If you want to invest for retirement, you are facing an uphill task. Most investment strategies will never help you reach your retirement goals. The reason is simple, they are investment strategies, not retirement strategies. You need to understand that investing for wealth and investing for retirement are not the same thing. I wish I […]
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 […]
Why Warren Buffett is richer than you
If you dropped or found 10 cents on the floor, would you pick up? Many people won’t, but Warren Buffett, the world’s richest person, certainly does. His concept is, with each penny you pick up, thousands of dollars will come to you in the future. I personally notice a lot of people do not bother to […]
Who Are the Billionaires in Singapore?
According to Wealth-X and UBS Billionaire Consensus 2013, Singapore has 27 billionaires, it is the fifth biggest billionaire population in Asia and 18th in the world. The typical Singapore billionaire is said to be mainly from the “finance, banking and investments sector” and has at least a degree and is above 60 years old. The […]
How can you outperform Warren Buffett?
If you have not noticed, Warren Buffett has “underperformed” S&P 500 index in 2011. Buffett’s Berkshire Hathaway slipped 4.7% in 2011, while the Standard & Poor’s 500 index ended essentially unchanged. What would you have done to outperform Warren Buffett in 2011? Simple, Hold Cash! This reminds me of an interesting story. Recently, I was […]
What to do when Stock Market Crashed
Recently I wrote a blog post “Is Cash the King now” to express my view that investors should seize the opportunities due to recent stock market crash. Today I received a call from one of my friends. This guy is a DIY stock investor, he said he has lost thousands in the past few months and […]