I spent the weekend reading a book that I borrowed from the library. It was titled : "The Forever Portfolio" by James Altucher.
I don't really like to write book reviews but this book really got me blown away as it was easy to read and it also contained lots of gems from a person who truly knows what he is talking about.
In fact, I finished reading the entire book in just 2 days!
The Forever Portfolio basically focuses on 2 simple questions to determine the stocks that one should hold in his or her portfolio:
1. What are the tidal wavelike demographic forces taking shape around the world that we can surf on top of?
2. What companies are best positioned to take advantage of these long-term trends?
The book gives lots of tips on which stocks to look out for and also simple advice on how to "piggyback" on various investment gurus.
While it is written in a US context, I believe that most people will find a gem or two in this book.
That being said, I thoroughly enjoyed reading this book and now have a much better understanding of various US businesses and certain stocks that I might want to purchase in the future. I wish I could share more but let me just do some of my own research first...
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ... -
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m.... -
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...
great, thanks for sharing...i might just try borrow this book from the library one of these days :)
ReplyDeleteYes you should. It is really a good book. Simple to read and full of insights.
ReplyDelete