Me & My Money

An investment prescription to heed - look before you leap

Get advice but decide for yourself, says medical entrepreneur Kelvin Chua

Aesthetic doctor Kelvin Chua at his Wheelock Place clinic. Dr Chua says it is important to be very familiar with the area one is investing in and not just take a financial adviser's word for it. And investment is "about being responsible financially
Aesthetic doctor Kelvin Chua at his Wheelock Place clinic. Dr Chua says it is important to be very familiar with the area one is investing in and not just take a financial adviser's word for it. And investment is "about being responsible financially to our family, our society and ourselves". ST PHOTO: MARCELLIN LOPEZ
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It is important to understand what you are getting yourself into before you invest in or start a business venture, says Dr Kelvin Chua.

The 47-year-old medical doctor, who specialises in dermatology and aesthetic procedures, speaks from first-hand experience. He struggled when he set up his medical spa SkinLab back in 2006.

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A version of this article appeared in the print edition of The Sunday Times on March 22, 2020, with the headline An investment prescription to heed - look before you leap. Subscribe