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. Important note: The key to helping our clients achieve their financial goals is to really ensure that they stick to their wealth or investment plan. 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: Sim...
Dec 02, 2022•13 min•Season 1Ep. 46
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. 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”. View the full list of podcast e...
Nov 25, 2022•12 min•Season 1Ep. 45
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. Important note: In reality, it is the advisory industry that is not ready, not Singaporeans. 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”. View the full list of...
Nov 18, 2022•12 min•Season 1Ep. 44
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. Important note: Low-cost investment instruments have proven to better deliver the expected returns for our clients than high-cost actively managed funds. The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory ...
Nov 11, 2022•12 min•Season 1Ep. 43
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. Important note: Choose your wealth manager wisely, do not become a victim of bad wealth management practices. 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”...
Nov 04, 2022•19 min•Season 1Ep. 42
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. Important note: Understanding a client’s need for returns as well as his ability and his willingness to bear risks must be done before any recommendations are given. 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 F...
Oct 28, 2022•10 min•Season 1Ep. 41
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-seaso...
Oct 21, 2022•17 min•Season 1Ep. 40
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. To learn more, download our RetireWell eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Si...
Oct 14, 2022•11 min•Season 1Ep. 39
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. To learn more, download our RetireWell eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Si...
Oct 07, 2022•13 min•Season 1Ep. 38
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. To learn more, download our RetireWell eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and au...
Sep 30, 2022•9 min•Season 1Ep. 37
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! To learn more, download our RetireWell eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Singap...
Sep 23, 2022•7 min•Season 1Ep. 36
In the event of mismanagement of their retirement monies, retirees might not be able to accumulate sufficient sums for their retirement again because of their advanced age. With that in mind, 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. Important note: We use financial instruments that are evidenced-based, boast good performance track records and are low-cost to give...
Sep 16, 2022•11 min•Season 1Ep. 35
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. To learn more, download our RetireWell eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory f...
Sep 09, 2022•9 min•Season 1Ep. 34
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. To learn more, download our RetireWell™ eBook now! https://providend.com/publications/#retirewell (It consists of 11-part articles written by Chris and were featured on The Business Times every month for almost a year in 2017) The host, Christopher Tan, is Chief Executive Officer of Providend, Singapor...
Sep 02, 2022•13 min•Season 1Ep. 33
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Aug 26, 2022•7 min•Season 1Ep. 32
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast...
Aug 19, 2022•11 min•Season 1Ep. 31
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy...
Aug 12, 2022•14 min•Season 1Ep. 30
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of I...
Aug 05, 2022•8 min•Season 1Ep. 29
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy o...
Jul 29, 2022•10 min•Season 1Ep. 28
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Jul 22, 2022•10 min•Season 1Ep. 27
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? 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of Its...
Jul 15, 2022•16 min•Season 1Ep. 26
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! 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcas...
Jul 08, 2022•15 min•Season 1Ep. 25
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy ...
Jul 01, 2022•12 min•Season 1Ep. 24
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season...
Jun 24, 2022•14 min•Season 1Ep. 23
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Mu...
Jun 17, 2022•9 min•Season 1Ep. 22
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Jun 10, 2022•9 min•Season 1Ep. 21
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
Jun 03, 2022•9 min•Season 1Ep. 20
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-...
May 27, 2022•15 min•Season 1Ep. 19
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Musi...
May 20, 2022•11 min•Season 1Ep. 18
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. 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”. View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-1/ Music courtesy of ItsWatR....
May 13, 2022•17 min•Season 1Ep. 17
