Practical Guide on Financial Planning

I wrote this book to contain tips that are important to every person, from the time that a young person starts work to the later stages of life of raising a family and approaching retirement.

The tips cover:
- need to set aside savings
- investing the savings in a low cost fund
- avoiding structured and unregulated investments
- managing risks of volatile markets
- withdrawing savings during retirement

The book cost only $12 but you will need to spend 12 hours to read and understand the concepts. This can save you a lot of money later on, by avoiding the investments that are bad for you.

The book can be ordered online here. It is an excellent gift for young people who are starting work.

I also give a monthly talk on the key principles contained in this book. The talks are organised by FISCA. Many people attend the talk to ask questions that has been worrying them, especially on advice that were given to them by financial advisers.

Tan Kin Lian