Singaporeans are once again heading for the voting booths.
The government has announced that polling day will be held on July 10.
Suffice to say it’s the first time the country will be having elections amidst a pandemic.
Gone are the usual rousing rallies where emotions run high. Social distancing measures have made these impossible.
Maybe this is a good thing.
With well-organised, rational debates being broadcast on national television, the public can get a clearer sense of what each political party has to offer.
The same goes for investing.
We need to avoid getting too emotional when we pick stocks. Instead, we should approach investing with a clear and rational mind.
There is something else in common between elections and investing.
In each, you are about to make an important decision that could affect your future.
As the saying goes, vote wisely. And when it comes to investing, the same saying would go — choose your companies wisely, too....