Many Singaporeans don't know how to invest in the stock market. They thought that investing in the stock market is akin to gambling, which is untrue. When it comes to investment, many Singaporeans don't even know the difference between risk and uncertainty. In salient, risk in stock investments can be managed through the proper technique. However, when it comes to gambling, you will not be able to predict the outcome and win consistently. Because of the lack of knowledge and self awareness, most Singaporeans tend to speculate in the stock market, resulting in the tip based investment culture in Singapore. The recent case of SGX suspending the trading of Blumont Group vindicated my thoughts.Blumont, which was previously involved in the packaging, property and investment sectors, started investing last year in a number of companies in sectors such as iron ore, coal, gold, uranium and copper. On 4 Oct, Blumont ...