Providend’s Money Wisdom

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 [...]

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 [...]

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 [...]

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 [...]

Having a roof over your head is one of the necessary aspects of life. However, nowadays, many people in Singapore view properties as an investment and often even prefer these over equities. So, [...]

With the latest changes to investment-linked policies (ILPs), many investors may be contemplating the inclusion of this product in their investment portfolios. This prompted our CEO, Chris, to [...]

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 [...]

At Providend, we’ve always advocated an evidence-based approach when investing your money and do not attempt to time the market. One might assume that, as long as you invest your money this [...]

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 [...]

In a previous article written for The Business Times, Chris, our CEO, explained the different ways an adviser could be compensated – commission-based, fee-based, or fee-only. However, it is [...]

After finding the right instrument to invest in, the next question many investors might have is whether they should invest their entire amount all at once (Lump Sum) or spread it out over a few [...]

The third quarter of 2023 has been a challenging three months, as the MSCI All Country World IMI Index and the Bloomberg Global-Aggregate, our references for equities and bonds respectively, both [...]

Investment-Linked Policies (ILPs) have always been a heavily debated and controversial topic among investors. To make matters worse, there are multiple types of ILPs being sold, and all with [...]

Previously from other big financial institutions, Joyce and Zhi Han both coincidentally applied for an advisory role at Providend after watching this video where Christopher, our CEO, shares the [...]

At Providend, in order to help our clients achieve enough returns in the most reliable way to enable their life goals and life events, we started using the Ibbotson-Chen Model early this year to [...]

“When I was much younger, we used to stay at a much bigger place. We had two cars and two maids, then subsequently, we just had one car, no more maid, downsized a little bit and went to rent [...]

For the past 22 years, our CEO, Christopher Tan, has always been at the front line to share more about the humble beginning of Providend and how we persevered despite all the hardships faced to [...]

With the recent COE prices reported to be at an all-time high, the idea of owning a car in Singapore has become even harder to justify. In this episode, our Client Adviser, Ray Zheng, shares the [...]

In this fast-paced financial landscape where businesses are in pursuit of faster revenue, interactions between wealth advisers and clients are highly transactional such that the value is often [...]

“When you say people get free advice here, I laughed because in the end when you think about how this world works, nobody works for free. So you are paying for what you are getting somehow. [...]

Recession, the pandemic and shifting demographics are intensifying the pressures on the ‘sandwich generation’ – those taking care of both their elderly parents and young children. This can put a [...]

Estate planning is an essential component of both life and wealth planning that is often overlooked. Neglecting this critical aspect can lead to dire consequences, leaving loved ones with [...]

As we appear to take a ‘passive’ approach to investing by not doing the typical tactical asset allocation (TAA) or market timing approach, many seem to think that nothing much is done [...]

In the past quarter, we have seen multiple trends emerging in the investment market, most notably the buzz around artificial intelligence (AI). Many investors watching the AI trend are curious [...]

The total cost of university education can range from $100,000 to $1 million in SGD today, depending on many factors such as country, university, academic field, degree level, inflation, and [...]

*Due to unforeseen circumstances, we will be postponing the episode on Investment-linked policies to a later date. Do keep a look out for it in the coming months and meanwhile, we hope you will [...]

One of the most challenging aspects of insurance planning is determining how much coverage you need. Buy too little insurance and you won’t have enough to get through a tough situation when you [...]

Did you know that back in 2013, a panel set up to review the financial advisory industry has rejected an outright ban on commission for financial advisers in Singapore? In this episode, Chris [...]

“There have been many bad money decisions because I know how to buy (stocks) but I don’t know how to sell!” In many industries like healthcare and legal, it is a norm for people [...]