Book of Wise Investors

The sum of market capitalization of all the companies listed on the stock exchange at any one time is what investors as a whole would want to pay for it at that time. However, this value and of each individual companies keep changing from day to day. This post is going to talk about some of the bias in judgment and weakness in behavior when it comes to investing for many investors, bias and weakness which you can exploit if you are aware of them and know how.

In fact, there is a well known asset management company managing assets…

As most of us know by now, life long employment is going to become extinct like dinosaurs in the near future. Corporations and businesses are placing profits first in the midst of globalization, translating into extreme cost cutting measures like retrenchments with minimal compensations.

Honestly speaking, it will require many long hours of self study on financial concepts and investigations into various investment vehicles. This website alone will not provide every piece of knowledge you need; neither will any single book and magazine in personal finance and investing. Constant ongoing learning and relearning, knowing what is going on in every…

Humans regardless of race, language and religions, pledged themselves as one united people when it comes to money.That is, we all want to become rich. Of course, the definition of rich is different for each one of us.

For my case, as long as I have acquired enough assets to generate enough income to cover my living expenses along with wants clearly defined like a completely paid off Japanese brand car, housing loan in some prime district and vacations in exotic locations once every year, etc. Then I considered myself rich. I don’t really need to found companies like Microsoft…

Abraham religions used to teach us that life start at conception while some other religions say that life start at birth.

Now insurance agents and financial planners are trying to preach us that life starts at 60 years old.

Their arguments are that save now, buy insurance, and invest in unit trusts. In other words, make your money work harder so that you can still enjoy present lifestyle after being forced to retire by your employers.

People are being instilled in their minds from as early as childhood, the need to plan for retirement.

As a result, we are lead…

This is not to say that I disagree with what the author of Rich Dad Poor Dad says. In fact, I totally agree with all points mentioned by Robert Kiyosaki in his best selling book on personal finance.

He does a very good job of introducing us to some important basic ideas in personal finance – 1. the idea that rich people don’t work for money, 2. the fact that having $5000 monthly income from assets is far better and stable than $5000 from a job as an employee. 3. Buy assets but not liabilities. Honestly speaking, without his bestseller…

I recently watched a movie about a brief history of Ip-Man (played by Donnie Yen), grandmaster of Wing Chun and mentor of International superstar Bruce Lee. The 107 minutes passes quite fast and I totally immersed myself in the story and fight scenes.

There are several principles of Wing Chun that can be translated into Personal Finance.

Wing Chun, Chinese name, ??, is a form of Chinese martial arts invented in quite recent times, rumored to be by a nun during late Qing Dynasty period. The essence of this close range combat techniques lies in having…

There is an age old saying that there are only two certainties in life, one is taxes, the other is death.

It is no wonder that being uncertain about what future will brings is a natural condition for humanity. In life, as in investing, accepting uncertainty and growing beyond it is something we all need to do. If it weren’t, no child would walk, no one would learn to drive, and there will be no businesses providing goods and services essential to our survival, needs and wants.

There are two techniques that successful investors employed successfully throughout the ages to…

Everyone at everywhere talks about investing.

In my view, there are top 5 personal reason whys investing is important.

1. Only option to save your money

It is no mystery that money kept under a pillow or in a savings account is losing its value (or purchasing power) with each passing day.

2. Only option to save yourself

With achieving of financial freedom from sound investing and investments, you can save yourself from the drudge of work, of unreasonable or irritating boss.

3. Sleep and grow rich (or money work for you)

Don’t you feel like beating yourself up if…