The Easiest No-brainer Investment Strategy (that I personally use)

I recently attended a Singapore Investment Week seminar which included a talk on investing using Robo-Advisors. Their argument is a compelling one. Why use fund managers who are shown to underperform (over the long term), yet when they do poorly, you still pay them a fee regardless? Stocks go up and you pay their fee. They go down, and you also pay. And their fee can be very high. Robo-Advisors also have fees, but they’re typically about one-quarter of the fees for a mutual fund/unit trust. But there is another option that could be even better, one in which I personally use.

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How to Deal with Lifestyle Inflation: The Other Sneaky Thief

First-world nations have a lot of HENRYs (High Earners, Not Rich Yet). They are the “working rich”, those who would stop being rich once they stopped working. They make a lot, but spend nearly all of it. Many professionals, including lawyers, doctors, and bankers, fall into this category. And what eats away at their money, more than anything else, is something called lifestyle inflation.

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Lynda.com – Another Free Online Learning Resource, through NLB

PM Lee’s May Day message1 was a call to action for us “to adapt, to embrace the change, to pick up new skills and take on better jobs.” Today, lifelong learning and upskilling are essential for staying relevant and mitigating risks in Industry 4.0. Our government offers many schemes and resources to help us do this. And as PM Lee said, “you should take full advantage of them.” One such resource is NLB’s LyndaLibrary.

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Save 85% on Pain Relief Medications, such as Panadol

Doctors, nurses, and pharmacists are more likely to buy generics over brand-name medicines. But when it comes to the average consumer, brands are often preferred. A lot of marketing dollars went into creating a perception of quality that sets the brand apart. But for medications whose active ingredients are the same, can your body really tell the difference? And is it worth spending 7x more for the same medication?

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