INVESTING – What, How, Why, When?

Many of us, when we reach a certain age, we always think about investing. In the world today, there are so many ways to invest. Lots of people today are drawn to the appeal of investments, which can mean either substantial rewards or painful losses. Let me share with you some. I welcome anyone to share their feedbacks and ideas as well to my email - enquiry@nelsontks.com

So how do we go about when starting to invest? One of the ways is to read books and magazines. From local magazines, one can get to know more about local stocks. You can also get to know about stocks from talks, seminars and workshops conducted by various training organizations. Friends, family members and relatives can give you good advice too. You can also get to know new companies through your own research through SGX or stock market website(s). Most commonly, the internet allows anybody who has internet access to research any necessary information needed before making any investments.

The different form of investments is namely property, gold, commodities, insurance, stock market, Forex, unit trusts, setting up own business, etc. A good investment in stock and insurance products is one that appreciates or provides a good income over time. Unit trust and mutual funds take money from people and invest them in a variety of assets. With as volatile as the stock market can be, you never know where it may leave you. For Gold investing, it is not a buying a piece of the gold bar to lock in a safe. There are many ways to own gold and most of the time, you do not see the actual gold at all. For instance, Singaporeans can buy gold by using their Central Provident Fund Ordinary Account savings to invest in gold savings accounts or gold certificates. Their value mirrors any rises or falls in gold prices. When investing in commodities with companies, you could be exposed to more risks. With most gold investments, you worry mainly about the price of gold. With these commodity stocks, other factors, such as how well the firms are doing, come into play. Some investments are safer, some are riskier, so what you select has to be inside your comfort zone.

Even though it is impossible to predict the changes of the market, as you build your investment portfolio, you'll learn to accept the losses and await the success waiting around the corner. No one can control the market, but you are able to manage what you invest in. Study the “products” and know what you are putting your trust and your money in. Losses are a part of investment, which means you can't afford to make too many rash decisions, especially when you're starting out. Only invest what you can manage. Always remember not to go into debt just for the sake of investing.