George Tan and Mary Chan

Only available on StudyMode
  • Download(s) : 89
  • Published : May 29, 2013
Open Document
Text Preview
| |

|FINANCIAL PLAN & MORTGAGE PLAN FOR | |GEORGE TAN AND MARY CHAN | | | |PREPARED BY: | | | | |

TABLE OF CONTENTS
FINANCIAL PLAN PREPARED FOR GEORGE TAN AND MARY CHAN3
SUMMARY3
CLIENT’S PROFILE3
RISK PROFILE ANALYSIS3
BRIEF BACKGROUND OF SELECTED INVESTMENT OPTIONS4
Starhub Ltd4
Standard Chartered Bank Singapore4
Singapore4
INVESTMENT OPTIONS5
Option 1: Invest $5,000 in Starhub Ltd’s shares for 5 years.5 Option 2: Invest $5,000 for 10 years in Aberdeen Select Portfolio - Aberdeen Pacific Equity Fund (SGD) by Standard Chartered Bank6 Option 3: Purchase Ordinary Annuity Plan of $600 for 15 years from Standard Chartered Bank6 OPTIONS ANALYSIS6

OUR RECOMMENDATION7
ADDITIONAL INFORMATION8
MORTGAGE PLAN PREPARED FOR GEORGE TAN AND MARY CHAN9
SUMMARY9
Address of abovementioned property:9
PROS OF BUYING AND RENTING A PROPERTY9
CONS OF BUYING AND RENTING A PROPERTY10
MONTHLY REPAYMENT ILLUSTRATIONS10
10-YEAR MORTGAGE PLAN11
15-YEAR MORTGAGE PLAN11
20-YEAR MORTGAGE PLAN11

25-YEAR MORTGAGE PLAN11
30-YEAR MORTGAGE PLAN12
MONTHLY REPAYMENT SCHEDULE12
OUR RECOMMENDATION13
ADDITIONAL INFORMATION14
REFERENCE LISTING15

FINANCIAL PLAN PREPARED FOR GEORGE TAN AND MARY CHAN

SUMMARY

This financial plan provides a summary of the investment objectives and considerations that were identified. It is based on the information that you have provided and we hope to achieve your financial goals with our proposed investment option.

CLIENT’S PROFILE

George Tan & Mary Chan are a newlywed couple aged 27 and 26 years old respectively. Their monthly combined income is $6,000. The main objective of investment is to grow their investment to its maximum (primary objective), and to generate additional income (income investor).

RISK PROFILE ANALYSIS

George and Mary are medium-high risk investors who believe investments should grow over a medium to long term time horizon and are willing to accept significant price fluctuations with the possibility of short-term capital loss for the potential of greater returns. Their ability to forgo this portfolio is high. This portfolio is meant to generate capital gains and investment returns, and will not be required to maintain their regular lifestyle. These investments are to eventually supplement their future income. [pic]

BRIEF BACKGROUND OF SELECTED INVESTMENT OPTIONS

Starhub Ltd

Starhub is an info-communications and entertainment service provider that offers a full range of services for both consumer and corporate markets. According to the SGX report released in November 2012, Starhub scored the highest indicative dividend yield of 5.48 per cent out of the 28 dividend paying stocks on the STI. It is also among one of those whom maintained the highest trailing dividend yields for over past 12 months.

Standard Chartered Bank Singapore

Standard Chartered Bank (SCB) opened its first branch in Singapore in 1859 and was among the first international banks to receive a Qualifying Full Bank (QFB) license in October 1999. SCB provides a comprehensive range of advisory services which includes asset allocation, FX margin trading, and funds with diversified portfolios designed to match various levels of risk tolerance.

Singapore

Singapore is the only Southeast Asian country given the highly coveted AAA credit rating by Standard & Poor’s. Singapore’s sovereignty in the investment market is due to the strong net external position and the absence of...
tracking img