The Brawijaya University Library once again hosted a very valuable educational event, the Danamon Wealth Series, which this time carried the theme “Financial Planning for the Future.” This event was held successfully in Meeting Room 1, Brawijaya University Library Building, and was attended by students and education staff who were enthusiastic about understanding more deeply about wise financial planning.
The main speaker at this event was Adrian Maulana, a public figure who previously worked in the world of entertainment as a soap opera artist and presenter, who currently serves as Senior Vice President, Intermediary Business PT Schroders Investment Management Indonesia. With his extensive experience in the financial sector, Adrian provided valuable insight to event participants regarding the importance of investing for a better future.
In his presentation, Adrian Maulana explained several key points which were the main focus:
Difference between Saving and Investment
Saving and investing are the same and not. The same thing is that we both set aside a portion of our income, whether from salary or business, so that we can place it in a post. The difference is when we should use it.
“If we have short-term needs, put them in savings, so everyone is obliged to have savings. But if your needs are long term, for example for more than 1 year, such as for education, marriage, Umrah or Hajj, holidays and so on, then place them in an investment,” explained Adrian. So the conclusion is that saving is more suitable for short-term needs, while investment is more suitable for long-term needs.
The Use of “Cold Money” in Investing
Adrian emphasized the importance of using “Idle Money or Cold Money” when investing.
“Don’t use the money that we use for primary or daily needs. So that when there is a risk of loss it doesn’t threaten the family’s financial condition,” added Adrian. That’s why, every time you finish your paycheck or delivery, immediately set aside an investment according to your abilities.
Adrian also provides practical tips for investing in mutual funds, including setting goals, understanding the risk profile, selecting appropriate products, choosing a reputable investment manager, and carrying out regular monitoring and rebalancing.
Adrian also explained the types of investments that are suitable for students. According to him, because students are young and have great opportunities to build careers and businesses, they should dare to invest in high-risk assets with the potential for large profits. Meanwhile, for those who are approaching starting a family and approaching retirement age, it is best to invest in instruments with low risk to avoid stress.
This event not only provided valuable knowledge but also provided an opportunity for participants to interact directly with Adrian Maulana. The exchange of views and knowledge is a valuable moment in better understanding the world of finance and investment. Hopefully this event will be the first step in creating a society that is more understanding and wiser in managing their personal finances and their future. (IHW/OKY/UB PR/ Trans. Iir)
