Recently we've been discussing at a company level - How to describe what we do? One of the common answers is that: "We give our clients a peace of mind concerning financial matters." First of all, why do we not say, "we advise clients on financial matters?" Essentially, the word 'finance' + 'advise' put together, … Continue reading What do Financial Advisors do?
Lately I've been grappling with a financial conundrum:" Why do people take high risks even though they might lose their money?" Just last week I learnt about something called the "Money Game" among the Chinese speaking community in Malaysia. It's a ponzi scheme, everyone acknowledges it as such, everyone who went in the scheme goes … Continue reading Why do people take high risks even though they might lose their money?
Once upon a time, there was a rich merchant. He owned a trading post in the middle of a forest of dense mists. People would come to visit him on their journey North and buy supplies from him. One day, a young man came to visit him. "Sir, would you like to buy some insurance? … Continue reading Once upon a time
I have these ideas in my head when I'm doing financial planning, and they somehow connects to movies that I've seen. For this week, the inspiration comes from The 13th Warrior starring Antonio Banderas. The first quote from the movie is:" I listened!" Scene here: https://www.youtube.com/watch?v=lnnREr8BV24 Those who watched the movie will remember that the … Continue reading The 13th Warrior and… financial planning?!
Sometimes you gotta just salute the master for writing much much better than you can. http://www.thestar.com.my/business/business-news/2016/12/10/property-investing-the-moment-of-truth-is-now/
Frequently the most difficult problem faced by an advisor is facilitating emotional decisions to be made by a client. As an engineering graduate who has been thru maths, add maths, applicable maths, calculus, physics, mechanics, optics, programming, wave mechanics, particle physics, network engineering, and getting the investment prize in Certified Financial Planning exam, there is … Continue reading Emotional decisions and empathy
I always believed that financial education have a connection to spiritual wellbeing. Similiarly, spiritual maturity will translate to financial wellbeing. Hence the title of this blog: Spiritual. Financial. At first, I thought of writing this blog as a 'guide' to both those things. But after writing for awhile, I realise I am probably writing more … Continue reading New About Me Page