Month: November 2025
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Skipping drinks won’t make you rich
I’m not a fan of 3-dollar Cokes, as I’ve pointed out before. I used to be a fan of “skipping the latte”. I would wait for discounts before buying meals. I would skip drinks, always. If I didn’t need it, I wouldn’t buy it. It adds up, but not to much Let’s do some actual…
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You are the know-nothing investor
Diversification is for the know-nothing investor – Charlie Munger. That is why, with some deep research and a bit of common sense, you can select stocks that have strong growth, good fundamental prospects, and will outperform the market. That previous statement? Completely false. You are the know-nothing investor. Even professionals can’t outperform the market Active…
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The hidden risk in bank savings shows up
In 2022, UOB One account offered a 3.85% interest rate. In December 2025, UOB One account will offer a 1.00% interest rate. In my podcast with the Straits Times, I told you bank accounts were extremely risky. Not in a volatile sense, of course. Bank deposits are anti-volatile – they’re always worth the same amount.…
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“Are you doing okay with Money?” The Checklist for Financial Health
How do you know if you’re doing okay with your financial situation? This is a simple question with a complex answer. But I’m here to provide a straightforward 6 point checklist to ascertain your financial health. If you answer yes to all 6 questions, you’re in the pink of financial health! This isn’t new or…
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We can learn a lot from financial disclaimers
Financial disclaimers actually contain the most important lessons in investing. Morningstar is a well-known investment research and financial services firm famous for rating mutual funds (a.k.a. Unit trusts) across the globe. They publish an excellent report called Mind the Gap, which shows the difference between investment returns and the actual returns that investors experience. Let’s…