Money is important because it allows individuals and organizations to acquire goods and services necessary for survival and growth. It also serves as a medium of exchange for goods and services, as well as a store of value. Additionally, money can be used to invest and generate more wealth over time. There are various ways to invest money such as stocks, crypto, forex, REITs, options, bonds and exchange-traded funds. It is important to have a diversified portfolio to minimize risks. Warren Buffet once said, "The best investment you can make is in yourself". It is important to educate oneself financially and manage finances well. There are various resources available to learn about managing finances, economics, and other investment options.

<aside> <img src="/icons/column_gray.svg" alt="/icons/column_gray.svg" width="40px" /> C O N T E N T S

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<aside> <img src="/icons/subtitles_gray.svg" alt="/icons/subtitles_gray.svg" width="40px" /> Q U O T E S

“Buy the rumors, sell the news”
"Money doesn't buy you happiness, but neither does being broke. Money buys you freedom. Freedom gives you the time to find what makes you happy”
"I don't want to live at work and only visit home to sleep.”
“Best time to start investing is yesterday”
“To become rich, you need to be making money while you sleep”
“Don’t let the fear of losing be greater than the excitement of winning.” - Robert Kiyosaki
“Wealth is the ability to fully experience life.” -Henry David Thoreau
“Formal education will make you a living; self-education will make you a fortune.” - Jim Rohn
“Too many people spend money they earned to buy things they don't want to impress people that they don't like.” - Will Rogers
“The best thing money can buy is financial freedom”
“No one has ever become poor by giving.” - Anne Frank
“By enriching society, you can enrich yourself” - Aluxx
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
"The four most dangerous words in investing are: 'this time it's different.'" - Sir John Templeton
"The difference between successful people and very successful people is that very successful people say 'no' to almost everything." - Warren Buffet
"The best investment you can make is in yourself." - Warren Buffet
"The stock market is a device for transferring money from the impatient to the patient." - Peter Lynch

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<aside> <img src="/icons/subtitles_gray.svg" alt="/icons/subtitles_gray.svg" width="40px" /> Y O U T U B E

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<aside> <img src="/icons/movie-clapboard-play_gray.svg" alt="/icons/movie-clapboard-play_gray.svg" width="40px" /> V I D E O S

https://www.youtube.com/watch?v=0ncLRRLvdfk

https://www.youtube.com/watch?v=mzoX7zEZ6h4&list=PL9YGBHNjICMiUSM42d2hciwEM5h5SjsY4

https://www.youtube.com/watch?v=lNdOtlpmH5U

https://www.youtube.com/watch?v=Q0uXGQu55GM

https://www.youtube.com/watch?v=dmqoqVwFopE

https://www.youtube.com/watch?v=WEDIj9JBTC8&list=PL9YGBHNjICMiUSM42d2hciwEM5h5SjsY4&index=20

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<aside> <img src="/icons/book-closed_gray.svg" alt="/icons/book-closed_gray.svg" width="40px" /> B O O K S

