MONEY WISDOM
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Achieving contentment is the biggest gain

Engaging in active pursuit of the things most important to you is beneficial when it comes to insurance and investments

    • If there are evidence-based instruments that can reliably generate long-term returns – enough for clients to meet their goals – why be exposed to investments with higher risk of loss?
    • If there are evidence-based instruments that can reliably generate long-term returns – enough for clients to meet their goals – why be exposed to investments with higher risk of loss? PHOTO: PIXABAY
    Published Mon, Mar 20, 2023 · 05:57 PM

    THIS month marks the 25th anniversary of my career in wealth advisory. Time really flies. I had a good career – not that it was worry-free. Instead, all the crises I have gone through made it good because through them, I learnt so much. The feeling of surviving and supporting clients through these difficult periods made my journey meaningful.

    There were many pivotal moments but the most significant happened sometime in 2010, just after the global financial crisis (GFC) during which many investors lost their wealth.

    I remember vividly that I was walking outside of the McDonald’s restaurant near the Tampines Bus Interchange when suddenly, an inner voice spoke to me. It went like this: “Money has been used as a weapon of mass destruction to destroy many lives in the western world. It is now coming to the East. You have the knowledge, skills, and a Monetary Authority of Singapore licence. What are you going to do about it?”

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