BT Money Hacks

Money Hacks Ep 78: How to manage your wealth and plan your legacy

12:01 mins

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles the importance of managing your wealth and planning your legacy. It is brought to you by Opus by Prudential, which is Prudential's unique approach to wealth management and legacy planning for high net worth individuals.

Chris Lim hosts Angeline Alexander, head of high net worth and affluent segments at Prudential Singapore, on the following points:

1. What exactly is wealth management, wealth preservation and wealth transfer? (1:25)
2. Three tips for high net worth individuals to get started (3:35)
3. What is legacy planning? The new trend of high net worth clients using philanthropic pursuits to give back to the community (6:35)
4. Depending on complexity and number of heirs, Opus by Prudential brings in specialist expert panels on trusts, tax and business advisory (7:20) 
5. Plan, insure, give back: A 3-step guide to planning your legacy (9:15)

More at Opus by Prudential - https://www.prudential.com.sg/opus#!about_us

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Money Hacks Ep 77: Why sticking to an asset allocation framework is key in volatile times

12:57 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles good starter tips and discipline for asset classes and portfolio construction during this Covid-19 era.

Chris Lim hosts Asheesh Chanda, founder and chief executive of Kristal.AI, that specialises in digital-first private wealth.

1. The four pillars for asset classes and allocation during these volatile pandemic times (2:00)

2. Building a discipline of following an asset allocation framework is key to success during periods of uncertainty. What are the general rules? (3:19)

3. You can improvise after following rules of investment, but not deviate and fall into the trap of "emotional investing" (5:20) 

4. Passive and active investment approaches: What should beginner investors know and why they should avoid active approaches? (9:00)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

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Money Hacks Ep 76: Understand what products and risk profile suit you as an investor

12:57 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode tackles portfolio diversification and what products fit different profiles.

Chris Lim hosts Dhruv Arora, founder and chief executive of robo investment advisory Syfe, who explains some basic starter tips:

1. How to build a diversified e-portfolio and manage risks for products with an easy click of a cursor (1:15)

2. Why the majority of people here prefer lower-risk portfolios, useful in this Covid-19 pandemic (4:12)

3. Reits: Which kind of investor do they suit? (6:10)

4. How do you get into low-cost property investment with $50 for example, in your 20s (9:45)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks podcasts fortnightly on Mondays and rate us on:

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Website: http://bt.sg/moneyhacks

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 75: Insurance - term vs whole life, what makes sense amid Covid-19?

10:53 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode is aimed at how investors can manage risk and insurance during the Covid-19 pandemic.

Host Chris Lim speaks remotely with bionic financial adviser MoneyOwl's chief executive and chief investment officer Chuin Ting Weber.

She explains the following points:

1. Why the role of insurance is protection (2:40)

2. Why our most important financial asset is our income (3:45)

3. What does it mean to be comprehensively insured? (5:45)

4. Why term insurance is more affordable and preferable till your planned retirement age and you no longer have dependents (7:00)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 74: Why insurance is good risk management during uncertain times

10:42 min

Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips.

This episode is aimed at how to understand basic personal risk management amid the market turmoil this year.

Host Chris Lim speaks remotely with SingSaver's founder and country manager Rohith Murthy.

They tackle the following points:

1. Accept the reality that Covid-19 is a serious threat to income and jobs, and how to assess your finances (3:20)
2. Typical financial journey of a Singaporean or Permanent Resident here (4:30)
3. Why insurance is still seen here as a grudge purchase, and why it is more important in a world of uncertainty (5:15)
4. Establish the risk to your income, cash and health needs; ensure you have the right affordable policy to be protected (6:40)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Follow Money Hacks Podcast series and rate us on:

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Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 73: Fortitude and the market in Covid-19 times

12:33 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down useful financial tips.

This episode is aimed at how investors can approach the market despite the impact from Covid-19.  

On May 26, finance minister Heng Swee Keat delivered an unprecedented fourth budget, dubbed the Fortitude Budget. Together with the previous three 2020 Budgets, this year’s total comes up to almost S$100 billion. 

