Peace of mind from financial headache, what is the price to pay?

No, I am not talking about insurance. Even though some insurance company market the “peace of mind” slogan to entice you add insurance coverage. What I mean is peace of mind from financial headache. Be careful when you read the statement. Peace of mind, not worry free or financially free. Example. Your housing debt is …

Code of ethics as Financial Planner

Principle 1 – Client FirstPlace the client’s interests first. Act honestly and not place personal gain or advantage before the client’s interests. Principle 2 – Integrity Provide professional services with integrity. Conduct all dealings with honesty and strong moral principles, by adhering to Code of Ethics. Integrity cannot co-exist with deceit or subordination of one’s …

At the first place, do you even know your own expected return?

If the investment provides potential 20% return, the probability is 80%, so you are expecting 16% of return. Right? Did you set your own benchmark? No? So what is the basis if your investment? Expected return is the measure, by your standard, of what return that makes you happy. Let’s say you expect return of …

Hibah Amanah Tabung Haji

Berita baik! Tabung Haji (TH) sudah memberi nilai tambah perkhidmatan hibah amanah kepada pemegang akaun TH. Kemudahan ini amatlah saya anjurkan terutama kepada pasangan yang masih mempunyai anak di bawah umur 18 tahun. Bergantung kepada keadaan financial standing anda, hibah amanah ini akan memudahkan aturan pemindahan milik baki akaun kepada anak anda, dan melantik penjaga …

Ignorance vs knowledge

I am an advocate to fight common ignorance to the right approach of personal finance.   This page is designed to do just that – fight ignorance, and replace it with proper knowledge and understanding of financial planning, which is widely recognised and practised by international financial planning communities. To be honest, we are, including …

Benefit of being mortal

Today I received a disheartening news of passing away of a family member. A sad news indeed to lose a living body that always smiles and encouraging. Full of encouragement and to me personally, symbolise what hardwork and what focus is all about. We are all mortal. The fact that we will pass on one …