MR HSIEH FU HUA, CEO OF SINGAPORE EXCHANGE, AT THE INVEST FAIR 2009 said ... Over the longer term, stock markets offer fair returns to those who have carefully diversified their investment portfolio.
In order to make better investment decisions and to reap the rewards, investors need to understand both the inherent investment and business risks. The famous American inventor, Thomas Edison, once said, "Success is 10% inspiration and 90% perspiration".
However, investors generally believe that success in the stock market requires more inspiration than perspiration, with some going so far as to having a flawed belief that gains are made based on 100% inspiration! Even if you are a speculative investor and liken investment to playing poker, one would be foolish not to study the cards before placing a bet. Therefore, for your investment to succeed, you too would need to do homework.
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
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