Recently I started to share some of my thoughts and personal experiences on personal finance and it received quite an overwhelming response. One of the most asked questions is “when should I start investing?” My answer is always NOW, because no one can ever tell you when is the best and worst time. You should invest whatever amount you can, whenever you can.
“But I’m afraid of losing money”. Keeping cash also means losing money in real interest rate term due to inflation. Over time, equities tend to perform better than other asset classes and if
you have a reasonably long time horizon, you can expect to have a better return. Do not
underestimate the power of compounding interest rate.
Diversification is also the key to manage your risk. For example, I always put my money
across different sectors, different asset classes and different countries. Investing in foreign
market sounds intimidating? Let’s learn from the experts as CGS-CIMB Securities (formerly
known as CIMB Securities) is hosting a virtual forum
with the theme “Survive, Sustain, Succeed: Strategies for Investing in a Post-pandemic
World”. It is scheduled to take place on 18th November 2020 from 9:00am to 1:00pm.
Registration is FREE too!
This is not another course that you often see on Facebook ads, offered by non credible
“investor gurus”. Instead, high-level speakers from key industry associations and award-
winning research analysts are giving market outlooks and views on various sectors such as
REITs, banks, and others. Register at http://bit.ly/InvestSG-KBCG Do not miss this FREE learning opportunity. @cgscimbmy @cgscimbsg
diversification of risk 在 12.4 Diversification: Return with Less Risk 的推薦與評價
Investing in different asset classes reduces your exposure to economic, asset class, and market risks. Concentrating investment concentrates risk. Diversifying ... ... <看更多>