Just For Thinking .....
This book is also available at NLB.
Createwealth8888's thought after reading this book.
Unless we are already high income earners with high saving rate, can we afford to remain passive and not constantly upgrading and widening our investing knowledge and skills to make our hard earned money work harder for us and to achieve financial independence before Singapore's official retirement age at 62 and re-employment up to 65.
In our first half we should work hard for our money and save more. We shouldn't even doubt it. It is a must!
In our second half, we may have built up fairly large account size for investing, we should uplift ourselves to make our money works harder for us. But, there is no such thing as less-work-more-return in the market where there is full of smart people watching over it day and night trying to fish more money out from other investors' hard earned money.
To become rich in stocks we must rise way above average investors since they are the ones to provide the fuel of the market. Why??? ETFs or whatsoever funds, the money provided by these investors must find their way back in and out of the market cycles. Who will benefit from these market cycles? The answer is quite obvious when the investing mind is open.
Practise 3M's - Method, Mind, and Money Management.
"Investing knowledge and investing skills are worth investing your precious time to acquire them when you are younger. These skills will remain with you long after your official retirement age and can become your pass-time job" - Createwealth8888
Read? Education - Trading - Becoming Rich in Stocks
Read? Education - Investing made simple
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