tag:blogger.com,1999:blog-7944902213075756335.post6409238673851427918..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): At what age to start investing in the stock market?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-7944902213075756335.post-30278286167220648652019-07-23T12:57:37.401+08:002019-07-23T12:57:37.401+08:00Hi Capricon,
Thanks for letting me know.
The blo...Hi Capricon,<br /><br />Thanks for letting me know.<br /><br />The blog post is available now. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55213142933084914732011-06-26T13:33:36.145+08:002011-06-26T13:33:36.145+08:00Hi Harry,
People have their comfort zones. It is ...Hi Harry,<br /><br />People have their comfort zones. It is quite true. Thanks for sharing the link. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83917502018738566092011-06-26T10:15:20.142+08:002011-06-26T10:15:20.142+08:00Hi AK, with regards to your comment dated February...Hi AK, with regards to your comment dated February 21, 2011 10:13 PM, I would like to add that humans when faced with the paradox of choices will tend to lean towards more comfortable options instead of choosing the best ones. I guess when given so many choices to manage your money/savings our parents will just choose one that is easier to handle.<br /><br />I would like to share this youtube Harrynoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71814591733892061722011-02-22T16:17:02.812+08:002011-02-22T16:17:02.812+08:00Hi Jay,
Hey, nice of you to drop in. Thanks for t...Hi Jay,<br /><br />Hey, nice of you to drop in. Thanks for the encouragement. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-654876993193512362011-02-22T16:16:27.616+08:002011-02-22T16:16:27.616+08:00Hi left_ray,
Yes, that is an important concept to...Hi left_ray,<br /><br />Yes, that is an important concept too. All in good time. I don't want to intiminate a 9 year old girl so much that she avoids any topic on investment in future. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63056743880645578962011-02-22T16:15:04.968+08:002011-02-22T16:15:04.968+08:00Hi yyt,
I was a really frugal person and, in many...Hi yyt,<br /><br />I was a really frugal person and, in many ways, I still am. To be exact, it started from the time I became a working adult. Money is so hard to make, isn't it?<br /><br />Many things I wanted to buy, I didn't. Now, I am able to buy so many things without really having to worry about touching my savings.<br /><br />That Marshmallow Test is interesting. I will explore it AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82392244910182153902011-02-22T12:57:50.856+08:002011-02-22T12:57:50.856+08:00Hey AK !!!
What you are doing to your niece is wh...Hey AK !!!<br /><br />What you are doing to your niece is what my dad did to me last time when I am at that age !!<br /><br />Well done !Jay Chiahttp://timetohuat.sillypore.comnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-8266607908942894952011-02-22T11:24:58.709+08:002011-02-22T11:24:58.709+08:00It's so very important to teach our kids in fi...It's so very important to teach our kids in financial planning and investment is just part of it. The top priority should be risk assessment.left_rayhttps://www.blogger.com/profile/17765352167167206493noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-31770825577357179852011-02-22T09:49:40.538+08:002011-02-22T09:49:40.538+08:00Hi AK,
"delayed gratification" is a ve...Hi AK, <br /><br />"delayed gratification" is a very powerful and yet intricate concept. <br />Some people get it quick, others need "cajoling" via dis-incentives, some needs just a little guidance.<br /><br />Glad that your niece sees the point in it + your guidance.<br /><br />Coincidentally, I was reading a book mentioning this concept amongst American kids. It's yythttps://www.blogger.com/profile/12514252515291482844noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-68374204148606096282011-02-21T22:13:03.980+08:002011-02-21T22:13:03.980+08:00Hi Journalist,
I am sure our parents would have o...Hi Journalist,<br /><br />I am sure our parents would have our interests at heart in all that they do. However, what they think is best for us might not really be the case. So, it is true that we should do it ourselves and make sure we are educated to do it right! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40638806820434703672011-02-21T22:08:49.690+08:002011-02-21T22:08:49.690+08:00Hi SnOOpy168,
To be fair, not all insurance produ...Hi SnOOpy168,<br /><br />To be fair, not all insurance products are duds. Really. We just have to carefully go through the details and decide for ourselves instead of relying on advisers.<br /><br />Personally, over the years I found a couple of good endowment policies which were low risk and had relatively high returns. They are no longer being offered, sadly.<br /><br />Doing our own investing AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77149185181318261142011-02-21T20:56:43.652+08:002011-02-21T20:56:43.652+08:002 sides of a coin really, I think for parents/uncl...2 sides of a coin really, I think for parents/uncles to invest for their kids/nieces are good (provided you are 100% the money will grow).