"The Intelligent Investor" by Benjamin Graham: This book is considered a classic in the world of finance and investing. It teaches the principles of value investing, which involves identifying undervalued stocks and holding them for the long term. Graham also emphasizes the importance of avoiding emotional investing and sticking to a disciplined approach.
"The Millionaire Next Door" by Thomas Stanley and William Danko: This book examines the habits and traits of millionaires in America. It emphasizes frugality, hard work, and smart investing as key factors in achieving financial success. The authors also stress the importance of living below one's means and avoiding debt.
"Rich Dad Poor Dad" by Robert Kiyosaki: This book is a personal finance classic, offering practical advice on how to become financially independent. It emphasizes the importance of investing in assets that generate passive income, such as real estate and stocks. Kiyosaki also stresses the importance of financial education and taking calculated risks.
"The Richest Man in Babylon" by George S. Clason: This book is a collection of parables that teach financial lessons. It emphasizes the importance of saving, investing, and living within one's means. The book's timeless advice on personal finance includes setting aside a portion of one's income for savings, avoiding debt, and investing in assets that generate passive income.
"Think and Grow Rich" by Napoleon Hill: This book is a motivational classic that teaches readers how to achieve success in any area of life, including finance. It emphasizes the importance of having a clear vision, taking action, and maintaining a positive attitude. Hill also stresses the importance of perseverance and surrounding oneself with positive influences.
"The Psychology of Money" by Morgan Housel: This book explores the relationship between money and human behavior. It emphasizes the importance of understanding one's own biases and tendencies when it comes to money and investing. Housel also stresses the importance of staying focused on the long term and avoiding the temptation to make impulsive decisions based on short-term market fluctuations.
"A Random Walk Down Wall Street" by Burton Malkiel: This book argues that most investors should simply buy and hold a diversified portfolio of low-cost index funds. Malkiel debunks several myths about investing and provides an overview of how financial markets work.
"The Bogleheads' Guide to Investing" by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf: This book is based on the investment philosophy of John Bogle, the founder of Vanguard. It emphasizes the importance of keeping investment costs low, diversifying across different asset classes, and maintaining a long-term perspective.
"The Little Book of Common Sense Investing" by John Bogle: This book is a concise guide to investing that emphasizes the importance of low-cost index funds. Bogle argues that most investors should focus on minimizing costs and maintaining a diversified portfolio.
"The Coffeehouse Investor" by Bill Schultheis: This book offers a simple and straightforward approach to investing that emphasizes the importance of basic financial planning and a long-term perspective. Schultheis argues that most investors can achieve financial success by focusing on the basics and avoiding unnecessary complexity.
"Your Money or Your Life" by Vicki Robin and Joe Dominguez: This book offers a holistic approach to personal finance that emphasizes the connection between money and well-being. It provides practical advice on how to reduce expenses, eliminate debt, and achieve financial independence.
"The Simple Path to Wealth" by JL Collins: This book is a straightforward guide to investing that emphasizes the importance of low-cost index funds and a long-term perspective. Collins provides practical advice on how to build wealth over time and achieve financial independence.
"The Automatic Millionaire" by David Bach: This book emphasizes the importance of automating one's finances in order to achieve financial success. It provides practical advice on how to set up automatic savings and investment plans, as well as how to eliminate debt and build wealth over time.
"The Total Money Makeover" by Dave Ramsey: This book offers a step-by-step plan for getting out of debt, building an emergency fund, and investing for the future. Ramsey emphasizes the importance of living below one's means and avoiding debt, and provides practical advice on how to achieve financial independence.
"The Millionaire Mind" by Thomas Stanley: This book examines the habits and traits of millionaires in America, focusing on their attitudes and behaviors around money and investing. Stanley provides practical advice on how to adopt these habits and achieve financial success.
"The Investor's Manifesto" by William Bernstein: This book is a concise guide to investing that emphasizes the importance of maintaining a long-term perspective and minimizing costs. Bernstein provides practical advice on how to build a diversified portfolio and avoid common investing pitfalls.

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<aside> <img src="/icons/subtitles_gray.svg" alt="/icons/subtitles_gray.svg" width="40px" /> W E B S I T E S

Investopedia

ETF Database: The Original & Comprehensive Guide to ETFs

Dividend.com

Yahoo Finance – Stock market live, quotes, business & finance news

FINVIZ.com - Stock Screener

SG Related Finance Content

Seedly - Personal Finance Community & Free Expense Tracker

Compare the Best Loans, Insurance & Credit Cards in Singapore | MoneySmart.sg

DollarsAndSense.sg - Helping People Make Better Financial Decisions

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General Finance Knowledge

What is interest rate and why its important to know?

Interest rate is the cost of borrowing money. It is the percentage of the principal amount that a lender charges a borrower for the use of their money. Interest rates are determined by various factors, including inflation, monetary policy, and the supply and demand for credit. As a borrower, you should be concerned about interest rates because they can significantly impact the overall cost of borrowing. Higher interest rates mean higher monthly payments and a longer repayment period.

Inflation - Why must I be concern?

Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Inflation is usually measured by calculating the percentage change in the consumer price index (CPI) over time. Inflation can be caused by a variety of factors, including an increase in the money supply, rising production costs, or changes in consumer demand. Inflation has a significant impact on the economy, affecting everything from interest rates to the cost of living.

Inflation can have a significant impact on your finances. As the general level of prices for goods and services rises, the purchasing power of your money decreases. This means that the same amount of money can buy fewer goods and services over time. Inflation can particularly impact those on a fixed income, such as retirees, as their savings may not keep up with rising costs. Additionally, inflation can impact the value of investments, as it can erode the real rate of return. It is important to keep inflation in mind when making financial decisions and to consider strategies to protect against its effects.

What are robo investors?

Robo investors are automated investment platforms that use algorithms to manage portfolios. These platforms typically use a combination of exchange-traded funds (ETFs) and other low-cost investments to create a diversified portfolio based on the investor's risk tolerance and investment goals. Robo investors are designed to be low-cost and easy to use, making them an attractive option for those who want to invest but may not have the time or expertise to manage their own portfolio. Robo investors often provide a range of other features, such as automatic rebalancing and tax-loss harvesting, to help investors optimize their returns.

Other investment mediums

https://www.songvest.com/ - invest in songs

https://www.masterworks.com/ - artwork