In my last 2 parts, I shared the need to initiate a conversation with your other half and to take actions as soon as possible. In this final part, I hope to touch on the topic of children. After becoming a father myself last year, I experience firsthand how my daughter becomes the centre of…
Many investors are too fixated on picking the right stocks at the right time. Instead, they should be fixated on their total return after all fees. Watch this video as Vincent Tey, Head of Advisory Team at Providend, shares why active management is a zero-sum game before cost, and the winners have to win at…
In the previous article, I shared that by starting the conversation about finances and retirement planning with your other half allows both of you to think about your desired current and future lifestyle. More importantly, how you can balance your finances to enable you to achieve the lifestyle you want for your family. As parents,…
Somewhere in the middle of last year, I met up with a friend of mine. Over coffee, she lamented, “Hey, Yong Cheng, you know I have been wanting to speak to my husband about planning for our retirement. We never got the time to sit down and talk about it because of our busy schedules….
One of the main things I talk to my clients about is their attitude to risk, after all, it’s an inherent part of investing. There is no such thing as risk-free investing. There is no ‘sure-thing’, regardless of what anyone tells you. I always make sure that my clients are fully aware of the risks…
Borrowing from the movie starring Jack Nicholson and Morgan Freeman, the following lists a number of things you should consider doing to tidy up your estate plan, if not already. If you’ve been procrastinating, hopefully, this article will push you in the correct direction. To Do No. I: Take an Inventory of Important Physical Items…
People always tell me that the financial services industry is an exciting industry to be in. Every day, either in the papers, on TV, radio or on social media, analysts will predict what will happen to the markets. Even non-professionals join in this game of guessing. In the latest run-up to where the markets will…
Many textbooks have defined investing as the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Indeed, so much emphasis has been placed on investment returns such that the other aspect of it is often forgotten. Watch this video as Evelyn Goh, Deputy CEO &…
In this sixth and final article in the Merdeka Generation series, we will be exploring estate planning – one of the most important aspects of financial planning that may often overlooked by seniors and younger people alike. Indeed, everyone needs to plan ahead and take actions while one still has mental capacity, as one never…
About a month ago, I gave a talk at the Seedly Personal Finance Festival entitled “Insurance – Cutting Out the Fluff” to an audience of almost 1200 young people. In the talk, I shared about how most of our needs can be solved by using low cost term insurances and there is no need to…