<br /><br />My mum invested the sum she and dad set aside for me in stocks and 75% of it got wiped out. You can say she's a bad investor but her intentions were similar to yours.<br /><br />When I'm 18, she told me to buy insurance, again thinking it&#Journalisthttp://journalist@thestocktradingadvisor.comnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-65474170200251346622011-02-21T17:45:45.150+08:002011-02-21T17:45:45.150+08:00Envy all these kids for having such good advisor. ...Envy all these kids for having such good advisor. <br /><br />All I had was those scheming insurance agents telling me that Endowment are good form of savings and that you put a little and get back a few times back when it matures. Plus insurance coverage too. Or that bank sales person saying that unit trust are also good form of investment as you can share into a bigger pool of funds to touch Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-24441625408826381152011-02-20T23:19:14.646+08:002011-02-20T23:19:14.646+08:00Hi MW,
I am sure your daughter would have a very ...Hi MW,<br /><br />I am sure your daughter would have a very early headstart. MW's daughter. Life father, like daughter, right? :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-46549170609897096112011-02-20T22:37:08.164+08:002011-02-20T22:37:08.164+08:00Hi AK71,
Good thing you did. I hope I can inculca...Hi AK71,<br /><br />Good thing you did. I hope I can inculcate such values in my daughter in future as well.<br /><br />Thanks for this post.<br /><br />Cheers,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-14389916358790684752011-02-20T22:11:02.254+08:002011-02-20T22:11:02.254+08:00Hi Raelynn,
My dad, till today, still does not be...Hi Raelynn,<br /><br />My dad, till today, still does not believe in the stock market. He has so many horror stories to share about people who lost all their money in the stock market. <br /><br />I won't bemoan the fact that my parents did not invest my childhood savings for greater returns since they would only want the best for me and probably didn't want to risk it. Do I sound like I AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82149238081299915742011-02-20T22:06:36.710+08:002011-02-20T22:06:36.710+08:00Hi Temperament,
Thank you for the very positive n...Hi Temperament,<br /><br />Thank you for the very positive note. I can only hope for the very best. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11322913964142879782011-02-20T21:58:43.318+08:002011-02-20T21:58:43.318+08:00wow CW, your children are lucky! my parents left m...wow CW, your children are lucky! my parents left my ang pow money (which i very obediently gave to them till i was about 10) in a POSB account instead of using them to buy shares for me despite having their own portfolio holdings.Raelynnnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54147804916571040002011-02-20T20:27:13.163+08:002011-02-20T20:27:13.163+08:00Wow AK71,
Your niece is only nine years old and a...Wow AK71,<br /><br />Your niece is only nine years old and already have the knowledge shown by you how "money can make money". If she can really maintain her interest throughout her life, she will be a millionaire very much faster then you.<br />By the way WB started in running his own "business" by the age of 10-12. He also had some experience of investing in stocks around Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70293426613883689482011-02-20T19:17:43.338+08:002011-02-20T19:17:43.338+08:00Hi Anonymous,
Very droll. Good luck trying. ;)Hi Anonymous,<br /><br />Very droll. Good luck trying. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17148563719773144862011-02-20T19:16:55.456+08:002011-02-20T19:16:55.456+08:00Hi CW,
You are right which is why I am getting my...Hi CW,<br /><br />You are right which is why I am getting my niece interested and explaining some ideas to her now. Hopefully, it would give her a headstart when she becomes a working adult. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44771778423704997982011-02-20T17:41:25.642+08:002011-02-20T17:41:25.642+08:00hi ak71,
can i invest for my kids when they are n...hi ak71,<br /><br />can i invest for my kids when they are not even born and i dont even have a girlfriend to produce them?<br /><br />is it being too far sighted?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-73961802572159631262011-02-20T17:12:36.190+08:002011-02-20T17:12:36.190+08:00Actually, the real investing started when one DIY ...Actually, the real investing started when one DIY with their own hard-earned money.Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56138220370276167032011-02-20T17:00:51.716+08:002011-02-20T17:00:51.716+08:00Hi CW,
Your kids didn't have a choice, just l...Hi CW,<br /><br />Your kids didn't have a choice, just like Catholics being baptised soon after birth. ;p<br /><br />I am sure you took pains to explain to your kids when they were older why you did what you did. Otherwise, they might resent you taking away their money. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-38944565915786359652011-02-20T16:57:00.543+08:002011-02-20T16:57:00.543+08:00So my kids started investing since one month old w...So my kids started investing since one month old with their baby shower ang pow. LOLCreatewealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.com