With banks still paying humble interest rates, many fellow Singaporeans have become investors, jumping onto the investing bandwagon, becoming more financially-savvy and in the process, I would think that it is easy to succumb to temptation of taking more investing risks. I would leave investing risks to a topic for another post but today, I would like to remind all investors of an investment trap and that is the advice of our friends. If you are into investing, chances are that you will likely to have a circle of friends who invest or at least one close friend who investor as well whom you will always indulge in investing talk. Though I respect your investing friends, it is prudent for one to know the “track record” of your friends who invest. If your friends do not have a good track record, it is best to treat their stock recommendation with ......