Greg Au-Yeung – Debt Management Tip: Only Invest What You Can Afford to Lose

<p><a href="https://www.linkedin.com/in/gregauyeung/"><strong>Greg Au-Yeung</strong></a> <span style="font-weight: 400;">has held senior executive positions at various global banks in China, including Saxo, UBS, ANZ, Morgan Stanley, and State Street Bank. He has a solid track record pioneering, building, and managing technology centers in China that deliver innovative solutions and support digital transformation programs for incumbent banks and FinTech.</span></p> <p><span style="font-weight: 400;">Greg is currently Senior Advisor for Shanghai Fudan University, specializing in FinTech, and the Co-founder of the Financial Technology Talent Standardization Committee. He was also the China columnist for Shanghai Daily, ComputerWorld, and various newspapers and magazines in Hong Kong and China.</span></p> <p><span style="font-weight: 400;">He graduated with a degree in Computer Science from the University of Westminster (UK), completed the Executive MBA program at the Chinese University of Hong Kong, and certified from MIT (Artificial Intelligence), Harvard University (FinTech), and Copenhagen Business School (Digital Transformation-Financial Services). He is also a Chartered Information Technology Professional, a Fellow of the Hong Kong Computer Society, a member of the British Computer Society, the Hong Kong Chamber of Commerce (Shanghai), and the American Chamber of Commerce (Shanghai).</span></p> <p><span style="font-weight: 400;"> </span></p> <p><strong>“I do speculate sometimes, but only when I can afford it.”</strong></p> <p><span style="font-weight: 400;">Greg Au-Yeung</span></p> <p><span style="font-weight: 400;"> </span></p> <h2><strong>Worst investment ever</strong></h2> <p><span style="font-weight: 400;">Around 1995, Greg’s parents decided to invest in additional property when prices were on a record high. Because they could not raise funding, they had to remortgage their current properties and borrow money from the bank. Due to the high property prices, the interest on the bank loan was high too.</span><