S1E248: The 'Anti' Advisor: Why Everything You Know About Saving is Wrong

Future-proof your finances? That's what your advisor wants you to believe. Chris Miles, the anti-financial advisor, rips up the rulebook on saving for the "long haul," the myth of "money making money," and why high-risk is just high nonsense. Howie Lim gets the real cheat code from him. 

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

00:42 The 'long haul' lie: why saving for retirement can fail

02:36 Creating wealth without capital

06:17 The Cashflow Index

10:16 High risk does not mean high return

14:39 The 'cheat code': Why financial advisors hate it

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Chris Miles, CEO, Money Ripples

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim 

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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