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The current market climate is certainly not for the faint-hearted. It is during times like this that we would do well to remember the words of Warren Buffett:
“As far as I am concerned, the stock market doesn’t exist. It is there only as a reference to see if anybody is offering to do something foolish.”
Here’s a list of 10 major mistakes in managing your money. It is compiled by our Church Pastor. And even if our Pastor is not an expert in finance & investment, I must say it’s a pretty good guide: 1. Too Much Debt – no elaboration needed 2. Get Rich Quick – no elaboration needed 3. [...]
Most people I know prefer to invest in Property as compared to Shares. But if you have seen a Unit Trust presentation before, you will know that Fund Managers have all sorts of charts showing how shares are a superior investment compared to everything else. So who do we believe? OK let’s take this scenario… [...]
