One of my readers, Createweath8888, commented in my previous post that in this era of low saving rate, it is wiser to "invest well with most of our saving" instead of putting our money in the bank. Whilst I respect his view, I consider that a reckless financial advice. Simply because investment is never risk free. There is always a risk that you could lose a portion or all of your monies.

All of us must have a certain level of saving, then can we think or talk about investing. Depending on your comfort level, the amount of savings you accumulated can provide crucial safety net in times of crisis. Nowadays, with shorter financial cycles, you never know when retrenchment will strike. If that occurs, how prepared are you? Bear in mind that when you have no job, money will stop flowing into your pocket, but expenses will never stop. In ......