There is a recent report showing more Americans choosing to retire earlier. This could be due to health concerns due to the pandemic. But more importantly, they retire because they become richer. While the world struggles to cope with the pandemic, the US stock market is booming and showing no signs of slowing down since … Continue reading The Rich Get Richer, The Poor Get Poorer
Tag: financial literacy
Investing Tips From Adam Khoo
Adam Khoo has been always been a mentor whom I have never had to pay a single cent to. While he runs paid value investing courses and options trading courses, there is so much value in the videos he posted on his YouTube channel and you can actually watch them all and grasp a good … Continue reading Investing Tips From Adam Khoo
How Options Trading Help Me Deal With My 6-Figure Investment Loss?
My investing journey started on 15 July 2012. It was smooth sailing initially as the stock market was on a bull run and many stocks that I bought made money. But that also lead to my investment downfall as I started buying stocks on the recommendation of others, without doing much of a research. The … Continue reading How Options Trading Help Me Deal With My 6-Figure Investment Loss?
3 Reasons Why You Should Invest
This article is for friends who are thinking whether to start learning about investing and start their investing journey or to continue leaving their money in the bank and find other avenues to grow their wealth. There are a few considerations that will shape your final decision. 1. Interest vs. Inflation The most common motivation … Continue reading 3 Reasons Why You Should Invest
How I Deal With 16% (Smallest) Loss Of My Legacy Stock + Sharing Beginner’s Mistakes
For the first 8 years of my investing journey, I seek refuge in the safe haven of the Straits Times Index (STI), thinking that it is absolutely safe to buy Singapore stocks as they are not as volatile as the US stocks. However, while some stocks may have the backing of the Singapore government, the … Continue reading How I Deal With 16% (Smallest) Loss Of My Legacy Stock + Sharing Beginner’s Mistakes
How To Earn Extra Money? 10 Ways To Earn Extra Money (By Kelvin)
If you are looking to earn some extra cash to supplement your household income, to build your emergency funds or to raise more cash for your investment, here are 10 tips by Financial YouTuber Kelvin that may be useful to you. If you do not have time or opportunity to watch the video, here are … Continue reading How To Earn Extra Money? 10 Ways To Earn Extra Money (By Kelvin)
Q&A: Should I Invest OA CPF Monies Before Turning 55?
I receive a question from a reader on whether she should invest her CPF OA monies before they are transferred to RA account when she turns 55. This is her question: "I am a noob in investing, but keen to know for those approaching 55 years old, is it advisable to invest all OA before … Continue reading Q&A: Should I Invest OA CPF Monies Before Turning 55?
I Am Glad I Learnt Mandarin Chinese In School | Top 5 Mandarin Financial YouTube Channels
The Singapore education system has gained some negative publicity in recent years, with a horror killing in school and a difficult primary school Maths exam paper which made many students feel demoralised. All these years, the education has always known to be stressful and competitive, leaving some parents no other choice but to seek help … Continue reading I Am Glad I Learnt Mandarin Chinese In School | Top 5 Mandarin Financial YouTube Channels
The Safest Investment That Can Beat Your Bank Returns By 30 Times
Two of the biggest benefits of putting money in the bank are: Capital GuaranteeFlexibility Withdraw Anytime But the bank interest rate, e.g. Singapore's largest POSB/ DBS Bank, is almost negligible at 0.05% per annum. Over time, the value of money gets eroded with inflation. DBS Bank Savings Account Interest Rate (as of 10 Oct 2021) … Continue reading The Safest Investment That Can Beat Your Bank Returns By 30 Times
How I Achieved 102% Returns In 15 Days
This is not a typical click-bait title that you may see on YouTube or Facebook. This is one of my own trades and it is my wish to teach you everything I know to help you achieve it too. For friends who are familiar with options trading, this explanation may make some sense to you. … Continue reading How I Achieved 102% Returns In 15 Days