I love to laugh at the fancy ads that fund management companies take out on the MRT. They’ll say things like “Hey, we’re superdamnawesome at knowing our stocks, so don’t worry, let us do the dirty work to invest for you!” But the truth is, “professional” investors like unit trusts (or as Americans call them, […]
I once had this Econometrics professor back in college. He was young, Brazilian, super intelligent, and had an insane pleasure in messing with our heads. Once, he gave me the most stressful multiple-choice exam ever. Here’s what went through my mind while I was doing it: Question 1: The answer is B. Easy peasy. Question
¡Hola, I’m back! Didja miss me? So sorry for being MIA for the past couple of weeks – I was vacationing in Spain, and after I got back I had to prepare for an unexpected interview (for an internal rotation – I’m not quitting my job!). But it’s all good now, and I can finally
Whenever I check into a hotel, I get really fascinated by just how crazy expensive some of the items in the minibar are. One time when I was on vacation, I felt a little hungry so I lumbered over to the minibar and pulled out a pack of cashew nuts – just the regular kind
Have you ever checked out the finance section of your local bookstore? That’s usually the first place I zoom into, because I’m nerdy like that. The first thing you usually see is a SEA OF PURPLE in that hugeass shelf of Rich Dad, Poor Dad books. Don’t ask me why, but the gaudiness kind of
You know that superstition that says it’s bad luck to walk under a ladder? So we totally know that it’s based on myth and has no scientific basis whatsoever (If you’re curious, wisegeek gives a possible explanation on why this superstition exists), but we adhere to it anyway. Why take a chance, right? There’s this study
There are some things that I would never pay someone to do for me. Like brushing my teeth. Or reading. Or organizing my iTunes library. Or picking my nose. Even if there was someone offering these services on Craigslist, I wouldn’t pay him a dime because 1) he’s probably expensive as hell and 2) he would
So I attended Invest Fair 2012 this weekend, which was pretty much a marketplace of financial service providers, brokers, insurance companies, and the occasional weird individual trying to tout his own “proprietary” trading system. It was exactly like a marketplace, the kind you’d find at your local heartland HDB estate, with energetic sweaty speakers gesturing
Here’s the problem about investing – we know that it’s good for us, but most people suck at it. We all have an uncle somewhere who lost his entire retirement savings by betting on Asian stocks in 1997, tech stocks in 2000, or financial stocks in 2008. He held on to his portfolio as the
