Jefremy Juari - Seedly
Jefremy Juari

Land and gold has been coveted from time immemorial

Jefremy Juari

Financial Writer at Medina Books

11Upvotes

About

Land and gold has been coveted from time immemorial

Credentials

Financial Writer at Medina Books

Jefremy Juari

Financial Writer at Medina Books

11Upvotes
  • Answers (20)
  • Questions (0)
  • Reviews (1)

Insurance

Savings

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered 4w ago
Hi NSF, At your tender age, insurance companies won't bat an eye to sign you up. In my experience, between 22 to 28 you're sure to get a few bumps, i would think it's best to get a solid hospitalization insurance. Go to any Independent financial advisor, they have most of the companies in Singapore to choose from. Also an accident plan for 150 - 250 per year won't hurt. Another good idea would be a short term pay 3 generation plan, something that will offset your future hospitalization insurance premiums. Talk to a good financial consultant, preferably one that is transparent about his/her fees. All the best!

Lifestyle

Career

Salary

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 26 Jul 2019
What i would say is use those feelings of insecurity and be proactive learning how to make more. Different industries have different pay scales, e.g. For Oil and Gas technicians is between 60k and 80k but has a age limit of 45. Mariners can get anywhere between 30k to 150k. Bankers upwards of 40k, but their career is limited to market performance. Don't worry yourself about how much is the value of your time for money. Invest in yourself so that your money is turned into assets that can give you an income, then it is something to brag about, but by then you won't want people to know. Humility is security. Have faith in what you do.

Investments

Lifestyle

CPF

Savings

Expenses Tracking

Family

Retirement

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Updated on 25 Jul 2019
Hi Anon, I'm actually around the same age as you. Your priority now should be, structuring a safety net of insurance and assets. What I'm doing now is as follows : Insurance should include but not limited to; 1) hospitalization plans for the whole family - inclusive of cash riders to offset 5% co-pay and loss of salary if 1 parent need to take care of child 2) Basic accident policy (check out LONPAC) Assets should include 1) gold coins as reserve for your family 2) 1 BTC for yourself, 1 BTC for your kids 3) knowledge how to replace your salary with other income. You see, if your investments can get to 35k to 40k a year, basically you're retired. Always follow the value of your assets not your age. Anyways it's good to learn about etfs and managed funds and robo advisors, but none of them can match your own performance once you understand your options and take responsibility for your own finances.

Cryptocurrency

Trading

Investments

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Updated on 19 Jul 2019
Research genesis vision trading. Tokens available at binance @GVT coin. Good company, good passive trading. I'm not a fan of anything passive but if it's your thing, the GVT project is a good 15 minute read.

Investments

General

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 19 Jul 2019
Given the market situation and inflation between 3% - 10%. We're better off hedging the market vs riding it down. Especially when you have a shorter time frame. My suggestion would be gold in physical coins, an asset you can hold in your hands, coins have a better resale value than other gold products. Companies like bullionstar sell gold bullion coins at a percentage above market value and they also buy coins off customers. Try not to buy into gold accounts as they add another level of risk related to the holding company. There you go, inflation resistant, suitable for the choppy short term market that we are facing. Also try to have an exit value, for example you needed the monies to grow at 4% yearly, you'd want to exit or redeem your investments at any time they reach $27,000 to eliminate any further risks. In my opinion, chasing 4% to 6% profits vs resisting 3% to 10% inflation is a no brainer in a short term view. Higher upside.

Investments

Savings

Retirement

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Updated on 17 Jul 2019
Hi Liam, I was a financial consultant for a decade, recommending people insurance, managed funds, endowments, etc. What i felt was that i was doing my clients an injustice. It was simply taking their monies and pocketing into the company's and mine and investing whatever is left. Now that I've left the industry, my vision for opportunities is far wider. In the mid-term what i am doing is hedging against the currency and moving into gold, properties, masternodes and some crowdfunding causes, all with an appreciation of more than 10%. What I look for in these instruments are capital appreciation, a regular payout and a sense of control over the assets itself. Nothing is absolutely passive, spending a little time learning and being proactive can absolutely make more for a healthier bottomline. We are at the edge of a major global economic shift where fortunes are made and lost. The one who has more knowledge trumps over those who are lacking. There's my 2 cents. Hope it helps you in the long run.

Savings

Family

Lifestyle

Retirement

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 17 Jul 2019
Hi, In my opinion, there are few bases you need to cover first: - Medical insurance (hospitalization, accident, long term care, etc.) - clarify with cpf your payout level and available withdrawal amount - Legacy planning for your family, via assets or insurance or both. (will formation and communicating your plans) After you've done those, you could diversify to receive regular payouts or intensify into a business or endeavour you are passionate about. Remember to ensure sufficient funds for your base. Some alternative options to managed funds, annuities, endowments and its equivalent include but not limited to; - fixed deposits in MYR for 3 - 4% - masternodes for 5 - 8% yield, potential capital appreciation - crowdfunding 9 - 12% From experience, my personal take is to sit with 50% cash and wait for the great financial sale to happen. These are my opinions and not to be taken as financial advice.

Investments

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 16 Jul 2019
You can actually judge for yourself when is a good entry point. Understanding the fundamentals and using technical analysis we can see whether the instrument is under priced or over priced. We buy low, sell high, no one knows the exact bottom or top, but enough time analysing the markets will give you a a ball park figure. Hence why education is the best investment.

REITs

Investments

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 13 Jul 2019
Congratulations on starting your own business. As a 28 YO, I believe that you should be intensifying your investments, not diluting and diversifying. Focus on assets with regular payouts and potential for capital gain. Also reinvest in your business and plot out your exit strategy, since you already have the experience, business building and assets should be your focus in my humble opinion. There is no such thing as 100% passive income, if it is, it's a con. If inflation is 3% to 10% how does a 2% interest bearing instrument make sense?

Investments

Savings

Jefremy Juari
Jefremy Juari, Financial Writer at Medina Books
Level 3. Wonderkid
Answered on 13 Jul 2019
What 30k in cash would afford me - A USD$6000 Asset that pays out 6% p.a. with capital appreciation potential of 5x. - 10 Canadian gold maples worth $20k $1,000 monthly invested in gold savings account till my dollar total is 40k. Till then learn how to earn 20% p.a. With my 60k saved, 15k invested in crowdfunding earning 10% p.a. 15k in gold, the other half earning 20% p.a. I'd have 4 years to learn to do so. With Financial markets in a downturn, I am forced to look beyond the traditional bonds, stocks, reits, treasury notes, derivatives. At the end of year 10, i would have a cash flow of 3.3k p.a., 80k in safe assets, 44k in investment gains from 30k capital. assuming gold doesn't appreciate vs dollar In my opinion
Load more questions
Level 3. Wonderkid
11UpvotesGoal 20
9 UPVOTES TO LEVEL UP
Browse Rewards