If calculus or algebra were required to be a great investor ...

If calculus or algebra were required to be a great investor, I'd have to go back to delivering newspapers. - Warren Buffet.

According to Warren, the maths skills you need to be a great investor are addition, subtraction, multiplication, division, and the ability to rapidly calculate percentages & probability. Anything more, as the French would say, is a waste. Anything less and you can't play the game.

What is one of the world greatest investor trying to tell us ?

You don't need to study rocket science to become an investor who makes money.
There are too many investors out there calling themselves "investors" but not making any money in the market.

So the question is, if you don't need to be a genius to become an investor who makes money, how come people are not making money in the market?

I mean an investor who makes money both in the bull market as well as the bear market.
Even a fool will have no problems making money in the bull market you see.

Although you do not need to be a genius to become an investor who makes money in the market, but you also can't be a fool and expecting to become rich just by anyhow investing.

You need to get an education in the area of investing. A proper education to see some proper returns on your investment.

When you do not understand investment, you will feel insecure when you are asked to invest.
And, you should feel insecure!

I've talked to people about investment before, "hey! since you got extra fund, why not invest in XYZ?"

"I need to save money leh, next time need to buy house"

They talked as if once they invest the money, means like they are throwing away the money, sure lose one. Met them before ?

That is also one of the reason why people aggressively save money or buying savings plan.

Because they don't understand how investing works, as well as how to protect their capital, that's why they prefer buying savings plan and I think they should buy into savings plan instead of investing.

Until they decided to get educated.

Because savings plan in a way, most of it protects your capital as well as giving you roughly 3% returns every year, which is higher than most of the bank in singapore.

But have you ever wondered where do those financial institutes get the money to give you your 3% returns every year?

Think about it...

Merry Christmas
&
Happy New Year!!!