, yet very fast processing time. You got to try it to http://feedproxy.google.com/~r/blogspot/JbQl/~3/J0b7miuTbbA/free-financial-calculation-tools-online.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/J0b7miuTbbA" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/05/free-financial-calculation-tools-online.htmltag:blogger.com,1999:blog-124867460805677921.post-7217899434385718386Wed, 18 Mar 2009 10:44:00 +00002009-03-19T00:52:14.392+08:00Book-Review var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; I was reading this book written by Andy Ong who is the bestselling author of "Personal Financial Planning in Singapore" who also founded the Financial Planning Association of Singapore (FPAS) when he was 26 years of age and served as its Founding President for two http://feedproxy.google.com/~r/blogspot/JbQl/~3/_E5fpZA_kmk/book-review-maniac-youve-to-be-little.htmlteaengpeng@gmail.com (TEA ENG PENG)5<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/_E5fpZA_kmk" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/03/book-review-maniac-youve-to-be-little.htmltag:blogger.com,1999:blog-124867460805677921.post-3279507470275685441Tue, 17 Feb 2009 14:22:00 +00002009-05-13T23:40:28.741+08:00About-MeYear 2009 marked my 10th year in the business and I decided to embark myself from a FA platform to the IFA platform. Some of my client asked what are the differences? So I decided to post a blog to address this.The term Financial Adviser (FA) refers to a corporation and the individual providing the advice is referred to as the Financial Adviser Representative (FAR). Exempt FAs are banks, http://feedproxy.google.com/~r/blogspot/JbQl/~3/ffiG6c0wWf8/who-are-independent-financial-advisers.htmlteaengpeng@gmail.com (TEA ENG PENG)1<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/ffiG6c0wWf8" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/02/who-are-independent-financial-advisers.htmltag:blogger.com,1999:blog-124867460805677921.post-2429222650136088628Sat, 14 Feb 2009 13:38:00 +00002009-05-15T14:06:51.752+08:00About-Me var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Inspired by my blogging buddies Wai Loong and Leroy writing a review of their year 2008, I decided to do a review myself on not for just one year but 10 years!My first 1 year 6 months...My first career after my graduation from Ngee Ann Poly was in the insurance http://feedproxy.google.com/~r/blogspot/JbQl/~3/zzrm67rLLPs/my-10th-year-in-financial-advisory.htmlteaengpeng@gmail.com (TEA ENG PENG)1<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/zzrm67rLLPs" height="1" width="1"/>http://teaengpeng.blogspot.com/2009/02/my-10th-year-in-financial-advisory.htmltag:blogger.com,1999:blog-124867460805677921.post-3591261262506384325Mon, 29 Dec 2008 16:22:00 +00002009-01-31T07:01:04.715+08:00InsuranceComment from my article "Travel Insurance""Hi Eng Peng, good point about the need for travel insurance! Thanks for sharing. There are many travel insurances available in the market. Will you be willing to share more on the other aspects that we should evaluate on to determine which is the most appropriate insurance for our travel needs? Cheers! LeroyBlogsite: http://www.leroyang.blogspot.com/"In http://feedproxy.google.com/~r/blogspot/JbQl/~3/XX_brAJF_8Y/best-travel-insurance.htmlteaengpeng@gmail.com (TEA ENG PENG)2<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/XX_brAJF_8Y" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/12/best-travel-insurance.htmltag:blogger.com,1999:blog-124867460805677921.post-2170136978341611153Wed, 17 Dec 2008 00:27:00 +00002008-12-29T12:02:14.936+08:00I am rushing for work but feel the urge to share this before I leave the house. As I normally do my reading in the morning while my mind is still fresh, I came across Adam Khoo's new book release "Profit from the Panic" and he share his insight on his blog which I think is worth reading. The link is as follows:http://www.adam-khoo.com/171/profit-from-the-panic-is-readyhttp://feedproxy.google.com/~r/blogspot/JbQl/~3/Wni58R0zE5s/adam-khoos-new-book.