1. Financial Freedom vs Financial Independence
Steward
Contentment
Peace
Faith
Financial Independence
Owner
Covetousness
Anxiety
Fear
CBMC Asean Convention 2016

2. Why Save & Invest (Fulfilling Stewardship Mandate of God)
To meet personal & family needs
To meet future needs
To meet the needs of others

3. 4 Levels of Spending Beyond Your Means Within Your Means
Below Your Means
As If You Have No Means

4. Misuse of Credit
Basic Root Problems
Spirit of
Materialism
Lack of
Trust
Lack of
Contentment
Get-Rich-Quick
Mentality

5. Personal Balance Sheet
Assets
Resident Property
2,500,000
34%
Car
200,000 3%
Apartment #1
2,600,000
36%
Apartment #2
1,450,000
20%
Mktble Securities
150,000 2%
POSB
5,000
0.06%
Current A/C
15,000
0.2%
Cash Value (Net)
25,000
0.3%
CPF
40,000
0.5%
Club Memberships
300,000 4%
TOTAL ASSETS
7,285,000
100%
Liabilities
Mortgage Loan
81%
O/D
600,000
19%
TOTAL LIABILITIES
3,200,000
NET ASSETS
4,085,000
Personal Balance Sheet
CBMC Asean Convention 2016

6. LIQUIDITY RISK Property Est. Market Value In Est. Forced Sale value
1996
1998 I
2,500,000
1,900,000
1,600,000 II
2,600,000
2,000,000
1,560,000
III
1,450,000
1,100,000
900,000
6,550,000
5,000,000
4,060,000
Less Liabilities of $3,200,000
Net Equity
3,350,000
1,800,000
860,000

7. JUGAS Talk - 12 March 2011
CBMC Asean Convention 2016 7

8. Peter Warburton – Debt & Delusion
The story of the western financial system since the early 1970s is one of debt addiction. In the Anglo-Saxon countries, access to affordable forms of borrowing has risen exponentially, encompassing the young as well as the old, the reckless as well as the astute. …The unpreparedness of the western world can be understood only in terms of ignorance. Most of those under 50 years of age hold only a small proportion of their assets in the form of cash and deposit. They do not appreciate how fragile the financial system has become, nor how easily the investment gains of many years could be forfeited. One day the mist will clear and the collective delusion of effortless wealth creation will be shattered. Until that day, we are living on borrowed time…..Prepare for an explosion that will rock the western financial system to its foundation.
Extract from: Debt and Delusion by Peter Warburton
First Published in 1999 by the Penguin Press

9. 8 Factors to Consider Choosing Investments
Understanding the nature of risk.
Understanding your risk profile.
Certainty of results.
Liquidity.
Hedge against inflation.
Ease of management.
Regular income vs capital gain.
Investible funds.

10. Irrefutable Principles
It is Not Always True that “The Higher The Gain The
Higher The Risks”
It is Always True that “The Faster you want your
money to grow, the higher the risks”
The More You Fear Losing Your Money, The Least
will be your return
No One Can Be Smart With His Money All The Time
(J.C. Penney)
An Investor Does Not Need To Know Everything. As
Long As He Knows Something Better Than Many Others,
He Would Have An  Edge (George Soros)

11. Four Pillars for Investment
Slides
Four Pillars for Investment
PLANNING
PRUDENCE
PATIENCE
PRAYER 11
Slides-2013 11

12. Job 31:24-28
24 "If I have put my trust in gold or said to pure gold, 'You are my security,
25 if I have rejoiced over my great wealth, the fortune my hands had gained,
26 if I have regarded the sun53 in its radiance or the moon moving in splendor,
27 so that my heart was secretly enticed and my hand offered them a kiss of homage
28 then these also would be sins to be judged, for I would have been unfaithful to God on high.