Many newbies or virgin retail investors will go around asking: "What to invest?" Probably, that might be the reason why they didn't learn much after some years and still virgin.
Even when they attended educational investment seminar (not those previews to paid investment/trading course), they also tend to ask "What to invest?"
Next time, try asking "How to invest?" and that may change your way of thinking on investing.
You may need to bring along a notebook and a pen to jot down pointers for more thinking. Ask "How" instead of "What".
When you ask "How to invest?". It may trigger the reverse engineering way of investing by focusing from your investing end goals and working backwards to find out your investing strategy and plans to meet your investing goals at XX years down the road.
You will set yourself thinking on 3Ms on investing - Method, Mind and Money Management and not just Method. (What?)
Try asking "How to invest?" next time when you need to ask.
Long-term investing is more than just knowing what to invest.
The above is not applicable for Grasshoppers. Happy. Go lucky. Why bother about investing? Right!
Last updated : 14 Sep 2020
I am 64 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 21 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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