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/Wni58R0zE5s" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/12/adam-khoos-new-book.htmltag:blogger.com,1999:blog-124867460805677921.post-5961700397240959926Tue, 09 Dec 2008 14:49:00 +00002008-12-10T00:57:47.329+08:00InsuranceRisk-ManagementThe recent unrest in Mumbai and Bankok highlights the need to buy travel insurance before making a trip and there is a sudden surge in the demand for travel insurance among my clientele which was not their usual habit despite my constant advice.I am a firm believer of Travel Insurance due to my own personal experience and is also my first claim experience with the insurance company which happen http://feedproxy.google.com/~r/blogspot/JbQl/~3/XOmngXIbusE/travel-insurance.htmlteaengpeng@gmail.com (TEA ENG PENG)4<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/XOmngXIbusE" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/12/travel-insurance.htmltag:blogger.com,1999:blog-124867460805677921.post-1866732339741016102Tue, 25 Nov 2008 18:21:00 +00002008-11-26T02:24:19.443+08:00Quote-Of-The-Day var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; If you are worried about surviving in a Recession or even Depression which normally last 3 to 5 years...I am worried about how you are going to survive your Retirement which normally last 10 to 20 years! http://feedproxy.google.com/~r/blogspot/JbQl/~3/x95wOBCHu1Q/quote-of-day_26.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/x95wOBCHu1Q" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/11/quote-of-day_26.htmltag:blogger.com,1999:blog-124867460805677921.post-7553632966562691833Mon, 24 Nov 2008 07:16:00 +00002008-11-24T15:21:30.230+08:00Quote-Of-The-DayPractice Make Perfect...However, the right Practice will Perfect your Success...But the wrong Practice will Perfect your Failure!So BEWARE what you Practice!http://feedproxy.google.com/~r/blogspot/JbQl/~3/miJ0-_MDb2U/quote-of-day_24.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/miJ0-_MDb2U" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/11/quote-of-day_24.htmltag:blogger.com,1999:blog-124867460805677921.post-3975722474825165082Sat, 22 Nov 2008 09:06:00 +00002008-11-22T17:09:41.319+08:00Quote-Of-The-Day var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Simple is not equivalent to Easy...Easy is a result of Hardwork and Practice for most people but is often a gift for some talented.Moral of the story is "If you are not born talented, you can be talented being more hardworking and practice more often!" http://feedproxy.google.com/~r/blogspot/JbQl/~3/IcSjYVV5G7I/quote-of-day.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/IcSjYVV5G7I" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/11/quote-of-day.htmltag:blogger.com,1999:blog-124867460805677921.post-4878165266044414148Thu, 20 Nov 2008 14:48:00 +00002008-11-21T03:32:57.131+08:00InvestmentMoney-ManagementAsset-Allocation var dc_UnitID = 14; var dc_PublisherID = 58002; var dc_AdLinkColor = 'blue'; var dc_adprod='ADL'; var dc_open_new_win = 'yes'; Interestingly I have been discussing this topic with many of my friends recently which motivate me to post it in my blog instead. Please note that this article is not for layman but for audience who is at least familiar with the Technical Jargon. However if you http://feedproxy.google.com/~r/blogspot/JbQl/~3/R1JNOhDaMHU/investment-strategy.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/R1JNOhDaMHU" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/11/investment-strategy.htmltag:blogger.com,1999:blog-124867460805677921.post-8664859193279693380Mon, 20 Oct 2008 04:14:00 +00002008-10-20T12:29:33.927+08:00InvestmentRisk-ManagementMoney-ManagementAsset-AllocationCPFI was gathering info to write my next article on Investment and came across CPF website on this topic where they even have comic version on how to diversify your investment! Wow! I feel sorry for what many people had missed by not visiting CPF website regularly. It already have a whole mountain of gold to dig with many information that will affect our way of investment regardless in Property or http://feedproxy.google.com/~r/blogspot/JbQl/~3/C8kjsbrTW6U/making-investment.htmlteaengpeng@gmail.com (TEA ENG PENG)1<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/C8kjsbrTW6U" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/10/making-investment.htmltag:blogger.com,1999:blog-124867460805677921.post-8740965157979910167Thu, 16 Oct 2008 06:51:00 +00002008-10-17T09:05:49.821+08:00InvestmentAsian Market falls much more than the US market during this financial crisis. Is there a real problem in Asian Market? Is Asian Market still attractive? I am a fan of ASIAN and Emerging market and my personal portfolio suffer a big drop but I'm holding on and in fact buying more slowly using one of my good friend Wayne Koh's recommended method - Drip In Money commonly know as Dollar Cost http://feedproxy.google.com/~r/blogspot/JbQl/~3/B8VvdxeE0Q0/is-asian-market-attractive.