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Tuesday 20 January 2015
Death & Taxes
today, i couldn't get my daily news feed through reading the printed copies of The Straits Times & The Business Times which my office has a long-term subscription.
why?
i learnt that our newspaper vendor (literally) dropped dead this morning while on his rounds to deliver the dailies. i was told he suffered a massive heart attack.
my comments:
my empathies to the bereaved family and immediately, many thoughts crossed my mind like:
is the deceased the main bread winner?
how will the family cope, whether emotionally and financially?
what about their bills?
and lifestyle?
and etcetera, etcetera.
that's why in life, the only certainties are death and taxes, whether direct or indirect taxes or both.
and death is no respecter of persons, whether one is king or pauper and financial planning can no longer be viewed as an option but much more so when the big picture changes.
today, i am still more passionate in what i do as an IFA, even though i'm no longer a spring chicken having chalked up 17 years with PromiseLand Independent.
if there's one New Year resolution that need to be made in 2015, i implore my readers to not continue to procrastinate in doing their financial plan, very much like what the Nike tagline says, "Just Do It!"
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Thanks Patrick - i am one who have looked forward to your blog entries, continue writing so that we can continue learning! thanks!
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