Like Chefs, Financial Advisers Should Be Given Their Due

Like Chefs, Financial Advisers Should Be Given Their Due

I have been advising clients since 1998. Having gone through multiple financial crises , the greatest being the Global Financial Crisis in 2008, I know through experiences and with evidences, that in order to give clients a good investment outcome, the following steps are necessary: Having a suitable asset allocation (different proportion of our money […]

Breaking the Addiction to “Active Management”

Breaking the Addiction to “Active Management”

On 22nd December last year, I invested the monies in my SRS account into one of the investment portfolios that Providend manages. About one month later on the 19th January, I went to check on how it has performed and to my pleasant surprise, it has grown 7.64%! I was very excited about it and […]

Odds In Your Favour

Odds In Your Favour

There is a Singapore tradition of a huge Hongbao Toto Draw during the Chinese New Year season. This year, the draw is on 22 February 2019 for an eye-watering $12 million. You can already start to reserve bundled packs of tickets. Will you be buying a ticket? I did so some years ago as part […]