If you are 35 years old, you are likely to have just started a family. Are you having a good financial plan to take care of your family and your own savings needs for retirement? It is still not too late for you can make a review of your financial situation and change your plan for the future.
Here is a sample financial plan for a person at age 35. You can study it and understand the importance of getting a good yield on your investment (i.e. at least 4% p.a., compared to 2% p.a.). You should also study the yield that you are getting on your life insurance policy, especially if it represents the major portion of your personal savings. You should also see the monthly income that can be generated from your savings, AFTER adjusting for inflation.
You can do your own financial plan, using your past and monthly savings, and see how much you can have at retirement.
Friday, January 21, 2011
Low procreation - failure of Singapore leaders
http://thestar.com.my/news/story.asp?file=/2011/1/22/focus/7841290&sec=focus
Low procreation is a real threat in Singapore with the footloose and fancy-free young reluctant to sacrifice their comfortable way of life and leisure time to bring up the next generation.
TWO eye-catching headlines this past week read: “One million residents – or one in three – are single” and “Fertility rate sank to lowest in history”.
They may sound alarming but are just an update of Singapore’s long-term demographic plight, which appears to be deteriorating sharply despite a strong economic surge.
Low procreation is a real threat in Singapore with the footloose and fancy-free young reluctant to sacrifice their comfortable way of life and leisure time to bring up the next generation.
TWO eye-catching headlines this past week read: “One million residents – or one in three – are single” and “Fertility rate sank to lowest in history”.
They may sound alarming but are just an update of Singapore’s long-term demographic plight, which appears to be deteriorating sharply despite a strong economic surge.
Take care of your customer
I used a server at a data center operated by a company called Skydio two years ago. Their service was excellent and their charges were reasonable. Skydio was bought over by another company X a few months ago.
I had a difficult time with X. Due to the inexperience of their staff, I encountered several problems. On each occasion, their staff were focused on pushing the responsibility to the customer, rather than solving the problem, and tell the customer about the additional fee to rectify the problem. When asked, the staff were not aware about the fees. In most cases, the fees are rather high. I consider that they are holding the customer to ransom, as the server is critical for the operation.
Recently, I transferred my domain name from a previous hosting company to X. I only wanted to reduce the hassle of managing my domain names at several places. What should have been a simple operation turned out to be a nightmare. The staff of X did not handle the transfer completely. It resulted in my website being down for 2 days and my mail server down for 5 days. During this time, I had to call their support center and sales staff on more than 1 dozen occasions. They did not reply to several calls or e-mails. When we got through, their staff kept saying that there would be additional charge for each service.
I finally agreed to pay a ransom price of $54 to update 3 records to rectify the problem. This is additional cost that I would not have to pay if I had remained with the previous provider.
Many companies in Singapore are focused on increasing their revenue at the expense of the customer. This is why the cost of doing business is so high in Singapore. I wonder if some of these companies give hassle to the customer on purpose, so that they have the opportunity to levy additional fees. The culture of fleecing the customer or the public seemed to be quite prevalent in Singapore.
It is a simple matter for me to change the service provider at the end of the contract or even to incur the additional cost of early termination. But I wanted to share this experience, so that our leaders are aware about how bad things have become in Singapore over the past decade.
Tan Kin Lian
I had a difficult time with X. Due to the inexperience of their staff, I encountered several problems. On each occasion, their staff were focused on pushing the responsibility to the customer, rather than solving the problem, and tell the customer about the additional fee to rectify the problem. When asked, the staff were not aware about the fees. In most cases, the fees are rather high. I consider that they are holding the customer to ransom, as the server is critical for the operation.
Recently, I transferred my domain name from a previous hosting company to X. I only wanted to reduce the hassle of managing my domain names at several places. What should have been a simple operation turned out to be a nightmare. The staff of X did not handle the transfer completely. It resulted in my website being down for 2 days and my mail server down for 5 days. During this time, I had to call their support center and sales staff on more than 1 dozen occasions. They did not reply to several calls or e-mails. When we got through, their staff kept saying that there would be additional charge for each service.
I finally agreed to pay a ransom price of $54 to update 3 records to rectify the problem. This is additional cost that I would not have to pay if I had remained with the previous provider.
Many companies in Singapore are focused on increasing their revenue at the expense of the customer. This is why the cost of doing business is so high in Singapore. I wonder if some of these companies give hassle to the customer on purpose, so that they have the opportunity to levy additional fees. The culture of fleecing the customer or the public seemed to be quite prevalent in Singapore.
