Personal Finance
government pledges better life for all
By Patrick Lim  •  October 10, 2011
in his message on the occasion of the opening of the 12th parliament, our new president, dr tony tan keng yam spoke on the government's program for the coming 5 years, promising of 'a better life for all'. one of the issues he touched on was on the new political environment and one important platform for engagement being the new media. on this, dr tony tan said; "on the internet, truth is not easily distinguished from misinformation. anonymity is often abused. harsh intemperate voices often drown out moderate, considered views. other countries struggle with this problem too. we must find ways to use the new media constructively, to connect with the digital generation and sustain fruitful conversations on issues concerning us all." my comments: if we relate what dr tony tan has highlighted with regard to the new media and specifically to insurance, i'm deeply troubled that many consumers ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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