Dylon Financial Planning

Li Chun 立春 also known as the “Beginning of Spring”, is the start of a new chinese solar year. During this time, farmers pray for a good harvest

There’s a belief that by depositing money into your bank account during these auspicious times (in accordance to your Chinese Zodiac), you will enjoy good fortune and stable income for the rest of the year

I thought you might find this interesting. If you’d like deposit some money for good luck; here’s a calendar, I’ve done the source comparison for you 🙌

If you find this useful, go ahead to save and forward to your friends and family!

Dylon's 5 reasons why we should not have the same investment with our Friends, Financial Advisor or Financial Gurus

1. Our goals in life are different
2. Our family conditions and starting point are different
3. Our investment experience, training and knowledge are different
4. Our attitude and philosophies towards money & investment are different
5. Our risk appetite or tolerance are different

Full article & subscribe on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7016019093359140864

https://www.linkedin.com/pulse/who-make-decisions-you-last-power-attorney-x-planning-dylon-poh-%25E5%2582%2585%25E4%25BF%258A%25E8%25B1%25AA/?published=t

Has it occurred to you that a Lasting Power of Attorney (LPA) is essential to a good retirement plan?...

What is lasting power of attorney (LPA)?

Who will make decisions for you? (Last Power of Attorney x Retirement Planning) Has it occurred to you that a Lasting Power of Attorney (LPA) is essential to a good retirement plan? What is lasting power of attorney (LPA)? The LPA is a legal instrument which allows a person who is at least 21 years of age ('donor'), to voluntarily appoint one or more persons ('donee(s)') to ma

Interestingly some of the wealthiest family around the world adopts this strategy too...

Happy New Year! It’s the first official work day of 2023, wishing you a smooth sailing year ahead ⛵

Update on GST Changes

Starting from 1 Jan 2023, transactions will reflect 8% GST
Starting from 1 jan 2024, transactions will reflect 9% GST

GST changes affects both new application & renewals
- Hospital / Integrated Shield plans
- Eldershield / Careshield supplements
- General Insurance like home / Fire / Office / Car insurance
- Investment transactions (This increase is negligible)

[You may be wondering what about life insurance, critical illness, endowment plans?]

M*F has provided an explanation

GST is a tax on domestic consumption of goods and services, and not on savings

GST is not payable for life insurance premiums because these contain a savings component. Since in practice it is difficult to separate out the savings element from the protection services offered by the insurance, the Government decided to exempt life insurance premiums from GST altogether.

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I hope you find this update useful and relevant. Should you find any message of significance, consider forwarding to friends & family as well, re-share rights granted

If you have suggestion on what type of financial update you might like to receive in 2023, do let me know, i’m open to suggestions!

[3 Problems with Whole Life Insurance]

Haven't been writing for awhile, so this is one to kickstart the engine again!

TLDR 👇
Problem 1 : Don't Fit You
Problem 2 : Drains Cashflow
Problem 3 : Under-Insurance

For Full Article : Check out link this link : https://www.dylonpoh.com/post/3-problems-with-whole-life-insurance

or visit my site : www.dylonpoh.com

3 Problems with whole life insurance Very early on in my career, i asked my trainer, whats the difference between a term and whole of life insurance? This is by far the best answer i’ve gathered in my years of work Term is like renting a house Whole of life is like buying a house In this case, the house is the insurance. It provides ...

Had an inheritance management planning with a young client recently

At some point, we will have to deal with this situation. Are we going to be ready before receiving or after receiving?

Food for thought.

Link in bio! Give me some attention please haha 🙏

What should i do with my inheritance? We have a big problem. Inheritance. Did you realise we’re in the era of wealth transfer? Money is being passed from one generation to another. The pace of wealth transfer will only get faster over the next two decades. Inheritance seems like a taboo in asian families. As children, it feels as thou...

Did u know you get obtain insurance & annuity with loan(leverage)?

This write up covers some blindspots consumers and practitioners miss out in the pursuit of returns

https://www.ifpas.org.sg/file/ISSUE10.pdf?fbclid=IwAR3opnwEYp7oPWzF6n3gcIQd_XeIpGbN99qc9c781ieFMKa2zRAgKpeOqb8

www.ifpas.org.sg

With omicron surges, in person catch up with clients gonna become rarer again

🙌 glad to be working with u on ur goals!

Thanks for recommending us together 😍

Got recommended to Weiheng because of another client!

Just realised it’s been 7 years with both of them already, glad to be part of both of their planning journey!

Started 2022 with regular client luncheons! Happy to be meeting them in person 🙂

zoom made it really productive to talk about planning

it feels really nice to catch up in person and talk about everything else!

[Personal Assistant WANTED]

Business is growing and is looking for a PA to assist with the following:

Job Description:
- Paperwork and Admin
- Admin for investment management
- Policy Summary
- Settling of Claims
- Gifts for clients (gifts/ angbaos/ calenders etc)
- Email management
- Policy quotations
- Maintaining client records and workflow SOPs
- Other adhoc matters

Requirements:
- Attention to detail
- Willing to learn
- Familiar with Social media
- Familiar with Excel
- Familiar with google drive / sheet

Compensation
- Part time: $8 - $12 per hour

Working Hours
- Part-time Position: 5 days a week, 10am - 2pm (hours can be discussed)
- Average 4-5 hours a day
- Estimated 20-25h per week

Location
- work from home arrangement

Kindly email your resume to [email protected]