The Foundation of Financial Planning

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The day as an Adviser

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www.fa.com.sg/chewhockbengwww.chewhockbeng.comwww.7capitalist.com

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Experience is something very personal and cannot be taught.

It teaches only to the the teachable.

Hence the teachable is able to shorten their learning curve.

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E & O.E.

The 7 stages of Life

New Born : Learner : Worker : Accumulator : Preserver : Retiree : Giver

Creation : Accumulation : Protection : Investment : Taxation : Annuity : Legacy

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What is Financial Planning?

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Clarity

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Balanced

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Focus

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Confidence

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M.A.PP.E.D.Navigating your financial future

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What is our role?

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ABCDE

The FA Model

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• The Agenda• The Process• The Service

Package

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The FP Process17

HEARDThe Financial Advisory

Process

Chew Hock Beng & Associates

Step 1Homework

Step 2Engagement

Step 3Analysis

Step 4Recommendation

Step 5Documentation

• The Agenda ☑ • The Process ☑ • The Service Package

☑

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Parting Remarks

• What's your Big Rock in life?

• Know it! Learn it! Claim it!• Standardise, then

customise!

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Thank youChew Hock Beng

B.Eng, CLU, ChFC, CFOS, CFP, FSS, LUTCF, ACBC

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“old WISDOM + New Information = Money in

the Bank”- The Old Wise Man

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Money @ work or Man @ work?The secret to wealth creation is never to spend capital.We cannot eliminate financial risks but we certainly eliminate the integrity risk.Do you want to live off the capital you have or just the interest it earns?What is risk? The ability to liquidate your portfolio for full value at any given point of time.Purchasing Power Risk & Capital Risk.The more time you have, the more your money will grow. The less time you have, the more risk you must take to reach your goal.Health or Wealth, which do you prefer?

• get it Right or get it Done?

• be a GEM, not a Vice!• less is MORE!

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