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Applying Behavioral Finance in Your Financial Planning Practice by Pauline Yong
RM260.00
| Date | 29 March 2024 |
|---|---|
| Time | 9.00am – 5.00pm |
| CE/CPE/CPD | 10 CE Points / 10 CPE Points / 8 CPD Points |
| Facilitator | Pauline Yong |
Research in psychology has documented a range of decision-making behavior’s called biases. These biases can affect all types of decision-making, particularly in money and investing. The biases relate to how we process information to reach decisions and the preferences we have. The biases tend to sit deep within our psyche and may serve us well in certain circumstances. However, in investment they may lead us to unhelpful or even hurtful decisions. As a fundamental part of human nature, these biases affect all types of investors, both professional and private. However, if we understand them and their effects, we may be able to reduce their influence and learn to work around them.
Learning Outcome
Participants will be able to:
- Describe the common errors in information processing;
- identify the main behavioral biases and heuristics and take them into account when advising a client;
- Explain the limits of arbitrage and how it impacts to the clients;
- Explain the formation and burst process of speculative bubbles;
- Demonstrate an investment plan to help clients to reduce emotional investing.
Learning Outline
| 8.30 – 9.00 am | Registration / Pre-Assessment |
| 9.00 – 9.30 am | Introduction to Behavioral Finance
|
| 9.30 – 10.30 am | Limits to Learning
|
| 10.30 – 10.45 am | TEA BREAK |
| 10.45 – 11.45 am | Understand the systematic biases when people form beliefs
|
| 11.45 am – 12.30 pm | Understand people’s preferences that violate the expected utility framework
|
| 12.30 – 2.00 pm | LUNCH |
| 2.00 – 3.30 pm | Understand applications of behavioral theory in the aggregate stock market
|
| 3.30 – 3.45 pm | TEA BREAK |
| 3.45 – 4.45 pm | Incorporating Behavioral Finance into Financial Planning and Case Studies
|
| 4.4.5 – 5.00 pm | Q&A Session |
Facilitator
Pauline Yong,
Pauline Yong Tung Fong is a CFP® (Certified Financial Planner) and a licensed financial planner with Security Commission license CMSRL and Bank Negara licensed Financial Advisor Representative (FAR). She started as a research analyst, and she is a lecturer in economics, finance and banking for 25 years. She is also the course facilitator for the Financial Planning Association Malaysia (FPAM) CPE courses since 2017. She published 5 investment and financial planning books and currently a regular writer for various magazines and newspapers. Currently, she is a regular commentator for City Plus FM radio station for stock market outlook. She received her MBA in Finance from University of Leicester, UK and her BBA (Hons) in Finance from York University, Canada. In addition, she is also a certified chartist (CFTe) in Malaysia, a member of the Society of Technical Analysis (STA) UK and had passed the CFA Certificate in ESG.
Currently, Pauline holds the position of Chapter Chairperson for FPAM Johor Chapter.
- Over 25 years taught over 200 large scale corporate courses
- Accumulated over 50000+ students
- Audience: CEOs, bankers, fund managers, financial planners, university students, SME owners
- First Woman Certified Chartist (CFTe) in Malaysia (2013).
- National best-selling author for 3 books since 2006 (I love Stocks, I Love Financial Planning and I love Trading)
- Published 5 English books, and 1 Mandarin book, sold globally since 2005
- Bursa Malaysia appointed speaker 2018 – present
- FPAM appointed course facilitator since 2017
- FPAM Johor Chapter Chairperson 2021 – present
- CEO and Founder of Sigma Wealth Sdn Bhd (Alpha Academy) since 2004
- Philip Wealth Planner Top Producer 2020 – 2021
- Frequent judge and lecturer at Victoria University Australia since 2015
- Industry advisor for UTM （Robo Advisor）
- Guest speaker at Women Institute of Management Malaysia 2011-2013
- Weekly Stock Market Commentator for City Plus FM 2017 – 2020.
- Interviewed by BFM Radio, City Plus FM
- Feature writer for Smart Investor, Focus, Money Compass, Citta Bella.
- She runs her own blog as a stock commentator and investment guru since 2008, and runs her own YouTube Channel in sharing about her investment and financial planning knowledge.
Terms & Conditions
- Registration is on a first-come-first-served basis, only 30 seats are available.
- Participants need to sit in for the workshop throughout the day to receive the certificate and to fulfill the endorsement of points.
- Confirmation is subject to receipt of payment before the workshop.
- FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.
Frequently Asked Questions
1. How long will each physical program take?
Each physical program is the equivalent of a day’s CE Workshop training for approximately 8 hours with the morning & afternoon coffee break and lunch in between. The duration of the program excluding the break is 6 hours.
2. Can I attend only half the sessions of the training?
You will need to sit in for the session throughout the day unless you have a valid reason or a copy of proof.
3. Mode of payment?
We accept payment by credit / debit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).
4. How secure is shopping? Is my data protected?
Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card, and bank details cannot be retrieved by any third party. Credit card payments will also be verified through the 3D secure procedure.
5. Who should I contact if there is any transactional issue or problem purchasing any product/service?
Kindly drop a message below with the problem statement, and we will get back to you as soon as possible.