Five Hard Truths That I Learnt About Money

Five Hard Truths That I Learnt About Money SUMMARY Some truths about money are consistent no matter how much you earn or invest Here are five truths that I reflect upon about money as I grew older No matter who you are, or how much money you make, or your philosophy and strategy on investing, a few truths apply to almost everyone and the way they manage their finances. Here …

Read More

Stock Market Crash : How To Prepare For It When It Comes?

SUMMARY Market crashes are bound to happen Instead of being fearful, investors can prepare for it 4 key points on how to prepare for a stock market crash 1. Introduction Source: www.thebubblebubble.com Market crashes!! It happened on a Monday in October 1987 when the Dow Jones Index lost more than 20% of its value. As we can see from the extract, the market rose in value very steadily before the …

Read More

When Stock Prices Drop, We Should Celebrate!

SUMMARY Investors need to answer an important question: What do they do when bear markets arrive Is there a difference between what they said they would do and the reality of the situation? Over the long term, one thing is certain; markets will recover and investors can take advantage of bear markets to earn superior returns 1. Introduction This scenario that I’m about to describe may sound familiar to most …

Read More
2

Safeguard your Savings

The 2008 Wall Street financial meltdown that almost scuttled the world financial market was the result of people engaging in trades which they did not fully understand – the so-called experts in government, the banks and the academia of world-renowned institutions such as Harvard. If you wish, check out this documentary – Inside Job – among many other published US congressional findings, articles and videos. *** As usual, it was …

Read More

Brexit and the Singapore Investor

Brexit, Britain exiting the European Union (EU), is all the news now. You cannot open a newspaper, watch news on TV or even surf the usual internet news platforms without getting bombarded by something or another that screams BREXIT. In the media’s eagerness to gain eyeballs and readership, one encounters more and more amusing (I’m being polite here) angles about the consequences of Brexit – mostly forebodings of bad but …

Read More

Billionaires never stop Reading

One primary habit of billionaires is they read a lot, covering financial literacy, investment portfolios and many other topics. Read at least 30 minutes a day. Maximise your time on the MRT or bus. Constantly add to your expert knowledge on personal finance, personal financial planning and personal investment portfolio. When you tire or feel like a break, read other subjects – especially subjects your clients are into – and …

Read More

More to Saving than saving

Singapore has one of the highest saving rates in the world. This is not surprising as many Singaporeans remain deluded and believe that upon retirement they can live on about $1,000 per month. When pressed, they reveal that once they sell their HDB flat and downgrade, then, surely that windfall will be enough to tide them right through. The sad fact is when retirement descends on them, these same people …

Read More

Planning for Success

Planning for success starts with us, the individual, and every successful person plans – and so can you! Start small and the immediate results will enthuse you to plan more. Soon, planning will become a habit. Start with the easily reversible plans – that’s starting small. You make decisions every day, these eat up your time and soon fatigue sets in. Beyond a threshold, subsequent decisions become sub-optimal and your …

Read More

What Is A Financial Statement ? Part 2 of 2

Profitability 1. Gross Margin Definition Gross Margin is the percentage of Gross Profit out of sales or Revenue. Gross Margin (A: Dec. 2013 ) = Gross Profit (A: Dec. 2013 ) / Revenue (A: Dec. 2013 ) = (Revenue – Cost of Goods Sold) / Revenue = (204.71 – 40.471) / 204.71 = 164.2 / 204.71 = 80.23 % A positive Gross Profit is only the first step for a company to make …

Read More

What Is a Financial Statement ? Part 1 of 2

Financial Statements Consists of Balance Sheet -What a company owns, what it owes & what is left over Income Statement -Sales and Expenses, Profit or Loss Cash flow Statement -Sources, uses and balance of Cash Fundamentals   1.Earnings Per Share (EPS) Definition Earnings Per Share (EPS) is the amount of earnings per outstanding share of the companys stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted …

Read More