Goals

PROFILE & CURRENT STATUS

1. Singaporean working full time in the Financial Services Sector
2. Married without children

FINANCIAL GOALS

1. Gain financial freedom and retire by 55
3. Growth and Income (current)… towards the end of my investment cycle will be preservation of capital
3. Purchase a second house for the purpose of rental income

CAPITAL & OTHER NEEDS

1. Emergency reserves – 3 months worth. There are only 2 of us, no kids yet so 3 months is sufficient. 
2. Insurance coverage
  (i)  Integrated Shield Plan – Annual Premium = $500 
  (ii) Term Life Insurance – PruTerm Vantage – Plan stops coverage at 90 y.o – Sum Assured= $500,000 – Premium= $2000 annual
  (iii) Whole Life Insurance – PruLife Limited Pay – Sum Assured = $45,000 – Annual Premium= $1000 
  (iv) Housing Insurance – HPS exemption as we have ManuProtect Term Decreasing – GIRO payment – Annual Premium = $400 – Protection will end after 25 years loan period

Total Insurance Premium ~ $ 4000/ annum

HOW TO GET THERE
1. Be disciplined in investing in Singapore market (my home ground) – REITS for dividends (Current) 
2. Be a value + growth investor in the US Market (Current)
3. Mid- term Goal – Futures, Derivatives (Options) market