Are layoffs ultimately good or bad for the companies that do it and the general economy? This month, we got Timothy Ho, Co-founder and Managing Editor of DollarsAndSense, on the show to talk about how the scale at which workers are getting laid off is affecting the economy, what investment opportunities we can take advantage of, and how individuals impacted by layoffs can come out of this event financially stronger. Timestamps

(00:00) – Episode introduction.

(00:29) – Introduction to the episode’s guest, Timothy Ho, Co-founder & Managing Editor, DollarsAndSense.

(03:36) – What has led to the current economic climate?

(07:47) – Do layoffs always achieve the goal of improving profitability for companies?

(12:54) – How is a small country like Singapore affected by layoffs globally as well as locally?

(16:08) – How does the current climate of layoffs affect personal spending, or the way people invest?

(19:30) – Given the opportunity for investment returns during a period of recession, how has Timothy tweaked his investment strategy during this current time?

(25:02) – Is investing in big tech companies going to continue providing the same returns as we have seen in recent years?

(30:56) – What can somebody affected by the layoffs change in their daily habits around spending or investing to improve their situation?

(35:28) – Episode outro

If you’re curious about a particular investment or personal finance topic and want the Good Girls' to talk about it, drop us an email at goodgirlstalkaboutmoney@gmail.com.

Disclaimer:

The advice shared in this podcast has not taken your personal risk and finances into consideration, please seek the advice of your financial advisor before making any decision about your money.

Have you ever wondered if investing $1 at a time in the stock market is actually going to make a difference to your wealth? This month, we interview Deepak Khanna, CEO of Revolut Securities, on the fintech app's latest launch - Stocks. In this episode, Deepak shares some of his insights into wealth managing and talks about how we can maximise our experience using fractional stock trading platforms.

Timestamps

(00:00) – Episode introduction.

(00:30) – Introduction to the episode’s guest, Deepak Khanna from Revolut.

(02:59) – What are some of the stock trading functionalities on the Revolut app?

(05:44) – How can someone with little to no experience in investing or trading get started?

(07:27) – Does it even make sense to invest a very small amount into a share i.e. use fractional shares? What is the wisdom behind buying fractional shares and how can investors maximise their investing by using fractional shares?

(10:49) – Is there any general advice to share around how to invest e.g., how to research conduct research etc.?

(12:25) – What are some of the fees involved in trading on the Revolut platform?

(15:07) – Deepak’s time-tested investment takeaways for the new investor.

(19:05) – Episode outro

If you’re curious about a particular investment or personal finance topic and want the Good Girls' to talk about it, drop us an email at goodgirlstalkaboutmoney@gmail.com.

Disclaimer:

The advice shared in this podcast has not taken your personal risk and finances into consideration, please seek the advice of your financial advisor before making any decision about your money.

This month, 3 women - each in a different decade of their lives - talk to The Good Girls about their “backup plans” in the event of redundancy. We touched on what our careers mean to us, how getting laid off affected us financially and emotionally, and the lessons we learnt coming out of such an unfortunate event.

Special thanks to Lili and Megan for agreeing to share their experiences and stories with us. Timestamps

(00:00) – Episode introduction.

(00:29) – Introduction of the three podcast interviewees: Lili, Megan, and Deborah.

(03:10) – Introducing the podcast topic: retrenchment.

(03:45) – Have you ever been laid off before?

(09:05) – What did the experience of being laid off teach you?

(15:31) – From your experience of having been laid off before, do you have a Plan B or what do you hope to do differently it if does happen again?

(21:39) – How does a job loss impact someone depending on the current financial responsibilities they have?

(28:02) – Have you been tempted to start your own business to do away with the risk of retrenchment?

(34:59) – How one’s psychological and emotional safety can be affected in the event of retrenchment.

(39:59) – Are there financial tools available that allow consumers to adjust their investments based on their needs e.g., flexibility in the event of being laid off?

(40:44) – The inevitability of retirement and the importance of financial planning for retirement.

(42:06) – Key takeaways and lessons from the episode interviewees.

(47:00) – If you’ve been recently laid off and need introductions or boost in visibility, please reach out to the Good Girls.

(48:24) – Episode outro

If you’re curious about a particular investment or personal finance topic and want the Good Girls' to talk about it, drop us an email at goodgirlstalkaboutmoney@gmail.com.

Disclaimer:

The advice shared in this podcast has not taken your personal risk and finances into consideration, please seek the advice of your financial advisor before making any decision about your money.