All of us will likely end up making an investment decision that we will regret in the future. Despite how calculated your moves are, no investor is perfect. However, there are some errors that people have made in the past that you can learn from and avoid. On that note, here are five critical investing mistakes to avoid at all costs. #1: INVESTING WITHOUT ESTABLISHING AN EMERGENCY FUND Having a sense of financial security in case your investment and other
The Singapore dollar has hit an all-time high against the euro yesterday (Jul 12). The Singapore dollar reached a record high of S$1=€0.71 (or €1 = S$1.41) on Tuesday, up about 9% since the start of the year. Fear that an energy crisis in Europe and the war in Ukraine will plunge the region into a recession has caused the euro to depreciate. The slide of the euro also saw that it reaches parity against the US dollar in two decades.
In a significant relaxation of one of the tightest COVID-19 limitations, China has cut the length of the quarantine period for incoming tourists by half. The period of quarantine in centralized facilities has been shortened from 14 to seven days, and the subsequent period of at-home health monitoring has been shortened from seven to three days. The most recent health authority recommendations also relaxed quarantine rules for persons who are near those who have tested positive for COVID-19. In addition,
When it comes to investing, goal-setting is a vital step toward achieving financial success. Achievable goals can help you narrow your focus, stay motivated, and create a plan. In this article, you will learn the importance of goals and the steps to take. #1: DETERMINE YOUR GOALS Start by determining exactly what you want to achieve. Common investing goals include saving up for child’s education, retirement, and a house. Good investment goals need to be SMART. SMART stands for the
Time is your best friend when it comes to investing. The longer time you allow your assets to develop, the bigger your retirement fund will be. The problem is that most individuals aren’t educated about investing until they’re in their adult years. And by that time, most have already squandered over two decades. Traditional educational systems often do not educate children about investing, such as why they should acquire stocks while they are young and how to build a diversified