2023: The Year Of Change & High Interest Rates

2020-2022 where COVID-19 ravaged the world, uprooting global trade, travel and lives, where there were so much sufferings in health (people lost lives and lost health), lost jobs and independence when we were forced be it by law or fear to stay home. I distinctively remembered that during the early COVID years, the uncertainties the … Read more

What do you feel when and after THAT hospitalization?

Someone asked me this just the other day, and it reminded me of that experience there. It was…a surreal experience, especially when I nearly died in November 2023. I checked myself into Mount Elizabeth Novena on Sunday, 12th November 2023, when I couldnt catch my breath. For items 1-3, happened in the hospital. I was … Read more

Trust fund: get thinking and started

I’ve written a series on my thoughts on starting a trust fund, and today I want you to start thinking about it seriously, especially when you have people, organizations and causes that you care about. Dont think that nothing bad will ever happen to you, ala “smallville”, where bad things only happens to others. Dont … Read more

How much should you pay for a trust fund?

Frankly, I’ve no idea. Some companies quoted me $20K+ USD per year. Some quoted me based on percentage. Price and costs is one of the key important considerations of starting and maintaining a trust fund – if it’s too pricey, it may erode the principal value of the trust fund’s estate. Of course, sometimes its … Read more

A trust fund is about love and hope

It’s not about money only per se. It’s truly about creating a love gift that keeps on growing and gifting for years, decades and even centuries, long after me and my wife’s demise. The goal for me, is to not waste the hard works, efforts and energy that we had spent to build income, savings … Read more

How to structure generational income from the trust fund

Assuming global ETFs returns are at a conservative 6%, I may allow up to 3% drawdown to pay for expenses related to the trust fund management, and the balance of this 3% to be split into 2 portions: How to split the 90% of the drawdown post expenses Likely the idea will be based on … Read more

A well planned trust will help you transition into your next phase of life

In this case, I am 41 this year. Once I start my trust fund, say by 43, and fund it, it will bring with extreme certainty what I will be doing with my money, time and focus. It becomes so clear: And once the income from the trust fund becomes equal or more than my … Read more

A trust fund can help with preventing conflicts by bringing clarity and purpose

Without a plan, one plans to fail. That’s the reason why I am so adamant on having and building a trust fund for ourselves and our future generations. Without a purpose for trust fund and future generations, one will likely live without care for money and how it’s spent. Want to spend on that new … Read more