30th August 2022 After agreeing a price to sell his 2nd hand bike he immediately felt regret. The seller had fielded better offers. Despite believing in good faith negotiation and the saying, “my word is my bond”, the buyer raised his offer and agreed to collect the bike at the seller’s home. The beautiful Gold […]
My word is my bond….Why insurance agent rarely discuss MPF Read More »
25th August 2022 Macro uncertainties stall MPF recovery Key points are as follows: August’s estimated MPF investment loss at the time of writing is -$20.5bn (or -$4,500 per MPF’s 4.59m MPF members). Year-to-date losses, are estimated to be approximately -$174.3bn, or -$38,000 per MPF member. After factoring in MPF contributions, August’s average MPF member account
European currency’s 20-year low highlights the need for diversification Read More »
3rd August 2022 Key points are as follows: MPF’s Equity Fund (US) category produces best monthly returns since November 2020. Supported by a rebound in European and US equities MPF records only a modest investment loss of -0.10% (as measured by the MPFR All Fund Performance Index) or approximately -$1.1bn (or -$200 per MPF’s 4.59m MPF members) in July.
8.9% US equity return reinforces critical MPF lesson Read More »
