Business – Greg Fok Advisory

I want to leave behind something for the kids,…

November 27, 2025
by Gregory Fok

However, think about it. Do your children really want the property that you bought? And even if they do inherit it, will they want an older home or one which might be newer? I think most will choose the newer.

You put in your blood, sweat and tears to stretch your finances to pay for a freehold property to leave behind for your kids but they may not necessarily appreciate it the way you do.

If you had 2 options.

A) Imagine you took on an EXTRA $1mil loan to pay off for the next 30yrs at 2%pa on average so that you can buy a freehold property. You would eventually pay $1.322mil dollars!

B) Instead, what if you could still leave the $1mil for the beneficiaries, but you only paid about $200k? Wouldn’t you have less pressure to fund the extra $1mil and have more freedom to spend how you like? And your objective of leaving $1mil in value to them will still be fulfilled, with less complications of ABSD and transfer fees etc. And they can pick and choose to buy their own new property for themselves!

Which would you prefer? A or B?

What happens when you just buy into products?

July 22, 2025August 25, 2025
by Gregory Fok

A recent case of a person says he wants to invest $5k/month. When I asked what is the personal objective, he shared that he just has this budget of investment in mind.

The problem :
The personal goal is not clear. The overall financial picture is not clear. He is not sure whether he is near or far from his goal. You do not know which risk class allocation to choose from.

Issue :

He could be over investing.

He could be under investing.

He could be so near his goal that we should reduce the risks further.

It may not tie in with the overall financial situation.

We don’t know….

When there is no clarity, the emotions can drive you up the wall when a crisis hits.

Value of an advisor :

To bring clarity, more peace of mind, more confidence and less anxiety to get you to your best ideal life, with the right amount of budget and appropriate sum, with the least amount of risks.

Isn’t that what you want in life?

As you progress in life, so does your decision…

June 26, 2025June 26, 2025
by Gregory Fok

When you had little to start with, there was only one key objective – to survive, to have sufficient and stay alive and ensure that the income continues so that you can pay your bills.

As you progress and do better, you have more income, more wealth, more options and things begin to look more complex. How do you ensure that you do not pay too much for taxes, not pay too much for interests, diversify your investment portfolio so that it all does not go to zero, and where else should you park your funds for what purpose?

Isn’t it ironic that when you have more, your life looks more complex, with too many options? And due to this reason, you wish that you could simplify your wealth and life so that it minimizes decision making!

Wouldn’t you wish you could have more Clarity, which helps to cut through the noise and the clutter, especially when managing larger incomes and larger amounts of wealth? That is where our value comes in, as we are equipped and designed to manage large amounts of wealth, while taking less risks and extracting better value over time.

When There’s No Clarity, You Cannot Make good Financial…

April 21, 2025April 21, 2025
by Gregory Fok

A CEO of a large company once shared something with me that I still reflect on today:
“Most people, including myself, don’t actually know what or where they are exactly. It takes time to consolidate all the information.

I know where my company figures stand but not my personal ones.”

That struck a chord.

Over the years in my work as a financial planner, I’ve met countless individuals. Some incredibly successful in their careers, who still feel uncertain when it comes to their finances. And the root cause often boils down to this: a lack of clarity.

They might not be clear on:

How much they’re actually spending or saving

What they truly want to achieve financially

Where they currently stand in relation to their goals

And when there’s no clarity, making good financial decisions becomes incredibly difficult. How do you decide where to invest, how much to insure, or when to retire, when you don’t have a clear picture of your financial landscape?

I’ve seen it firsthand:
People feel overwhelmed not because they lack options, but because they haven’t had the space or guidance to gain clarity.

That’s why the first step in any financial journey isn’t about picking the right product or chasing returns. It’s about understanding.
Where are you now?
Where do you want to go?
What matters most to you?

Once that’s clear, everything else starts falling into place.

Clarity brings confidence. Confidence leads to conviction. And conviction leads to wise decisions.

If you’ve been feeling stuck financially, don’t rush into action. Pause, reflect, and seek clarity first.

It’s the best investment you can make, do you agree?

How do you create more time?

December 5, 2024
by Gregory Fok

Time will just fly past and we will no longer be able to get it back.

