Dear all,
This article is a summarized of today’s Sunday Times me & my money. Today Ms Lorna Tan interviewed Mr Anthony Ow, Executive Director of Insurance and Financial Practitioners Association of Singapore (Ifpas).
Family: Wife, Ms Mosy Tang, 62 retired and 2 children, Yvonne, 36 and Ian, 31.
Background: Accountant obtained from Association of International Accountant, MBA from Brunei University. GM at Novartis Nutrition Singapore, Director and Group GM at MediaStream & Executive Director @ Ifpas
Spending Habits: In his old days, he saved at least 60% of his monthly pay and almost all of his annual bonus.
Insurance Portfolio: $1million Personal Accident and critical illness cover of $100K *His only regret is he didn’t buy enough insurance* and whole life of $100K.
Investment Portfolio: Getting income streams from E, B and I. Inclusive of Paper Assets & Properties. Prefers buy and hold strategy.
Values: Frugal and believes in Education.
Max Tay
http://www.CashFlowGame.com.sg