Kristal Insights5 Mins Read
Protecting Financial Wealth in the Post-Pandemic Era
Importance of Wealth Protection
Aside from the loss of human life worldwide, the pandemic has also gone as far as to squeeze some in tight financial situations, with loss of livelihood, jobs or even pushing some to the brink of poverty.
The importance of protecting one’s wealth in the post-pandemic era has received increased prominence all around the world and many are taking actionable steps to educate themselves on financial literacy, be it via online courses or reading books!
The concept of building wealth is not new, but something that all of us should strive to do on a daily basis. Whether you have just started work or you have been working for a long time, regardless of what stage of your life that you are at.
Benefits of Wealth Protection
- Being ready for any kind of economic downturn
- Hedging against the various economic solutions
It is also encouraged to start your investing journey at a young age, to leverage on the longer time horizon for one to grow your cash.
Furthermore, protecting your wealth is even more important, whether it is for the benefit of yourself or your family members. In the case of any medical conditions or critical illnesses, your family will be able to cope better financially in whatever situation.
Ideally, one should have a financial safety net, for peace of mind, and this can come in the form of investments or even insurance.
3 core areas of financial protection are:
- Life Insurance
- Critical illness
- Income protection
Keynote and Kristal.AI will be holding a webinar with panelists of distinguished speakers, featuring Dipa Swaminathan, Patricia Driver, Batya and Katia. The panelist will share their investment experience and discuss the importance of being financially independent.
Join us on the 25th of February as we learn practical tips and actionable advice from these women experts to achieve financial wellness.
The materials and data contained herein are for information only and shall in no event be construed as an offer to purchase or sell or the solicitation of an offer to purchase or sell any securities in any jurisdiction. Kristal Advisors does not make any representation, undertaking, warranty or guarantee as to the update, completeness, correctness, reliability or accuracy of the materials and data herein. All opinions, forecasts or estimation expressed herein are subject to change without prior notice. Kristal Advisors and its affiliates accept no liability or responsibility whatsoever for any direct or consequential loss and/or damages arising out of or in relation to any use of opinions, forecasts, materials and data contained herein or otherwise arising in connection therewith.
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