I am not an expert in teaching children. So it was a big surprise when my blog post “Another PSLE result release day” which has nothing to do with properties manages to generate so much interest. On the other hand, the comments in my last post “No new investment for retirees” prompted me to check the follower statistics of the PropertySoul facebook page. Apparently, the … [Read more...]
The wisdom of passing wealth and properties to the children
We all wish to leave something behind to our next generation. It is a gesture of love and goodwill, and how we want to be remembered. But very often, we don’t know what, when and how to give. I just read a very good legacy planning book titled Wealth of Wisdom: The Top 50 Questions Wealthy Families Ask. The book has fifty-three chapters written by different subject … [Read more...]
Thoughts from the release of PSLE results
Last Friday was an exciting day for me as I joined the parents of 38,942 primary six students who had their PSLE (Primary School Leaving Examination) results released on Black Friday. The PSLE result experience It was done in the school hall where all the pupils sat in lines on the floor. Their equally-anxious parents were seated behind at the back of the … [Read more...]
Should we give properties to our children?
Time flies. My younger girl just turned five today. Still remember my old blog post "A letter to my new born baby"? I thought I just wrote that yesterday? Five years on, when her little hand reaches for mine; when she holds me tight and plants a big kiss on my lips; when she looks me in the eyes and says ‘Mommy I love you’, I realize I must have done something really … [Read more...]
The best home for a child
A reader of my blog shares with me the dilemma that he and his wife are facing: They know they shouldn’t buy when property prices are on the way down. But they are expecting their first child and want to get a condo unit now. Buying condo for the sake of your child If you can afford a private property and you want to buy one, do it by all means. But take a step … [Read more...]