Have You Planned For Longevity?

With the pandemic affecting all aspects of our lives thoughts are mainly focused on how we are going to get through this period. Survival is the first instinct that motivates us. Planning comes way down the line in the list of life’s priorities. Nevertheless, we have to convince ourselves that we are going to pull […]

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Actions Needed Before The Pandemic Is Over

Financial planning may not be uppermost in your mind if your business is no longer functioning or you have lost your job and are struggling to make ends meet. I have not been to Bali since before the pandemic was fully acknowledged in Indonesia, but I hear plenty of distressing stories from friends and clients […]

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Why Financial Plans Must Change Post Covid-19

The pandemic has already forced many individuals and businesses to make changes they had not planned as they struggle to keep afloat during the worst global health crisis for a century. The tourist industry, the lifeblood of Bali, has been decimated and the focus for many will be on survival until the tourists return. Some […]

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Where Should We Invest During The Pandemic?

For many of course this would be wishful thinking. If you are among the thousands in Bali affected by the impact of the coronavirus the priority is to survive the crisis and hold everything together until a vaccine is found and the world returns to normal. Bali is used to coping with crises and has […]

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How The Pandemic Could Change Financial Planning

For many years this column has expounded the wisdom of sound financial planning, ranging from protection to maintaining cash reserves, regular savings schemes, building up a pension pot and diversifying investments.  The pandemic has not changed any of that but its massive global impact will undoubtedly modify our approach in the future.   Protection – […]

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Can Financial Plans Survive The Pandemic?

The number of cases and deaths worldwide from Covid-19 has increased exponentially since my last article four weeks ago. Ironically the richest countries in the world have fared the worst, despite their advanced technologies and medical services. Indonesia is not out of the woods yet and is depending heavily on the government’s efforts to restrict […]

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Signs of Life at The End of The Tunnel

Money Matters appears every two issues, hence one every four weeks. Just two issues ago our main concern was the growing conflict between the US and Iran and its possible impact on global business and investments. By the time of the next article the threat had evaporated and a new, unexpected threat to humanity, the […]

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Pandora’s Box Has Been Opened

It happened much later than one would have expected but two cases of the coronavirus in Jakarta were finally confirmed on 2nd March. The public reaction was predictable; within hours, videos were circulating on social media of crowds panic-buying in supermarkets and of empty shelves. The next day I had to line up as I […]

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It Never Rains But It Pours!

When I wrote my last article two issues ago there was a real possibility of a major conflict arising in the Middle East following the assassination by the US of Iran’s second most powerful figure, Qasem Soleimani. There was potential for disruption to airline travel, the tourist industry and stock market volatility. Ironically these consequences […]

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Could The US / Iran Conflict Impact Expats in Bali?

The short answer is yes, but to what extent depends on your nationality, your job or business, and to what extent you travel. It can also affect your savings and investments. Conflicts have been ongoing in the Middle East for thousands of years so why should the latest crisis be any different? The reason is […]

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