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All in Accumulation
We set goals in our everyday lives as a way to measure performance or to aspire towards a dream. Interestingly, many people do not have financial goals planned out. A good financial planning concept is simple like ABCDE and to be SMART about it.
We've gone through the different types of options available to us in terms of asset classes in Part 1 of this Investment 101 series. Now let’s go deeper into how we should consider these options for investment, with a process I like to remember as the RITE way.
Your friends are always talking about this and that investment - which stocks to buy, are the Singapore savings bonds worth queuing for, or watching that new property launch with an attractive p.s.f. Most of the time, you want to join in the conversation but don't know anything about it. You want to invest too, or maybe you are not sure. Well, let's put your money where your mouth is and get you started.
