Qs Group Project 2013

Contents

Financial Plan for Investment………….………………………………………………………….3

Executive Summary 3

Table 1: Three option on the investment 3

Introduction…………………………………………….…………………………………………...4

M1 Limited..………………………………………………..……………….………….……...4

OCBC Bank ………….…………………………………..……………….………….……...4

Singapore Government…………………………………..……………….………….……...4

Calculation………………………………………………………….………….……………………5

Table 2: Three option to calculate of the expected future value 5

Calculation of Expected Future Value and Compund Interest……………………………5

Chart 1: Total Investment, Expected Future Value and Compound Interest 6

Conclusion for Investments………………………………………………….…………………….7

Recommendations 7

Advice before making a final decision 7

Financial Plan for Mortgage Loan………………………………………………………….……..8

Executive Summary 8

Table 3: Information of two ideal houses between renting and buying 8

Calculate the differences between owning a flat and renting a house 8

Table 4: Information gathered from five bank for calculation 8

Calculation.. ………………………………………………………….…………………………….9

Calculation of Monthly Payment Mortgage for five bank 9

Table 5: Result from the calculation 11

Chart 2: Differences between rental and monthly payment 12

Chart 3: Total Amount of interest paid with the five bank of the loan………………….12

Conclusion for Mortgage Loan………………………………………...………………………..13

Recommendations 13

Advice before making a final decision 13

Appendix……………………………………………………………………………….………….14

FVIFA Table (up to to 10%,100 Years) 14

References…………………………………………………………………………….................18

Reference List 18

Financial Plan for Investment

George Tan and Mary Chan are newlywed. They earn a combined income of $6,000 per month and intend to invest part of their income either stock fund or bank annuities. Thus, they approached us to advise them to make the right decision in investing.

As per George and Mary given information of the investment, they have selected M1 Limited as a company listed...