May 26 2022, 04:17 PM
QUOTE(JOMMAKAN @ May 26 2022, 01:18 PM)
in the end consistency is the key, but when comes to investment , invest in what you know but not just join the bandwagon.
I learnt my investment from my dad, he focus in income from his business. how about his savings? Does he put into stock, he never cause he know his weakness and he doesn’t have the time to do so.
What he did? ASM, financial advisor to invest for him, average out 6-10% yearly and don’t forget the power of compounding interest.
I am gen Y again we can’t compare our generation with baby boomers, its different
For me, i am focusing increased my income, save hard earn power in ASM and EPF, I do bit of trading stocks, unit trust etc
So far its good well.
stick to what you know, if you want to do something learn it don’t just do it for the sake of greed.
WOW that is very good.. 6-10% is after deduct commissions/fees?I learnt my investment from my dad, he focus in income from his business. how about his savings? Does he put into stock, he never cause he know his weakness and he doesn’t have the time to do so.
What he did? ASM, financial advisor to invest for him, average out 6-10% yearly and don’t forget the power of compounding interest.
I am gen Y again we can’t compare our generation with baby boomers, its different
For me, i am focusing increased my income, save hard earn power in ASM and EPF, I do bit of trading stocks, unit trust etc
So far its good well.
stick to what you know, if you want to do something learn it don’t just do it for the sake of greed.
High risk or low risk?
Since you said yearly, im assuming its long term investment?
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