I read a report on how to earn a million dollars from the Singapore stocks markets, authored by a leading authority of the Singapore stocks scene. The techniques in the book are what I have known: time-honoured simple investing and mathematical rules which require discipline, wisdom and patience from investors. The principle is simply to buy good stocks which appreciate over time and which give a good dividends rate, re-invest the dividends and keep investing in the stocks yearly.
The principle and method are simple and good, however to carry out these techniques require wisdom from the investors. I mean in the markets, there are really “too many distractions” with many stocks all promising to be the next “market darlings”, the next “multi-baggers” and it is not always true that blue-chip stocks will always go up and up in prices. In the environment of increasing interest rates, investors who rely ......