What should I study to become a good investor?

There are a few times in our lives when we have to make big decisions and they could be easier for some than others but I don't think they are easy, by any measure.

AK talks to "himself" here.





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Reader says...

I'm AK too! I would like your advice for my course of studies.

I'm interested in investing. However should I take a degree in Business (in NBS ) to learn investing?

And would an engineering degree put me at a disadvantage due to not being able to learn accounting and economics?

I ask my father and friends and they all gave very different answer. I hope you can help me! Thank you.

P.S. I really enjoy reading your blog and find that many of your habits are worth following. Whenever I get home I always look foward to reading your posts be it where you eat and how much you save. 

AK says...

Alamak! You are asking an Arts grad whether you should study business or engineering? 

I have no clue! 

OK, end of reply. LOL.

I will say to go with your heart. Do what you want to do. 




I decided to do what I wanted to do too when trying to decide which degree to go for. 

If I had been a bit more practical in my choice, I would probably be making more money now but would I be happier? 

I don't know, really.

I did a part time diploma in business later. 




It was a bit demanding because the twice weekly classes were from 7pm to 10pm and the course went on for almost 2 years. 

It does show that if we want to study business or accounting later on, we can always do so as a mature student.

Enjoy your studies and whatever you do, as long as your are prudent in your personal finances and if you invest to supplement your earned income, in my eyes, you are on the right track. :)





Related posts (maybe):
1. A letter from a fresh grad.
2. A reader in his early 20s.
3. Take steps towards financial security.
4. The Millionaire Next Door.
5. How to be "One Up On Wall Street?"

A dollar saved is a dollar earned.

I was chatting with a fellow blogger recently on FB and he says he enjoys saving $1 coins:

Photo shared by the reader.

And I told him I do too. So, here are never seen before images of AK's pouch of $1 coins (and I only keep the old ones which I like more than the new ones):

Saving is a habit. No matter how little we save. If we do it regularly, it does add up.

"A journey of a thousand miles begins with a single step." - Lao Tzu.

Some friends were surprised at what I would do to save $1 before: Queue for S$1.00 parking fee redemption?

Remember what is the very first step to becoming richer? Clue.

Related post:
If we are not rich, don't act rich.
"I cannot save money because I don't make much."