Personal Wealth

Earlier this year, I had the chance to travel up to Genting Highlands – the City of Entertainment. We took a bus up and after weaving through a long, windy, sloping road, we finally reached the [...]

It has been a month since the CPF changes were announced, and there are still ongoing discussions in the media, online, and in various finance chat groups. With all the noise surrounding this [...]

After working hard in your career for the past 15 years, you’ve earned a well-deserved promotion to a senior level in the company. As you read through the promotion letter, aside from the [...]

It has been a month since changes made to the CPF were announced and it has sparked many discussions on retirement planning which are still ongoing on mainstream media, digital media channels and [...]

Providend has always been proud to share that we are Southeast Asia’s first fee-only advisory firm. In recent years, we have been receiving many questions about who we serve and the work [...]

Recently, my wife and I enlisted the help of my colleagues, Chin Yu and Jin, to review our family’s wealth plan. As a wealth adviser myself, it is something I passionately do day in and day [...]

On 16 February 2024, Deputy Prime Minister and Finance Minister Lawrence Wong gave his Budget Speech “Building Our Shared Future Together”. The Singapore Budget 2024 has come after a year filled [...]

The CPF changes announced during Budget 2024 have been receiving a range of opinions on the ground as Singaporeans who had “Special Account shielding” on their minds, question their [...]

For years, CPF members were able to “shield” the money in their CPF Special Account (SA) from being transferred to their Retirement Account (RA) by investing the money in excess of the first [...]

“Well, what’s that?” the man bellowed while polishing his glassware. I peeked up sheepishly from my screen, still mashing buttons and beating up digital thugs. “It’s… a Steam Deck.” I braced [...]

Until today, Providend remains the only fee-only wealth advisory firm in Southeast Asia, a model inspired by the U.S. and Australia – why is that so? For the average person seeking [...]

The philosophy of sufficiency serves as the anchor for everything we do here at Providend—whether it’s planning for our clients, investing for them, or providing advice. Sufficiency is [...]

In 2010, after the Global Financial Crisis that caused many to lose their wealth, I had an epiphany to develop the “Philosophy of Sufficiency” for my firm. It is the philosophy that [...]

The terms ‘trusted’ and ‘financial adviser’ may be seen as a paradox by some. Some might even wonder, ‘Are there really financial advisers that can be trusted?’ Just how difficult is [...]

Good friends tell you important things that are pleasing to the ears. Best friends tell you important things that are not pleasing to the ears. It is in this spirit that I’d like to warn [...]

Welcome to the FIRST episode of Providend’s Money Wisdom Podcast Season 3! For this season, we are doing things a little differently in our sharing of money wisdom with you. We will be [...]

I was born five years after Singapore’s independence. My late father came from Malacca during his teenage years to work for the Singapore Traction Company, which ran trams. It was a blue-collar [...]

Did you know that Dave Butler, Co-CEO of Dimensional Fund Advisors (DFA), was a former professional basketball player? Standing at over two metres tall, how did he come to and stay in his role at [...]

Against the backdrop of a challenging economic climate, the third quarter of 2023 witnessed a surge in retrenchments, leaving individuals grappling with financial uncertainties. Hopefully, the [...]

For most of us, the property we own is likely to be the most significant purchase we will ever make in our lifetime. From both a financial and psychological standpoint, it is also probably the [...]

It is inevitable to avoid crises or market downturns during your long-term investment journey. While we acknowledge that some turbulence is normal in any flight, it doesn’t guarantee our [...]

In the past two decades, we have not used investment-linked policies (ILPs) when constructing investment portfolios for our clients because we do not deem them suitable. However, over the years, [...]

Living a Good Life: Choosing the Right Path Over the Easy Path “A lot of people have thought about happiness and what it means to have a good life, and I would subscribe to this: We only [...]

When I was much younger, I recall my mother’s sudden request for me to accompany her on an evening stroll. It was a puzzling invitation, but I readily obliged. After all, I was eager to mention [...]

Living a Good Life: Taking the ‘Shortcut’ to Filmmaking and Creativity “It’s not about the ability to retire but also how we utilise the time while we are on this planet. In the last [...]

More often than not, many investors assume that once they have completed their wealth plan when they are younger, they do not need to revisit it. However, this is not a reliable approach to [...]

It is Saturday evening, January 28th, and I find myself sitting with a group of close friends in one of their homes. It is still the Lunar New Year season, and we are having a game of Texas [...]

Over the past months, during the various webinars that I did, I have been asked this same question several times: How does Providend ensure that our client advisers always do the right thing for [...]

As wealth advisers, we are always searching for new ways to communicate well-established ideas in a way that helps clients visualise, understand, and internalise important concepts. Metaphors, I [...]

Living a Good Life: Lessons from Travelling 50 Countries on $3,000 “Some of the guesthouses are closed due to the pandemic, so I had to pitch a tent along the road to stay a night.” [...]