This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Fail to Plan; Plan to Fail.
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ReplyDeleteSINGAPORE: Almost two thirds of consumers in Singapore (65 per cent) believe they will achieve all their financial goals for the future.
But only 15 per cent of the consumers think that their current plans will provide enough for the future.
Half of them think that they will need to closely monitor and adjust their investments from time to time to meet their financial expectations.
And about a third (35 per cent) of the Singapore consumers surveyed said they have no confidence they will meet all their financial goals even if they were to adjust their investments.
Some 500 respondents in Singapore gave their views as part of the Nielsen Global Survey of Saving and Investment Strategies, which polled more than 30,000 Internet respondents in 60 countries.
The study, carried out in August and September last year, sought to evaluate how consumers around the world are preparing for current and future spending.
Among respondents from Singapore, the study found that those who are actively saving now do so out of concerns such as health issues, unexpected household emergencies, and loss of job or income.
Those who are actively saving for the longer term, do so for their retirement and the future of the children.
- CNA/nd
nobody knows if these survey results are skewed. I mean sometimes we have to be wise and be discerning to the motives behind these surveys. Are they doing for charity? hell no! Obvious they are trying to induce Singaporeans to buy their products!
ReplyDeleteCheck out my blog, SG Wealth Builder (www.sgwealthbuilder.com).
Regards,
Gerald Poh
SG Wealth Builder (www.sgwealthbuilder.com)