{"id":16745,"date":"2021-12-11T22:01:22","date_gmt":"2021-12-11T14:01:22","guid":{"rendered":"https:\/\/kclau.com\/webinar\/?p=16745"},"modified":"2023-10-10T21:46:55","modified_gmt":"2023-10-10T13:46:55","slug":"time-value-of-money-part-2-advanced-level-of-financial-literacy","status":"publish","type":"post","link":"https:\/\/kclau.com\/webinar\/time-value-of-money-part-2-advanced-level-of-financial-literacy\/","title":{"rendered":"Time Value of Money (Part 2) &#8211; Advanced Level of Financial Literacy"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Last week, I conducted a webinar on Time Value of Money (TVM). I demonstrated five TVM formulas to do analysis and make better financial decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After the webinar, Ian, my partner, asked if the TVM formula could calculate his annual returns from an investment of a dividend stock. I was given the following details:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Investment Price = S$ 1.037 (after brokerage fees)<br>Year 1 Dividends = 7.504 cents<br>Year 2 Dividends = 7.759 cents<br>Year 3 Dividends = 8.076 cents<br>Year 4 Dividends = 8.192 cents<br>Year 5 Dividends = 8.560 cents<br>Market Price (4 December 2021) = S$ 1.87<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We need an advanced TVM formula to calculate Ian\u2019s returns.<br>Hence, in the next live webinar, I\u2019ll share how to calculate IRR and XIRR and use them to make wiser financial decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apart from Ian\u2019s investment, we\u2019ll explore:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How to use IRR to assess returns of a savings plan (with irregular premium and cash payout)?<\/li>\n\n\n\n<li>How to use XIRR to assess stocks, unit trust, properties?<\/li>\n\n\n\n<li>How to analyse the following situation where I put up the problem as homework for all attendees:<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><br>Question: Which way do you want to get paid?<br><br>A. $10,000 now<br>B. $10,100 next month<br>C. $12,000 one year later<br>D. $14,000 two years later<br>E. $5000 now, $7000 one year later<\/p>\n<\/blockquote>\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\"><span style=\"text-decoration: underline;\">ATTENTION<\/span>: The content you are currently able to view is limited because you are not logged in to our website. <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><em>We apologize for the inconvenience, but without a logged-in Premium Webinar Membership, access to our full webinar recordings, video content, and exclusive downloads is restricted. If you find our content valuable and want to dive deeper, we invite you to check out our paid membership options call <a href=\"https:\/\/KCLau.com\/webinar\/join\/\">Premium Webinar Membership<\/a>.<\/em><br><em>However, we&#8217;re delighted to inform you that attending our live webinars remains free of charge!  Trust us, it&#8217;s a game-changer for anyone serious about financial growth. To stay in the loop about our future webinars, we announce new topics every week. Make sure to follow us on <a href=\"https:\/\/kclau.com\/lp\/\">Email<\/a>, <a href=\"https:\/\/kclau.com\/telegram\" data-type=\"link\" data-id=\"https:\/\/kclau.com\/telegram\">Telegram<\/a>, and <a href=\"https:\/\/kclau.com\/fb\/\">Facebook<\/a> so you never miss out on our latest webinar invitations and announcements.<\/em><br><br><strong><span style=\"text-decoration: underline;\">If you are a paid member, please login below:<\/span><\/strong><br><div class=\"WishListMember_LoginMergeCode\"><form action=\"https:\/\/kclau.com\/webinar\/wp-login.php\" method=\"post\" class=\"wlm_inpageloginform\">\n<input type=\"hidden\" name=\"wlm_redirect_to\" value=\"wishlistmember\" \/>\n<input type=\"hidden\" name=\"redirect_to\" value=\"wishlistmember\" \/>\n<div class=\"wlm3-form\">\n<div class=\"wlm3-form-group\"><label>Username or Email Address<\/label><input name=\"log\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_log\" type=\"text\" value=\"\"><\/div>\n<div class=\"wlm3-form-group\"><label>Password<\/label><span class=\"wishlist-member-login-password\"><input name=\"pwd\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_pwd\" type=\"password\" value=\"\"><a href=\"#\" class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/a><\/span><\/div>\n\n<div class=\"wlm3-form-group\"><label><input name=\"rememberme\" class=\" form-checkbox fld\" id=\"wlm_form_field_rememberme\" type=\"checkbox\"  value=\"forever\"> Remember Me<\/label><\/div>\n<p><input name=\"wp-submit\" class=\"\" id=\"wlm_form_field_wp-submit\" type=\"submit\" value=\"Login\"><\/p>\n\n<p>\n<a href=\"https:\/\/kclau.com\/webinar\/wp-login.php?action=lostpassword\">Lost your Password?<\/a>\n<\/p>\n<\/div>\n<\/form><\/div><\/p>\n\n\n<br \/>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, I conducted a webinar on Time Value of Money (TVM). I demonstrated five TVM formulas to do analysis and make better financial decisions. After the webinar, Ian, my partner, asked if the TVM formula could calculate his annual returns from an investment of a dividend stock. I was given the following details: Investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[8779,8780,8777,8778],"class_list":["post-16745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-planning","tag-annual-returns","tag-dividend-stocks","tag-time-value-of-money","tag-tvm"],"_links":{"self":[{"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/posts\/16745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/comments?post=16745"}],"version-history":[{"count":8,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/posts\/16745\/revisions"}],"predecessor-version":[{"id":17777,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/posts\/16745\/revisions\/17777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/media\/16748"}],"wp:attachment":[{"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/media?parent=16745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/categories?post=16745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kclau.com\/webinar\/wp-json\/wp\/v2\/tags?post=16745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}