Host Chris Lim speaks remotely with two experts from OCBC Bank - Selena Ling, head of treasury research and strategy, and Carmen Lee, head of investment research. 

They tackle the following points:

1. What is the outlook for Singapore's economy, for the next three to six and 12 months, and what does this mean for investors?  (1:00)
2. What is the outlook like for Reits? Which Reit sectors took the biggest hit during Covid-19 and which are still attractive to investors here? (3:30)
3. What is the market expecting for corporate earnings this year? (8:08)
4. Will dividends be cut? Or even be paid out at all? (9:50)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 72: Passive vs active investing - debunking misconceptions 

12:59 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

In this episode, we talk about passive and active investing, ETFs and unit trusts. Why should the average investor care about the differences?

Host Chris Lim speaks remotely with Gregory Van, chief executive and founding partner of Endowus, the only digital investment adviser that now has a CPF investment option, as he explains the following points:

1. Understand why you have a historically proven 17% chance of "beating the market" over a 15-year period even as a professional or "active" investor (2:30)

2. What is the difference between active and passive investing? (5:53)

3. Understand the differences between cash, high-quality government debt like Singapore Savings Bonds, corporate bonds and equities (6:21)

4. How digital investment advisers can help you with lower costs and passive investing coupled with strategic asset allocation (9:40)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 71: Be a hassle-free landlord through Reit investments

11:18 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

This episode is aimed at those who are interested in investing in property through real estate investment trusts (Reits) and Chris Lim hosts Dhruv Arora, founder and chief executive of robo investment advisory Syfe.

He explains some basic starter tips:

1. What is a Reit? How it is a proxy for buying into a property without spending millions of dollars (1:02)

2. Why investing in Reits makes you virtually a hassle-free landlord (2:20)

3. Is it prudent to diversify your Reit portfolio? (3:23)

4. What is the difference between do-it-yourself Reit exchange traded fund (ETF) investing and using Syfe's new Reit+ portfolio, which can closely replicate the performance of the SGX iEdge S-Reit 20 Index? (6:24)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 70: How companies should transform during the Covid-19 circuit breaker

15:59 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

This episode is aimed at owners and management of small- and medium-sized enterprises (SMEs) and large companies.

In this episode, Ernest Luis hosts Tan Su Shan, group head, institutional banking, DBS, as she explains how there is no turning back for big and small businesses, if they are to survive the Covid-19 pandemic. 

She shares some essential tips:

1. What are the immediate action points SMEs need to work on, to survive first? (2:44)

2. What if you are an SME owner caught cold, not ready for digitalisation and worried about survival? Can banks help with digital business conversion and enable cash flow, and how that works in the F&B sector for example? (4:03)

3. Larger companies should do stress test projections for three, six and nine months, or even till at least the first quarter of 2021 (7:50)

4. Pointers for stress testing (8:52)

5. Will Covid-19 change the way companies operate permanently, and in what ways? (12:28)

Produced by: Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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Money Hacks Ep 69: Is 2020 the year for savvier DIY property hunters and sellers?

9:54 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

This episode is aimed at younger and savvier homeowners and buyers who want to explore "DIY" property transactions and save some money.

In this episode, Chris Lim hosts Lewis Ng, chief commercial officer of Carousell, who breaks down property trends for new homeowners in 2020.

1. Is there a growing preference for do-it-yourself (DIY) property listings - directly done by homeowners? (1:40)

2. What are the cost savings to be enjoyed with DIY platforms? (2:48)

3. Property shopping and buying 101: Understand your finances, speak to a bank to explore your affordability, explore agent fees or a DIY approach, public and private housing options, know income ceilings for public housing (4:01)

4. Do you also need a longer-term mindset when buying your preferred property? Check URA master plans for the area (7:26)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

Discover Money Hacks Podcast fortnightly on Mondays and rate us on:

Channel: http://bt.sg/btmoneyhacks

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Website: http://bt.sg/moneyhacks

Feedback to: [email protected]

Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.

---

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