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Does losing money make you a bad investor?
By Singapore's Budget Babe  •  August 13, 2017
Does losing money make you a bad investor? Rather than get demoralised over losses, I believe that losing money is part and parcel of one's investment journey for greater growth and insights. After all, some of the best lessons I learnt were when I lost money (such as the truth about ILPs). While I've had some incredible gains in my investment journey thus far (13% in 4 months on a recent stock I sold, for instance), I've to confess that it hasn't been without any losses either (obviously!) I don't talk too much about my losses on my blog, but today I thought I'd present a more realistic side. It is important that people are aware investing has real risks. While we can do our homework and due diligence to try and minimize our risk of losing (too much) money, it is never a 100% guarantee ......
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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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