PROVIDEND’S MONEY WISDOM PODCAST SEASON 1

In this episode, I will elaborate both sides of the money equation – left for short-term financial planning decisions and right for long-term investment decisions – and my views on the YOLO and FIRE ideologies.

In this episode, I will share the two main concerns of business owners and the need to plan for your business as early as you can, especially in the areas of its transfer and continuation plan.

In this episode, I will share a major flaw in how many parents plan for their child’s education and my advice on three important questions.

In this episode, I will walk you through some of the major considerations of tertiary education in terms of the cost, available courses, education system and more.

In this episode, I will detail the eight money archetypes and why it is essential to find out more about these unconscious patterns, beliefs and behaviours that have made you who you are today.

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.

In this episode, I will revisit the conviction of our founding members in birthing Providend as a fee-only wealth advisory firm in 2001 and how we have strived and grown to where we are today.

In this episode, I will share our philosophy of profitability and why we have transited to using low-cost instruments such as ETFs, index funds and evidence-based funds from Dimensional Fund Advisors for all our investment portfolios.

In this episode, I will share the relationship between the 3 industry players and why most distributors will get you to buy plenty of products, sometimes even with a substantial part of your wealth.

In this episode, I will reflect upon the operating processes of the financial planning and wealth management sector as compared to that of fast food production.

In this episode, I will explain the key differences between an advisory service and a sales business, considering the compensation, the way of prospecting for business and the recruitment approach.

In this episode, I will share The New Retirement Mindscape II Study conducted by Ameriprise Financial Inc. in 2010 to understand the retirement journey of individuals which consists of 6 distinct stages.

In this episode, I encourage all of us to first make a life decision and let our wealth decisions follow it. By doing so (and not the opposite!), our life, whether in retirement or not, will finish well.

In this episode, I will explain how retirees can make the investment strategy we have shared in the past few episodes work to get the expected returns.

In this episode, I will share a very important role of CPF LIFE in retirement planning — to provide retirees with a reliable income stream regardless of the financial market’s performance, for life!

In this episode, I will share how our investing approach works for our retiree clients as we hold on to the principle of staying invested (in the right instruments) and not timing the markets.

In this episode, I will explain why we use index funds by looking at the risks and costs involved, as well as its alignment with Providend’s planning philosophy.

In this episode and the upcoming ones, I will introduce you to our proprietary retirement planning methodology – RetireWell™, and how it ensures our clients have peace of mind in their retirement.

In this episode, I will share a list of works you should (at least) expect from your wealth adviser who is helping you with your investments.

In this episode, I will share the main problem associated with actively managed funds and why we have transited to mainly using ETFs, index funds, and evidence-based funds from Dimensional Fund Advisors.

In this episode, I will explain what fundamentally drives the prices of commodities and shares a practical strategy one can undertake when deciding to invest in this asset class.

In this episode, I will share the 6 key problems with hedge fund indices and explains why Providend has stopped using hedge funds for our clients since a very long time ago.

In this episode, I will explain the main driver of long-term stock market returns and why yield curve inversion is not a very reliable tool for predicting stock market crashes.

In this episode, I will share a few useful and proven ways we can deal with the risks in investments to ensure that we can sleep peacefully every night.

In this very important episode, I will use 3 case studies to take you through the 7-step process of investing in which more than half of it is risk related. Are you ready?

In the last episode, I shared 5 interesting investment lessons we can learn from football. This week, I’ll share my learnings as I braved through the jungles and mountains back when I was an army officer!

In this episode, I will share 5 interesting investment lessons we can learn from football and why, if you understand football, you will have no problems understanding investing.

In this episode, I will explain the responsibilities of a trustee and why it is so important for a trustee to understand the beneficial organisation’s investment options to make a better decision.

In this episode, I will share my professional insights on viatical and life settlements, explaining the problem with these products in terms of ethical considerations and the risks involved.

In this episode, I reflect on how foolish my decision would have been if I followed the “popular and easy” approach that many embraced after the 2008 market crash.

In this episode, I will explain why we remained largely invested and continued to encourage our clients to buy in slowly even when the markets were falling.

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.

In this episode, I will share the impact of the top 10 stock market crashes in history and my sincere advice to the investors and advisers out there when facing a market downturn like now.

In this episode, I will share what we can learn from the stock market history and my professional advice on how we should invest amidst the current falling markets.

In this episode, I hope to stress that both phases in retirement planning – accumulation and consumption, are equally important to secure retirement adequacy (not necessarily a luxurious retirement).

In this episode, I will answer some frequently asked questions on the features and concerns of CareShield Life.

In this episode, I will share the key differences between two severe disability insurance schemes – ElderShield and CareShield Life, in helping Singaporeans prepare for their long-term care needs.

In this episode, I will further elaborate on CPF LIFE – the national annuity plan which provides a way out of the longevity risk that retirees face with provision of income throughout their retirement, for life!

In this episode, I will highlight the key principle governing CPF and shares about the Minimum Sum Scheme, CPF LIFE as well as the hottest debate in 2014 concerning the interest rates we are getting from our CPF accounts.

In this episode, I will share the resources available to fulfil the three basic needs in our retirement age – a house to stay in, medical expense insurance, and a reliable monthly income stream.

In this episode, I will share the key considerations you should take into account if you own an Investment-Linked Policy given its insurance charges that increase tremendously from age 40.

In this episode, I will share how you can be adequately covered to ensure zero or low out-of-pocket expenses during a medical crisis, and to allow you to live normally until your situation gets better.

In this episode, I will present one common tactic used to simplify the way to pay estate duty – use of whole life plans. If you’re an investor of foreign assets, this information would be very useful to you.

In this episode, I hope to dispel a myth that many have believed for a long time – that insurance is a good instrument to accumulate wealth.

In this episode, I will be explaining the types and durations of our insurance needs as well as how we can prioritise one over another given our limited resources.

In this episode, I will share the comparison on how every dollar of premiums you pay is being used between whole life and term insurance.

In this episode, I will share the reasons why we have been emphasising so much on using term insurance despite the absence of a maturity benefit – one of the main reasons for its unpopularity.

In this episode, I will share the differences between medical expense insurance for local, regional and worldwide coverage as well as their underwriting requirement.

In this episode, I will list down 6 financial health markers you can use to check your financial condition and the practical ways to stay financially healthy and fit.

In the very first episode, I will be sharing my objectives of publishing the Money Wisdom book back in 2019 and an overview of its content flow so you can have a better understanding of what to expect from this podcast. A common theme throughout my book is the focus on making a life decision first and let your life decision lead your financial decisions.