At the beginning of 2024, we decided to go for a long trip holiday and my intention was to be able to spend good time and create memories for the family. So with intentionality, we booked the trip way in advance, almost at the beginning of the year.

🎯 As an entrepreneur and high income earner, work time is precious to you and sometimes, it may be hard to take time off and we leave it to the last minute to decide. Even during the trip, it is hard not to open emails and check on work. And when you get back, there are thousands of emails awaiting for you to clear!

🥂 Again, during the trip, I intentionally decided to not check emails and told my staff not to disturb me unless there is a big or urgent issue on hand. Having learnt from Dan Sullivan, time to break and enjoy is designed to focus on that with 100%! When I am back to Singapore to work, I do that with 100% focus too! So I did that and my wife said why am I not even posting on LinkedIn.

I said I wanted to soak in the holiday environment and be present for my family. (I am only doing this in the early morning before the family is awake, as I just feel inspired!) What have you done intentionally to create more time for yourself and your loved ones?

🎯 I have been “financial coaching” for the past 19yrs and those who have set their dream goals, stuck to their plan, remained disciplined, despite the market volatility, and had me as the one journeying with them, have a much higher chance of success in the best and worst case scenarios of their lives If you like to find out more how we do it to help families and businesses get to financial freedom, follow my posts and reach out and we can have an initial meeting at our cost, with no obligations.

Do you wish you could Rest x 2…!

July 20, 2024
by Gregory Fok

We work in a hectic lifestyle in Singapore. I used to work non stop 24/7 when I first started out 19yrs ago. I remembered vividly going for multiple meetings in a day, sometimes packing 2-3 in one evening!

⛈️ One night, when I was taking the LAST train ride back, I asked myself, how long am I going to last at this pace? If I continue like this, there might be a burnout. I could even feel my heart pounding with all the adrenalin, just thinking about it.

My mentor was sharing with me, you need to take a different strategy if you want to be able to sustain long in this business. You need rest and you need to be selective in who is going to be your client.

💯 “Come to me, all you who are weary and are carrying heavy burdens, and I will give you rest. Take my yoke upon you, and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. For my yoke is easy, and my burden is light.”

Today’s gospel passage reminds me of this.. REST. Within this short message, it reminds us to REST TWICE and leave our burdens to God in prayer. When I leave my problems at the foot of the cross and my concerns, I always have this feeling of assurance that God will provide and he has provided for the last 19yrs and counting, in HIS time. I do the right work, with the right people and with the right attitude of value adding and effective hard work, and I just trust the process.

🙏 Ever since then, I had repositioned my practice. We always have a “Pre-screening” meeting before prospects engage us. It was about us getting to listen to them, to understand their pain points and if they and we would be able to see ourselves on a long term partnership together. If for whatever reason there is no fit, we part ways respectfully. And if there is a good conversation with trust, then, we will be in for the long haul.

So today, we are not looking for quantity but quality and that will result in wonderful relationships we have with our clients, their partners and families, and we build a better and happier practice.

♥️This take a PROCESS to plan, to TRANSFORM with a rewirement programme. And I can tell you it takes time. It takes effort to Unlearn to Relearn.

Pic : I got this as a gift which is so apt for me!

Wouldn’t you like to simplify your financial life?

May 22, 2024May 22, 2024
by Gregory Fok

Which would you prefer? The journey on top or below?

You are getting one year closer to retirement than you think. You realize that as you grow older, you have more assets.

When you get more senior and wiser, the following happens…

🧨 You want to reduce your risks.
So one of your ways of diversifying is to split your investments into various stocks, funds, pools of types of assets. Maybe you even start to invest overseas.

🧨 Managing larger amounts of wealth.
The skill-set of investing small amounts of wealth vs the skill-set of managing larger amounts is very different.

🧨 Your life becomes more complex
Because of the above 2 reasons, your life becomes more complex due to the need to spread your investments around. There are some people we work with who have even lost track of what they have with age and time.

💡You will come to a stage when you want to SIMPLIFY your life. Especially if suddenly, health changes or if someone else is going to take over what you have. The likelihood of them being able to appreciate all your efforts and work of your lifetime is going to go down the drain.

We help you to consolidate and have a clearer picture of what you have. So that your family can have a clear picture of where you stand and know the strategies to execute in a SIMPLE way, but yet still reduce your risks and increase your expected returns, while giving you and your family peace of mind, with less anxiety.

