So, what is outsourcing? Outsourcing is contracting with another company or person to do a particular function. Typically, the function being outsourced is considered non-core to the business.
Do you also do some forms of outsourcing at personal level e.g. getting tutors for your kids, maid, baby-sitter, part-time domestic helper, etc. These functions may be considered as non-core to you and your family.
How about your investment? Do you consider it as non-core too?
You may say: "No". But, think again, maybe you did?
Have you been investing in Unit Trust, ILP or even ETF?
You probably has outsourced your investment function. But, if you think that your investment is a core function in your life journey, probably you should plan to take it back and put it more effort and time into it. All core functions definitely require serious effort and time to get them done.
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