The fall out from unforeseen financial market crashes is real – even if it may not affect you personally.

I watched rich relatives mysteriously disappear from family gatherings while others downgraded from a 4 story Bungalow that made my legs ache climbing to a HDB flat that looked positively squalid in comparison.

I watched some arbitrage living expenses by spending half the year in Thailand/Malaysia/Vietnam. It all seems fun and games until you realise they do it because they can’t have the same standards of living in Singapore.

Few people – if any – try to understand and contain the risks to their investments in the stock market, and yet it is crucial that we maintain and search for a robust framework that can contain the risks to our invested monies.

We cannot afford to slack in this regard.

Eng Guan and Patrick are professionals whose job is