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Written By: Tiang Chuan on August 24, 2008 No Comment

When it comes to building wealth, the concept of compounding cannot be emphasized enough. Even Einstein said that the power of compounding is the most powerful force in the universe!

Simply said, compounding is the effect of interest growing upon interest that is added back into the principle. Think of how loan sharks [...]

Written By: Tiang Chuan on August 15, 2008 No Comment

Do you know you can lose almost all of your assets to your creditors, including your insurance policies? Today’s Straits Times report of the seizure of fugitive ex-Citiraya boss’s assets highlighted of one of the risks consumers, particularly business owners face.

One of the ways to protect assets from creditor is to [...]

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Written By: Tiang Chuan on August 8, 2008 No Comment

Have you been approached by an insurance agent before? Most probably the answer is yes. You can see them in almost any public places, be it at bus interchanges, MRT stations, shopping malls, pedestrian walkways and even IT shows. Most will approach you asking you to take ‘surveys’ or ask questions like “Do [...]

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