Imagine you are walking through a jungle and on your way, a storm come raging and cause damage to your planned route, you have 3 options below, which one would you choose?
- Continue with the same route
- Detour to a new route
- Give up and turn back
In this episode, I will share 3 situations you might be placed under during a market downdraft, and the important decisions you might have to make to ultimately achieve your life and money goals.
Important note: You should review your wealth plan to make necessary changes should there be the need arises.
View the full list of podcast episodes published here.
The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”.
Learn more about the book here.
Music courtesy of ItsWatR.
For more related resources, check out:
1. Conversation with Clients One Year After the Crash
2. Don’t Ever Give Up, the Market Always Recovers
3. Keeping Faith Despite the Market Downdraft
Let us assist you in taking care of your financial concerns so you can focus on what matters to you. If you would like an honest opinion on your current financial/retirement plan, insurance portfolio, investment approach and/or estate plan, make an appointment with us today.