If you think financial planning is a simple matter of buying life insurance policies, unit trusts or equities, it is time to rethink. Especially for those without proper guidance, adopting a do-it-yourself approach in the financial planning process may have a negative impact on your financial health. This is where independent financial planners come in. But first, there must be a shift in mindset towards professional investment advice.

Source: Smart Investor

Date: January 2003

Author: Jimmy Tan

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