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 …

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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 …

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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 …

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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 …

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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 …

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Four Investment Tips For Women, From Author And Entrepreneur Mary Buffett

  Mary Buffett is a best-selling author, international speaker, entrepreneur, political and environmental activist. Her first book Buffettology, co-written with David Clark in 1997, was an immediate New York Times and Business Week best-seller. Since that time, all seven of her books have been best-sellers. She was also Warren Buffett’s former daughter-in-law. On 11 July 2015, during the World Value Investing Fest held in Singapore,  she has revealed some of Warren Buffett’s …

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5 Key Factors Singaporeans Miss Out When Managing Their Own Finances

Recently, Singapore has fallen to sixth place (second in previous year) according to the MasterCard Financial Literacy Index which covers three components: Basic Money Management, Financial Planning and Investment. The main reason for the decline is due to a drop in consumers’ understanding of basic money management. This is not surprising even though Singapore is a well-educated and developed country as there is a lack of formal education on financial …

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New to Investing ? Here Are The Myths and Truths

Hi Investors, If you’re brand-new to investing and possibly just starting to do your online research, good for you! One of the best things that you can do if you’re just getting into investing is teach yourself first, before you start risking any of your hard-earned money. Today’s blog looks at investments myths and truths that will get you started on the right foot, with basic but important information that …

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WARREN BUFFETT’S LETTER TO HIS SHAREHOLDERS

<<If You Pass Some Money To Warren Buffett In 1964 To Invest, Your Money Will Increase By 1,826,163% By The End Of 2014>> Some key points that we have summarised from a 43-page report for easy reading: (I) BERKSHIRE HATHAWAY’S PERFORMANCE VS S&P 500 Berkshire’s book value increase by 751,113% from 1964 – 2014 as compared to 11,196% if you were to invest in S&P 500 YEAR 2014 IN BERKSHIRE …

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The Secret of Investing Successfully by Professor George Athanassakos

Hi Friends A couple of months ago, I flew over to Toronto, Canada, to meet up with one of the most respected professor in Value Investing called Professor George Athanassakos. My intention is not only to learn value investing from him but also to bring back some important knowledge for the investors here in Singapore. Professor George Athanassakos is the Professor of Finance and the Ben Graham Chair in Value Investing …

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