Wealth With Derrick

Wealth With Derrick I believe that financial planning isn’t just about numbers—it’s about people, purpose, and peace of mind.

Founded on principles of trust, integrity, and foresight, I guide individuals and families to make informed decisions.

13/06/2026

We all do it—wait, wait, wait, until... life happens. Then it’s really the 'Biggest Mistake.'

I've heard them all. "I'm still fit, not my time." "Ai ya, boss got buy for me." "Too much money, I prefer to go BKK and eat." (Yes, the food there is good, but hello?)

You think you are protecting your wallet now, but the only thing you are really doing is waiting. You are waiting for the price to go up, for a medical condition to make you uninsurable, and for your family to be left with the bills. Don't be that 'one story.'

Let’s be real. It’s not about if, it’s about when. Your family needs more than just your 2x salary for the next 10-15 years.

Comment "PROTECT" or DM me. Let's make sure your loved ones don't pay the price for these excuses.

09/06/2026

There’s more than one way to achieve financial independence.

Some people focus on building a large investment portfolio and withdrawing from it in retirement. Others prefer creating recurring passive income streams that cover their expenses

Which path is right for you?

In my latest article, I compare Traditional FIRE and Cashflow FIRE, highlighting the pros, cons, and considerations for Singaporeans seeking financial freedom.

📖 Read the full article and discover which strategy aligns best with your goals.
Link here: https://wealthwithderrick.wixsite.com/home/post/traditional-fire-vs-cashflow-fire-exploring-your-path-to-financial-independence

26/05/2026

Most people think investing is all about charts, stock picks, and timing the market. But according to Warren Buffett, your mindset matters even more than your strategy.

Successful investors focus on patience, discipline, long-term thinking, and continuous learning. Unsuccessful investors often chase quick wins, react emotionally, and focus only on short-term price movements.

The biggest difference?
One mindset builds wealth slowly and consistently. The other destroys it through fear, greed, and impulsive decisions.

As Buffett famously said:
“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Whether you’re new to investing or already building your portfolio, your mindset can shape your financial future more than any single stock pick.

04/05/2026

I used to think insurance was a waste of money.

Paying every year…
for something I hope never happens?

Didn’t make sense.

Until I started seeing real cases.
Families struggling with hospital bills.
Income suddenly gone overnight.
Savings wiped out in months.
That’s when it hit me.

Insurance isn’t about “getting your money back.”
It’s about making sure one bad event doesn’t destroy everything you’ve built.

But here’s the truth most people won’t say:
Not all insurance is good.
Some plans are overpriced.
Some cover things you don’t even need.
And sometimes… it’s not the plan—
It’s the person selling it.

That’s why I approach things differently.
I don’t believe in over-insuring.
I don’t believe in mixing protection with investment.

I believe in one simple principle:
👉 Protect what can destroy you
👉 Ignore what doesn’t

Hospital bills.
Loss of income.
That’s where protection matters most.

Everything else? Secondary.

Because at the end of the day…
Insurance feels expensive.
But being unprotected is something you can’t afford.

If you’re not sure whether what you have actually makes sense, I’m always open to a conversation.

No pressure. Just clarity.





30/04/2026

Most people think millionaires earn more.

But the truth?

They manage money differently.

You don’t need to be rich to start.
You just need to start early, stay consistent, and think long-term.

Because real wealth begins the moment
your money starts working harder than you.

SmartMoney FinancialPlanning BuildWealth

18/04/2026

Not everyone leaves their CPF untouched.

Some choose to grow it with intention.

Your CPF OA already gives you a steady 2.5% — that’s your foundation.

But beyond that, there are ways to potentially do more with it.

Here are 3 common approaches:
🌱 Unit Trusts
A guided way to invest globally through professional fund managers.
Platforms like iFAST Corporation (FSMOne) make it easy to explore and compare options in one place.

🧩 Insurance-Based Plans
Structured solutions like ILPs or endowments that combine investing with discipline and guidance over time.

🏛️ Singapore Government Bonds & T-Bills
A more conservative approach — stable, reliable, and a possible step up from CPF’s base interest.

The goal isn’t to take unnecessary risks.

It’s about understanding your options…

and deciding how you want your CPF to work for you.
Some prefer simplicity.
Others prefer growth.

👉 Both can be right — when it fits your plan.

If you’re unsure where to start, I'm happy to walk through it with you.

📩 DM me or drop me a message — let’s explore what makes sense for your situation.

16/04/2026

How much life insurance coverage do you really need?

According to MoneySense, a good starting point is 9X your annual income.

Why 9X?

Because it’s not just about replacing income — it’s about protecting your family’s lifestyle, future plans, and peace of mind.

Here’s what that could look like:
• S$250,000 → from ~$109/year
• S$500,000 → from ~$203/year
• S$750,000 → from ~$291/year

That’s less than what many people spend on subscriptions or dining out each month.

The question isn’t “Do I need coverage?”

It’s: “If something happens, will my loved ones be okay financially?”

Start simple. Start smart.
Protect what matters most.
If you’re unsure how much coverage fits your situation, I’m happy to help you calculate it.

Financial freedom isn't just about having a large bank account—it’s about having the power to control your time. Imagine...
15/04/2026

Financial freedom isn't just about having a large bank account—it’s about having the power to control your time. Imagine a life where you choose what you do every day, not because you have to, but because you want to.

True independence means building a foundation where your lifestyle is supported by smart investments and consistent cash flow, rather than just a monthly salary. It takes three key pillars to get there:
Consistency: Showing up for your goals every single day.
Discipline: Making the hard choices now for a better future later.
The Right Financial Habits: Building a clear process through smart decision-making.

The journey is a marathon, not a sprint, but the destination is worth every step. Are you ready to take control of your future?

15/04/2026

Financial freedom isn't just about having a large bank account—it’s about having the power to control your time. Imagine a life where you choose what you do every day, not because you have to, but because you want to.

True independence means building a foundation where your lifestyle is supported by smart investments and consistent cash flow, rather than just a monthly salary. It takes three key pillars to get there:
1. Consistency: Showing up for your goals every single day.
2. Discipline: Making the hard choices now for a better future later.
3. The Right Financial Habits: Building a clear process through smart decision-making.

The journey is a marathon, not a sprint, but the destination is worth every step. Are you ready to take control of your future?

Most people in their 30s are doing “okay” financially…But behind the scenes, many are making a few silent mistakes that ...
14/04/2026

Most people in their 30s are doing “okay” financially…

But behind the scenes, many are making a few silent mistakes that can cost them years later.
The scary part?

You won’t realise it until something happens.
If you’re working, saving, and trying to do your best — this is for you.

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