Investments risky? Saving in a bank is “riskier”

Last week, I was watching a drama show on TV and in a particular scene, the husband and wife were talking about investments. The husband said his friend is making $10,000 a month on top of his regular office hours job. He said his friend asked him to invest with him. The problem was that … Continue reading Investments risky? Saving in a bank is “riskier”

3 Essential Things for a Meaningful Kitty

Many of us want to retire comfortably, retire rich and retire without having to worry about money anymore. For a meaningful retirement, we must have a substantial amount of money to tide us through our retirement years. Even for short-term goals such as to finance a house, finance your child's education or to finance a … Continue reading 3 Essential Things for a Meaningful Kitty

The Famous Marshmallow Experiment

The Stanford Marshmallow Experiment conducted in 1972 was a study on delayed gratification and is regarded as one of the most successful behavioural experiments. In the experiment, a marshmallow was offered to each child. If the child could resist eating the marshmallow, he was promised two the next round. Experimenters then analyzed how long each child resisted … Continue reading The Famous Marshmallow Experiment

Golden Cross and Death Cross

I came across an article in this week's The Edge magazine. The article touched on the technicals of the STI and I learnt about predication of long-term trends with the 50-day moving average and the 200-day moving average from the article. When the 50-day moving average crosses above the 200-day moving average, a 'golden cross' … Continue reading Golden Cross and Death Cross

Warren Buffett on Efficient Market Theory

"I'd be a bum on the street with a tin cup if the markets were always efficient" - Warren Buffett Warren Buffett succinctly and perfectly sums up what EMT is all about. I'm also a non-believer of this theory because if the markets were so efficient, Warren Buffett wouldn't be the 3rd richest man on this … Continue reading Warren Buffett on Efficient Market Theory