Loo Chia Ling

13/07/2024

Investing holds immense potential to build wealth and secure your future, but it can also be a source of significant stress and financial loss.

Join Yap Ming Hui, Best Selling Author and Founder and Managing Director of Whitman Independent Advisors, at our upcoming free webinar, the *Top 10 Investing Challenges Faced by Malaysians (and How to Overcome Them)*, on Sat, *27th July 2024 at 10 am* via Zoom.

Discover how to improve your investment knowledge and strategies to reduce stress and anxiety as we dive into:
• The top 10 investing challenges
• The financial impact of investing challenges
• The right and holistic solution

Have questions answered on your investments and financial planning; cryptocurrencies, unit trust, stocks, real estate, robo advisors, P2P, and equity crowd funding, forex trading, various interest schemes, and more.

Seats are limited. Register early to secure your spot. To participate, register here at: https://docs.google.com/forms/d/e/1FAIpQLScW1LkZmNvge6KXZzyszn0GXAKF51bLwAG8S_oBg8mT75v25w/viewform?usp=sf_link

See you on Saturday, July 27th at 10am!

23/04/2024

Remember the Geneva Gold scam? Don’t let scammers or risky investments (like volatile commodities or unregulated platforms) derail you from your best intentions to grow money. Knowledge is key!

Join Yap Ming Hui, Bestselling author, Founder and Managing Director of Whitman Independent Advisors, at the *How to Avoid Losing Money from Scams and High-Risk Investments* webinar on *Saturday, 4th May at 10 am*.

Here’s what we will be covering:
* The key differences between scam and high-risk investment
* Examples of investment scams
* Strategies to identify high-risk investments
* Master the 6 critical factors to filter out scams and protect your hard-earned money.
* The impact scams and high-risk investments to your financial plan.

Don't miss out on valuable insights & a chance to win Yap Ming Hui's 'Financial Freedom Investing' book! Register here: https://docs.google.com/forms/d/e/1FAIpQLScW1LkZmNvge6KXZzyszn0GXAKF51bLwAG8S_oBg8mT75v25w/viewform?usp=sf_link

Have questions about YOUR investments and financial planning? (bitcoin, unit trust, stocks, real estate and more)
Ask Yap LIVE during the webinar!

See you there!

25/10/2023

Have you ever thought about what your retirement might look like?

Your retirement years should be a time of relaxation and enjoyment, but achieving that dream lifestyle requires careful planning and smart strategies. With the rising cost of living, unpredictable market trends, and economic uncertainties, simply saving money is no longer enough to secure a comfortable retirement. Investment, when done wisely with proven strategies, can be a significant game-changer in your retirement planning

This is where our upcoming webinar, " Proven Investment Strategies to Fund Your Retirement Lifestyle," comes in. Taking place via zoom on Saturday, 28th October at 10 am, we aim to provide you with practical tips and strategies to secure your financial future and turn your retirement dreams into reality.

In this webinar, we will delve into key topics that will empower you to take control of your retirement funding. Here's what we'll cover:
• Uncover the current realities of retirement funding in Malaysia
• Understand inflation & its impact on retirement funding - What You Need to Know
• Be aware of the financial planning challenges in retirement funding
• Reevaluate retirement funding approaches - the traditional way
• Discover the practical approach to retirement funding

In addition, take the opportunity to ASK questions you may have on your investments and financial planning; crypto currencies, unit trust, stocks, ETF, real estate, REITs, robo advisors, gold, P2P lending, equity crowd funding and more during the Q&A session.

To participate in the 1hr Free webinar, register here at: https://docs.google.com/forms/d/e/1FAIpQLScW1LkZmNvge6KXZzyszn0GXAKF51bLwAG8S_oBg8mT75v25w/viewform?usp=sf_link

See you on Saturday at 10am!

27/04/2023

It’s time to rethink what you know about unit trusts because what you thought you knew may not be the entire “truth”.

Join Yap Ming Hui, Best Selling Author and Founder and Managing Director of Whitman Independent Advisors, for a FREE webinar session on Saturday, 29th April at 10 am where he would be unpacking:

- 5 'truths' about Unit Trust that could transform your investment strategy
- Top 3 pitfalls to avoid when investing in unit trust investment
- 3 key strategies to unlocking your unit trust full investment potential

Whether you're a seasoned investor or just starting out, this webinar will give you valuable new insights on unit trusts and equip you with the strategies needed to take your investments to the next level.

To participate, register here at:

Loo Chia Ling is inviting you to join a sharing session with Yap Ming Hui on Zoom. Kindly register to secure your place!

