Book of Wise Investors

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First and foremost, structured products are investment products sold to retail investors usually by banks through bank relationships managers. Despite going by different names and advertised rates of return, financial products that fall under the category of structured products usually contain certain characteristics.

1. Difficulty in accessing how underlying assets performed

Money does not drop from the sky. Whatever you invest in, that product need to generate positive cash flows through some means and from somewhere else, usually from common…

The reason for teaching kids how to value money is very simple – you don’t want to save and scrimp on one hand so that your kids can splurge all on the other hand.

If you don’t do so now, it will be problematic when kids become adults and their toys become expensive.

Here are some of my humble suggestions for instilling kids of various age groups the value of money.

Ages 0 to 3

Under this age group, you don’t give them any money as they may mistook dollar notes and coins as food and sallow it.

Not only…

The situations are really not very pleasing to the eyes out there. Stock prices plummeted, many retrenchments across various sectors. People started to become more religious which may be a good thing.

To average Joe on the street, key thing on their minds is keeping finances in order until things are back to normal.

1. Aware of your cash balance

By right in the first place, you should record down on paper the monthly income and expenses. It is even more important now to do so since at this time comparing to a few years ago, there is a higher…