MakCik Kiah’s signature pisang goreng & ice cream dish never tasted sweeter.
Puteri & Ah Hock passed SOA exam LTAM, and Muthu IFoA exam CM2.
Puteri thought ”Business is good. But our exams are so costly”
Who’s that? Oh Datuk Lim, our businessman!
Datuk: “Hey you kids must be the Math MacGyvers! Tolong sikit?”
Puteri: “Sure Datuk”
Datuk: “Okay two things lah. First, I have various types of investments – in commodities, REITs, etc. I need to optimise my mix.
Second, my EPF. I’m already 60 now. I’d like to plan the monthly withdrawal amounts properly.”
No. 9 – Investment Portfolio Optimization
Muthu: “In Corporate Finance, we learn about the “Modern Portfolio Theory” and the “Efficient Frontier”. We can find the optimal combination of different assets given your risk appetite”
No. 10 – Planning EPF withdrawals safely
Puteri: “Using Life Contingencies, we can calculate the safe monthly withdrawal based on your life expectancy.”
Datuk: “Wow, you three must get your Fellowship. I will pay for all of your exams and materials.
Can help tutor my daughter Alice in Calculus ah hehe...”
Puteri: “Muthu is the best tutor. He did a Maths & Operations Research degree”
Muthu smiled shyly.
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