09/12/2021

Do you contribute to Private Retirement Scheme (PRS) for income tax relief purpose only?
Actually, there is more than just tax relief.

??? What is PRS ???
* It is a voluntary long-term contribution scheme
* A vehicle to help individuals build their retirement income
* It complements the mandatory EPF savings

Who can contribute?
1. Individuals
* Build another retirement fund beyond EPF
* Enjoy personal tax relief of up to RM3,000 per year
* Enjoy complimentary insurance coverage
* Money in PRS is protected from creditors

2. Employer (contributes on behalf of employees)
* a great tool to retain loyal and/or key employees
* Enjoy tax exemption for PRS contributions up to 19% of employees' remuneration

So simple - Save.Invest.Retire.Enjoy

If you are looking to maximise your YA2021 tax relief, let me know. I can help you save some tax & give a booster to your retirement saving.

08/12/2021

X'mas mood is on with pretty deco & playing Xmas songs 🎅🎄🎁⛄❤️

Jingle bells, jingle bells,
Jingle all the way.
Oh what fun it is to ride,
In a one-horse open sleigh!

🎅🎄🎅🎄🎅🎄🎅🎄🎅🎄🎅🎄🎅

Before we leap onto year 2022:
If you are looking for PRS to maximise your YA2021 tax relief, let me know. I can help you save some tax & give a booster to your retirement saving

09/11/2021

❓ Do you want to be rich? ❓

I believe everyone wants to be rich.
Poor people wants to be rich. Rich people wants to be richer. I also want to be rich 🙋🏻‍♂️🙋🏻

Being Rich = Having Money, lots of 💰💰💰 then we do not have to worry about our basic needs of air, food and shelter.

If you have 💰, but no time ⌛, then you could be a slave to money (Work, work, work, no time to spend with your loved ones or yourself for ME-time).

If you have 💰, have time ⏳, but no health, then you could be worrying about your health or lack of energy in your life.

If you have 💰, have time ⏳, have good health 🍎, then that's simply wonderful! You are leading a balance life ⚖️

Our ultimate life goal = Enjoying your money 💰 + time ⏳ + good health 🍎

Being Wealthy = Having Money + Time + Health

💡 Have the money to spend
💡 Have the time to do things we love
💡 Have a healthy body bringing us to wherever we want to go 🚶🏻🚶🏻‍♀️

❤️ With these, we all can spread more love 💕 and make this a better world 🌎for us and our future generations ❤️

Let's all be wealthy, healthy & happy 💓

14/08/2020

IF IF another OPR cut by 25bps to 1.50% happens, our OPR will be reduced from 3% to 1.5% since early year 2020.

When your existing FD (say 3% from last year) matures, the new placement will be renewed with lower rate (say 1.5%). Your returns from FD will be reduced by 50% when it matures following year.

Is it sufficient to cover your expenses?
Is it good enough to build your wealth?
IS your money working hard enough for you?

11/08/2020

On Jan 22 2020, BNM cut the OPR by 25 bps to 2.75%.
On Mar 3 followed by another 25bps reduction on March 3 to 2.5%.
On May 5, BNM slashed the OPR by 50 bps to 2.00%
On Jul 7, another 25 basis points (bps) cut to a record low of 1.75%.
Four times of OPR cut within this year.

BNM may cut OPR by another 25bps to 1.50% as early as September -- If this happens, our OPR rate will be reduced from 3% to 1.5% within year 2020. Any new FD placements will be giving much lower returns. Is it sufficient to cover your expenses or good enough to build your wealth?

Source:
https://www.theedgemarkets.com/article/bnm-cuts-opr-25bps-175 #
https://www.theedgemarkets.com/article/bnm-may-cut-opr-another-25bps-150-early-september-%E2%80%94-hlib

13/06/2020

Q: What is the 8th Wonder of the World?
A: Compound Interest

With its POWER, our MONEY can grow over time like a snowball.

10/06/2020

There is no perfect time or situation for you to begin creating and achieving your Financial Goals 🎯

🤔 Wait till I make more money
🤔 I am still young, plenty of time
🤔 I am too old already, why bother
🤔 Someday
🤔 Worry current markets are quite shaky
🤔 Wait for "best time" to invest
🤔 Etc, etc ...

The Best Time to Start Investing is RIGHT NOW; Yes, Really!
WHY:
🗝 To Financial Freedom (freedom to do what you want to do with no financial limitation)
🗝 To hedge inflation
🗝 To take advantage of the power of compounding interest