Think deep and hard before you invest

Think deep and hard before you invest / advise / share.

The markets had been tough since 2010. Most (if not all) investors are losing their capital. Even if you are a ‘pro’, your experience would have assisted you to cushion the fall in value.

I am suggesting that you leave your investment to the ‘experienced’ professionals. Let me try to explain. Are you able to replace the professional experience of a certified doctor or lawyer? Of course not! Got it?

However, most of you try to educate yourself by reading books and attending investment seminars. You think it is just as simple as that. The question is that after you ‘think’ you have enough experience, do you think you could replace the doctor or the lawyer?

Investing is like going to war. It is hell out that. Try going to war without two years of national service. Most of you do not know you’re going to war. If you want to make money, you need to put in effort, time and dedication. It is not for part timers. I hope you realize the above at THIS point.

By the time you realize that if it’s not your profession to be a personal trader most of you are bound to pay ‘school fees’ forever.

Where did you go wrong? Your reason for seeking and managing your own investment could be as a result that your financial institution, ‘insurance agent’, ’financial planner’, ’wealth planner’, etc recommended this product or that AND they  lost your money. They lost your investment. And you have a long list of bloggers who would suggest that you manage your own investments. After the above, try investing by yourself?

The fact is that are you stupid, crazy, mad or an idiot?

If you still don’t get it, read the above paragraph again. Are they investment advisers? NO!

If you still do not know how to differentiate, they are retail outlets, distributors, salesman, etc. And even if they are investment advisers, their recommendation would be based on your risk profile. ‘PERIOD’. Is it just that simple?

If you think they could help you to potentially enhance your investments, the next question is

·         Do they monitor financial markets?

·         Do they understand what’s happening?

·         Do they know what’s logical or otherwise? Even so, do they have a strategy?

·         Are they discipline to execute the strategy?

·         Do they inform you what is happening? The best part is do you bother to read your emails and acknowledge his opinions?

Otherwise, all the above are successful ingredients for you to FAIL. I can’t blame most of you, as most of you do not have a ‘degree’ in investments. However, you need to be smart enough to ask the ‘right’ set of questions AND to identify and if you have chosen the ‘right’ product – the professional advice.

The other issue is that most of us are not custom to making payment for professional advice. Hence, you get ‘peanuts’! And up to this point, I can safely say that most of you are still not able to identify the real ‘Mc Coy’. I hope the relevant authorities are able to note my comments and assist Singaporeans in the above matter.

The above is not an exhaust list of why people lose their investment or they got burnt. There are many other reasons. Please share your thought if you have any.

Audience, please be reactive. If you agree to the above points, click ‘like me’ ‘add Google’ and share the article with your friends. Between two audience and if one forwards the article, my statistics would increase by 50%. Bear in mind. Thank you.

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