Me & My Money

Wealth adviser banks on knowledge, diversification

Veronica Shim does in-depth research and considers a wider spectrum of investments

Wealth adviser Veronica Shim also believes that failing to plan is planning to fail.
Wealth adviser Veronica Shim also believes that failing to plan is planning to fail.ST PHOTO: LIM YAOHUI

You must be clear about the terms and details of any investment you are embarking on and be aware of the hit you might take if all goes south, says wealth adviser Veronica Shim.

"Always ask yourself, 'Am I prepared for it? Can I withstand the loss that may come?' " she adds.

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A version of this article appeared in the print edition of The Sunday Times on January 24, 2021, with the headline 'Wealth adviser banks on knowledge, diversification'. Subscribe