Investment funds like pension funds, mutual funds or hedge funds usually involve a financial adviser and a fund
management fee. However, there is a fund with soaring participation over the last 10-20 years that is not associated
with financial advisers, and maintains comparatively low management fees. These are Exchange Traded Funds (ETFs).
Similar to stocks, ETFs are listed and traded on the stock exchange and are available to all investors. Their ease of
access, index-tracking objectives and low fees have seen the amount of global assets allocated to ETFs grow to
US$2.7 trillion as of the end of 2014.
This propels the size of ETF Assets under Management to a similar level as assets held with global hedge funds. There
is a degree of overlap, with the hedge funds using ETFs to support returns pledged to their investors.
Couples ought to think and plan for retirement differently than single folks do. By making retirement decisions with a joint outcome in mind, money can last longer and both spouses can look forward to a more secure retirement. Here are five areas where couples may need to readjust the way they make retirement decisions.
Every upcoming retiree wants to know how long their money will last in retirement. To come up with a good answer, you need address all of the seven items below. The rate of return you earn on savings and investments will have a large effect on how long your money lasts in retirement.
It is generally acknowledged that Gen Xers are hugely disadvantaged when it comes to retirement security. Gen Xers entered the workforce just as companies began to abandon traditional pension plans for 401(k)s, which shift the burden of saving and investing from the employer to the employee.
After 30-plus years of working and socking away savings, you can finally see retirement on the horizon. But it's not time to coast just yet. The actions you take in the final decade before you quit working are crucial to getting the next phase off to a smooth start.
"You have the right to remain silent. Anything you say or do can and will be used against you in a court of law. You have the right to an attorney. If you cannot afford an attorney, one will be appointed to you. Do you understand these rights as they have been read to you?"
This post is in partnership with Entrepreneur. The article below was originally published at entrepreneur. . By Tor Constantino, Entrepreneur This past year marked the first full year of implementation of the Affordable Care Act (ACA), which expanded Medicaid coverage and enabled the set-up of insurance exchange "marketplaces" for individuals to select healthcare plans.
Q: ETFs seem to be taking the place of mutual funds, but my understanding is that mutual funds are still your best option if you want to reinvest dividends. Is that true? - Bill from Florence, S.C. A: Once upon a time, there was some truth to this.
After 30-plus years of working and socking away savings, you can finally see retirement on the horizon. But it's not time to coast just yet. The actions you take in the final decade before you quit working are crucial to getting the next phase off to a smooth start.
Learn the secrets to achieving financial zen
After a decade of experimenting, failing, and learning from those failures, most of us have figured out how to navigate, or avoid, the most common money mistakes by the time we hit 30. However, then we face a whole new group of challenges.
Ah, Singapore. Probably the only country in the world where you can get up to $50,000 from the SG50 Celebration Fund just to celebrate our 50th anniversary of independence. Do you know what's really crazy? Getting that money requires jumping through less hoops than getting a subsidy for your home.
In 2016, say goodbye to the "CPF Minimum Sum". And say hello to "Retirement Sum". I can just imagine how the CPF Advisory Panel started their discussion. "Okay, ladies and gentlemen, from now on, "Minimum Sum" is a bad word."
Is increase in minimum sum a bad thing? There has been much discussions on the CPF minimum sum recently again. The CPF minimum sum will be raised to $155,000 from July 2014. This amount has been raised consecutively for at least the past 10 years. From $80,000 in 2003 to $155,000 in 2014.
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By Singapore Singaporeans and Roy Ngerng (Please note that this is a two-page article.) Page 1, 2 Page 1: How You Are Made To Pay More Than Two Times The Price Of Your HDB Flat Page 2: How Your CPF Savings Gets Cut Down By Half There is something very insidious about the CPF -...
Hundreds of victims of a gold investment scam in Singapore have learned that all that glitters is not gold. Suisse International, the local company behind the scheme to turn gold bars into panda gold coins, was unregulated and on the radar of Singapore monetary authorities.
8 shocking revelations about retirement planning of Singaporean mums
Nobody wants to think about death; it's depressing and morbid. But when it sneaks up on you and takes away someone you love, you're left with emotions and sometimes, you're not sure how to handle the important things. Here are some helpful information to guide you through the process.
While you are sleeping, your insurance premiums could be earning 10% or higher returns while riding the highs of an exotic emerging market fund. Without question, most of us would choose a more conservative fund for our insurance savings. The point is, your insurance premiums no longer have to sit in low interest earning funds for several decades.
