“China Tech Crackdown”, this headline phrase has frequently appeared in the financial news lately and it has turned the stock market upside down. Many familiar names such as Alibaba, Tencent, Meituan, and JD.com, have dropped 40% to 50% from their peak. Didi, which presented an IPO one month ago, lost half of its value and […]
Investment Pitfalls: How Anchoring Bias Leads You to Bad Investment Decisions
What makes a good investor? Legendary investors such as Warren Buffett or Peter Lynch may be the first person who comes to your mind. It is hard to argue against their success, but I wonder how many retail investors (even the professional ones) have the same discipline, focus and patience to stay the course through […]
Investing for retirement: 3 “In”s you must overcome
You’ve heard this investment advice before: buy undervalued stocks, purchase STI ETF regularly. Tada! After 20 years, you will have enough money for your retirement. This story, if you ever believed, is more fantasy than reality. The truth is, a successful investment is challenging, especially when it is associated with your retirement. This is because […]
Long Term Investment: 3 Reasons Why Is a Bad Investment Strategy
How often do you hear the advice to do long term investment? They say the smartest thing to do is to buy and hold because the market always come back; stay invested and you will outperform 90% of the fund managers. Should you believe long term investing? Long term investing seems to make sense in the first […]
Four fun Behavioral Finance videos you should watch
Have you ever wondered: What do most investors have in common with football? Would you have swooned for “tulip mania” in the 17th century? Is Loss Aversion Really just about Dodging Water Hazards? Why investors rather put money in the bank earning low yields, while the real threat of inflation is taking bite of their […]
3 financial lessons to learn from iPhone 6 flipping story
In today’s Straits Times article “Early birds get juiciest profits flipping iPhone 6″, it was reported that “in just 30 minutes, finance manager Sky Hui made a cool profit of $4,000 from buying and re-selling three new iPhones.” Interestingly, in this simple story, there are three essential lessons that you can learn to achieve greater financial success. […]