Personal Finance

How To Make Money While You Sleep

What is your idea about passive income? For most people, passive income provides an opportunity for freedom and independence. It gives an escape from our 9-5 jobs that occupy most of our week. There are different ways to generate income while you are “sleeping”, here are just some of them: START A BLOG If playing with words comes naturally to you, you may find passion in writing. Establishing your own blog is quick and easy to do. Simply purchase your

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Investments

Teen-Friendly Books About Investments

Whether you like it or not, you are expected to know what you want to do for the rest of your life the minute you graduate from secondary school. It is understandable to strive for the highest paying field or job possible. However, that is not always the case. If you were to invest money at a young age, you can build a nest that is enough to sustain a comfortable lifestyle in your adult years. This may lessen the

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Investments

What On Earth Is Goal-Based Investing?

First and foremost, we must define what traditional investing is. Traditional asset allocation optimizes the structure of a portfolio based on a generalized approach. Although it typically suits the needs of the institutional investors, it is not necessarily adapted to suit the needs of a private investor. A private investor, such as yourself, tends to create different portfolios corresponding to different needs. On the other hand, goal-based investing is a relatively new approach in investing where the end justifies the

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Investments

What On Earth Are Investment Bonds?

DEFINITION A bond is a fixed income investment in which an issuer or investor loans money to an entity. Entities such as companies or governments borrow the funds for a definite period of time, involving an interest rate. These bonds are used by said entities to raise money or finance a variety of projects. PREPARATION If you are comfortable with getting less money in return, then you will benefit from investing on bonds. You may think that bonds are less

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Investments

5 Essential Things You Need To Consider Before Opening a CFD Trading Account

If you are thinking of trading in the financial market, the first thing you might want to do is open a trading account. With a plethora of platform providers in Singapore, choosing a platform as a preferred broker might be more beneficial to you than you realize. Since most providers offer very similar services, they may appear homogenous from the very start. However, if you take a closer look at the various services they offer, you will begin to notice

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