Program Content

DAY 1

The importance of taking the time and trouble to figure out what mental baggage each of us carries with us from childhood that affects our ideas about money

A brief financial planning overview

The importance of wealth protection, wealth accumulation and wealth distribution 

The Net Worth Statement and Cashflow Statement – specific uses and pragmatic steps toward constructing these vital personal financial statements

The role of liability management in any sound personal finance equation – two strategies to get consumer debts (excluding loan shark liabilities) under control including identifying bad, financially limiting habits

Goal-setting to help begin the formation of unique thinking models. Constructing a list of personal values that define who you are deep down and defining goals in a structured form that best meets your subconscious mind's requirements for maximum acceptance of conscious instructions 

The Risk-Reward Relationship

The Devadason W-A-N-T model

Risk Profile Quiz 

Investment Basics – Benjamin Graham's approach to Security Analysis and his Mr Market metaphor. Relevance of all this to contrarian investing

DCA and VCA strategies as practical ways of exploiting Mr Market

The Importance of the Relevant Investment Time Horizon

Assigning of Homework including mulling over – through intense personal mindstorming – what should be done to replace current bad financial habits with new, good ones and guidelines on how to embark upon a personal reading and self-study program over the next five years

Informal Q&A and One-on-One Consulting  

DAY 2  

Discussing Homework Insights including how best to weave the new great financial habits the class came up with into your action plan; expansion of ideas generated during personal mindstorming through group-based brainstorming

Reviewing more than half a century of EPF dividend data and tying that into the power of compound interest utilising ‘The Genghis Khan and the Time Machine' model

Delayed Gratification versus Immediate Gratification (or why does Rajen Devadason drive an old car?) and tie this in with how best to define new, challenging financial goals – for instance, raising personal savings and investment rates from perhaps 1% toward the 50% mark over a period of 12 years 

Retirement Planning Basics

Financial Modelling Examples covering Retirement Planning, Kids' Education Planning and Wealth Accumulation Planning 

A multiple intelligence quiz to help ascertain your natural strengths and weaknesses 

Diversification – across multiple asset classes

Elaboration on the pros and cons of property, direct equities, private equity, pooled investments, bonds, money market instruments and derivatives 

Insurance Needs Analysis and the Role of Wills and Trusts

Constructing and reviewing an Action List to develop an Action Plan that is immediately applicable

Guidelines on how best to continue this process of learning

Setting Optional Long-term Homework – The aim of this closing initiative will be to help the most proactive participant seriously embark upon a long-term program of reflection, incremental lifestyle and personal improvement

Informal Q&A and One-on-One Consulting

SPECIAL NOTE ON THE PROGRAM

Because long-term financial success is directly linked to enhanced self-mastery, this comprehensive workshop has also been designed to rapidly help you:

* Construct a list of personal values that define who they are deep down

* Identify any bad, limiting habits

* Navigate the process of replacing current bad habits with new, good ones

* Weave great new habits with threads formed by at least 10 new, challenging

  goals that will be set in that workshop

* Define those goals in a structured form that meets your subconscious

  mind's guidelines for the acceptance of instructions

* Embark upon a long-term program of reflection and incremental lifestyle

  and personal improvement