High net worth individuals (HNWIs) are people with liquid assets in the range of $1 million and $5 million. What sets individuals with a high net worth apart from others is not just how much wealth they have, but also how they approach wealth creation and protection....

Benjamin Graham, one of the greatest investors of yesteryears, famously said, “Successful investing is about managing risks, not avoiding it.” Risk, to put it simply, is the possibility of something bad happening. In finance, risks are an inherent part of the...

It’s 2021, and a lot has changed over the years for the better in the movement towards gender equality. Women increasingly feel empowered and ready to break the glass ceiling across industries. From CEOs to heads of state and from world-class athletes to influencers,...

While the act of putting away some money every once in a while in order to save for the long run sounds simple, we find that it is harder to practice in reality. Research shows that one in five Americans barely save money, and those who do manage to save aren’t...

The year 2020 was thrown into disarray by the COVID-19 virus with far-reaching repercussions. Lockdowns and social distancing led to disrupted workforces that resulted in an economic recession, affecting millions of people worldwide. In such times, the markets are...

The financial planning requirements of the rich are vastly different and a lot more complex compared to that of a regular investor. high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) usually rely on the continuous flow of income and cash...

Earlier on, there were no retirement programs available for people to generate savings to meet expenses for when they retired and no longer earning via a stable income. Eventually, with the development of the banking system, people began saving their money in bank...

Reaching the Golden Jubilee Year is a special moment in one’s life. While celebrations are in order, it is also time to reflect on and reassess your financial goals. By the time you enter your 50s, you should ideally have a plan set in place for a majority of your...

Financial advisors are specialists that offer advice and guidance on how to best manage your money. They help you formulate a financial plan to achieve your goals at a pace that is most suitable to you. Their services include investment management, tax planning,...

The Inverted Yield Curve is an important concept in economics. Although a rare phenomenon, an inverted yield curve raises worries and concerns on what it means for the future of the economy, as it is seen as a prediction of an impending recession. Knowing about the...

Generating wealth is an important milestone in everyone’s life. However, not everyone is able to achieve this goal following the same path. You could either be fortunate to be born into a wealthy family, or you may have to build wealth on your own by following a...

An IRA (Individual Retirement Account) is a tax-advantaged account set up by investors that allows them to save money for retirement. An IRA allows tax-free growth of funds and also permits tax-free withdrawals (subject to some conditions.) IRAs are held by...