I’ve heard plenty of people say they want to start investing. But they are afraid to get started. I can understand. There are a lot of terms that sound intimating like fundamental analysis, technical analysis etc. So many types of analysis and we all have day jobs!
It’s no wonder most people would rather hire someone take care of it for them, like a financial advisor. Unfortunately, these people are rarely acting in our best interests.They don’t really care if you make money. Watch this segment by Jon Oliver for a hilarious review of financial advisors.
Investing by yourself doesn’t have to be difficult. You really only need index funds (which I’ve covered here), bonds (in the Singaporean context, your CPF is invested in Singapore Government bonds) and cash.
With that in mind, you only really need to know 3 things: