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This Singaporean Lost A Six-Figure Sum in the Stock Market in 2015
By Singapore's Budget Babe  •  January 8, 2016
A Singaporean investor lost so much money last year in stocks that he could have bought a 5-room HDB flat if he hadn't invested instead. He wasn't the only one. When the markets opened this year, over $12.4 billion was wiped out from just 5 of the world's richest folks.
Credits: The Straits Times
Given such circumstances, would you still dare to invest today? I was quite intrigued with AK's recent article, which he has kindly allowed me to reference here. His guest post (found here) talks about one man's losses in the stock market last year. Now, this may just be one person's perspective, but remember that almost every investor saw their stocks dip significantly in 2015 as well, given how Singapore (and the global) markets performed. Lest you think losing the equivalent of a 5-room HDB flat will not happen to you, consider this scenario. This ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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