There has been some calls to poll my opinion on what should someone do with $100,000. There has also been queries as to whether some of the things I wrote on Growing Your Tree of Prosperity is still valid with the market today.
Growing Your Tree of Prosperity is a lot more than just about investing in unit trusts, it puts readers in their first attempt to pony up $100,000 - something which is attainable by almost anyone. It's special to me as it also captured some issues which bothered me 9 years ago. These days, I find that cynical tone in my first book quite amusing even though it shaped my behavior as an investor.
I will first address some of the changes in my mindset here :
a) These days, ETFs may indeed be superior to unit trusts.
Close to a decade ago, ETFs were not as ubiquitous ......