Personal Finance
Similarities between botched plastic surgery and botched financial plan (or lack of it)
By Wilfred Ling, The IFA on Duty  •  May 20, 2014
plastic faceI read with interest in a recent article from Sunday Times on 11 May 2014 – “Beauty quests that end in tears”[1]  and “The dark side to the pursuit of perfection”[2]. The articles were on the obsession with plastic surgery in South Korea and how a number of Singaporeans who traveled to the country only to come back with a botched face. As I read those articles, I thought I was reading about the sad state of affairs in Singapore relating to the financial advisory! Here are some similarities between botched plastic surgery and botched financial plan:
On Botched plastic surgery (quotations based on the above ST articles) On Singapore'’s botched financial industry
"Double eyelid surgery here, for instance, usually costs $6,000. In Korea, it can be done for $3,000.”" On the surface, the consultation fee for financial advice $0. But in reality it actually cost ...
...
Read the full article
By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance