Insurance

Trump's Presidency: 3 Financial Planning Lessons You Don't Want to Miss

You don't need the perfect plan for your financial protection. Waiting for a better time to do financial planning may be too late when disaster unexpectedly strikes. Take action today!

  • iFAST Insurance Team
  • |
  • Published on 27 Jan 2017

Donald Trump has only assumed office as the 45th President of the United States for a couple of days, and he has already signed off on a couple of executive orders. Withdrawal of the Trans-Pacific Partnership which Singapore is involved in, and withdrawal of the affordable care act1 which helps more American citizens get insured are just some of the policies he has already set in motion.

Looking back at the US elections, President Trump has shown that you do not need to run the perfect campaign to win the US elections. He was divisive, aggressive, confusing, and has virtually antagonized every country in the world (well... except Russia). Despite almost every scientific poll stating a win for Clinton, Donald Trump won the elections.

With the spectacular win now set in the history pages, the first 100 days in office are crucial for President Trump to solidify his action plans for America. Let us take a look at 3 lessons you can learn from US President, Donald Trump.

(See "Pay lesser than iPhone 7+ for $1 Million Protection Coverage!")

#1 The unexpected can always happen

Early in the election campaign, a Clinton victory looks like a certainty. The debates went exceedingly well, the news portrayed Donald Trump in the worst possible manner. Clinton's campaign was on a roll, and victory almost within her grasp. However, news on FBI investigation into her emails, and the Democrat's emails server being hacked stalled her momentum considerably.

Sometimes events happen, which we cannot foresee.

Don't go into life expecting everything to be perfect. There is bound to be bumps and sinkholes along the way. If an unfortunate incident snags you, having sufficient financial protection can help ease the recovery and get you back on your feet.

(See "Hidden Secrets Revealed - How Your Banker Is Trapping You!")

#2 You can muddle, complain, in the end you have to move forward

Trump’s campaign constantly talked about rigged elections, microphone failing, unfair coverage on certain events. But despite the talks and complains, it is important to move forward.

Protecting yourself when things goes wrong.

Trump probably didn’t expect comments on women mentioned 10 years ago to return and haunt him during the crucial campaigning period. As people, we cannot expect our lives to go on perfectly.

Planning for your financial protection usually takes a backseat when you have so many other worries in life. Servicing your housing loan, car loan, child's tuition fees etc. A single unfortunate incident can wipe out your hard earned savings just to foot the medical bills, or serious bodily injuries prevents you from engaging in your current occupation resulting in a much lower income. Either of which will significantly impact your ability to keep a roof over your loved ones.

(See "You Might be in Massive Trouble, Without These 3 Insurance Policies")

#3 You don’t need the perfect plan to win

Clinton had the almost perfect campaign. With huge financial backing, her campaign had access to tremendous resources to remind voters of her presence. Clinton also had a near perfect 1st presidential debate, showing her oratory skills versus Donald Trump as the more boisterous and aggressive competitor.

Trump was plagued with controversy throughout his campaign. Gold Star Family, Harassment claims, Workplace practice claims. But he stuck to his core message, focused on his voter’s core concerns.It struck a cord and resonated with his voters, resulting in their votes pushing him into the oval office.

Although your life's future path may not be a clear one, you can have a clear picture of your financial health and stay focused on what needs to be done. Protection and investments work hand in hand to provide a platform for your family's financial protection now and retirement savings in the future.

Take action today!

(See "4 Exciting Ways Insurance at FSMOne Makes Your Life Better")

Available Products on FSMOne Insurance

Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment


from Manulife, NTUC Income and Tokio Marine Life Insurance


*Please check with our advisory team if the product you want is available on FSMOne Insurance

At FSMOne Insurance, we are here to walk with our customers through their life’s journey. Our team of friendly advisers are able to help you review your financial objectives, long term commitments, and customize investment and insurance advice specific to your needs. If you would like assistance in reviewing your financial and protection portfolio, or simply to get a quote for an insurance plan, you can contact our advisers at advisory@fundsupermart.com.

1Source: http://www.nbcnews.com/politics/white-house/donald-trump-s-first-six-days-office-here-s-what-n712086


Interested to learn more? Check out these articles:

To Your Insurance Agent, You Are Just a $4,000 Cash Cow!

3 Terrifying Facts About Critical Illness, You (Probably…) Didn’t Know

Do You Know That Medical Inflation in Singapore is 15% Now?

Why Insurance

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).

iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.


Ways to Invest with FSM Global
Why FSM Global
Don't have an account with us?
Open an account here
Need Financial Advice?
Make an appointment
Related Articles More

We use cookies If you close this message or continue to use this site, you will consent to the use of Cookies, unless you choose to disable them. Click on our Privacy Policy to understand more.