The true value of a good financial adviser you can trust is not in the type of life insurance and investment products he sells to you. It is much more than that. If you wish to find yourself a good financial adviser, look for these three unique attributes: Knowledgeable Experienced “Good Bedside Manners” Let me…
It’s 11th September again. It has been exactly 18 years since Providend was first established as a fee-only financial advisory firm. For those who are unfamiliar, back on 11th September 2001, the celebratory yet fateful day when Providend first signed our office lease, it was also the day terrorism changes the world we lived in. Today, we would…
A few days ago, Michael Burry, a fund manager whose massively successful bet against the US subprime housing market was dramatised in the film, “The Big Short”, said that passive investing was a “bubble” that had caused investors to neglect small caps and value stocks.1 This drew an energetic response from financial adviser Joshua Brown of…
Many years ago, a foreigner made a joke about our army in front of me. He said our army is like boy scouts, only good for marching during National Day Parade because unlike other armies, we have never experience going into wars. Of course, being still an NSman, I was offended. I told him firmly…
Long-term severe disability is one of the health risks that may befall a person. Usually, this is most likely to occur when a person is older. When someone suffers from long-term severe disability, he/she would be so affected that it would be a challenge to perform even one of the following activities of daily living…
Last week, we introduced the Personal Wealth Equation to you. And if you still remember, on the investment side of the equation, there is really no need to constantly guess where the markets are going and try to time it. All you need to do is to stay invested in the right portfolio for the…
Building wealth requires understanding what matters and, at the same time, recognizing what you can control. The intersection of and distinctions between these two concepts are important to identify when making financial decisions. Watch this short video as Christopher Tan, CEO of Providend, introduces you to the Personal Wealth Equation and how it can help…
I have seen this question asked in conferences and seminars again. And Again. And Again. And somehow, I felt the people asking that question never got a satisfactory answer. The question: If I have a lump sum of money, should I invest the lump sum in one shot, or should I split them up into…
Over the years, investing has been compared to riding the waves or being on a roller coaster ride. However, at Providend, we believe that investing is more like gardening. As long as we stay rooted to the right portfolio, we will definitely reap the fruits of our labour over the long term. Watch this short…
At the dinner table some months back, my daughter suddenly blurted out that she wanted to watch a concert by Ed Sheeran. As many of us will probably know, it cost a few hundred dollars just to watch a concert like this. My son who was listening in then went on to tell her why…
