Tips for clueless investors

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ykeen

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wahkao3 said:
is that book good? read liao can huat?
Click to expand...

The book is more like a Financial Literacy foundation since many Singaporeans does not seem to be financially literate.

At least this is a step in improving financial literacy here...
 
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unhinged_loon

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Simple. Unit trusts earn more money for (the so called) financial experts. If retail investors only invests in ETFs or individual stock counters, lots of people would be out of jobs.


*tinfoil hat on*
The gahmen won't want that, right?




*protip: Even ETFs are not guaranteed to give a positive return over time if the economy stagnates in the case of a localized ETF: see the Japan Nikkei for an example.
 
Genosis

Genosis

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ykeen said:
The book is more like a Financial Literacy foundation since many Singaporeans does not seem to be financially literate.

At least this is a step in improving financial literacy here...
Click to expand...

Definitely a step in the right direction......:D
 
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