It is a simple matter for me to change the service provider at the end of the contract or even to incur the additional cost of early termination. But I wanted to share this experience, so that our leaders are aware about how bad things have become in Singapore over the past decade.
Tan Kin Lian
SEO Ireland-What Is Search Engine Optimization? | Web Design Dublin
You can compete in the search results on Google because they are committed to ranking the most relevant sites in the top positions in it’s search results.
The potential here is enormous because this simple fact means that not only can you compete but you can beat your competitors in Google’s results..if your site is deemed to be more relevant to the searchers query.
And if you build your site properly from the outset, targeting key phrases that you know you can rank for and key phrases which will deliver customers to your site, then you can easily outrank your competitors, regardless of how big their budget is.
This democratic and meritocratic feature of the search engines really throws a lifeline to the small guy and girl.
This is essentially what seo Ireland is about. If you want to learn more about how a website can enhance your business please use the contact form above because we specialize in providing small business websites for entrepreneurs, small businesses, sole traders and community groups.
Search engine optimisation Ireland Seo Dublin
Should lawyers be held accountable?
Dear Mr. Tan,
In recent years, many consumers have been cheated on land banking plots, gold bars, spas and other scams. Most of these scams involve legal documents that were drafted by big name law firms in Singapore and were created to help the creators of these scams to avoid prosecution. Surely, the lawyers know that they are abetting their clients to cheat the public?
When the scams finally failed, the culprits have absconded with the money and could not be found. However, the law firms that were involved with these crooks are still around. Can these law firms be charged for abetting the crime? Should the government authority take action?
REPLY
Yes, it is the duty of the Government to stop crime and protect the general public from being cheated. The lawyers who were involved should be held accountable to explain their action. The Law Society should also act against these law firms, so that the public can have respect for lawyers as people with honor and integrity and use their legal training in the interest of justice. They should not be acting for crooks to cheat the public.
In recent years, many consumers have been cheated on land banking plots, gold bars, spas and other scams. Most of these scams involve legal documents that were drafted by big name law firms in Singapore and were created to help the creators of these scams to avoid prosecution. Surely, the lawyers know that they are abetting their clients to cheat the public?
When the scams finally failed, the culprits have absconded with the money and could not be found. However, the law firms that were involved with these crooks are still around. Can these law firms be charged for abetting the crime? Should the government authority take action?
REPLY
Yes, it is the duty of the Government to stop crime and protect the general public from being cheated. The lawyers who were involved should be held accountable to explain their action. The Law Society should also act against these law firms, so that the public can have respect for lawyers as people with honor and integrity and use their legal training in the interest of justice. They should not be acting for crooks to cheat the public.
Harassed over an old case
A consumer received a letter from a lawyer acting for a motor workshop for a motor accident that occurred more than 6 years ago. The consumer was not clear about the validity of the case and sought my advice.
I advised the consumer to take the following steps:
I advised the consumer to take the following steps:
- Ask the lawyer to state the facts of the claim clearly in writing
- To ask them to confirm that they have a valid case
- To ask them for explanation on the delay in submitting the claim
- To send the letter to me.
It seemed that lawyers can be acting in a manner to harass the public. It is quite sad that a consumer can be saddled with this type of situation in Singapore and if they get legal advice, they can be charged an unexpected large bill. They do not seem to be any agency that the consumer can turn to for help and advice.
What has Singapore become? A place for professionals and crooks to go around to make money at the expense of the general public?
Tan Kin Lian
Read a PDF at TKL website
The TKL website is built as a PDF centric website. It uses PDF to contain information. Most of the PDF are created from Microsoft Word and can have attractive layout and images stored in a single document.
When the user click on "View" to see a PDF, by default it is displayed at the maximum zoom level. I prefer the 75% zoom level. I learned that you can set the default zoom level as follows: Go to Adobe Acrobat > Edit > Preference > Page Layout, and select this zoom level. All future PDFs will be displayed with this default.
When the user click on "View" to see a PDF, by default it is displayed at the maximum zoom level. I prefer the 75% zoom level. I learned that you can set the default zoom level as follows: Go to Adobe Acrobat > Edit > Preference > Page Layout, and select this zoom level. All future PDFs will be displayed with this default.
Scam e-mails
I receive this type of rubbish e-mail several times a day. I hope that the authority of the various countries will one day pass a law to declare this type of activity to be illegal, i.e. an intent to cheat. This will help to reduce the incidence of such activities, even if the authority is not able to catch the culprits.
Your mail ID was given 650,000.00 GBP In our Premier Oil Promo, Send Your
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