Insurance Today

I've not been the biggest fan of corporate bonds because (i) I'm not always convinced about the reasons given by the company for the need to raise money from retail investors (ii) there's too many horror stories like  Hyflux and Aspial  and (iii) too many retail investors seem to be drawn to the juicy yield payouts without properly evaluating the underlying financial health of the company. However, the latest Nikko AM SGD Investment Grade Corporate Bond ETF might just be another decent investment tool (and far more superior than any previous corporate bonds such as the ones named above) for those who have always stayed away from corporate bonds for the same reasons that I have. The IPO for this has gone live and will last from 23 July - 16 August, so that's enough time for you to do your due diligence before you decide if this investment makes sense to you. In the meantime, here's my take on the ETF: Details: - The bond is launched by Nikko AM, one of the largest ...

In a previous post , I wrote about what credit co-operatives (co-ops) do and the important role they play in society. I’ve also received some questions from readers as to whether it is worth joining a co-operative in Singapore, especially if they qualify for one. After looking through all the benefits, I’m convinced that being a member of a co-op has its benefits and privileges. Just to name a few of these benefits: ·       Gaining access to a wide range of affordable products and services ·    Financial solutions at reasonable interest rates (no need to resort to unlicensed moneylenders, please!) ·       Educational scholarships and bursaries awards ·       Hospitalisation benefits ·       Loyalty membership benefits Today, there are 66 co-ops affiliated to the Singapore National Co-operative Federation that one can choose from . Among these, there are credit co-ops that ...