Janice Yip Advisory Group

Here's a short video to get to know me better and why I am a strong believer of empowering people to live #onyourownterms You can also get to know me better via my socials: Facebook: https://www.facebook.com/jyadvisorygroup Instagram: https://www.instagram.com/imjaniceyip/ LinkedIn: https://www.linkedin.com/in/janiceyip07/

Are you attracted by the financial services industry's remuneration, flexible hours and job scope but find yourself holding back due to the need to approach your social networks? What if I told you that most successful entrepreneurs have their share of mental struggles and resistance? I was one of them. I rather stay stuck serving low income cold clients than my own social network of working professionals. The unsustainable nature of my mind block made me desperate, sales-oriented and constantly in moral dilemma with myself. Yet today, I've gained a reputation as part of the top 5% in the industry serving less than 50 clients a year. Want to know what shifted my perspective and changed my life? In this video, I share my journey especially how I transformed from an advisor whose clients only entrusted to managed 3-4 figure portfolios to one who is now managing 5-7 figure portfolios consistently.

This is a common question I get asked whenever I talk to high income individuals about investments. "I know I should invest regularly and long term. But I don't know when to sell my investments!" Everyone preaches about when to invest our money but hardly anyone talks about when they exit their investment... In this video, I touch on 3 principles I adhere to on when I sell my investments. *some context of this video: it was shot during October 2021, so content is based on markets then. The relevance of the underlying principles are still applicable today.

Are you surprised if I tell you that many of the current happily retired people grew their money through fixed deposits? Sounds crazy right considering how we keep hearing people say we need to invest our money to beat inflation? Look around you... I'm sure you know people above 65 who are financially self sufficient. These individuals may not be financially savvy but they usually are thrifty and willing to delay gratification. So why is every financial literature trumpeting the importance of investing our money when fixed deposits seems enough? In this video, I explain how the one vital lesson I learnt from current retirees and how we can replicate their success for our generation.

Ever wondered why Singaporeans may not have a high financial literacy but we have 87% home ownership? Understanding this reason plays a big role in appreciating the value of savings plans. The idea of taking up a savings plan is often unpopular due to its long lock-ins and seemingly low returns. In this video, I explain why such instruments are designed this way. I'll also explain why such instruments can help us stay unemotional, and help some of us achieve our goals.

Expats and foreigners may be covered by company benefits and as such often overlook the need to do financial planning. In fact, some staff benefits are so good, even their family members seems to be covered. Yet, the main vulnerability of people who leave their home country to work elsewhere is their incomes. We make long term decisions based on our expected incomes and if that gets disrupted, would our future plans be thrown into disarray? In this video, I discuss this often overlooked loop hole.

Many highly educated, high income people I met actually do not have a good understanding of money and have very basic financial literacy. Intrigued, I finally raised this question to some of my clients. They shared it's because their high incomes is enabling them to pay for their existing lifestyles and disciplined savings means seeing their bank balances grow. It didn't occur to them that one day they might not have income. Much more, this period of no income might be as long as their working years. In this video, I share why financial instruments is useful in retirement planning and help mitigate this risk. #unemotionalmoney #retirementplanning

Do you have this belief that insurance only benefits less affluent people who have little savings? I used to believe it's more attractive to everyday people because the wealthy have hundreds of thousands stashed in the bank. My perspective changed when my high income client wanted critical illness coverage after a health scare. Because self insuring involves using their own money to pay for healthcare issues... But they prefer using someone else's money to pay for it! Using your own money to pay for health related issues is different from using your own money to pay for a holiday.

Everyone of us have dreams we wish to fulfill. Have you ever asked yourself what would be the most efficient way to get closer to your goals? In this video, I share my personal journey and what worked for me. I believe this answer serves many others who wish to accelerate their progress towards their goals.