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/B8VvdxeE0Q0" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/10/is-asian-market-attractive.htmltag:blogger.com,1999:blog-124867460805677921.post-408644155376803505Sun, 05 Oct 2008 17:18:00 +00002009-05-15T14:16:09.668+08:00Credit-CardMoney-ManagementIf there are only 2 Credit Cards you wish put in your wallet, these are the two:1. Best Credit Card for Home use - POSB Everyday MastercardThis card give 1% rebate for your SP Services Utilities and StarHub Bills. My total expenses for these two bills add up to around $600 per month and that is $6 saving which I can use this rebate to exchange for daily necessities at Watson e.g. Toiletries.If http://feedproxy.google.com/~r/blogspot/JbQl/~3/eObE3p3GOqM/my-recommended-list-of-credit-cards.htmlteaengpeng@gmail.com (TEA ENG PENG)2<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/eObE3p3GOqM" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/10/my-recommended-list-of-credit-cards.htmltag:blogger.com,1999:blog-124867460805677921.post-7153902955452984780Fri, 03 Oct 2008 17:15:00 +00002008-10-04T02:17:12.822+08:00Credit-CardMoney-ManagementToday, I came across a website - Petrolwatch Singapore which I think is very useful to save some dollar in your Petrol by using the right Credit Card. I have posted my comment as follows:"I am a long time user and also a hardcore user of Citibank Dividend Platinum Mastercard. I strongly recommend this card if you pump ExxonMobile petrol. I notice many have question on the extra 3% rebate, it is http://feedproxy.google.com/~r/blogspot/JbQl/~3/BiNzUtd72-U/best-credit-card-discount-for-petrol.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/BiNzUtd72-U" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/10/best-credit-card-discount-for-petrol.htmltag:blogger.com,1999:blog-124867460805677921.post-1342091281871007447Thu, 25 Sep 2008 05:23:00 +00002009-05-04T10:22:27.768+08:00InsuranceTypes-Of-InsuranceEven much assurance from the media and MAS, client who holds AIA policies is still very concern. I decided to post a follow-up topic on this issue. Please bear in mind that this is only my personal opinion and might not be suitable for your circumstances. I personally hold AIA policy and I am not surrendering due to the following reasons: 1. I normally will not act when the dust is not settled http://feedproxy.google.com/~r/blogspot/JbQl/~3/C1Q18TlSL9o/will-aia-bankrupt-part-2.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/C1Q18TlSL9o" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/09/will-aia-bankrupt-part-2.htmltag:blogger.com,1999:blog-124867460805677921.post-1031463754652031257Tue, 16 Sep 2008 13:21:00 +00002008-09-16T21:52:52.585+08:00As the recent financial market is tensing up, I decided to put on hold my 5 Part series on Insurance for the time being and address the more pressing financial issue.I have receive a few call from my client on the outlook of AIA (although I am not an AIA agent) which I have explained as per the following article I found in Channel NewsAsia so I decided to post it here instead of repeating myself.http://feedproxy.google.com/~r/blogspot/JbQl/~3/yXPLk0xJzOA/will-aia-bankrupt.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/yXPLk0xJzOA" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/09/will-aia-bankrupt.htmltag:blogger.com,1999:blog-124867460805677921.post-5713211873246724058Tue, 19 Aug 2008 05:49:00 +00002008-08-19T13:52:17.686+08:00Quote-Of-The-Day"Never reject or give up a good idea too early because even the best idea need time to implement and refine based on your circumstances"http://feedproxy.google.com/~r/blogspot/JbQl/~3/2XOrErbferg/quote-of-day_19.htmlteaengpeng@gmail.com (TEA ENG PENG)0<img src="http://feeds.feedburner.com/~r/blogspot/JbQl/~4/2XOrErbferg" height="1" width="1"/>http://teaengpeng.blogspot.com/2008/08/quote-of-day_19.html