Dear readers, yesterday, it was reported that One in Three Singaporeans do no invest. The aforementioned report was set in the context of long-term financial planning and after reading the article, I have mixed feelings.
I have mixed feelings simply because I know not all investments will lead to good outcome for retail investors should they start investing. In fact, it is easy to lose one’s monies in investing in these current volatile times unless one have a clear strategy.
I speak it for myself since I have learnt valuable lessons in my investing journey, only to obtain sustainable and consistent good profits after formulating a good strategy.
Could you imagine if the article were to read “One in Three Singaporean do not Invest and xx % of the Two Singaporeans who do so have lost their capital?”. Those one in three Singaporeans who read the headlines will then feel relieved instead.
Now, I have good news for those one in three investors who do not invest or have not invest. Invest when the stocks markets corrections come (it has really been close to a decade since the stocks markets crash) since then cash is King. Investors could pocket a good decent profits by buying excellent stocks at depressed prices then.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!