Alvin Soong’s Blog

Section 61 of the Insurance Act allows, although not compels, the Company to pay up to $150,000 to a proper claimant without the production of the Grant of Probate or Grant of Letters of Administration.
Thus, if the claim amount is less than $150,000, the full amount may be paid to the proper claimant. For […]

INVESTORS rode the bulls with a vengeance yesterday to drive stock markets to levels not seen since the global financial system hovered on the edge of a cliff last year. Good economic data and better-than-expected corporate profits ignited a region-wide buying spree that has been simmering on and off for weeks.
The numbers racked up on […]

In Appreciation of my clients who have been referring the top referrals to me, I have bought several tickets for their families. A total of 40 tickets were given out to the best of my clients who have supporting me all these years and have been referring top valued clients to me. These people have […]

I would be furthering my exams in CLU to enhance my current credentials in ChfC. During this 1 1/2 month, I would be slower in updating the blog.
Meanwhile just to share a few books I recently see in Borders that are quite good to understand the financial industry and the fall of investment banking […]

With banks (eg POSB) giving only 0.125%, many are looking for ways to increase their savings. We encourage the following ways in a low risk and/or gauranteed manners:
1. Place in sibor-rate or money market funds
These would range between 0.4%-0.7%pa and are flexible to withdraw.
2.Fixed Deposits
Most banks offer 0.6-0.9%pa. There is a min. lock in period […]