Get-Rich-Quick Schemes do not work! The only way to grow your nest egg is slowly but steadily.
Or otherwise known as reliance on old-fashioned financial institutions and outdated economic structures. Partly, it is due to habit; partly, because of our concerns about liquidity; and partly, because we think that it is always risky to experiment with new things where we might lack…
This trip is for the stock traders among you. What kind of annual return are you aiming for? 30% or 20% or 10%? What’s your number? Humans, and especially those of the male persuasion, have a bias called The Lake…
Fees and Expenses. Investors in mutual funds incur two primary kinds of expenses and fees: Fund expenses and loads. Whereas fund expenses are paid indirectly from fund assets throughout the year, sales loads are one-time fees that investors pay either at the time…
The GSS – the Great Singapore Sale is upon us again. And I am not talking about the Singapore stock market here. It’s an opportune time to remind ourselves of that one emotion that is the cause of the lack…
I believe in growing our wealth defense is often more effective than offense. And a good defensive approach would be not to get too deeply indebted (money or otherwise). Some people say—follow the Golden Rule—”Don’t get into debt at all.”…
… is in the dictionary. Have you ever thought for a moment that there really is a shortcut to success without having to put any effort in it? Change your life-style mindset and change your thoughts. Here are some ideas I gathered over time from those “Success…
A few days back I wrote about “Am I saving enough?” Thank you for all your comments. I am just afraid that those people with their benchmark savings ratios are not really representative of the regular guys. Could it be…
Busy schedules and weekly routines have a tendency to put my brain on autopilot and I lose sight of the important things in life. Some of life’s essential truths need repeating. So, I’d better write them down: MY SELF-WORTH…
The other day I was reminiscing about two epiphanies that influenced my choices in life. So back in those days I wanted to be independent. And I figured the best means to independence is money. Not for the sake of…
Some of my loyal readers – ok, make that two – asked me at what age I started to mind my own business and to actively take care of my own business. Here is how it all started: Well, that’s…