“She paid hundreds of dollars every month for her son’s insurance but she could not claim a single cent when he was warded. As for me, my son left the hospital three days later without me having to pay a single cent, all because I had insurance for him that cost only hundreds of dollars per year.”
“My friend who had retired from the civil service lost more than half of his pension due to poor investment decisions. He was in his mid-sixties and had to continue working.”
In this episode, I will once again delve into issues regarding insurance and investment management to emphasise the significance of having these two aspects managed right.
Important note: As a wealth advisory firm, we are not dealing with just people’s money but their lives.
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”.
Music courtesy of ItsWatR.
For more related resources, check out:
1. Providend’s Money Wisdom Podcast Episode Episode 3: The Basic Principle of Insurance Planning
2. How Providend Helps Affluent Families Have a Good Investment Experience
3. How to Build a Good Wealth Plan
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.
