8 HUAT Secrets to Financial Triumph in 2024! February 2, 2024

8 HUAT Secrets to Financial Triumph in 2024!

As we embark on a new year with hopes of new possibilities, many individuals set New Year’s resolutions and goals, for self-motivation.

While health, personal growth, and career objectives often take precedence, it is important not to neglect our financial aspirations. Rest assured, PhillipCapital has you covered with 8 HUAT Secrets for achieving Financial Triumph, to ensure a prosperous beginning to your 2024 journey!


1. Surefire Returns:

Life is full of uncertainties, but at PhillipCapital, you can step into a zone of assurance, by benefiting from our recent promotion with Smark Park that provides a guaranteed 6% p.a. returns for the 90-day period. This is not merely an investment opportunity; it’s a commitment to financial growth, laying the groundwork for your prosperous future.


2. Diversify Your Portfolio:

Just as setting diverse new year resolutions can enhance your life in the new year when you achieve them, you can also make a conscious effort to diversify your investment portfolio with SMART Park. Through eligible life insurance policies, you can ensure the restoration of your loved ones’ well-being will be covered while you diversify your investments for long-term stability.


3. Passive Income Potential:

Starting on a new year’s resolution can be challenging. However, persevering through difficulties will yield benefits. Similarly, SMART Park goes beyond generating better returns for our cash , unlocking avenues for passive income through the Phillip Money Market fund (PMMF) – an Excess Fund Management Facility that automatically invests and manages your Idle Cash at its discretion.


4. Financial Security Through Safe Investing:

It’s crucial to set and prioritise realistic resolutions, as unrealistic goals may result in frustration and detract from a positive outcome. At PhillipCapital, we prioritise your financial security. Phillip Money Market Fund (PMMF) aims to preserve principal value and maintain a high degree of liquidity while producing returns comparable to that of Singapore Dollar savings deposits. The Fund will invest primarily in short term, high quality money market instruments and debt securities. Such investments may include government and corporate bonds, commercial bills and deposits with financial institutions.


5. Limited-Time Exclusivity:

Timing is crucial when pursuing your resolutions. It may be tempting for you at times to procrastinate, thinking, “I’ll do this another day.” However, as the saying goes, “Time is money”, time is invaluable; once it slips away, there’s no way to reclaim it. Rather than delay taking action, seize the moment! This guaranteed 6% p.a. returns promotion is available only for a limited time—from now until 31 March 2024. Don’t allow this chance and time to slip away; take action to secure your financial future now.


6. Qualifying Policies Tailored for You:

Life is ever-changing, and situations may evolve. Being adaptable and open will help you be ready to modify your resolutions when necessary. At PhillipCapital, we recognise that there is no one-size-fits-all as everyone’s financial needs and goals differ. The eligible life insurance policies offered under this promotion range from savings to retirement and investment-linked policies, ensuring a diverse selection that can be tailored for your financial needs.


7. Low Entry to Guaranteed 6% p.a. Returns:

The success of achieving a resolution often depends on its sustainability and personal relevance. Start with manageable steps – like drinking more water, into your daily routine for a healthier lifestyle or taking a brief 5-minute break to unwind during work.

At PhillipCapital, we’ve simplified the process of achieving 6% p.a. returns for you. Begin by purchasing a qualifying insurance plan — Single Premium S$30,000 or Annual Regular Premium S$6,000 for a minimum of 5 years. Subsequently, deposit fresh funds (from as little as S$1,000, capped at S$50,000) into your Phillip account and opt into the SMART Park Excess Funds Management Facility. Your 90-day period of 6% p.a. guaranteed returns will commence 14 days after the successful inception of your qualifying insurance plan. All that’s left is to maintain your deposit in the account for the same duration of 90 days to earn 6% p.a. for 90 days.


8. Holistic Financial Empowerment:

Finally, while accomplishing resolutions is commendable, it’s not the most crucial. Resolutions serve as a means to identify various areas in our lives, to foster personal growth and development so that we can invest in ourselves and, ultimately, in others. The guaranteed 6% p.a. returns promotion isn’t just about increasing your income; it’s centered on holistic financial empowerment. It equips you with the tools to confidently navigate life’s uncertainties, secure in the knowledge that your financial foundation is robust.

In conclusion, the 8 HUAT Secrets for Financial Triumph in 2024 offer a holistic approach to prosperity. From surefire returns to portfolio diversification through SMART Park, each aims to empower your financial journey. Seize the limited-time opportunity to diversify and secure your financial future. Wishing you success in your New Year resolutions! Find out more about our ongoing SMART Park promotion here.


Contributor:

8 HUAT Secrets to Financial Triumph in 2024!

Alice Tng
Wealth Manager
Phillip Securities Pte Ltd (A member of PhillipCapital)
https://bit.ly/TTPalicetng

Disclaimer

These commentaries are intended for general circulation. It does not have regard to the specific investment objectives, financial situation and particular needs of any person who may receive this document. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person acting based on this information. Opinions expressed in these commentaries are subject to change without notice. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in these commentaries are not necessarily indicative of future or likely performance. Phillip Securities Pte Ltd (PSPL), its directors, connected persons or employees may from time to time have an interest in the financial instruments mentioned in these commentaries. Investors may wish to seek advice from a financial adviser before investing. In the event that investors choose not to seek advice from a financial adviser, they should consider whether the investment is suitable for them.

The information contained in these commentaries has been obtained from public sources which PSPL has no reason to believe are unreliable and any analysis, forecasts, projections, expectations and opinions (collectively the “Research”) contained in these commentaries are based on such information and are expressions of belief only. PSPL has not verified this information and no representation or warranty, express or implied, is made that such information or Research is accurate, complete or verified or should be relied upon as such. Any such information or Research contained in these commentaries are subject to change, and PSPL shall not have any responsibility to maintain the information or Research made available or to supply any corrections, updates or releases in connection therewith. In no event will PSPL be liable for any special, indirect, incidental or consequential damages which may be incurred from the use of the information or Research made available, even if it has been advised of the possibility of such damages. The companies and their employees mentioned in these commentaries cannot be held liable for any errors, inaccuracies and/or omissions howsoever caused. Any opinion or advice herein is made on a general basis and is subject to change without notice. The information provided in these commentaries may contain optimistic statements regarding future events or future financial performance of countries, markets or companies. You must make your own financial assessment of the relevance, accuracy and adequacy of the information provided in these commentaries.

Views and any strategies described in these commentaries may not be suitable for all investors. Opinions expressed herein may differ from the opinions expressed by other units of PSPL or its connected persons and associates. Any reference to or discussion of investment products or commodities in these commentaries is purely for illustrative purposes only and must not be construed as a recommendation, an offer or solicitation for the subscription, purchase or sale of the investment products or commodities mentioned.

About the author

Alice Tng
Wealth Manager
Phillip Securities Pte Ltd (A member of PhillipCapital)

Alice spent 12 years in the advertising industry before transitioning to a career in financial advisory in November/December 2019. Throughout the COVID-19 pandemic, Alice gained firsthand experience in understanding how wealth management can safeguard finances against death, disability, and critical illness. She also witnessed the role of investing in mitigating the risk of inflation and unforeseen retirement expenses.


Leveraging her financial knowledge and experience, Alice assisted clients, family, and friends in strategically positioning themselves for the new normal through holistic financial planning with a long-term outlook. She is enthusiastic about continuing to offer clients sound financial advice, empowering them to effectively manage their wealth.


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