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(Post 83/week 68)Learning investing/trading together part 16: Practical Guide On Financial Planning (By Tan Kin Lian) part 2
By Sonicericsg  •  March 29, 2019
Continuing on from part 1 here...

11.Good Financial Products

Criteria for good financial products: transparent, fair charges and value for money Product traded on an exchange such as stocks are transparent and available to all, you can either be a buyer or seller Invest in renown company stocks that have high volume transaction per day, avoid fund or stock has less than $100 million in asset Once again...avoid insurance saving plan! Stay away from any complex product that you do not understand! 12.A financial adviser Contrarily to the book, Simply, just avoid them or find a trusted financial advisor (or DIY yourself,there are many information about various product on bank websites, there is no need for a financial adviser) 13.How to deal with inflation Simply put, earn more money(1001 way to do this!) 14.Planning at a later stage Start saving early 15.Higher commitments Allocate your saving and...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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