Yap’s Money Life Show is a personal finance education channel with a difference that matters. Yap shares advice with you on how to apply financial planning and investment knowledge in reality.
The knowledge shared is based on actual advice, used to help thousands of fee-paying clients to grow their money with high certainty and has prevented many clients from making financial mistakes that could have cost them millions.
Yap passionately believe that holistic investment planning is the best innovation conceived by the financial services industry.
In addition to being a licensed fee-charging financial planner, Yap Ming Hui is also a regular columnist in major newspapers and bestselling author of 8 personal finance books in Malaysia. Whitman, the financial advisory company founded by Yap back in 2000, has served thousands of satisfied clients who have paid for advisory services. Learn more about Whitman at www.whitman.com.my
Thanks for sharing. Note that Muslims also have to pay annual 2.5% zakat on syariah compliant investments except for Tabung Haji and AHB investments which offer zakat deducted dividents.
Tq for the valuable insight So basically the advice is to hold small allocations across different funds that give exposure into different markets Would it be equally weighted ?
Hi Mr Yap You are one of those financial advisors who is very cautious and defensive in your investment advice. Sober advice, I would say. We need large doses of such advice, something not always palatable to a lot of people. Learnt a lot from your 1st book (years ago!) and your news columns. A humble request though, pls improve on the audio quality.
Tq for sharing..I recently withdrew all my Akaun 55 balance and transferred 90% to my ASB’s accounts and balance to UT, Wahed, Gold, TH and savings. Priority on stable divident income and capital preservation..
We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
Personally, I can connect to that. When I began working with Julie Anne Hoover, a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@@danieljackson87 Please tell me how I can think I have such skills. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.
@@danieljackson87 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Fantastic advice as always, thanks for sharing! Have to mention though that the sound is not so clear (a bit of mic echo effect?) which makes it hard to hear sometimes..
Licensed by SC, but my personal experiences with Capbay, many of SC guidelines are ignore! Many late payment notes, some ended up restructured! Whoever have investment with them kindly which every one of your note carefully!
EPF giving tiered dividends seem to be a good idea to help those from low income. But it's not fair to other people who voluntarily contibute to their own EPF and can achieve more through their own hard work. They have their own retirement goals too. As for me, I voluntarily contribute each month. I work hard to save some money to contribute each month because I know how important saving for retirement is. It's sad to see that there were people withdrawing money from EPF to get that instant gratification. And later, complaining that EPF money is not enough and that EPF should not have taken money from them. Thank you for this video, sir.
Mr Yap, you keep mentioning 7% - 9% returns in your examples for managed funds. For the past year and a half, we're witnessing negative returns in the double digits. Should we continue to dollar cost average? How are you so positive in the medium-long term outlook? Even EPF's recent 6.1% seemed like a gold mine comparatively, especially for those of us who do not contribute.
Past performance track record has shown that a well diversified global portfolio with the right strategy can achieve 7 - 9% compounded return over medium to long term. It is hard to predict any return in short period of 1 to 2 years. Dollar cost averaging is one of our recommended strategies in volatile market. Applied correctly, you will be amazed with the results.
to lower insurance premium you need to scarify on services provided by insurance agent and ensure your next-of-kin know how to claim if anything to happen to you by getting coverage from insurer like Kurnia, P&O etc. Rule of thumb: You need to do a lot of research and understand it well. Just pay insurance agent some commission if lazy to do all those works to avoid getting scam.
The ideas is to have optimum level of insurance coverage on various needs and pay necessary premium. It is never about bypassing insurance agent or financial advisor.