Which would you prefer? The journey on top or below? The choice is yours.

If you like to find out more how we do it to help families and businesses get to financial freedom, follow my posts and reach out for a copy of our PROCESS or we can have an initial meeting at our cost, with no obligations.

♥️This take a PROCESS to plan, to TRANSFORM with a rewirement programme. And I can tell you it takes time. It takes effort to Unlearn to Relearn.

My name is Greg and if there is someone who would like to transform, multiply their life, their business, their wealth, with PURPOSE, and have time for themselves, with less anxiety, pls feel free to share or reach out to me and repost too! I would sincerely appreciate it!

The unspoken considerations for wealth transfer

March 21, 2024
by Gregory Fok

When it comes to wealth transfer, all parents plan with the best of intentions. However, when we hear it from the beneficiaries, it may not be viewed in that manner.

💣 There was a couple who had 2 properties. One is a HDB and the other is a private property. And they have a business and some other parts in investments and cash. They still have outstanding loans for the property and have taken a loan for the business, with a personal guarantee. They have 3 children and 1 of them is in the family business.

🔥 The above scenario is quite typical for an affluent family. However, you can just imagine the time bomb that they are sitting on, waiting to be passed on to the children.

When I speak to the child, he says it just seems like a recipe waiting for disaster to blow up. Who will take over the HDB? Who will take over the private property? What is the implication to them to take over the property? Is it going to be split 3 ways? How about the business? What is going to happen to the value of the business? And who will be the specific beneficiary to be settling the outstanding loans?

☀️You have taken a whole life of a few decades to build your wealth. Wouldn’t it make sense to spend just half an hour to understand what the implications are and how you can potentially prevent problems down the road? Most people have no solutions but we can bring in our 19yrs of experience to help.

We walk through a process of ABCD to plan for them. ♥️ Be wise and plan ahead.

We all want to transfer wealth with minimum costs, minimum conflicts and confusion, wouldn’t you?

A painful lesson of my life.

November 29, 2023November 29, 2023
by Gregory Fok

March 2009…

I was away for a holiday in March 2009, at the depth of the financial crisis. I had sat through one of the biggest downturns of the markets and my emotions and mood was swinging up and down with the market conditions.

I told myself that there seems to be enough blood with the red in investments in the streets. I will want to avoid the emotions so I will wait till I get back from my holidays before I decide to buy more stocks again.

When I got back a few weeks later, the stocks I had wanted to buy had gone up by at least 15%!

So I thought to wait for it to come down before I decide to buy again. The prices soared and never came back down to those previous levels. I had missed the boat. In the recent years, some of these same stocks have actually been delisted!

💥 Lesson learnt : It is so hard to time the markets or pick stocks, especially over a prolonged period of time.

🤓What is the solution?
And so now, I use a systematic process that helps me and my clients have more purposeful living, increased peace of mind, better relationships, reduced risks, have more time for yourself, simplify your life and still get higher returns!

When you have a solid process for decision making made at the beginning, you get to your goals more easily.

Do you agree?

My name is Greg and if there is someone who would appreciate and read my posts and insights, pls feel free to share with them and me and help to repost too!

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Can you imagine crossing this bridge without the railings?

September 28, 2023September 28, 2023
by Gregory Fok

It has been some time since I crossed an overhead bridge..

😅So as I was crossing over and was imagining walking over without the green guardrails. What would the feeling be like? It would seem quite scary. Although I would still walk in the middle and not move to the sides nor go anywhere near the guardrails, I would never have imagined myself crossing the bridge!

💡Well, getting ourselves protected and having risk management in place is a bit like putting the green guardrails in place. We probably will not touch the guardrails and we probably will not use the insurance policies nor do we need to have a diversified portfolio, but we know that in case we tripped and fell over, we will not fall over the bridge!

And the same applies to our finances as well. When we have our “guard rails” for our finances in place, we can walk across the bridge with confidence, with peace of mind and we can even speed up our walk because we know that our risks are managed well.

🦉So the next time you cross the over head bridge, think of me helping you ensure that your safety measures are put in place and you can sprint across the bridge with no fear, which means you can even get to retirement earlier than you expected.

Would you like to put your financial guardrails in place? And how are you reframing the way to build large wealth?